Sport Betting Industry Seeks To Protect Itself

نظرات · 242 بازدیدها

Sport wagering industry aims to protect itself

Betting on sport is huge company.


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


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


Meanwhile, German research study company Sport & Markt estimates the total global gambling market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and sports betting gaming.


But when the stability of events are hit the gaming industry suffers, and earnings are put under hazard if consumers can not wager with confidence.


And there can have been few higher-profile sport betting stories than those affecting 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 significant market in world business, it is one that is now on the front pages of papers."


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


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


Meanwhile, three-times snooker world champion John Higgins was cleared of match-fixing claims, but was prohibited last week for six months for failing to report the illegal technique to him to toss frames.


There are also two other continuing investigations - not associated to Mr Higgins - into snooker.


'Honest'


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


"If the sport is perceived as truthful, straight and reasonable that is excellent for wagering companies due to the fact that individuals will spend cash wagering with confidence," he states.


"If you take the Pakistan claims, although unassociated to the UK regulated betting market ... it is not truly a positive story for wagering in the UK.


"That is since the understanding is that 'cricket is now something we may have to be careful about'."


'Education'


So what can be done to prevent future scandals?


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


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


His organisation represents guys and ladies 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 enough to merely have deterrents, sanctions and disciplinary procedures, but that the method to tackle possible issues around players is also through education.


Mr Taylor states guidelines need to be discussed plainly to gamers with clear examples, and by individuals they respect.


"Through educating players about sports wagering you reinforce stability which is in everybody's interest," he includes.


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


'Brand damage'


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


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


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

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

"If it loses that then individuals don't desire to wager, that is not in betting companies' interests, and it is not in our interests."


He stated that when a good track record was lost, the damage to a sport was "incalculable".


FA guidelines indicate players are not permitted to bank on a competitors in which they are included.


Mr Johnson states players need to be seen not to be cashing in on any inside understanding, which he states might cause "brand damage" to football and its competitions.


So, even a Second Division gamer knocked out of the FA Cup in the fall can not bank on a Manchester United v Chelsea cup final the following spring.


"We need to overcome to players the reputational danger to the game," he states. "Once self-confidence has actually been harmed it is hard to get it back - mud sticks."


'Overwhelmingly legal'

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

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


The Gambling Commission was set up under the Gambling Act 2005 to manage commercial betting in Great Britain.


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


"The overwhelming majority of sports betting occurring through UK operators is legal and reasonable," he states.


"But for some there is the temptation to ... corruptly disrupt the result of a sporting occasion.


"Such unfaithful has the potential to undermine the integrity of a sport, and it also harms the industrial interests of sports bodies and sports betting."


The commission has developed an internal Sports Betting Intelligence Unit to get and disseminate details to sporting authorities, betting companies and policing authorities.


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


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


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

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

'Vulnerabilities'


But in a two-and-a-half year duration there has been just one criminal prosecution, a 24-year-old man who was warned for cheating in relation to greyhound racing.


However, Mr Tofiluk states there are still 8 continuous investigations, which much beneficial details has also been passed to sports betting authorities.


He said that where an examination 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 much of those looking to cheat the sports betting wagering market were well-informed about sports betting and sporting people, and about betting operations and the movement of money.


"They look for out the vulnerabilities of these to assist in their business."

نظرات