Add Sport Betting Industry Aims To Protect Itself
commit
b019064150
|
@ -0,0 +1,54 @@
|
|||
<br>Betting on sport is huge business.<br>
|
||||
<br>Sport England estimates the value 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 likely to have actually grown further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer season.<br>
|
||||
<br>Meanwhile, German research study firm Sport & Markt approximates the total global gambling market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](http://www.todak.co.kr/bbs/board.php?bo_table=free&wr_id=89522).<br>
|
||||
<br>But when the stability of events are struck the betting industry suffers, and earnings are put under threat if customers can not bet with confidence.<br>
|
||||
<br>And there can have been couple of higher-profile sport wagering stories than those affecting cricket and snooker this year.<br>
|
||||
<br>High-profile<br>
|
||||
<br>As Sport & Markt's Gareth Moore observes: "Everyone discuss the [sports betting](https://linked.aub.edu.lb/collab/index.php/Sport_Betting_Industry_Seeks_To_Protect_Itself) market now.<br>
|
||||
<br>"Not only is it a significant market in world business, it is one that is now on the front pages of newspapers."<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||
<br>Four Pakistan cricketers have actually been questioned by cops over spot-fixing accusations connecting to a test against England at Lord's last month.<br>
|
||||
<br>Three of these players have stated they will also challenge the corruption charges mounted against the trio by the sport governing body the International Cricket Council.<br>
|
||||
<br>Meanwhile, three-times snooker world champion John Higgins was cleared of match-fixing accusations, but was banned last week for 6 months for failing to report the unlawful technique to him to throw frames.<br>
|
||||
<br>There are likewise two other continuing examinations - unrelated to Mr Higgins - into snooker.<br>
|
||||
<br>'Honest'<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||
<br>David O'Reilly is legal counsel for Betfair, one of the UK's biggest online sporting exchanges.<br>
|
||||
<br>"If the sport is perceived as truthful, straight and reasonable that is excellent for betting firms since individuals will spend cash betting with confidence," he states.<br>
|
||||
<br>"If you take the Pakistan accusations, although unassociated to the UK controlled betting industry ... it is not really a favorable story for wagering in the UK.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
|
||||
<br>"That is due to the fact that the perception is that 'cricket is now something we might have to be careful about'."<br>
|
||||
<br>'Education'<br>
|
||||
<br>So what can be done to prevent future scandals?<br>
|
||||
<br>According to experts at a World Sports Law Report conference into [sports betting](https://3rrend.com/read-blog/12283_recent-massachusetts-sports-betting-proposal-features-substantial-tax-hike-and-p.html), the focus has to be on sportspersons and sportswomen.<br>
|
||||
<br>As Simon Taylor of the Professional Players' Federation explains: "The only people who can repair a match are the competitors or the referee."<br>
|
||||
<br>His organisation represents males and females in 15 sports in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.<br>
|
||||
<br>He thinks that it is insufficient to simply have deterrents, sanctions and disciplinary treatments, however that the way to tackle prospective problems around players is likewise through education.<br>
|
||||
<br>Mr Taylor says rules need to be explained plainly to players with clear examples, and by individuals they appreciate.<br>
|
||||
<br>"Through informing players about [sports betting](https://disgaeawiki.info/index.php/User:WaylonSeptimus9) you reinforce stability and that is in everyone's interest," he includes.<br>
|
||||
<br>"If players are harder to corrupt then sport will be more difficult to corrupt."<br>
|
||||
<br>'Brand damage'<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
|
||||
<br>Matt Johnson, head of regulative legal suggestions at the Football Association, concurs.<br>
|
||||
<br>"Prevention is much better than treatment, and we also make a point of informing gamers 'you are going to be caught'."<br>
|
||||
<br>"It is vital that sport is directly, and is seen to be straight," he adds.<br>
|
||||
<br>"If it loses that then individuals don't want to bet, that is not in gambling firms' interests, and it is not in our interests."<br>
|
||||
<br>He said that when a good reputation was lost, the damage to a sport was "enormous".<br>
|
||||
<br>FA rules imply gamers are not permitted to bank on a competitors in which they are included.<br>
|
||||
<br>Mr Johnson states players need to be seen not to be cashing in on any inside knowledge, which he says might trigger "brand name damage" to football and its competitions.<br>
|
||||
<br>So, even a 2nd Division gamer knocked out of the FA Cup in the autumn can not bet on a Manchester United v Chelsea cup last the following spring.<br>
|
||||
<br>"We have to overcome to players the reputational risk to the game," he states. "Once self-confidence has actually been damaged it is tough to get it back - mud sticks."<br>
|
||||
<br>'Overwhelmingly legal'<br>
|
||||
<br>If this represents the "carrot" technique, then maybe Nick Tofiluk, director of policy at the Gambling Commission, represents the "stick".<br>
|
||||
<br>The Gambling Commission was established under the Gambling Act 2005 to manage commercial gambling in Great Britain.<br>
|
||||
<br>An ex-chief constable of West Midlands police, 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 overwhelming majority of [sports betting](https://iraqians.com/index.php/blog/123020/cover-the-bases-sports-betting-news-and-notes-from-the-past-week/) wagering taking place through UK operators is legal and reasonable," he says.<br>
|
||||
<br>"But for some there is the temptation to ... corruptly disrupt the result of a sporting occasion.<br>
|
||||
<br>"Such unfaithful has the potential to undermine the integrity of a sport, and it also hurts the commercial interests of sports bodies and sports wagering."<br>
|
||||
<br>The commission has developed an internal [Sports Betting](https://xellaz.com/read-blog/77_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) Intelligence Unit to get and distribute details to sporting authorities, wagering companies and policing authorities.<br>
|
||||
<br>"Since 2007 we have actually experienced a considerable insight into world of corrupt sports wagering," he states.<br>
|
||||
<br>"We will alert sports of our issues, to help avoid or cut [unlawful] activity"<br>
|
||||
<br>In May 2010, the commission likewise introduced 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 been simply one prosecution, a 24-year-old man who was cautioned for unfaithful in relation to greyhound racing.<br>
|
||||
<br>However, Mr Tofiluk states there are still 8 ongoing investigations, which much useful details has also been passed to [sports betting](https://socialcoin.online/read-blog/2440_sport-betting-industry-wants-to-protect-itself.html) authorities.<br>
|
||||
<br>He said that where an investigation by a sport governing body was quicker, and more expense effective, then the commission would think about ceasing a criminal investigation "in favour of letting sports governing bodies take the lead".<br>
|
||||
<br>Meanwhile, he says a number of those looking to cheat the [sports betting](https://sameday.iiime.net/read-blog/1956_new-ma-sports-betting-bill-contains-substantial-tax-hike-amp-restriction-on-live.html) market were experienced about sports and sporting individuals, and about wagering operations and the movement of cash.<br>
|
||||
<br>"They look for the vulnerabilities of these to help in their business."<br>
|
Loading…
Reference in New Issue