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Sport Betting Industry Wants To Protect Itself

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Sport wagering industry looks to protect itself

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Sport sports betting market seeks to safeguard 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 press reporter, BBC News


sports betting on sport is substantial service.


Sport England estimates the value of spending on sport-related gambling in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.


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


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


But when the integrity of events are struck the betting market suffers, and profits are put under threat if clients can not bet with confidence.


And there can have been few higher-profile sport betting 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 substantial market in world organization, it is one that is now on the front pages of newspapers."


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


Three of these gamers have said they will likewise challenge the corruption charges mounted 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 claims, but was prohibited recently for six months for stopping working to report the unlawful method to him to toss frames.


There are likewise 2 other continuing investigations - 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 sincere, straight and fair that is excellent for betting companies since individuals will spend money sports betting with self-confidence," he says.


"If you take the Pakistan allegations, although unrelated to the UK controlled wagering market ... it is not truly a positive story for betting in the UK.


"That is since the understanding is that 'cricket is now something we may need to take care about'."


'Education'


So what can be done to avoid future scandals?


According to specialists at a World sports betting Law Report conference into sports betting gambling, the focus needs to be on sportspersons and sportswomen.


As Simon Taylor of the Professional Players' Federation mentions: "The only people 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 enough to merely have deterrents, sanctions and disciplinary procedures, but that the way to tackle possible problems around gamers is also through education.


Mr Taylor says guidelines need to be described plainly to gamers with clear examples, and by people they appreciate.


"Through educating players about sports betting you enhance integrity and that is in everybody'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 regulatory legal advice at the Football Association, agrees.


"Prevention is better than cure, and we likewise make a point of informing 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 people do not wish to bet, that is not in gambling companies' interests, and it is not in our interests."


He stated that when an excellent credibility was lost, the damage to a sport was "enormous".


FA guidelines mean gamers are not permitted to bet on a competitors in which they are involved.


Mr Johnson states gamers need 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 2nd Division player knocked out of the FA Cup in the fall can not bet on a Manchester United v Chelsea cup final the following spring.


"We have to get over to players the reputational risk to the game," he states. "Once confidence has actually been damaged it is difficult to get it back - mud sticks."


'Overwhelmingly legal'


If this represents the "carrot" method, 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 control commercial sports betting in Great Britain.


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


"The overwhelming majority of sports betting taking place through UK operators is legal and reasonable," he says.


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


"Such unfaithful has the potential to weaken the integrity of a sport, and it likewise harms the business interests of sports betting bodies and sports betting."


The commission has established an in-house Sports Betting Intelligence Unit to get and distribute info to sporting authorities, betting companies and policing authorities.


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


"We will notify sports betting of our issues, to assist avoid or reduce [unlawful] activity"


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


'Vulnerabilities'


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


However, Mr Tofiluk states there are still 8 continuous examinations, which much beneficial information has also been passed to sports betting authorities.


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


Meanwhile, he states a lot of those looking to cheat the sports betting wagering industry were experienced about sports betting and sporting individuals, and about betting operations and the movement of cash.


"They seek 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

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