Sport Betting Industry Aims To Protect Itself

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Sport wagering industry looks to secure itself

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Sport wagering market seeks to secure itself

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

16 September 2010

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By Bill Wilson


Business press reporter, BBC News


sports betting on sport is substantial company.


Sport England estimates 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 further, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summertime.


Meanwhile, German research firm Sport & Markt approximates the overall global gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and sports betting.


But when the stability of occasions are hit the gambling market suffers, and revenues are put under hazard if clients can not wager with confidence.


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


High-profile


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


"Not only is it a considerable market in world service, it is one that is now on the front pages of newspapers."


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


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

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Meanwhile, three-times snooker world champ John Higgins was cleared of match-fixing allegations, but was prohibited last week for six months for stopping working to report the unlawful method to him to throw frames.


There are likewise two other continuing examinations - unrelated to Mr Higgins - into snooker.


'Honest'


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


"If the sport is viewed as honest, straight and fair that is excellent for wagering firms due to the fact that people will spend money sports betting with self-confidence," he says.


"If you take the Pakistan claims, although unassociated to the UK regulated wagering industry ... it is not really a favorable story for sports betting 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 experts at a World sports betting Law Report conference into sports betting gambling, the focus needs to be on sportsmen and sportswomen.


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


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


He believes that it is inadequate to simply have deterrents, sanctions and disciplinary procedures, however that the method to deal with possible issues around gamers is also through education.


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


"Through educating gamers about sports betting wagering you reinforce integrity and that remains in everyone's interest," he adds.


"If gamers are more difficult 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 captured'."


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


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


He said that when an excellent credibility was lost, the damage to a sport was "enormous".


FA rules suggest players are not enabled to bank on a competitors in which they are involved.


Mr Johnson says gamers need to be seen not to be capitalizing any inside understanding, which he states could cause "brand name 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 final the following spring.


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


'Overwhelmingly legal'


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


The Gambling Commission was set up under the Gambling Act 2005 to regulate commercial gambling 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 sports betting, which is the remit of the FSA.


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


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


"Such cheating has the possible to weaken the integrity of a sport, and it likewise damages the business interests of sports betting bodies and sports betting wagering."


The commission has developed an internal Sports Betting Intelligence Unit to receive and share information to sporting authorities, wagering companies and policing authorities.


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


"We will alert sports betting of our issues, to assist prevent or curtail [unlawful] activity"


In May 2010, the commission also introduced 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 criminal prosecution, a 24-year-old guy who was warned for cheating in relation to greyhound racing.


However, Mr Tofiluk states there are still 8 ongoing examinations, which much helpful information has likewise been passed to sports betting authorities.


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


Meanwhile, he says a lot of those seeking to cheat the sports betting market were well-informed about sports betting and sporting individuals, and about wagering operations and the motion of money.


"They look for 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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