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Sport sports betting market looks to safeguard itself
bet9ja.com
16 September 2010
bit.ly
By Bill Wilson
Business press reporter, BBC News
sports betting on sport is big business.
Sport England estimates the worth of spending on sport-related gambling 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 summer.
Meanwhile, German research study company Sport & Markt approximates the general international gambling market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and sports betting gaming.
But when the integrity of occasions are hit the gaming industry suffers, and earnings are put under hazard if customers can not bet with .
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 considerable 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 against 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.
Meanwhile, three-times snooker world champ John Higgins was cleared of match-fixing accusations, however was prohibited last week for six months for failing to report the illegal technique to him to throw frames.
There are likewise two other continuing investigations - unrelated to Mr Higgins - into snooker.
'Honest'
David O'Reilly is legal counsel for Betfair, among the UK's most significant online sporting exchanges.
"If the sport is perceived as truthful, straight and reasonable that is excellent for wagering companies because people will invest money sports betting with confidence," he says.
"If you take the Pakistan accusations, although unassociated to the UK controlled wagering market ... it is not actually a positive story for wagering in the UK.
"That is due to the fact that the perception is that 'cricket is now something we might need to take care about'."
'Education'
So what can be done to prevent future scandals?
According to professionals 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 mentions: "The only individuals who can repair a match are the rivals 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 thinks that it is not enough to simply have deterrents, sanctions and disciplinary procedures, however that the way to tackle prospective problems around gamers is likewise through education.
Mr Taylor says guidelines require to be explained clearly to players with clear examples, and by people they respect.
"Through informing gamers about sports betting wagering you strengthen stability and that remains in everyone's interest," he adds.
"If players are harder to corrupt then sport will be harder to corrupt."
'Brand damage'
Matt Johnson, head of regulative legal suggestions at the Football Association, concurs.
"Prevention is better than cure, and we also make a point of telling players 'you are going to be caught'."
"It is essential that sport is directly, and is seen to be straight," he includes.
"If it loses that then individuals do not wish to wager, that is not in gambling firms' interests, and it is not in our interests."
He stated that once a great reputation was lost, the damage to a sport was "incalculable".
FA rules suggest gamers are not allowed to bank on a competition in which they are included.
Mr Johnson says gamers need to be seen not to be cashing in on any inside knowledge, which he states might cause "brand damage" to football and its competitions.
So, even a 2nd Division player knocked out of the FA Cup in the fall can not bet on a Manchester United v Chelsea cup final the following spring.
"We need to get over to players the reputational threat to the video game," he states. "Once self-confidence has actually been damaged it is tough to get it back - mud sticks."
'Overwhelmingly legal'
If this represents the "carrot" approach, then possibly Nick Tofiluk, director of policy at the Gambling Commission, represents the "stick".
The Gambling Commission was established under the Gambling Act 2005 to manage industrial gaming in Great Britain.
An ex-chief constable of West Midlands cops, Mr Tofiluk has responsibility for policing all sports betting in the UK apart from spread sports betting, which is the remit of the FSA.
"The frustrating bulk of sports betting taking location through UK operators is legal and fair," 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 weaken the integrity of a sport, and it also harms the business interests of sports betting bodies and sports betting."
The commission has developed an internal Sports Betting Intelligence Unit to receive and disseminate information to sporting authorities, sports betting companies and policing authorities.
"Since 2007 we have actually experienced a significant insight into world of corrupt sports betting," he states.
"We will signal sports betting of our concerns, to assist prevent or curtail [prohibited] activity"
In May 2010, the commission likewise introduced a private telephone hotline for those with info or suspicions.
'Vulnerabilities'
But in a two-and-a-half year duration there has actually been just one prosecution, a 24-year-old man who was warned for unfaithful in relation to greyhound racing.
However, Mr Tofiluk says there are still eight continuous investigations, which much helpful info has likewise been passed to sports betting authorities.
He stated that where an examination by a sport governing body was quicker, and more cost effective, then the commission would think about ceasing a criminal investigation "in favour of letting sports betting governing bodies take the lead".
Meanwhile, he says a lot of those looking to cheat the sports betting wagering industry were knowledgeable about sports betting and sporting people, and about sports betting operations and the motion of money.
"They look for out the vulnerabilities of these to assist in their business."
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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