Sport Betting Industry Aims To Protect Itself

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Sport Betting Industry Aims To Protect Itself

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Sport Betting Industry Aims To Protect Itself

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Betting on sport is substantial business.

Sport England estimates the value of costs 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 estimated ₤ 1bn bet on the World Cup alone in the UK this summer season.

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

But when the integrity of events are hit the betting market suffers, and revenues are put under danger if clients can not wager with self-confidence.

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

High-profile

As Sport & Markt’s Gareth Moore observes: “Everyone talks about the sports gambling market now.

“Not just is it a significant market in world business, it is one that is now on the front pages of papers.”

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Four Pakistan cricketers have been questioned by cops over spot-fixing accusations relating to a test against England at Lord’s last month.

Three of these players have said they will also challenge the corruption charges mounted against the trio by the sport governing body the International Cricket Council.

Meanwhile, three-times snooker world champion John Higgins was cleared of match-fixing claims, however was banned recently for 6 months for failing to report the unlawful technique to him to toss frames.

There are also two other continuing investigations – unrelated to Mr Higgins – into snooker.

‘Honest’

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

“If the sport is viewed as honest, straight and reasonable that benefits wagering firms since individuals will invest cash betting with confidence,” he states.

“If you take the Pakistan claims, although unassociated to the UK managed betting market … it is not really a positive story for betting in the UK.

“That is because the understanding is that ‘cricket is now something we may have to beware 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 fix 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 believes that it is not sufficient to merely have deterrents, sanctions and disciplinary procedures, however that the way to tackle prospective concerns around players is also through education.

Mr Taylor says guidelines require to be described clearly to players with clear examples, and by individuals they respect.

“Through informing gamers 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 harder to corrupt.”

‘Brand damage’

Matt Johnson, head of regulatory legal advice at the Football Association, concurs.

“Prevention is better than treatment, and we also make a point of informing players ‘you are going to be caught’.”

“It is imperative that sport is directly, and is seen to be directly,” he includes.

“If it loses that then individuals do not desire to wager, that is not in betting companies’ interests, and it is not in our interests.”

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

FA guidelines mean players are not enabled to bet on a competition in which they are involved.

Mr Johnson says gamers have to be seen not to be cashing in on any inside understanding, which he says might trigger “brand damage” to football and its competitions.

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.

“We have to overcome to players the reputational threat to the video game,” he states. “Once self-confidence has been damaged it is tough to get it back – mud sticks.”

‘Overwhelmingly legal’

If this represents the “carrot” technique, then perhaps Nick Tofiluk, director of guideline at the Gambling Commission, represents the “stick”.

The Gambling Commission was set up under the Gambling Act 2005 to regulate business gaming in Great Britain.

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

“The overwhelming bulk of sports betting wagering taking place through UK operators is legal and fair,” he states.

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

“Such unfaithful has the possible to undermine the stability of a sport, and it also damages the commercial interests of sports betting bodies and sports betting wagering.”

The commission has actually established an in-house Sports Betting Intelligence Unit to get and distribute details to sporting authorities, wagering firms and policing authorities.

“Since 2007 we have experienced a significant insight into world of corrupt sports wagering,” he states.

“We will inform sports betting of our concerns, to assist avoid or cut [unlawful] activity”

In May 2010, the commission likewise presented a personal telephone hotline for those with info or suspicions.

‘Vulnerabilities’

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

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However, Mr Tofiluk states there are still eight ongoing examinations, which much beneficial details has likewise been passed to sports betting authorities.

He said that where an examination by a sport governing body was quicker, and more cost effective, then the commission would think about terminating a criminal examination “in favour of letting sports governing bodies take the lead”.

Meanwhile, he says a number of those aiming to cheat the sports wagering industry were knowledgeable about sports betting and sporting individuals, and about wagering operations and the motion of cash.

“They look for out the vulnerabilities of these to help in their enterprises.”

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