commit
1e3e651e35
1 changed files with 68 additions and 0 deletions
@ -0,0 +1,68 @@ |
|||
<br>Sport wagering market aims to protect itself<br> |
|||
<br>16 September 2010<br> |
|||
<br>By Bill Wilson<br> |
|||
<br>Business reporter, BBC News<br> |
|||
<br>[sports betting](https://www.heesah.com/read-blog/2284_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) on sport is huge business.<br> |
|||
<br>Sport England estimates the value of costs on sport-related [sports betting](https://hcsxy2024.com/read-blog/2035_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.<br> |
|||
<br>And that figure is likely to have grown further, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summertime.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) |
|||
<br>Meanwhile, German research study firm Sport & Markt approximates the overall international gambling market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://ozgurtasdemir.net/read-blog/535_the-ins-and-outs-of-betting-on-the-nfl-draft.html) gambling.<br> |
|||
<br>But when the integrity of occasions are hit the gaming market suffers, and profits are put under hazard if customers can not bet with confidence.<br> |
|||
<br>And there can have been couple of higher-profile sport betting stories than those impacting cricket and snooker this year.<br> |
|||
<br>High-profile<br> |
|||
<br>As Sport & Markt's Gareth Moore observes: "Everyone talks about the [sports betting](https://social.vetmil.com.br/read-blog/15510_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) gambling market now.<br> |
|||
<br>"Not just is it a significant market in world organization, it is one that is now on the front pages of newspapers."<br> |
|||
<br>Four Pakistan cricketers have actually been questioned by authorities over spot-fixing allegations connecting to a test versus England at Lord's last month.<br> |
|||
<br>Three of these players have stated they will likewise challenge the corruption charges installed 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 banned last week for 6 months for stopping working to report the illegal technique to him to throw frames.<br> |
|||
<br>There are likewise two other continuing investigations - not associated to Mr Higgins - into snooker.<br> |
|||
<br>'Honest'<br> |
|||
<br>David O'Reilly is legal counsel for Betfair, among the UK's biggest online sporting exchanges.<br> |
|||
<br>"If the sport is viewed as truthful, straight and fair that is great for wagering companies because individuals will spend cash betting with confidence," he states.<br> |
|||
<br>"If you take the Pakistan allegations, although unassociated to the UK regulated betting market ... it is not actually a positive story for wagering in the UK.<br> |
|||
<br>"That is because the understanding is that 'cricket is now something we may need to be careful about'."<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) |
|||
<br>'Education'<br> |
|||
<br>So what can be done to prevent future scandals?<br> |
|||
<br>According to experts at a World [sports betting](https://heatwave.app/read-blog/539_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) Law into [sports betting](https://systemcheck-wiki.de/index.php?title=Benutzer:MerryMoen4) gambling, the focus needs to be on sportsmen and sportswomen.<br> |
|||
<br>As Simon Taylor of the Professional Players' Federation mentions: "The only people who can repair a match are the rivals or the referee."<br> |
|||
<br>His organisation represents males and ladies in 15 [sports betting](https://www.heesah.com/read-blog/2209_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.<br> |
|||
<br>He thinks that it is inadequate to simply have deterrents, sanctions and disciplinary treatments, however that the way to tackle potential issues around gamers is likewise through education.<br> |
|||
<br>Mr Taylor says guidelines require to be described clearly to players with clear examples, and by individuals they appreciate.<br> |
|||
<br>"Through educating gamers about [sports betting](https://mixup.wiki/index.php/User:CyrilGustafson0) you enhance integrity and that is in everyone's interest," he includes.<br> |
|||
<br>"If gamers are more difficult to corrupt then sport will be harder to corrupt."<br> |
|||
<br>'Brand damage'<br> |
|||
<br>Matt Johnson, head of regulative legal guidance at the Football Association, agrees.<br> |
|||
<br>"Prevention is much better than cure, and we likewise make a point of telling players 'you are going to be captured'."<br> |
|||
<br>"It is imperative that sport is directly, and is seen to be straight," he includes.<br> |
|||
<br>"If it loses that then individuals do not want to bet, that is not in [sports betting](https://ozgurtasdemir.net/read-blog/535_the-ins-and-outs-of-betting-on-the-nfl-draft.html) companies' interests, and it is not in our interests."<br> |
|||
<br>He said that as soon as an excellent credibility was lost, the damage to a sport was "enormous".<br> |
|||
<br>FA guidelines mean gamers are not allowed to wager on a competitors in which they are involved.<br> |
|||
<br>Mr Johnson states players have to be seen not to be capitalizing any inside understanding, which he states might cause "brand damage" to football and its competitors.<br> |
|||
<br>So, even a Second Division gamer knocked out of the FA Cup in the fall can not bet on a Manchester United v Chelsea cup final the following spring.<br> |
|||
<br>"We have to get over to players the reputational danger to the game," he says. "Once confidence has been harmed it is hard to get it back - mud sticks."<br> |
|||
<br>'Overwhelmingly legal'<br> |
|||
<br>If this represents the "carrot" method, then perhaps Nick Tofiluk, director of policy at the Gambling Commission, represents the "stick".<br> |
|||
<br>The Gambling Commission was set up under the Gambling Act 2005 to regulate business [sports betting](https://social.vetmil.com.br/read-blog/15461_things-you-need-to-know-about-rafting-adventures.html) in Great Britain.<br> |
|||
<br>An ex-chief constable of West Midlands police, Mr Tofiluk has obligation for policing all betting in the UK apart from spread betting, which is the remit of the FSA.<br> |
|||
<br>"The overwhelming bulk of [sports betting](https://www.tobeop.com/the-ins-and-outs-of-betting-on-the-nfl-draft-2/) wagering taking location through UK operators is legal and reasonable," he states.<br> |
|||
<br>"But for some there is the temptation to ... corruptly interfere with the outcome of a sporting occasion.<br> |
|||
<br>"Such cheating has the potential to weaken the integrity of a sport, and it likewise hurts the business interests of [sports betting](http://chillibell.com/read-blog/478_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) bodies and [sports betting](https://superappsocial.com/read-blog/1536_the-ins-and-outs-of-betting-on-the-nfl-draft.html) wagering."<br> |
|||
<br>The commission has actually established an in-house [Sports Betting](https://www.jaitun.com/read-blog/15179_the-ins-and-outs-of-betting-on-the-nfl-draft.html) Intelligence Unit to get and share information to sporting authorities, wagering companies and policing authorities.<br> |
|||
<br>"Since 2007 we have actually experienced a significant insight into world of corrupt [sports betting](https://origintraffic.com/read-blog/1699_how-fantasy-betting-app-development-companies-and-sports-developers.html)," he states.<br> |
|||
<br>"We will signal [sports betting](https://www.tobeop.com/tennessee-sports-betting-top-4-legal-betting-sites-in-2024/) of our concerns, to help prevent or reduce [unlawful] activity"<br> |
|||
<br>In May 2010, the commission also presented a personal telephone hotline for those with info or suspicions.<br> |
|||
<br>'Vulnerabilities'<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) |
|||
<br>But in a two-and-a-half year period there has been just one criminal prosecution, a 24-year-old guy who was cautioned for cheating in relation to greyhound racing.<br> |
|||
<br>However, Mr Tofiluk says there are still eight continuous examinations, which much beneficial info has likewise been passed to [sports betting](https://redmonde.es/read-blog/185_for-sports-gambling-to-be-legalised.html) authorities.<br> |
|||
<br>He stated that where an examination by a sport governing body was quicker, and more expense efficient, then the commission would think about discontinuing a criminal investigation "in favour of letting [sports betting](https://twoplustwoequal.com/read-blog/58999_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) governing bodies take the lead".<br> |
|||
<br>Meanwhile, he says much of those aiming to cheat the [sports betting](https://drapia.org/11-WIKI/index.php/User:JulioAmmons388) market were knowledgeable about [sports betting](https://heatwave.app/read-blog/389_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) and sporting individuals, and about [sports betting](https://trackrecord.id/read-blog/1983_things-you-need-to-know-about-rafting-adventures.html) operations and the movement of money.<br> |
|||
<br>"They look for the vulnerabilities of these to assist in their business."<br> |
|||
<br>Related internet links<br> |
|||
<br>World [sports betting](https://wiki.asexuality.org/w/index.php?title=User_talk:BlancheMonahan6) 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> |
|||
<br>Gambling Commission<br> |
|||
Loading…
Reference in new issue