Betting on sport is huge company.
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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.
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And that figure is most likely to have actually grown further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer season.
Meanwhile, German research study firm Sport & Markt estimates the total global gaming market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and sports betting.
But when the stability of events are hit the gambling market suffers, and revenues are put under hazard if consumers can not bet with self-confidence.
And there can have been few higher-profile sport wagering stories than those affecting cricket and snooker this year.
High-profile
As Sport & Markt's Gareth Moore observes: "Everyone speak 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 newspapers."
Four Pakistan cricketers have actually been questioned by police over spot-fixing accusations connecting to a test versus England at Lord's last month.
Three of these gamers have actually stated they will likewise challenge the corruption charges installed against 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, but was banned recently for 6 months for stopping working to report the illegal technique to him to throw 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 viewed as sincere, straight and reasonable that is good for wagering firms because people will invest cash betting with self-confidence," he states.
"If you take the Pakistan claims, although unrelated to the UK managed betting market ... it is not actually a positive story for wagering 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 avoid future scandals?
According to professionals at a World sports betting Law Report conference into sports gambling, the focus needs to be on sportsmen and sportswomen.
As Simon Taylor of the Professional Players' Federation points out: "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 gamer organisations, such as the Professional Footballers' Association.
He thinks that it is not adequate to merely have deterrents, sanctions and disciplinary treatments, however that the way to deal with possible concerns around players is likewise through education.
Mr Taylor states rules require to be explained plainly to gamers with clear examples, and by people they respect.
"Through educating players about sports wagering you strengthen integrity which remains in everybody's interest," he adds.
"If players are more difficult to corrupt then sport will be harder to corrupt."
'Brand damage'
Matt Johnson, head of regulative legal suggestions at the Football Association, agrees.
"Prevention is better than cure, and we also make a point of informing gamers 'you are going to be captured'."
"It is imperative that sport is directly, and is seen to be directly," he adds.
"If it loses that then people don't want to bet, that is not in gambling firms' interests, and it is not in our interests."
He stated that as soon as a good reputation was lost, the damage to a sport was "incalculable".
FA rules mean players are not enabled to bank on a competition in which they are involved.
Mr Johnson states players have to be seen not to be capitalizing any inside knowledge, which he says might trigger "brand damage" to football and its competitors.
So, even a Second Division player knocked out of the FA Cup in the fall can not bet on a Manchester United v Chelsea cup last the following spring.
"We need to get over to players the reputational risk to the video game," he states. "Once confidence has been harmed it is hard 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 industrial betting in Great Britain.
An ex-chief constable of West Midlands police, Mr Tofiluk has duty for policing all betting in the UK apart from spread betting, which is the remit of the FSA.
"The frustrating majority of sports betting wagering taking location through UK operators is legal and reasonable," he says.
"But for some there is the temptation to ... corruptly hinder the outcome of a sporting occasion.
"Such cheating has the prospective to undermine the stability of a sport, and it also damages the commercial interests of sports betting bodies and sports betting."
The commission has actually established an in-house Sports Betting Intelligence Unit to receive and share information to sporting authorities, betting firms and policing authorities.
"Since 2007 we have actually experienced a considerable insight into world of corrupt sports betting," he states.
"We will signal sports betting of our concerns, to help avoid or curtail [prohibited] activity"
In May 2010, the commission likewise presented a personal telephone hotline for those with details or suspicions.
'Vulnerabilities'
But in a two-and-a-half year duration there has 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 8 ongoing investigations, and that much beneficial info has likewise 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 ceasing a criminal investigation "in favour of letting sports governing bodies take the lead".
Meanwhile, he states a lot of those aiming to cheat the sports betting wagering industry were knowledgeable about sports and sporting people, and about wagering operations and the motion of money.
"They seek out the vulnerabilities of these to help in their enterprises."
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Sport Betting Industry Wants To Protect Itself
marielsua4913 edited this page 2025-01-30 07:12:40 +08:00