Sport Betting Industry Seeks To Protect Itself

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Sport wagering industry seeks to protect itself

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Sport wagering market aims to protect itself


16 September 2010


By Bill Wilson


Business reporter, BBC News


sports betting on sport is huge business.


Sport England approximates the worth of costs on sport-related sports betting 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 even more, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summertime.


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


But when the stability of events are struck the sports betting market suffers, and earnings are put under hazard if customers can not wager with confidence.


And there can have been few higher-profile sport sports 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 considerable market in world business, it is one that is now on the front pages of newspapers."


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


Three of these gamers have said they will likewise challenge the corruption charges installed against the trio by the sport governing body the International Cricket Council.


Meanwhile, three-times snooker world champ John Higgins was cleared of match-fixing claims, however was prohibited recently for six months for failing to report the prohibited technique to him to throw frames.


There are likewise 2 other continuing investigations - not related 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 viewed as sincere, straight and reasonable that is good for wagering firms since people will spend cash sports betting with self-confidence," he says.


"If you take the Pakistan allegations, although unassociated to the UK managed wagering industry ... it is not truly a favorable story for wagering in the UK.


"That is due to the fact that the understanding is that 'cricket is now something we might have to beware about'."


'Education'


So what can be done to avoid future scandals?


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


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


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


He thinks that it is inadequate to simply have deterrents, sanctions and disciplinary procedures, but that the way to tackle possible concerns around gamers is also through education.


Mr Taylor states guidelines need to be explained clearly to players with clear examples, and by individuals they appreciate.


"Through educating players about sports betting you enhance stability which remains in everyone'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 guidance 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 vital that sport is straight, and is seen to be straight," he includes.


"If it loses that then individuals do not want to bet, that is not in gaming companies' interests, and it is not in our interests."


He said that once an excellent track record was lost, the damage to a sport was "incalculable".


FA rules suggest gamers are not permitted to bank on a competition 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 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.


"We have to overcome to gamers the reputational risk to the 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" method, then perhaps Nick Tofiluk, director of guideline at the Gambling Commission, represents the "stick".


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


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.


"The frustrating bulk of sports betting taking place through UK operators is legal and reasonable," he states.


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


"Such unfaithful has the possible to weaken the stability of a sport, and it also harms the industrial interests of sports betting bodies and sports betting wagering."


The commission has actually established an internal Sports Betting Intelligence Unit to get and share details to sporting authorities, sports betting firms and policing authorities.


"Since 2007 we have actually experienced a considerable insight into world of corrupt sports betting wagering," he says.


"We will notify sports betting of our issues, to assist avoid or cut [illegal] activity"

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


'Vulnerabilities'


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


However, Mr Tofiluk states there are still 8 continuous investigations, and that much beneficial info has actually likewise been passed to sports betting authorities.


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


Meanwhile, he states numerous of those wanting to cheat the sports betting market were experienced about sports betting and sporting people, and about wagering operations and the movement of cash.


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


Related internet links


World sports betting Law Report


ICC


Professional Players Federation


Professional Footballers' Association


The FA


Betfair


Sport & Markt

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BLP


Gambling Commission

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