Sport Betting Industry Aims To Protect Itself

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Sport wagering market wants to secure itself

Sport wagering industry seeks to safeguard itself

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16 September 2010

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By Bill Wilson


Business press reporter, BBC News


sports betting on sport is huge organization.


Sport England approximates the worth of spending on sport-related sports 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 actually grown even more, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summertime.


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


But when the stability of occasions are struck the sports betting market suffers, and earnings are put under risk if customers can not wager with confidence.


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

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High-profile


As Sport & Markt's Gareth Moore observes: "Everyone discuss 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."


Four Pakistan cricketers have been questioned by cops over spot-fixing allegations connecting to a test versus England at Lord's last month.


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

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Meanwhile, three-times snooker world champion John Higgins was cleared of match-fixing claims, but was banned recently for 6 months for failing to report the prohibited approach to him to throw frames.


There are likewise two other continuing examinations - not associated to Mr Higgins - into snooker.


'Honest'


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

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"If the sport is viewed as honest, straight and reasonable that is great for wagering firms due to the fact that people will spend money betting with confidence," he states.


"If you take the Pakistan accusations, although unassociated to the UK regulated wagering market ... it is not truly a positive story for sports betting in the UK.


"That is since the understanding is that 'cricket is now something we might have to take care 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 has 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 competitors or the referee."


His organisation represents males and women 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 inadequate to simply have deterrents, sanctions and disciplinary procedures, however that the way to deal with prospective issues around gamers is also through education.


Mr Taylor states guidelines require to be discussed clearly to players with clear examples, and by individuals they appreciate.


"Through educating gamers about sports betting you reinforce integrity and that is in everyone's interest," he includes.


"If gamers are harder to corrupt then sport will be harder to corrupt."


'Brand damage'


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


"Prevention is much better than treatment, and we likewise make a point of telling players 'you are going to be captured'."


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


"If it loses that then individuals don't desire to wager, that is not in sports betting firms' interests, and it is not in our interests."


He stated that as soon as a great track record was lost, the damage to a sport was "enormous".


FA rules imply players are not allowed to wager on a competitors in which they are included.


Mr Johnson states players have to be seen not to be cashing in on any inside understanding, which he states might trigger "brand damage" to football and its competitors.


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 need to overcome to gamers the reputational risk to the game," he states. "Once confidence has actually 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 regulation at the Gambling Commission, represents the "stick".


The Gambling Commission was set up under the Gambling Act 2005 to control business sports betting in Great Britain.


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


"The frustrating majority of sports betting taking location through UK operators is legal and fair," he states.


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


"Such unfaithful has the possible to weaken the integrity of a sport, and it likewise harms the business 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, wagering firms and policing authorities.


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


"We will alert sports betting of our issues, to help avoid or curtail [unlawful] activity"


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


'Vulnerabilities'


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


However, Mr Tofiluk states there are still eight continuous examinations, which much helpful information has actually also been passed to sports betting authorities.


He stated that where an investigation by a sport governing body was quicker, and more expense effective, then the commission would consider stopping a criminal examination "in favour of letting sports betting governing bodies take the lead".


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


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


Related internet links


World sports betting Law Report


ICC

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Professional Players Federation


Professional Footballers' Association


The FA


Betfair


Sport & Markt


BLP


Gambling Commission

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