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Sport wagering market aims to secure itself
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16 September 2010
bet9ja.com
By Bill Wilson
Business reporter, BBC News
sports betting on sport is huge company.
Sport England approximates the value of costs 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 approximated ₤ 1bn bet on the World Cup alone in the UK this summer season.
Meanwhile, German research study firm Sport & Markt estimates the overall international sports betting market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and sports betting gambling.
But when the integrity of occasions are hit the gambling industry suffers, and revenues are put under risk if clients can not wager with confidence.
And there can have been few higher-profile sport wagering stories than those affecting cricket and snooker this year.
High-profile
As Sport & Markt's Gareth Moore observes: "Everyone discuss the sports betting market now.
"Not only is it a significant market in world organization, it is one that is now on the front pages of newspapers."
Four Pakistan cricketers have been questioned by cops over spot-fixing accusations associating with a test against England at Lord's last month.
Three of these gamers have actually 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 allegations, however was prohibited recently for six months for failing to report the illegal method to him to toss 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 biggest online sporting exchanges.
"If the sport is viewed as honest, straight and fair that benefits wagering companies because people will spend cash wagering with confidence," he says.
"If you take the Pakistan accusations, although unrelated to the UK controlled sports betting market ... it is not really a positive story for wagering in the UK.
"That is because the perception 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, the focus has to be on sportsmen and sportswomen.
As Simon Taylor of the Professional Players' Federation mentions: "The only people who can fix 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 player organisations, such as the Professional Footballers' Association.
He thinks that it is insufficient to simply have deterrents, sanctions and disciplinary treatments, however that the way to take on potential issues around players is also through education.
Mr Taylor states rules need to be explained clearly to players with clear examples, and by individuals they appreciate.
"Through educating gamers about sports betting you reinforce integrity and that is in everybody's interest," he adds.
"If gamers are harder to corrupt then sport will be more difficult to corrupt."
'Brand damage'
Matt Johnson, head of regulative legal suggestions at the Football Association, agrees.
"Prevention is better than remedy, and we also make a point of informing gamers 'you are going to be caught'."
"It is necessary that sport is straight, 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 said that once a great track record was lost, the damage to a sport was "incalculable".
FA guidelines imply players are not enabled to bet on a competition in which they are involved.
Mr Johnson states gamers have to be seen not to be in on any inside understanding, which he states might cause "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 last the following spring.
"We need to overcome to players the reputational threat to the video 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" 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 manage industrial gambling in Great Britain.
An ex-chief constable of West Midlands police, Mr Tofiluk has responsibility for policing all sports betting in the UK apart from spread wagering, which is the remit of the FSA.
"The overwhelming majority of sports betting taking location through UK operators is legal and reasonable," he says.
"But for some there is the temptation to ... corruptly disrupt the result of a sporting event.
"Such cheating has the possible to undermine the integrity of a sport, and it also hurts the business interests of sports betting bodies and sports betting."
The commission has actually established an in-house Sports Betting Intelligence Unit to get and disseminate info to sporting authorities, wagering companies and policing authorities.
"Since 2007 we have actually experienced a significant insight into world of corrupt sports betting," he says.
"We will alert sports betting of our concerns, to assist avoid or cut [illegal] activity"
In May 2010, the commission likewise introduced a private telephone hotline for those with information or suspicions.
'Vulnerabilities'
But in a two-and-a-half year duration there has actually been just 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 continuous examinations, which much beneficial 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 reliable, then the commission would consider ceasing a criminal examination "in favour of letting sports betting governing bodies take the lead".
Meanwhile, he says much of those aiming to cheat the sports betting market were knowledgeable about sports betting and sporting individuals, and about wagering operations and the motion of money.
"They look for the vulnerabilities of these to assist in their business."
Related web links
World sports betting Law Report
ICC
Professional Players Federation
Professional Footballers' Association
The FA
Betfair
Sport & Markt
BLP
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Gambling Commission
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