From 3beda46bb905765afa7cfa1fffcd1d316f4de215 Mon Sep 17 00:00:00 2001 From: nealklinger891 Date: Mon, 30 Dec 2024 18:02:03 +0000 Subject: [PATCH] Add Sport Betting Industry Wants To Protect Itself --- ...etting-Industry-Wants-To-Protect-Itself.md | 69 +++++++++++++++++++ 1 file changed, 69 insertions(+) create mode 100644 Sport-Betting-Industry-Wants-To-Protect-Itself.md diff --git a/Sport-Betting-Industry-Wants-To-Protect-Itself.md b/Sport-Betting-Industry-Wants-To-Protect-Itself.md new file mode 100644 index 0000000..e3a89db --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,69 @@ +
Sport betting industry aims to protect itself
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16 September 2010
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
By Bill Wilson
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Business press reporter, BBC News
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Betting on sport is substantial service.
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Sport England approximates the value of costs on sport-related [sports betting](http://touringtreffen.nl/read-blog/2401_for-sports-gambling-to-be-legalised.html) in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
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Which figure is likely to have grown even more, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summer season.
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Meanwhile, German research study company Sport & Markt approximates the total international gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://jimsusefultools.com/index.php/User:JensGoodsell) gaming.
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But when the stability of events are hit the gambling industry suffers, and profits are put under threat if customers can not wager with self-confidence.
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And there can have been couple of higher-profile sport [sports betting](https://clik.social/read-blog/19086_the-ins-and-outs-of-betting-on-the-nfl-draft.html) stories than those impacting cricket and snooker this year.
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High-profile
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As Sport & Markt's Gareth Moore observes: "Everyone discuss the [sports betting](https://learn.ivlc.com/read-blog/63_missouri-sports-betting-ballot-measure-approved-by-voters.html) market now.
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"Not just is it a considerable market in world service, it is one that is now on the front pages of newspapers."
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Four Pakistan cricketers have actually been questioned by authorities over spot-fixing claims relating to a test versus England at Lord's last month.
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Three of these players have 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 accusations, but was prohibited recently for six months for failing to report the prohibited approach to him to toss frames.
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There are also 2 other continuing examinations - unrelated to Mr Higgins - into snooker.
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'Honest'
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David O'Reilly is legal counsel for Betfair, one of the UK's greatest online sporting exchanges.
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"If the sport is perceived as truthful, straight and fair that benefits wagering companies since individuals will spend money wagering with self-confidence," he says.
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"If you take the Pakistan accusations, although unrelated to the UK managed [sports betting](https://derivsocial.org/read-blog/6410_missouri-sports-betting-ballot-measure-approved-by-voters.html) industry ... it is not truly a favorable story for wagering in the UK.
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"That is because the understanding is that 'cricket is now something we may need to be mindful about'."
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'Education'
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So what can be done to avoid future scandals?
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According to professionals at a World [sports betting](https://forum.webmark.com.tr/index.php?qa=60364&qa_1=online-betting-firms-gamble-on-soccer-mad-nigeria) Law Report conference into [sports betting](https://wiki.vifm.info/index.php/User:MichelineWaterma) gambling, the focus has to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation explains: "The only people who can repair a match are the competitors or the referee."
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His organisation represents males and females in 15 [sports betting](https://chatkc.com/read-blog/445_how-to-attract-users-to-my-fantasy-sports-platform.html) in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.
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He thinks that it is insufficient to merely have deterrents, sanctions and disciplinary procedures, but that the method to tackle possible problems around players is also through education.
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Mr Taylor says guidelines require to be described plainly to players with clear examples, and by individuals they appreciate.
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"Through educating players about [sports betting](https://bigtoc.com/read-blog/8946_things-you-need-to-learn-about-rafting-adventures.html) you enhance integrity and that remains in everybody's interest," he adds.
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"If gamers are harder to corrupt then sport will be harder to corrupt."
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'Brand damage'
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Matt Johnson, head of regulative legal advice at the Football Association, agrees.
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"Prevention is better than remedy, and we likewise make a point of telling gamers 'you are going to be caught'."
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"It is imperative that sport is straight, and is seen to be straight," he adds.
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"If it loses that then people do not want to bet, that is not in gaming firms' interests, and it is not in our interests."
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He stated that as soon as a good reputation was lost, the damage to a sport was "enormous".
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FA rules mean gamers are not permitted to bank on a competitors in which they are involved.
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Mr Johnson says players have to be seen not to be capitalizing any inside knowledge, which he says might trigger "brand name damage" to football and its competitors.
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So, even a Second 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.
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"We have to get over to players the reputational danger to the video game," he states. "Once self-confidence has actually been harmed it is tough to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" technique, then perhaps Nick Tofiluk, director of policy at the Gambling Commission, represents the "stick".
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The Gambling Commission was established under the Gambling Act 2005 to manage commercial [sports betting](https://bbarlock.com/index.php/User:MindyHafner) in Great Britain.
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An ex-chief constable of West Midlands police, Mr Tofiluk has obligation for policing all wagering in the UK apart from spread betting, which is the remit of the FSA.
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"The frustrating majority of [sports betting](https://globalabout.com/read-blog/16997_the-ins-and-outs-of-betting-on-the-nfl-draft.html) taking location through UK operators is legal and fair," he states.
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"But for some there is the temptation to ... corruptly disrupt the outcome of a sporting event.
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"Such cheating has the potential to weaken the integrity of a sport, and it also hurts the industrial interests of [sports betting](https://fishtanklive.wiki/User:LatiaDiederich) bodies and [sports betting](https://iuridictum.pecina.cz/w/U%C5%BEivatel:KashaWillson) ."
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The commission has developed an internal [Sports Betting](https://www.buzzgate.net/read-blog/505_how-to-attract-users-to-my-fantasy-sports-platform.html) Intelligence Unit to get and distribute info to sporting authorities, wagering companies and policing authorities.
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"Since 2007 we have actually experienced a significant insight into world of corrupt [sports betting](https://projectblueberryserver.com/index.php/User:Judy16I61903780)," he says.
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"We will signal [sports betting](https://uptoscreen.com/read-blog/74300_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) of our issues, to assist avoid or reduce [unlawful] activity"
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In May 2010, the commission also introduced a confidential telephone hotline for those with details or suspicions.
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'Vulnerabilities'
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But in a two-and-a-half year period there has been simply one criminal prosecution, a 24-year-old male who was cautioned for cheating in relation to greyhound racing.
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However, Mr Tofiluk states there are still 8 ongoing examinations, which much beneficial info has likewise been passed to [sports betting](https://social.stssconstruction.com/read-blog/20901_for-sports-gambling-to-be-legalised.html) authorities.
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He said that where an investigation by a sport governing body was quicker, and more expense efficient, then the commission would consider discontinuing a criminal investigation "in favour of letting [sports betting](https://wiki.monnaie-libre.fr/wiki/Utilisateur:CorinneWashburn) governing bodies take the lead".
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Meanwhile, he says a number of those seeking to cheat the [sports betting](https://krazzykross.com/read-blog/1496_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) wagering market were educated about [sports betting](https://nexthub.live/read-blog/51_sport-betting-industry-looks-to-protect-itself.html) and sporting individuals, and about [sports betting](https://wiki.asexuality.org/w/index.php?title=User_talk:RachelleCastlebe) operations and the motion of money.
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"They look for the vulnerabilities of these to assist in their business."
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Related web links
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World [sports betting](https://socialsmerch.com/read-blog/10523_the-ins-and-outs-of-betting-on-the-nfl-draft.html) Law Report
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ICC
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Professional Players Federation
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Professional Footballers' Association
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The FA
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Betfair
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Sport & Markt
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BLP
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Gambling Commission
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The BBC is not responsible for the content of external sites.
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