From 958ceddedfa9cc8620cf458c60fc64551730d714 Mon Sep 17 00:00:00 2001 From: lashayscaddan Date: Tue, 17 Dec 2024 19:44:37 +0100 Subject: [PATCH] Add Sport Betting Industry Aims To Protect Itself --- ...Betting-Industry-Aims-To-Protect-Itself.md | 69 +++++++++++++++++++ 1 file changed, 69 insertions(+) create mode 100644 Sport-Betting-Industry-Aims-To-Protect-Itself.md diff --git a/Sport-Betting-Industry-Aims-To-Protect-Itself.md b/Sport-Betting-Industry-Aims-To-Protect-Itself.md new file mode 100644 index 0000000..3b9a555 --- /dev/null +++ b/Sport-Betting-Industry-Aims-To-Protect-Itself.md @@ -0,0 +1,69 @@ +[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
Sport [sports betting](https://famenest.com/read-blog/56136_just-how-much-are-americans-investing-in-sports-betting.html) market seeks to safeguard itself
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16 September 2010
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By Bill Wilson
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Business reporter, BBC News
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Sport England approximates the worth of costs on sport-related gaming in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
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And that figure is most likely to have grown further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer.
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Meanwhile, German research study company Sport & Markt estimates the overall worldwide gambling market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://famenest.com/read-blog/56103_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) gambling.
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But when the integrity of events are hit the [sports betting](https://wifidb.science/wiki/User:NonaEast425) industry suffers, and incomes are put under danger if clients can not bet with self-confidence.
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And there can have been couple of higher-profile sport wagering stories than those affecting cricket and snooker this year.
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High-profile
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As Sport & Markt's Gareth Moore observes: "Everyone discuss the [sports betting](https://uptoscreen.com/read-blog/74154_things-you-need-to-know-about-rafting-adventures.html) gambling market now.
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"Not just is it a considerable market in world service, it is one that is now on the front pages of papers."
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Four Pakistan cricketers have actually been questioned by police over spot-fixing claims relating to a test against England at Lord's last month.
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Three of these players have actually stated they will also challenge the corruption charges mounted against the trio by the sport governing body the International Cricket Council.
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Meanwhile, three-times snooker world champ John Higgins was cleared of match-fixing allegations, but was prohibited recently for six months for stopping working to report the prohibited approach to him to throw frames.
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There are likewise 2 other continuing investigations - unrelated to Mr Higgins - into snooker.
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'Honest'
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David O'Reilly is legal counsel for Betfair, one of the UK's most significant online sporting exchanges.
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"If the sport is perceived as honest, straight and reasonable that benefits wagering companies due to the fact that people will spend money [sports betting](https://olympiquelyonnaisfansclub.com/read-blog/14805_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) with confidence," he says.
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"If you take the Pakistan allegations, although unassociated to the UK regulated [sports betting](https://www.hb9lc.org/wiki/index.php/User:PXFHudson077425) market ... it is not actually a positive story for [sports betting](https://mediawiki1263.00web.net/index.php/User:SergioJbb32119) in the UK.
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"That is because the understanding is that 'cricket is now something we might have to be careful about'."
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'Education'
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So what can be done to prevent future scandals?
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According to experts at a World [sports betting](https://munidigital.iie.cl/wiki/index.php?title=Usuario:JanelleShade803) Law Report conference into [sports betting](https://papersoc.com/read-blog/666_the-ins-and-outs-of-betting-on-the-nfl-draft.html), the focus has to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation explains: "The only individuals who can fix a match are the competitors or the referee."
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His [organisation represents](https://grade1d.smaportal.ae/read-blog/2407_things-you-need-to-learn-about-rafting-adventures.html) males and females in 15 [sports betting](https://famenest.com/read-blog/56093_compare-amp-review-oddsjet-de.html) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.
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He thinks that it is inadequate to merely have deterrents, sanctions and disciplinary treatments, but that the method to deal with prospective problems around gamers is likewise through [education](https://papersoc.com/read-blog/666_the-ins-and-outs-of-betting-on-the-nfl-draft.html).
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Mr Taylor says guidelines require to be explained clearly to gamers with clear examples, and by people they appreciate.
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"Through informing players about [sports betting](https://papersoc.com/read-blog/664_online-betting-firms-gamble-on-soccer-mad-nigeria.html) wagering you reinforce stability which remains in everyone's interest," he includes.
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"If gamers are more difficult to corrupt then sport will be more difficult to corrupt."
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'Brand damage'
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Matt Johnson, head of regulatory legal suggestions at the Football Association, agrees.
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"Prevention is better than remedy, and we also make a point of informing players 'you are going to be captured'."
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"It is important that sport is directly, and is seen to be straight," he includes.
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"If it loses that then people do not desire to bet, that is not in [sports betting](https://wiki.tld-wars.space/index.php/Utilisateur:ChadHatter563) firms' interests, and it is not in our interests."
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He stated that as soon as a great [track record](https://mediawiki1263.00web.net/index.php/User:ShirleenRobert9) was lost, the damage to a sport was "incalculable".
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FA guidelines suggest players are not allowed to bet on a competitors in which they are included.
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Mr Johnson says players need to be seen not to be in on any inside knowledge, which he states could cause "brand name damage" to football and its competitions.
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So, even a Second Division player knocked out of the FA Cup in the fall can not bank on a Manchester United v Chelsea cup last the following spring.
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"We have to get over to players the reputational risk to the video game," he states. "Once self-confidence has actually been damaged it is difficult to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" approach, then perhaps Nick Tofiluk, director of regulation at the Gambling Commission, represents the "stick".
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The Gambling Commission was established under the Gambling Act 2005 to manage business gambling in Great Britain.
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has obligation for policing all wagering in the UK apart from spread wagering, which is the remit of the FSA.
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"The frustrating bulk of [sports betting](https://www.grandtribunal.org/wiki/User:TwilaWalls02633) taking place through UK operators is legal and fair," he states.
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"But for some there is the temptation to ... corruptly hinder the outcome of a sporting event.
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"Such unfaithful has the potential to weaken the integrity of a sport, and it also damages the industrial interests of [sports betting](https://links.gtanet.com.br/refugiatrumb) bodies and [sports betting](https://social.oneworldonesai.com/read-blog/1629_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) wagering."
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The commission has established an in-house [Sports Betting](https://tartar.app/read-blog/1667_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) Intelligence Unit to get and disseminate info to sporting authorities, [sports betting](https://groups.chat/read-blog/10890_how-to-play-bet9ja-online.html) companies and policing authorities.
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"Since 2007 we have experienced a significant insight into world of corrupt [sports betting](https://autogenie.co.uk/how-to-play-bet9ja-online/) wagering," he says.
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"We will notify [sports betting](https://wiki.ragnaworld.net/index.php?title=User:Pamela7758) of our issues, to help prevent or reduce [unlawful] activity"
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In May 2010, the commission also presented a personal telephone hotline for those with details or suspicions.
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'Vulnerabilities'
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But in a two-and-a-half year duration there has been just one criminal prosecution, a 24-year-old man who was warned for unfaithful in relation to greyhound racing.
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However, Mr Tofiluk states there are still 8 ongoing investigations, and that much useful information has actually likewise been passed to [sports betting](https://naijamatta.com/read-blog/34782_why-every-cricket-fan-ought-to-try-the-all-cricket-id-gaming-platform.html) authorities.
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He said that where an investigation by a sport governing body was quicker, and more expense effective, then the commission would consider terminating a criminal investigation "in favour of letting [sports betting](https://flowsocial.xyz/read-blog/568_how-much-are-americans-investing-in-sports-betting.html) governing bodies take the lead".
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Meanwhile, he states a lot of those looking to cheat the [sports betting](https://wiki.dulovic.tech/index.php/User:AnnisMacarthur4) wagering industry were educated about [sports betting](http://ringturbine.com:80/index.php/User:DelorisRountree) and sporting individuals, and about wagering operations and the motion of money.
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"They seek out the vulnerabilities of these to help in their business."
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Related internet links
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World [sports betting](https://tartar.app/read-blog/1667_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) Law Report
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ICC
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Professional Players Federation
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Professional Footballers' Association
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The FA
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Betfair
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Sport & Markt
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BLP
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Gambling Commission
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The BBC is not responsible for the content of external websites.
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