Sport Betting Industry Looks To Protect Itself

Sport betting market aims to secure itself

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Sport sports betting industry wants to safeguard itself

Register at Bet9ja using the promotion code YOHAIG for a N100,000 welcome bonus

16 September 2010


By Bill Wilson


Business reporter, BBC News


sports betting on sport is huge organization.


Sport England approximates the value of spending on sport-related gambling in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.


Which figure is most likely to have grown further, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summertime.


Meanwhile, German research study firm Sport & Markt approximates the general worldwide gaming market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and sports betting gaming.


But when the integrity of occasions are struck the sports betting market suffers, and profits are put under risk if clients can not wager with self-confidence.


And there can have been couple of higher-profile sport sports betting stories than those impacting cricket and snooker this year.


High-profile


As Sport & Markt's Gareth Moore observes: "Everyone talks about the sports betting gambling market now.


"Not just is it a considerable market in world organization, it is one that is now on the front pages of papers."


Four Pakistan cricketers have been questioned by cops over spot-fixing allegations relating to a test versus England at Lord's last month.


Three of these players have said they will also challenge the corruption charges mounted versus the trio by the sport governing body the International Cricket Council.


Meanwhile, three-times snooker world champion John Higgins was cleared of match-fixing accusations, however was banned recently for 6 months for failing to report the illegal approach to him to toss frames.


There are likewise 2 other continuing investigations - not associated to Mr Higgins - into snooker.


'Honest'


David O'Reilly is legal counsel for Betfair, one of the UK's greatest online sporting exchanges.


"If the sport is perceived as truthful, straight and reasonable that is good for sports betting firms due to the fact that individuals will invest money wagering with confidence," he says.


"If you take the Pakistan allegations, although unrelated to the UK regulated wagering market ... it is not really a positive story for wagering in the UK.


"That is since the perception is that 'cricket is now something we might need to take care about'."


'Education'


So what can be done to avoid future scandals?


According to specialists at a World sports betting Law Report conference into sports betting gambling, the focus has to be on sportsmen and sportswomen.


As Simon Taylor of the Professional Players' Federation explains: "The only people who can fix a match are the rivals or the referee."


His organisation represents guys and females in 15 sports betting in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.


He believes that it is not sufficient to simply have deterrents, sanctions and disciplinary treatments, however that the way to deal with possible problems around gamers is also through education.


Mr Taylor says guidelines need to be discussed plainly to players with clear examples, and by people they respect.


"Through informing gamers about sports betting wagering you reinforce integrity and that remains in everybody's interest," he includes.


"If players are harder to corrupt then sport will be more difficult to corrupt."


'Brand damage'


Matt Johnson, head of regulatory legal suggestions at the Football Association, agrees.


"Prevention is much better than cure, and we likewise make a point of telling gamers 'you are going to be caught'."


"It is necessary that sport is directly, and is seen to be straight," he includes.


"If it loses that then individuals don't wish to bet, that is not in gambling companies' interests, and it is not in our interests."


He stated that when an excellent track record was lost, the damage to a sport was "enormous".


FA rules indicate gamers are not allowed to bank on a competitors in which they are included.


Mr Johnson says players have actually to be seen not to be cashing in on any inside knowledge, which he states could cause "brand damage" to football and its competitions.


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.


"We have to get over to players the reputational danger to the video game," he states. "Once self-confidence has been harmed it is tough to get it back - mud sticks."


'Overwhelmingly legal'


If this represents the "carrot" approach, then perhaps Nick Tofiluk, director of guideline at the Gambling Commission, represents the "stick".


The Gambling Commission was established under the Gambling Act 2005 to regulate business sports betting in Great Britain.


An ex-chief constable of West Midlands cops, Mr Tofiluk has duty for policing all wagering in the UK apart from spread sports betting, which is the remit of the FSA.


"The frustrating majority of sports betting occurring through UK operators is legal and fair," he says.


"But for some there is the temptation to ... corruptly interfere with the outcome of a sporting occasion.


"Such unfaithful has the prospective to weaken the integrity of a sport, and it likewise harms the commercial interests of sports betting bodies and sports betting wagering."


The commission has established an in-house Sports Betting Intelligence Unit to receive and distribute info to sporting authorities, wagering companies and policing authorities.


"Since 2007 we have experienced a significant insight into world of corrupt sports betting wagering," he states.


"We will inform sports betting of our issues, to help avoid or reduce [unlawful] activity"


In May 2010, the commission likewise presented a private telephone hotline for those with info or suspicions.


'Vulnerabilities'


But in a two-and-a-half year duration there has actually been simply one prosecution, a 24-year-old guy who was warned for unfaithful in relation to greyhound racing.


However, Mr Tofiluk states there are still eight ongoing investigations, which much useful information has actually likewise been passed to sports betting authorities.


He said that where an investigation by a sport governing body was quicker, and more cost efficient, then the commission would consider stopping a criminal examination "in favour of letting sports betting governing bodies take the lead".


Meanwhile, he says numerous of those wanting to cheat the sports betting wagering market were well-informed about sports betting and sporting people, and about wagering operations and the motion of cash.


"They seek out the vulnerabilities of these to help in their business."


Related web links


World sports betting Law Report


ICC


Professional Players Federation


Professional Footballers' Association


The FA


Betfair


Sport & Markt


BLP


Gambling Commission

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