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Betting on sport is huge organization.
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Sport England estimates the worth of costs on sport-related betting in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
And that figure is likely to have grown even more, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer.
Meanwhile, German research study firm Sport & Markt approximates the general global gambling market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and sports betting gambling.
But when the stability of events are hit the gaming market suffers, and revenues are put under risk if customers 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 speak about the sports 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 police over spot-fixing allegations connecting to a test versus England at Lord's last month.
Three of these players have said 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 allegations, however was banned recently for 6 months for stopping working to report the unlawful technique to him to throw frames.
There are likewise two other continuing examinations - not related to Mr Higgins - into snooker.
'Honest'
David O'Reilly is legal counsel for Betfair, one of the UK's biggest online sporting exchanges.
"If the sport is viewed as truthful, straight and reasonable that benefits wagering companies due to the fact that people will invest money betting with self-confidence," he says.
"If you take the Pakistan allegations, although unassociated to the UK managed betting industry ... it is not really a positive story for betting in the UK.
"That is since the perception is that 'cricket is now something we might have to be careful 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, the focus needs to be on sportsmen and sportswomen.
As Simon Taylor of the Professional Players' Federation mentions: "The only people who can repair a match are the competitors 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 not sufficient to simply have deterrents, sanctions and disciplinary treatments, however that the way to take on possible concerns around players is also through education.
Mr Taylor says rules require to be described clearly to players with clear examples, and by people they respect.
"Through informing gamers about sports betting you strengthen integrity and that is in everyone's interest," he includes.
"If players 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, agrees.
"Prevention is much better than remedy, and we likewise make a point of telling gamers 'you are going to be captured'."
"It is essential that sport is directly, and is seen to be directly," he adds.
"If it loses that then individuals don't wish to bet, that is not in betting companies' interests, and it is not in our interests."
He stated that when an excellent reputation was lost, the damage to a sport was "incalculable".
FA guidelines suggest gamers are not allowed to bet on a competition in which they are involved.
Mr Johnson says players need to be seen not to be cashing in on any inside understanding, which he states could 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 bank on a Manchester United v Chelsea cup final the following spring.
"We have to get over to gamers the reputational threat to the video game," he states. "Once confidence has been damaged it is difficult to get it back - mud sticks."
'Overwhelmingly legal'
If this represents the "carrot" method, then possibly Nick Tofiluk, director of regulation at the Gambling Commission, represents the "stick".
The Gambling Commission was established under the Gambling Act 2005 to control business betting in Great Britain.
An ex-chief constable of West Midlands authorities, Mr Tofiluk has obligation for policing all wagering in the UK apart from spread wagering, which is the remit of the FSA.
"The overwhelming majority of sports betting occurring through UK operators is legal and reasonable," he states.
"But for some there is the temptation to ... corruptly hinder the outcome of a sporting occasion.
"Such unfaithful has the possible to weaken the stability of a sport, and it also hurts the commercial interests of sports betting bodies and sports betting."
The commission has actually developed an internal Sports Betting Intelligence Unit to get and share information to sporting authorities, wagering companies and policing authorities.
"Since 2007 we have actually experienced a considerable insight into world of corrupt sports betting," he says.
"We will inform sports of our issues, to assist avoid or curtail [prohibited] activity"
In May 2010, the commission also introduced a confidential telephone hotline for those with details or suspicions.
'Vulnerabilities'
But in a two-and-a-half year period there has actually been simply one criminal prosecution, a 24-year-old man who was cautioned for unfaithful in relation to greyhound racing.
However, Mr Tofiluk says there are still eight ongoing examinations, and that much beneficial info has actually likewise been passed to sports betting authorities.
He stated that where an investigation 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 betting governing bodies take the lead".
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Meanwhile, he states much of those aiming to cheat the sports betting industry were knowledgeable about sports betting and sporting individuals, and about wagering operations and the movement of cash.
"They look for the vulnerabilities of these to help in their enterprises."
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Sport Betting Industry Seeks To Protect Itself
phyllis800883 edited this page 2025-01-30 06:29:27 +08:00