Add Sport Betting Industry Seeks To Protect Itself
commit
b990f9c10d
|
@ -0,0 +1,68 @@
|
||||||
|
<br>Sport [sports betting](https://cheere.org/read-blog/36230_how-fantasy-betting-app-development-companies-and-sports-developers.html) market aims to safeguard itself<br>
|
||||||
|
<br>16 September 2010<br>
|
||||||
|
<br>By Bill Wilson<br>
|
||||||
|
<br>Business press reporter, BBC News<br>
|
||||||
|
<br>[sports betting](https://innovator24.com/read-blog/22549_how-are-betting-odds-calculated.html) on sport is huge business.<br>
|
||||||
|
<br>Sport England approximates the worth of spending on sport-related gaming in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.<br>
|
||||||
|
<br>And that figure is most likely to have grown even more, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summertime.<br>
|
||||||
|
<br>Meanwhile, German research study company Sport & Markt estimates the general international [sports betting](https://wiki.ragnaworld.net/index.php?title=User:DelorasZimmer) market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://wavedream.wiki/index.php/User:KandiArmijo8) gaming.<br>
|
||||||
|
<br>But when the stability of occasions are hit the gambling market suffers, and incomes are put under threat if consumers can not bet with self-confidence.<br>
|
||||||
|
<br>And there can have been couple of higher-profile sport wagering stories than those impacting cricket and snooker this year.<br>
|
||||||
|
<br>High-profile<br>
|
||||||
|
<br>As Sport & Markt's Gareth Moore observes: "Everyone talks about the [sports betting](https://social.japrime.id/read-blog/23457_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) gambling market now.<br>
|
||||||
|
<br>"Not only is it a considerable market in world organization, it is one that is now on the front pages of papers."<br>
|
||||||
|
<br>Four Pakistan cricketers have been questioned by authorities over spot-fixing allegations relating to a test against England at Lord's last month.<br>
|
||||||
|
<br>Three of these players have actually said they will likewise challenge the corruption charges mounted against the trio by the sport governing body the International Cricket Council.<br>
|
||||||
|
<br>Meanwhile, three-times snooker world champ John Higgins was cleared of match-fixing allegations, however was banned recently for six months for stopping working to report the unlawful method to him to toss frames.<br>
|
||||||
|
<br>There are likewise two other continuing examinations - not associated to Mr Higgins - into snooker.<br>
|
||||||
|
<br>'Honest'<br>
|
||||||
|
<br>David O'Reilly is legal counsel for Betfair, among the UK's most significant online sporting exchanges.<br>
|
||||||
|
<br>"If the sport is viewed as honest, straight and reasonable that is excellent for wagering firms since people will invest money [wagering](https://wiki.snooze-hotelsoftware.de/index.php?title=Benutzer:Lucio5460615) with self-confidence," he says.<br>
|
||||||
|
<br>"If you take the Pakistan claims, although unassociated to the UK regulated wagering market ... it is not really a favorable story for wagering in the UK.<br>
|
||||||
|
<br>"That is since the understanding is that 'cricket is now something we may have to beware about'."<br>
|
||||||
|
<br>'Education'<br>
|
||||||
|
<br>So what can be done to prevent future scandals?<br>
|
||||||
|
<br>According to professionals at a World [sports betting](https://tartar.app/read-blog/1671_how-are-betting-odds-calculated.html) Law Report conference into [sports betting](http://wiki.die-karte-bitte.de/index.php/Benutzer_Diskussion:ElanaHeilman9) gambling, the focus has to be on sportsmen and sportswomen.<br>
|
||||||
|
<br>As Simon Taylor of the Professional Players' Federation mentions: "The only individuals who can repair a match are the rivals or the referee."<br>
|
||||||
|
<br>His organisation represents guys and ladies in 15 [sports betting](https://demo.shoudyhosting.com/qtoa/?qa=85630/just-how-much-are-americans-investing-in-sports-betting) in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||||
|
<br>He thinks that it is to merely have deterrents, sanctions and disciplinary procedures, but that the way to deal with possible problems around players is also through education.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||||
|
<br>Mr Taylor says guidelines need to be explained plainly to gamers with clear examples, and by individuals they appreciate.<br>
|
||||||
|
<br>"Through informing gamers about [sports betting](https://werderbremenfansclub.com/read-blog/14044_for-sports-gambling-to-be-legalised.html) wagering you strengthen integrity and that is in everyone's interest," he adds.<br>
|
||||||
|
<br>"If gamers are harder to corrupt then sport will be more difficult to corrupt."<br>
|
||||||
|
<br>'Brand damage'<br>
|
||||||
|
<br>Matt Johnson, head of regulative legal guidance at the Football Association, agrees.<br>
|
||||||
|
<br>"Prevention is better than remedy, and we also make a point of telling gamers 'you are going to be captured'."<br>
|
||||||
|
<br>"It is imperative that sport is straight, and is seen to be directly," he includes.<br>
|
||||||
|
<br>"If it loses that then people don't desire to bet, that is not in gambling companies' interests, and it is not in our interests."<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
|
||||||
|
<br>He stated that when an excellent reputation was lost, the damage to a sport was "incalculable".<br>
|
||||||
|
<br>FA guidelines indicate players are not allowed to bet on a competitors in which they are included.<br>
|
||||||
|
<br>Mr Johnson states gamers have to be seen not to be cashing in on any inside understanding, which he says might cause "brand damage" to football and its competitors.<br>
|
||||||
|
<br>So, even a 2nd Division player knocked out of the FA Cup in the autumn can not wager on a Manchester United v Chelsea cup final the following spring.<br>
|
||||||
|
<br>"We have to get over to players the reputational risk to the game," he says. "Once self-confidence has been harmed it is hard to get it back - mud sticks."<br>
|
||||||
|
<br>'Overwhelmingly legal'<br>
|
||||||
|
<br>If this represents the "carrot" approach, then maybe Nick Tofiluk, director of guideline at the Gambling Commission, represents the "stick".<br>
|
||||||
|
<br>The Gambling Commission was set up under the Gambling Act 2005 to manage commercial gaming in Great Britain.<br>
|
||||||
|
<br>An ex-chief constable of West Midlands cops, Mr Tofiluk has responsibility for policing all wagering in the UK apart from spread wagering, which is the remit of the FSA.<br>
|
||||||
|
<br>"The frustrating bulk of [sports betting](https://wiki.dulovic.tech/index.php/User:ShawneeMcHale61) wagering occurring through UK operators is legal and reasonable," he says.<br>
|
||||||
|
<br>"But for some there is the temptation to ... corruptly interfere with the result of a sporting occasion.<br>
|
||||||
|
<br>"Such unfaithful has the potential to weaken the stability of a sport, and it also hurts the industrial interests of [sports betting](https://wiki.ragnaworld.net/index.php?title=User:AlisiaStern2) bodies and [sports betting](https://systemcheck-wiki.de/index.php?title=Benutzer:KUWAurelia)."<br>
|
||||||
|
<br>The commission has actually developed an in-house [Sports Betting](https://origintraffic.com/read-blog/1662_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) Intelligence Unit to get and share information to sporting authorities, [sports betting](http://www.larsaluarna.se/index.php/User:Kevin79763) companies and policing authorities.<br>
|
||||||
|
<br>"Since 2007 we have experienced a significant insight into world of corrupt [sports betting](https://miderde.de/index.php?title=Benutzer:MayBromham7523)," he says.<br>
|
||||||
|
<br>"We will notify [sports betting](http://classicalmusicmp3freedownload.com/ja/index.php?title=%E5%88%A9%E7%94%A8%E8%80%85:FelicaBbz6) of our concerns, to assist avoid or curtail [illegal] activity"<br>
|
||||||
|
<br>In May 2010, the commission likewise presented a confidential telephone hotline for those with details or suspicions.<br>
|
||||||
|
<br>'Vulnerabilities'<br>
|
||||||
|
<br>But in a two-and-a-half year duration there has actually been simply one prosecution, a 24-year-old man who was cautioned for unfaithful in relation to greyhound racing.<br>
|
||||||
|
<br>However, Mr Tofiluk says there are still eight continuous investigations, and that much useful info has actually also been passed to [sports betting](http://archmageriseswiki.com/index.php/User:KathrynHodgson) authorities.<br>
|
||||||
|
<br>He stated that where an investigation by a sport governing body was quicker, and more cost effective, then the commission would consider stopping a criminal investigation "in favour of letting [sports betting](https://app.theremoteinternship.com/read-blog/25793_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) governing bodies take the lead".<br>
|
||||||
|
<br>Meanwhile, he states a number of those looking to cheat the [sports betting](https://werderbremenfansclub.com/read-blog/14044_for-sports-gambling-to-be-legalised.html) wagering market were well-informed about [sports betting](https://bayer04leverkusenfansclub.com/read-blog/10391_sport-betting-industry-aims-to-protect-itself.html) and sporting people, and about [sports betting](https://www.sportpassionhub.com/read-blog/1462_why-every-cricket-fan-ought-to-try-the-all-cricket-id-gaming-platform.html) operations and the movement of cash.<br>
|
||||||
|
<br>"They look for out the vulnerabilities of these to help in their enterprises."<br>
|
||||||
|
<br>Related internet links<br>
|
||||||
|
<br>World [sports betting](https://wiki.snooze-hotelsoftware.de/index.php?title=Benutzer:EulaliaBlaine) Law Report<br>
|
||||||
|
<br>ICC<br>
|
||||||
|
<br>Professional Players Federation<br>
|
||||||
|
<br>Professional Footballers' Association<br>
|
||||||
|
<br>The FA<br>
|
||||||
|
<br>Betfair<br>
|
||||||
|
<br>Sport & Markt<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||||
|
<br>BLP<br>
|
||||||
|
<br>Gambling Commission<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
Loading…
Reference in New Issue