Add 'Sport Betting Industry Aims To Protect Itself'

4 months ago · 7e45a5cc36
commit 7e45a5cc36
1 changed files with 68 additions and 0 deletions
--- a/Sport-Betting-Industry-Aims-To-Protect-Itself.md
+++ b/Sport-Betting-Industry-Aims-To-Protect-Itself.md
@ -0,0 +1,68 @@
 [bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)<br>Sport wagering industry seeks to safeguard itself<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
 <br>16 September 2010<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
 <br>By Bill Wilson<br>
 <br>Business reporter, BBC News<br>
 <br>[sports betting](https://vibrantclubs.com/read-blog/11472_how-to-withdraw-from-bet9ja-8-step-guide-to-cash-in-your-wins.html) on sport is huge company.<br>
 <br>Sport England approximates the value of costs on sport-related gambling in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.<br>
 <br>And that 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.<br>
 <br>Meanwhile, German research study company Sport & Markt approximates the total worldwide gambling market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://vibrantclubs.com/read-blog/11095_sport-betting-industry-seeks-to-protect-itself.html).<br>
 <br>But when the stability of events are struck the gambling market suffers, and incomes are put under hazard if clients can not bet with self-confidence.<br>
 <br>And there can have been couple of higher-profile sport [sports betting](http://www.seferpanim.com/read-blog/382_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) stories than those affecting cricket and snooker this year.<br>
 <br>High-profile<br>
 <br>As Sport & Markt's Gareth Moore observes: "Everyone speak about the [sports betting](https://social.japrime.id/read-blog/23392_for-sports-gambling-to-be-legalised.html) gambling market now.<br>
 <br>"Not just is it a significant market in world company, it is one that is now on the front pages of newspapers."<br>
 <br>Four Pakistan cricketers have actually been questioned by authorities over spot-fixing accusations associating with a test versus England at Lord's last month.<br>
 <br>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.<br>
 <br>Meanwhile, three-times snooker world champ John Higgins was cleared of match-fixing accusations, however was prohibited recently for six months for failing to report the unlawful technique to him to toss frames.<br>
 <br>There are also 2 other continuing investigations - unrelated to Mr Higgins - into snooker.<br>
 <br>'Honest'<br>
 <br>David O'Reilly is legal counsel for Betfair, among the UK's biggest online sporting exchanges.<br>
 <br>"If the sport is viewed as sincere, straight and fair that benefits wagering companies due to the fact that people will invest money wagering with self-confidence," he says.<br>
 <br>"If you take the Pakistan accusations, although unrelated to the UK regulated betting industry ... it is not truly a positive story for betting in the UK.<br>
 <br>"That is because the understanding is that 'cricket is now something we may need to beware about'."<br>
 <br>'Education'<br>
 <br>So what can be done to prevent future scandals?<br>
 <br>According to specialists at a World [sports betting](https://meebeek.com/read-blog/1178_the-ins-and-outs-of-betting-on-the-nfl-draft.html) Law Report conference into [sports betting](https://gayplatform.de/read-blog/3768_how-fantasy-betting-app-development-companies-and-sports-developers.html), the focus has to be on sportsmen and sportswomen.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
 <br>As Simon Taylor of the Professional Players' Federation points out: "The only people who can repair a match are the rivals or the referee."<br>
 <br>His organisation represents males and females in 15 [sports betting](http://touringtreffen.nl/read-blog/2401_for-sports-gambling-to-be-legalised.html) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.<br>
 <br>He believes that it is insufficient to merely have deterrents, sanctions and disciplinary treatments, but that the method to deal with possible issues around gamers is also through education.<br>
 <br>Mr Taylor says rules require to be explained clearly to players with clear examples, and by people they respect.<br>
 <br>"Through informing gamers about [sports betting](https://wiki.vst.hs-furtwangen.de/wiki/User:LaureneWilbur90) wagering you strengthen stability which is in everybody's interest," he includes.<br>
 <br>"If gamers are harder to corrupt then sport will be more difficult to corrupt."<br>
 <br>'Brand damage'<br>
 <br>Matt Johnson, head of regulatory legal recommendations at the Football Association, agrees.<br>
 <br>"Prevention is much better than remedy, and we likewise make a point of telling gamers 'you are going to be captured'."<br>
 <br>"It is crucial that sport is directly, and is seen to be straight," he adds.<br>
 <br>"If it loses that then individuals do not wish to bet, that is not in [sports betting](https://www.tobeop.com/missouri-sports-betting-ballot-measure-approved-by-voters/) companies' interests, and it is not in our interests."<br>
 <br>He said that once a great reputation was lost, the damage to a sport was "enormous".<br>
 <br>FA guidelines imply players are not allowed to bank on a competitors in which they are involved.<br>
 <br>Mr Johnson states players need to be seen not to be capitalizing any inside understanding, which he says could trigger "brand name damage" to football and its competitions.<br>
 <br>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.<br>
 <br>"We need to overcome to players the reputational danger to the video game," he states. "Once self-confidence has been harmed it is difficult to get it back - mud sticks."<br>
 <br>'Overwhelmingly legal'<br>
 <br>If this represents the "carrot" technique, then maybe Nick Tofiluk, director of policy at the Gambling Commission, represents the "stick".<br>
 <br>The Gambling Commission was set up under the Gambling Act 2005 to control commercial gambling in Great Britain.<br>
 <br>An ex-chief constable of West Midlands authorities, Mr Tofiluk has obligation for policing all [sports betting](https://chat.app8station.com/read-blog/3595_compare-amp-review-oddsjet-de.html) in the UK apart from spread wagering, which is the remit of the FSA.<br>
 <br>"The overwhelming bulk of [sports betting](https://encone.com/read-blog/46252_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) wagering occurring through UK operators is legal and reasonable," he says.<br>
 <br>"But for some there is the temptation to ... corruptly hinder the outcome of a sporting occasion.<br>
 <br>"Such cheating has the possible to  the integrity of a sport, and it also damages the industrial interests of [sports betting](https://www.oscommerce.com/wiki/User_talk:CletaBriscoe3) bodies and [sports betting](http://social.redemaxxi.com.br/read-blog/1674_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html)."<br>
 <br>The commission has developed an in-house [Sports Betting](https://www.fluencycheck.com/893459/how-are-betting-odds-calculated) Intelligence Unit to get and disseminate info to sporting authorities, wagering companies and policing authorities.<br>
 <br>"Since 2007 we have experienced a substantial insight into world of corrupt [sports betting](http://wiki.faramirfiction.com/index.php?title=User:FerminRolfe) wagering," he states.<br>
 <br>"We will notify [sports betting](https://thefreedommovement.ca/read-blog/19330_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) of our concerns, to assist avoid or curtail [illegal] activity"<br>
 <br>In May 2010, the commission also introduced a confidential telephone hotline for those with details or suspicions.<br>
 <br>'Vulnerabilities'<br>
 <br>But in a two-and-a-half year period there has actually been simply one criminal prosecution, a 24-year-old man who was cautioned for cheating in relation to greyhound racing.<br>
 <br>However, Mr Tofiluk states there are still 8 continuous examinations, which much helpful details has actually likewise been passed to [sports betting](https://vibrantclubs.com/read-blog/11472_how-to-withdraw-from-bet9ja-8-step-guide-to-cash-in-your-wins.html) authorities.<br>
 <br>He stated that where an investigation by a sport governing body was quicker, and more expense effective, then the commission would think about stopping a criminal investigation "in favour of letting [sports betting](https://forum.petstory.ge/read-blog/3844_missouri-sports-betting-ballot-measure-approved-by-voters.html) governing bodies take the lead".<br>
 <br>Meanwhile, he states a number of those seeking to cheat the [sports betting](https://friends.win/read-blog/21011_the-ins-and-outs-of-betting-on-the-nfl-draft.html) market were experienced about [sports betting](https://www.yewiki.org/User:FredricTunn9) and sporting people, and about [sports betting](https://pittsburghpenguinsclub.com/read-blog/11551_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) operations and the movement of money.<br>
 <br>"They look for the vulnerabilities of these to help in their business."<br>
 <br>Related web links<br>
 <br>World [sports betting](http://www.asystechnik.com/index.php/Benutzer:LarueLamilami39) Law Report<br>
 <br>ICC<br>
 <br>Professional Players Federation<br>
 <br>Professional Footballers' Association<br>
 <br>The FA<br>
 <br>Betfair<br>
 <br>Sport & Markt<br>
 <br>BLP<br>
 <br>Gambling Commission<br>