Sport Betting Industry Wants To Protect Itself

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Sport wagering market wants to protect itself

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Sport wagering market seeks to protect 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 business.


Sport England estimates the worth 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 likely to have actually grown further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summertime.

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Meanwhile, German research study company Sport & Markt approximates the total worldwide sports betting market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and sports betting gambling.


But when the integrity of occasions are hit the gaming industry suffers, and profits are put under risk if consumers can not wager with self-confidence.


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


High-profile


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


"Not only is it a significant market in world company, it is one that is now on the front pages of papers."


Four Pakistan cricketers have been questioned by cops over spot-fixing accusations associating with a test versus England at Lord's last month.


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


Meanwhile, three-times snooker world champ John Higgins was cleared of match-fixing allegations, however was prohibited last week for six months for failing to report the illegal 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 perceived as sincere, straight and fair that benefits sports betting firms because individuals will spend cash sports betting with confidence," he says.


"If you take the Pakistan allegations, although unrelated to the UK managed sports betting industry ... it is not really a positive story for sports betting in the UK.


"That is since the perception is that 'cricket is now something we may need to be cautious about'."


'Education'


So what can be done to prevent future scandals?


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


As Simon Taylor of the Professional Players' Federation points out: "The only people who can repair 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 player organisations, such as the Professional Footballers' Association.


He believes that it is inadequate to merely have deterrents, sanctions and disciplinary procedures, but that the way to take on possible problems around players is also through education.


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


"Through informing gamers about sports betting you reinforce integrity which is in everyone's interest," he includes.


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


'Brand damage'


Matt Johnson, head of regulative legal advice at the Football Association, agrees.


"Prevention is better than remedy, and we likewise make a point of informing players 'you are going to be captured'."


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


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

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He stated that once a good credibility was lost, the damage to a sport was "incalculable".


FA guidelines suggest players are not permitted to wager on a competitors in which they are involved.


Mr Johnson states gamers need to be seen not to be capitalizing any inside understanding, which he states might cause "brand name damage" to football and its competitors.


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


"We have to get over to gamers the reputational threat to the video game," he says. "Once confidence has actually been harmed it is hard to get it back - mud sticks."


'Overwhelmingly legal'


If this represents the "carrot" approach, then possibly 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 industrial gaming in Great Britain.


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


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


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


"Such cheating has the prospective to undermine the integrity of a sport, and it also damages the business interests of sports betting bodies and sports betting."


The commission has established an in-house Sports Betting Intelligence Unit to get and disseminate information to sporting authorities, sports betting firms and policing authorities.


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


"We will alert sports betting of our concerns, to help avoid or curtail [prohibited] activity"


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


'Vulnerabilities'


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

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However, Mr Tofiluk says there are still eight ongoing investigations, and that much helpful details has actually also been passed to sports betting authorities.


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


Meanwhile, he states a number of those looking to cheat the sports betting industry were well-informed about sports betting and sporting people, and about wagering operations and the motion of cash.


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


Related internet 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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