Add Sport Betting Industry Looks To Protect Itself
commit
077fecaccf
|
@ -0,0 +1,69 @@
|
||||||
|
<br>Sport wagering industry looks to safeguard itself<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||||
|
<br>16 September 2010<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||||
|
<br>By Bill Wilson<br>
|
||||||
|
<br>Business press reporter, BBC News<br>
|
||||||
|
<br>[sports betting](https://personal.spaces.one/read-blog/3111_the-ins-and-outs-of-betting-on-the-nfl-draft.html) on sport is big business.<br>
|
||||||
|
<br>Sport England estimates the value of costs on sport-related betting in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.<br>
|
||||||
|
<br>Which figure is likely to have actually grown even more, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer season.<br>
|
||||||
|
<br>Meanwhile, German research study company Sport & Markt approximates the general international gambling market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://peoplesmedia.co/read-blog/12446_how-to-play-bet9ja-online.html) gaming.<br>
|
||||||
|
<br>But when the stability of events are struck the gaming industry suffers, and profits are put under hazard if clients can not wager with self-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 speak about the [sports betting](https://iuridictum.pecina.cz/w/U%C5%BEivatel:Eileen11R53565) gambling market now.<br>
|
||||||
|
<br>"Not just is it a substantial market in world company, it is one that is now on the front pages of papers."<br>
|
||||||
|
<br>Four Pakistan cricketers have been questioned by police over spot-fixing allegations connecting to a test against England at Lord's last month.<br>
|
||||||
|
<br>Three of these gamers have stated 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 champion John Higgins was cleared of match-fixing allegations, but was prohibited last week for six months for failing to report the illegal method to him to toss frames.<br>
|
||||||
|
<br>There are likewise 2 other continuing investigations - not associated to Mr Higgins - into snooker.<br>
|
||||||
|
<br>'Honest'<br>
|
||||||
|
<br>David O'Reilly is legal counsel for Betfair, one of the UK's biggest online sporting exchanges.<br>
|
||||||
|
<br>"If the sport is viewed as honest, straight and reasonable that benefits wagering firms due to the fact that individuals will invest money [sports betting](https://online-learning-initiative.org/wiki/index.php/User:MerryCurrie02) with self-confidence," he says.<br>
|
||||||
|
<br>"If you take the Pakistan allegations, although unassociated to the UK regulated wagering industry ... it is not really a positive story for betting in the UK.<br>
|
||||||
|
<br>"That is since the perception is that 'cricket is now something we might have to take care about'."<br>
|
||||||
|
<br>'Education'<br>
|
||||||
|
<br>So what can be done to avoid future scandals?<br>
|
||||||
|
<br>According to experts at a World [sports betting](http://woorichat.com/read-blog/10290_the-ins-and-outs-of-betting-on-the-nfl-draft.html) Law Report conference into [sports betting](https://nexthub.live/read-blog/73_for-sports-gambling-to-be-legalised.html) gambling, the focus has to be on sportsmen and sportswomen.<br>
|
||||||
|
<br>As Simon Taylor of the Professional Players' Federation explains: "The only individuals who can fix a match are the rivals or the referee."<br>
|
||||||
|
<br>His organisation represents men and ladies in 15 [sports betting](https://accc.rcec.sinica.edu.tw/mediawiki/index.php?title=User:JoshTolliver4) 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 procedures, but that the method to deal with possible problems around players is also through education.<br>
|
||||||
|
<br>Mr Taylor states guidelines need to be discussed plainly to gamers with clear examples, and by people they respect.<br>
|
||||||
|
<br>"Through informing players about [sports betting](https://afrocinema.org/read-blog/42598_things-you-need-to-learn-about-rafting-adventures.html) you reinforce integrity which remains in everyone's interest," he adds.<br>
|
||||||
|
<br>"If gamers are harder to corrupt then sport will be harder to corrupt."<br>
|
||||||
|
<br>'Brand damage'<br>
|
||||||
|
<br>Matt Johnson, head of regulatory legal recommendations at the Football Association, concurs.<br>
|
||||||
|
<br>"Prevention is better than treatment, and we also make a point of informing gamers '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 desire to bet, that is not in gaming firms' interests, and it is not in our interests."<br>
|
||||||
|
<br>He stated that when a great credibility was lost, the damage to a sport was "enormous".<br>
|
||||||
|
<br>FA rules suggest gamers are not permitted to wager on a competitors in which they are involved.<br>
|
||||||
|
<br>Mr Johnson states players need to be seen not to be capitalizing any inside knowledge, which he states could cause "brand name damage" to football and its competitors.<br>
|
||||||
|
<br>So, even a Second Division player knocked out of the FA Cup in the fall can not bank on a Manchester United v Chelsea cup last the following spring.<br>
|
||||||
|
<br>"We have to get over to players the reputational danger to the video game," he says. "Once confidence has actually been harmed it is difficult to get it back - mud sticks."<br>
|
||||||
|
<br>'Overwhelmingly legal'<br>
|
||||||
|
<br>If this represents the "carrot" technique, then perhaps Nick Tofiluk, director of regulation at the Gambling Commission, represents the "stick".<br>
|
||||||
|
<br>The Gambling Commission was set up under the Gambling Act 2005 to regulate industrial gaming in Great Britain.<br>
|
||||||
|
<br>An ex-chief constable of West Midlands police, Mr Tofiluk has obligation for policing all in the UK apart from spread [sports betting](https://wiki.armello.com/index.php/User:InezSchoonover), which is the remit of the FSA.<br>
|
||||||
|
<br>"The overwhelming bulk of [sports betting](https://cosplaybook.de/read-blog/6711_online-betting-firms-gamble-on-soccer-mad-nigeria.html) wagering taking place through UK operators is legal and reasonable," he states.<br>
|
||||||
|
<br>"But for some there is the temptation to ... corruptly interfere with the result of a sporting event.<br>
|
||||||
|
<br>"Such cheating has the potential to weaken the stability of a sport, and it also harms the commercial interests of [sports betting](https://18plus.fun/read-blog/11_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) bodies and [sports betting](https://connectingsparks.com/read-blog/25141_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) wagering."<br>
|
||||||
|
<br>The commission has actually developed an internal [Sports Betting](https://sfqatest.sociofans.com/read-blog/640_things-you-need-to-know-about-rafting-adventures.html) Intelligence Unit to get and distribute info to sporting authorities, [sports betting](https://loveyou.az/read-blog/17522_begin-winning-with-pcg-college-football-picks.html) firms and policing authorities.<br>
|
||||||
|
<br>"Since 2007 we have experienced a significant insight into world of corrupt [sports betting](https://sansaadhan.ipistisdemo.com/read-blog/20692_how-to-withdraw-from-bet9ja-8-step-guide-to-cash-in-your-wins.html) wagering," he says.<br>
|
||||||
|
<br>"We will inform [sports betting](https://pipewiki.org/wiki/index.php/User:DorieF13581) of our concerns, to help prevent or curtail [illegal] activity"<br>
|
||||||
|
<br>In May 2010, the commission also presented a personal telephone hotline for those with information or suspicions.<br>
|
||||||
|
<br>'Vulnerabilities'<br>
|
||||||
|
<br>But in a two-and-a-half year period there has actually been just 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 eight continuous examinations, which much useful info has actually also been passed to [sports betting](http://archmageriseswiki.com/index.php/User:TraciKnaggs0) authorities.<br>
|
||||||
|
<br>He stated that where an examination by a sport governing body was quicker, and more expense reliable, then the commission would think about stopping a criminal investigation "in favour of letting [sports betting](http://woorichat.com/read-blog/10229_how-to-play-bet9ja-online.html) governing bodies take the lead".<br>
|
||||||
|
<br>Meanwhile, he says numerous of those aiming to cheat the [sports betting](https://higgledy-piggledy.xyz/index.php/User:Lupita2850) wagering industry were experienced about [sports betting](http://www.seferpanim.com/read-blog/370_online-betting-firms-gamble-on-soccer-mad-nigeria.html) and sporting people, and about wagering operations and the movement of money.<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://dev.fleeped.com/read-blog/84_just-how-much-are-americans-spending-on-sports-betting.html) 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>
|
||||||
|
<br>BLP<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||||
|
<br>Gambling Commission<br>
|
||||||
|
<br>The BBC is not accountable for the content of external websites.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
Loading…
Reference in New Issue