Sport sports betting market aims to protect itself
16 September 2010
By Bill Wilson
Business press reporter, BBC News
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sports betting on sport is big company.
Sport England estimates the worth of spending on sport-related sports betting in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
Which figure is likely to have actually grown further, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summertime.
Meanwhile, German research firm 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.
But when the stability of occasions are struck the gaming market suffers, and profits are put under hazard if clients can not wager with self-confidence.
And there can have been couple of higher-profile sport wagering 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 substantial market in world business, it is one that is now on the front pages of newspapers."
Four Pakistan cricketers have actually been questioned by police over spot-fixing allegations connecting to a test versus England at Lord's last month.
Three of these players have actually stated they will likewise challenge the corruption charges mounted versus the trio by the sport governing body the International Cricket Council.
Meanwhile, three-times snooker world champion John Higgins was cleared of match-fixing accusations, however was banned recently for 6 months for stopping working to report the illegal method to him to throw frames.
There are also 2 other continuing examinations - unrelated to Mr Higgins - into snooker.
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'Honest'
David O'Reilly is legal counsel for Betfair, among the UK's greatest online sporting exchanges.
"If the sport is viewed as truthful, straight and reasonable that is excellent for wagering firms because individuals will invest money sports betting with confidence," he says.
"If you take the Pakistan accusations, although unrelated to the UK managed wagering industry ... it is not actually a favorable story for betting in the UK.
"That is since the understanding is that 'cricket is now something we may need to be careful about'."
'Education'
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So what can be done to avoid future scandals?
According to specialists 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 individuals 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 insufficient to merely have deterrents, sanctions and disciplinary procedures, but that the way to tackle prospective problems around players is likewise through education.
Mr Taylor states rules require to be explained clearly to gamers with clear examples, and by individuals they appreciate.
"Through educating players about sports betting wagering you enhance stability and that is in everyone's interest," he adds.
"If players are harder to corrupt then sport will be more difficult to corrupt."
'Brand damage'
Matt Johnson, head of regulatory legal guidance at the Football Association, concurs.
"Prevention is much better than cure, and we likewise make a point of informing players '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 individuals don't wish to bet, that is not in gaming firms' interests, and it is not in our interests."
He stated that as soon as an excellent reputation was lost, the damage to a sport was "enormous".
FA guidelines suggest players are not allowed to bank on a competitors in which they are involved.
Mr Johnson states gamers have to be seen not to be capitalizing any inside understanding, which he states might cause "brand name damage" to football and its competitors.
So, even a Second Division gamer knocked out of the FA Cup in the fall can not bank on a Manchester United v Chelsea cup last the following spring.
"We have to overcome to players the reputational threat to the video game," he says. "Once self-confidence has actually been harmed it is difficult to get it back - mud sticks."
'Overwhelmingly legal'
If this represents the "carrot" method, then maybe Nick Tofiluk, director of regulation at the Gambling Commission, represents the "stick".
The Gambling Commission was established under the Gambling Act 2005 to manage business gaming in Great Britain.
An ex-chief constable of West Midlands cops, Mr Tofiluk has duty for policing all betting in the UK apart from spread wagering, which is the remit of the FSA.
"The frustrating majority of sports betting happening through UK operators is legal and fair," he states.
"But for some there is the temptation to ... corruptly hinder the outcome of a sporting occasion.
"Such cheating has the to weaken the integrity of a sport, and it also hurts the industrial interests of sports betting bodies and sports betting."
The commission has developed an internal Sports Betting Intelligence Unit to receive and disseminate info to sporting authorities, sports betting firms and policing authorities.
"Since 2007 we have actually experienced a considerable insight into world of corrupt sports betting," he states.
"We will alert sports betting of our issues, to help prevent or reduce [prohibited] activity"
In May 2010, the commission also introduced a private telephone hotline for those with details or suspicions.
'Vulnerabilities'
But in a two-and-a-half year duration there has actually been simply one criminal prosecution, a 24-year-old man who was cautioned for unfaithful in relation to greyhound racing.
However, Mr Tofiluk says there are still 8 continuous investigations, and that 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 cost reliable, then the commission would think about ceasing a criminal examination "in favour of letting sports betting governing bodies take the lead".
Meanwhile, he states a number of those aiming to cheat the sports betting industry were educated about sports betting and sporting people, and about betting operations and the motion of money.
"They seek out the vulnerabilities of these to assist in their enterprises."
Related internet links
World sports betting Law Report
ICC
Professional Players Federation
Professional Footballers' Association
The FA
bit.ly
Betfair
Sport & Markt
BLP
Gambling Commission
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Sport Betting Industry Seeks To Protect Itself
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