Add Sport Betting Industry Seeks To Protect Itself
commit
9f0eacd303
54
Sport-Betting-Industry-Seeks-To-Protect-Itself.md
Normal file
54
Sport-Betting-Industry-Seeks-To-Protect-Itself.md
Normal file
|
@ -0,0 +1,54 @@
|
|||
<br>Betting on sport is substantial business.<br>
|
||||
<br>Sport England estimates the worth of spending on sport-related betting 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 actually grown further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summertime.<br>
|
||||
<br>Meanwhile, German research study company Sport & Markt approximates the overall global gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and sports gambling.<br>
|
||||
<br>But when the integrity of events are hit the gambling market suffers, and profits are put under risk if consumers can not bet with self-confidence.<br>
|
||||
<br>And there can have been few higher-profile sport betting stories than those impacting cricket and snooker this year.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||
<br>High-profile<br>
|
||||
<br>As Sport & Markt's Gareth Moore observes: "Everyone talks about the sports gambling market now.<br>
|
||||
<br>"Not only is it a significant market in world service, 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 associating with 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 versus 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 claims, but was banned last week for 6 months for failing to report the illegal method to him to toss frames.<br>
|
||||
<br>There are likewise 2 other continuing examinations - not related 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 perceived as honest, straight and fair that benefits betting firms since people will spend money betting with self-confidence," he says.<br>
|
||||
<br>"If you take the Pakistan claims, although unassociated to the UK controlled betting market ... it is not truly 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 avoid future scandals?<br>
|
||||
<br>According to specialists at a World Sports Law Report conference into sports gambling, the focus has to be on sportsmen and sportswomen.<br>
|
||||
<br>As Simon Taylor of the Professional Players' Federation explains: "The only people who can fix a match are the rivals or the referee."<br>
|
||||
<br>His organisation represents men and women in 15 [sports betting](https://boonbac.com/read-blog/3938_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.<br>
|
||||
<br>He thinks that it is not adequate to simply have deterrents, sanctions and disciplinary treatments, however that the way to take on potential concerns around gamers is also through education.<br>
|
||||
<br>Mr Taylor states guidelines require to be explained plainly to gamers with clear examples, and by people they respect.<br>
|
||||
<br>"Through informing gamers about [sports betting](https://pipewiki.org/wiki/index.php/New_MA_Sports_Betting_Legislation_Includes_Significant_Tax_Increase_And_Ban_On_In-Play_Betting) wagering you strengthen stability and that is in everyone's interest," he adds.<br>
|
||||
<br>"If players are more difficult to corrupt then sport will be harder to corrupt."<br>
|
||||
<br>'Brand damage'<br>
|
||||
<br>Matt Johnson, head of regulative legal guidance at the Football Association, concurs.<br>
|
||||
<br>"Prevention is much better than treatment, and we likewise make a point of telling players 'you are going to be captured'."<br>
|
||||
<br>"It is essential that sport is directly, and is seen to be directly," he adds.<br>
|
||||
<br>"If it loses that then individuals don't want to wager, that is not in gambling companies' interests, and it is not in our interests."<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
|
||||
<br>He said that once a good credibility was lost, the damage to a sport was "enormous".<br>
|
||||
<br>FA guidelines mean players are not allowed to wager on a competition in which they are included.<br>
|
||||
<br>Mr Johnson says players have to be seen not to be capitalizing any inside knowledge, which he states might cause "brand damage" to football and its competitions.<br>
|
||||
<br>So, even a Second Division gamer knocked out of the FA Cup in the autumn can not bank on a Manchester United v Chelsea cup final the following spring.<br>
|
||||
<br>"We need to get over to players the reputational threat to the video game," he says. "Once confidence has been damaged it is hard to get it back - mud sticks."<br>
|
||||
<br>'Overwhelmingly legal'<br>
|
||||
<br>If this represents the "carrot" technique, then possibly Nick Tofiluk, director of regulation at the Gambling Commission, represents the "stick".<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||
<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 authorities, Mr Tofiluk has responsibility for policing all betting in the UK apart from spread wagering, which is the remit of the FSA.<br>
|
||||
<br>"The frustrating bulk of [sports betting](http://jeonhyunsoo.com/bbs/board.php?bo_table=free&wr_id=746023) happening through UK operators is legal and reasonable," he says.<br>
|
||||
<br>"But for some there is the temptation to ... corruptly hinder the result of a sporting occasion.<br>
|
||||
<br>"Such cheating has the prospective to weaken the integrity of a sport, and it also harms the business interests of sports bodies and [sports betting](https://naijamatta.com/read-blog/52303_cover-the-bases-sports-betting-news-and-notes-from-the-past-week.html)."<br>
|
||||
<br>The commission has actually established an internal [Sports Betting](https://globalabout.com/read-blog/19822_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) Intelligence Unit to get and share information to sporting authorities, betting companies and policing authorities.<br>
|
||||
<br>"Since 2007 we have actually experienced a significant insight into world of corrupt [sports betting](https://chateando.net/read-blog/2039_sport-betting-industry-aims-to-protect-itself.html) wagering," he says.<br>
|
||||
<br>"We will alert [sports betting](https://humped.life/read-blog/7475_sport-betting-industry-looks-to-protect-itself.html) of our concerns, to assist prevent or cut [illegal] activity"<br>
|
||||
<br>In May 2010, the commission also presented a private telephone hotline for those with information or suspicions.<br>
|
||||
<br>'Vulnerabilities'<br>
|
||||
<br>But in a two-and-a-half year duration there has actually been just one prosecution, a 24-year-old guy who was cautioned for unfaithful in relation to greyhound racing.<br>
|
||||
<br>However, Mr Tofiluk states there are still 8 continuous investigations, which much beneficial information has also been passed to sports authorities.<br>
|
||||
<br>He stated that where an examination by a sport governing body was quicker, and more expense reliable, then the commission would consider stopping a criminal investigation "in favour of letting sports governing bodies take the lead".<br>
|
||||
<br>Meanwhile, he says a number of those seeking to cheat the sports wagering market were educated about sports and sporting people, and about betting operations and the motion of money.<br>
|
||||
<br>"They look for the vulnerabilities of these to assist in their business."<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
|
Loading…
Reference in New Issue
Block a user