Betting on sport is big business.
Sport England approximates the value of costs on sport-related betting in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
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Which figure is most likely to have grown even more, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summertime.
Meanwhile, German research firm Sport & Markt approximates the overall worldwide betting market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and sports gaming.
But when the stability of occasions are hit the betting market suffers, and revenues are put under danger if customers can not bet with self-confidence.
And there can have been couple of 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 just is it a considerable market in world service, 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 claims relating to a test versus England at Lord's last month.
Three of these players have said they will also challenge the corruption charges installed 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 accusations, however was prohibited last week for six months for failing to report the unlawful technique to him to throw frames.
There are also two other continuing investigations - not associated to Mr Higgins - into snooker.
'Honest'
David O'Reilly is legal counsel for Betfair, one of the UK's most significant online sporting exchanges.
"If the sport is viewed as honest, straight and reasonable that is good for wagering companies due to the fact that individuals will spend cash betting with confidence," he says.
"If you take the Pakistan claims, although unrelated to the UK managed wagering market ... it is not really a favorable story for betting in the UK.
"That is due to the fact that the perception is that 'cricket is now something we may have to take care about'."
'Education'
So what can be done to avoid future scandals?
According to experts at a World Sports Law Report conference into sports betting, the focus has to be on sportsmen and sportswomen.
As Simon Taylor of the Professional Players' Federation mentions: "The only individuals who can repair a match are the rivals or the referee."
His organisation represents guys and women in 15 sports in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.
He believes that it is insufficient to merely have deterrents, sanctions and disciplinary treatments, however that the way to tackle prospective issues around players is also through education.
Mr Taylor says rules need to be explained clearly to gamers with clear examples, and by people they appreciate.
"Through educating gamers about sports betting you reinforce stability which 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 guidance at the Football Association, agrees.
"Prevention is much better than cure, and we also make a point of informing players 'you are going to be captured'."
"It is vital that sport is straight, and is seen to be straight," he includes.
"If it loses that then people do not wish to bet, that is not in gaming companies' interests, and it is not in our interests."
He said that once a good reputation was lost, the damage to a sport was "incalculable".
FA guidelines imply gamers are not enabled to bank on a competitors in which they are included.
Mr Johnson states gamers have to be seen not to be cashing in on any inside understanding, which he says could cause "brand name damage" to football and its competitions.
So, even a 2nd Division gamer knocked out of the FA Cup in the fall can not bank on a Manchester United v Chelsea cup final the following spring.
"We need to overcome to players the reputational threat to the video game," he states. "Once self-confidence has actually been damaged it is difficult to get it back - mud sticks."
'Overwhelmingly legal'
If this represents the "carrot" method, then maybe Nick Tofiluk, director of policy 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 police, Mr Tofiluk has obligation for policing all wagering in the UK apart from spread betting, which is the remit of the FSA.
"The overwhelming bulk of sports betting occurring through UK operators is legal and fair," he says.
"But for some there is the temptation to ... corruptly hinder the result of a sporting occasion.
"Such unfaithful has the potential to undermine the integrity of a sport, and it also harms the commercial interests of sports bodies and sports betting."
The commission has actually established an internal Sports Betting Intelligence Unit to get and share info to sporting authorities, wagering firms and policing authorities.
"Since 2007 we have actually experienced a substantial insight into world of corrupt sports betting," he states.
"We will notify sports of our concerns, to assist prevent or curtail [illegal] activity"
In May 2010, the commission likewise introduced a confidential telephone hotline for those with info or suspicions.
'Vulnerabilities'
But in a two-and-a-half year period there has actually been simply one prosecution, a 24-year-old man who was cautioned for unfaithful in relation to greyhound racing.
However, Mr Tofiluk says there are still 8 ongoing examinations, and that much helpful details has also been passed to sports authorities.
He stated that where an investigation by a sport governing body was quicker, and more cost reliable, then the commission would consider stopping a criminal examination "in favour of letting sports governing bodies take the lead".
Meanwhile, he states numerous of those looking to cheat the sports betting market were experienced about sports and sporting individuals, and about betting operations and the movement of money.
"They seek out the vulnerabilities of these to assist in their business."
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Sport Betting Industry Aims To Protect Itself
shaytozier085 edited this page 2025-01-30 00:40:49 +08:00