From 110395d89c82f4ec37812ec24164160b66a50dde Mon Sep 17 00:00:00 2001 From: maplegray3574 Date: Thu, 30 Jan 2025 11:54:35 +0800 Subject: [PATCH] Add Sport Betting Industry Aims To Protect Itself --- ...Betting-Industry-Aims-To-Protect-Itself.md | 54 +++++++++++++++++++ 1 file changed, 54 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..223d8e7 --- /dev/null +++ b/Sport-Betting-Industry-Aims-To-Protect-Itself.md @@ -0,0 +1,54 @@ +
Betting on sport is huge service.
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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 likely to have grown even more, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer season.
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Meanwhile, German research company Sport & Markt approximates the general worldwide gaming market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and sports gaming.
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But when the stability of events are hit the gaming market suffers, and profits are put under risk if customers can not wager with self-confidence.
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And there can have been few higher-profile sport wagering stories than those impacting cricket and snooker this year.
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High-profile
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As Sport & Markt's Gareth Moore observes: "Everyone talks about the [sports betting](http://aptjob.co.kr/bbs/board.php?bo_table=free&wr_id=186414) market now.
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"Not just is it a significant market in world business, it is one that is now on the front pages of papers."
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Four Pakistan cricketers have been questioned by police over spot-fixing claims connecting to a test against England at Lord's last month.
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Three of these players have actually said 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 champion John Higgins was cleared of match-fixing claims, however was banned last week for six months for failing to report the prohibited method to him to throw frames.
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There are likewise two other continuing examinations - not associated 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 biggest online sporting exchanges.
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"If the sport is perceived as sincere, straight and fair that is great for wagering firms because individuals will invest cash betting with self-confidence," he states.
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"If you take the Pakistan claims, although unassociated to the UK managed betting market ... it is not really a favorable story for betting in the UK.
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"That is because the perception is that 'cricket is now something we may have to be mindful 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 professionals at a World Sports Law Report conference into [sports betting](http://1.234.44.55/bbs/board.php?bo_table=free&wr_id=498770), the focus needs to be on sportspersons and sportswomen.
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As Simon Taylor of the Professional Players' Federation points out: "The only individuals who can fix a match are the competitors or the referee."
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His organisation represents guys and women in 15 sports in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.
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He thinks that it is not sufficient to merely have deterrents, sanctions and disciplinary treatments, however that the method to tackle possible issues around gamers is also through education.
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Mr Taylor says guidelines need to be explained plainly to gamers with clear examples, and by individuals they appreciate.
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"Through informing gamers about sports betting you reinforce stability and that is in everybody's interest," he includes.
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"If gamers are more difficult to corrupt then sport will be harder to corrupt."
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'Brand damage'
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Matt Johnson, head of regulatory legal guidance at the Football Association, agrees.
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"Prevention is better than treatment, and we likewise make a point of telling players 'you are going to be captured'."
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"It is necessary that sport is straight, and is seen to be directly," he includes.
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"If it loses that then individuals don't want to wager, that is not in betting firms' interests, and it is not in our interests."
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He said that as soon as a great credibility was lost, the damage to a sport was "incalculable".
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FA rules suggest gamers are not enabled to wager on a competitors in which they are included.
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Mr Johnson states players have actually to be seen not to be capitalizing any inside knowledge, which he says could cause "brand damage" to football and its competitions.
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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.
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"We need to get over to players the reputational danger to the video game," he states. "Once confidence has actually been harmed it is tough to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" technique, then maybe 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 regulate industrial betting in Great Britain.
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has obligation for policing all betting in the UK apart from spread wagering, which is the remit of the FSA.
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"The frustrating bulk of sports wagering occurring through UK operators is legal and reasonable," he states.
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"But for some there is the temptation to ... corruptly interfere with the result of a sporting occasion.
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"Such unfaithful has the possible to weaken the stability of a sport, and it also damages the business interests of sports bodies and [sports betting](https://eng.worthword.com/bbs/board.php?bo_table=free&wr_id=1710128)."
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The commission has actually established an in-house [Sports Betting](https://sosyalanne.com/read-blog/2630_latest-ma-sports-betting-bill-features-massive-tax-boost-and-restriction-on-live.html) Intelligence Unit to get and disseminate information to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have actually experienced a considerable insight into world of corrupt sports betting," he says.
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"We will signal sports of our concerns, to assist avoid or reduce [illegal] activity"
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In May 2010, the commission also introduced a confidential telephone hotline for those with info or suspicions.
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'Vulnerabilities'
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But in a two-and-a-half year duration there has actually been simply one 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 continuous examinations, and that much useful details has likewise been passed to sports authorities.
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He stated that where an examination by a sport governing body was quicker, and more expense efficient, then the commission would think about discontinuing a criminal examination "in favour of letting sports governing bodies take the lead".
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Meanwhile, he says a number of those aiming to cheat the sports betting market were knowledgeable about sports and sporting individuals, and about wagering operations and the movement of cash.
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"They look for the vulnerabilities of these to help in their enterprises."
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