Sport Betting Industry Looks To Protect Itself

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Sport betting market aims to secure itself

Betting on sport is substantial service.

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Sport England approximates the value of spending on sport-related betting in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.


Which figure is likely to have grown further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer season.


Meanwhile, German research study company Sport & Markt estimates the general global gambling market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and sports betting.


But when the stability of events are struck the gambling market suffers, and revenues are put under danger if clients can not wager with confidence.


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


High-profile


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


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


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


Three of these gamers have stated they will likewise challenge the corruption charges mounted 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, but was prohibited last week for 6 months for stopping working to report the unlawful method to him to toss frames.


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


'Honest'


David O'Reilly is legal counsel for Betfair, among the UK's greatest online sporting exchanges.


"If the sport is perceived as honest, straight and reasonable that is great for wagering companies because people will invest money wagering with confidence," he states.


"If you take the Pakistan allegations, although unrelated to the UK controlled wagering market ... it is not really a favorable story for wagering in the UK.


"That is because the perception is that 'cricket is now something we might have to be mindful about'."


'Education'


So what can be done to avoid future scandals?


According to specialists 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 rivals or the referee."


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


He believes that it is insufficient to simply have deterrents, sanctions and disciplinary treatments, but that the method to deal with prospective problems around gamers is also through education.


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


"Through informing players about sports betting you enhance stability and that remains in everybody's interest," he includes.


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


'Brand damage'


Matt Johnson, head of regulative legal recommendations at the Football Association, concurs.

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


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


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


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


FA guidelines imply players are not enabled to bank on a competition in which they are included.


Mr Johnson states gamers need to be seen not to be cashing in on any inside knowledge, which he says could trigger "brand damage" to football and its competitors.


So, even a 2nd Division gamer knocked out of the FA Cup in the autumn can not bank on a Manchester United v Chelsea cup last the following spring.


"We have to overcome to gamers the reputational threat to the video game," he says. "Once self-confidence has actually been damaged it is tough to get it back - mud sticks."


'Overwhelmingly legal'


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


The Gambling Commission was established under the Gambling Act 2005 to regulate commercial betting in Great Britain.


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


"The frustrating majority of sports betting occurring through UK operators is legal and fair," he says.


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


"Such cheating has the possible to undermine the stability of a sport, and it likewise harms the industrial interests of sports betting bodies and sports betting."


The commission has developed an in-house Sports Betting Intelligence Unit to get and share information to sporting authorities, betting companies and policing authorities.


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


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


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


'Vulnerabilities'


But in a two-and-a-half year period there has actually been simply one prosecution, a 24-year-old guy who was warned for unfaithful in relation to greyhound racing.


However, Mr Tofiluk says there are still eight continuous examinations, which much beneficial details has actually likewise been passed to sports authorities.


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

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


"They look for the vulnerabilities of these to help in their business."

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