Sport Betting Industry Looks To Protect Itself

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Sport wagering industry looks to secure itself

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Sport sports betting industry wants to secure itself

Register at Bet9ja using the promotion code YOHAIG for a N100,000 welcome bonus

16 September 2010

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By Bill Wilson


Business reporter, BBC News


sports betting on sport is huge organization.


Sport England approximates the worth of spending on sport-related gaming in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.


Which figure is likely to have grown even more, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summertime.


Meanwhile, German research firm Sport & Markt estimates the overall global sports betting market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and sports betting gaming.


But when the stability of occasions are hit the gaming industry suffers, and earnings are put under danger if clients 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 betting 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."


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


Three of these gamers have actually said they will likewise challenge the corruption charges installed 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 six months for failing to report the unlawful technique to him to throw frames.


There are also 2 other continuing examinations - unrelated 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 benefits sports betting firms because people will spend money sports betting with confidence," he states.


"If you take the Pakistan claims, although unassociated to the UK regulated wagering industry ... it is not really a favorable story for sports betting in the UK.


"That is because the understanding is that 'cricket is now something we may have to be cautious about'."


'Education'


So what can be done to prevent future scandals?

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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 explains: "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 thinks that it is not sufficient to merely have deterrents, sanctions and disciplinary procedures, however that the way to take on potential concerns around gamers is also through education.


Mr Taylor says rules need to be discussed plainly to gamers with clear examples, and by individuals they respect.


"Through educating gamers about sports betting you strengthen stability and that is in everybody's interest," he adds.


"If gamers 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 cure, and we likewise make a point of informing players 'you are going to be captured'."

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


"If it loses that then people don't want to bet, that is not in sports betting firms' interests, and it is not in our interests."


He stated that when a good reputation was lost, the damage to a sport was "enormous".


FA guidelines imply players are not allowed to bank on a competitors in which they are involved.


Mr Johnson states gamers need to be seen not to be cashing in on any inside knowledge, which he states could cause "brand name damage" to football and its competitions.


So, even a 2nd Division player knocked out of the FA Cup in the fall can not bank on a Manchester United v Chelsea cup final the following spring.


"We have to get over to gamers the reputational risk to the 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 possibly 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 industrial gaming in Great Britain.


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


"The frustrating bulk of sports betting occurring through UK operators is legal and fair," he says.

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


"Such cheating has the possible to undermine the integrity of a sport, and it also harms the industrial interests of sports betting bodies and sports betting wagering."


The commission has actually developed an in-house Sports Betting Intelligence Unit to get and disseminate info to sporting authorities, wagering companies and policing authorities.


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


"We will signal sports betting of our concerns, to assist prevent or cut [unlawful] activity"


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


'Vulnerabilities'


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


However, Mr Tofiluk states there are still 8 ongoing examinations, which much useful information has likewise been passed to sports betting authorities.


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


Meanwhile, he states a number of those seeking to cheat the sports betting industry were experienced about sports betting and sporting people, and about wagering operations and the motion of money.


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


Related internet links


World sports betting Law Report


ICC


Professional Players Federation


Professional Footballers' Association


The FA


Betfair


Sport & Markt

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BLP


Gambling Commission

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