commit f957f2016caa43cf43ebec74bb7b200c4401ea1d Author: lzsjefferson0 Date: Wed Jan 29 22:57:49 2025 +0800 Add Sport Betting Industry Aims To Protect Itself 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..0e3e772 --- /dev/null +++ b/Sport-Betting-Industry-Aims-To-Protect-Itself.md @@ -0,0 +1,54 @@ +
Betting on sport is huge business.
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Sport England estimates the worth of costs on sport-related betting in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
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Which figure is most likely to have grown further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer season.
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Meanwhile, German research study firm Sport & Markt estimates the overall global betting market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and sports gambling.
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But when the integrity of occasions are hit the betting market suffers, and revenues are put under threat if consumers can not wager with 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 talks about the sports gambling market now.
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"Not only is it a considerable market in world business, it is one that is now on the front pages of papers."
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Four Pakistan cricketers have actually been questioned by authorities over spot-fixing claims relating to a test against England at Lord's last month.
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Three of these gamers have stated they will also challenge the corruption charges installed 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 accusations, but was prohibited last week for 6 months for failing to report the prohibited technique to him to toss frames.
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There are also two 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 greatest online sporting exchanges.
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"If the sport is viewed as truthful, straight and fair that is good for wagering companies due to the fact that individuals will invest money betting with self-confidence," he states.
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"If you take the Pakistan accusations, although unassociated to the UK managed betting market ... it is not really a positive 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 take care about'."
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'Education'
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So what can be done to avoid future scandals?
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According to professionals at a World Sports Law Report conference into sports gambling, the focus has to be on sportsmen 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 males and females in 15 sports in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.
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He believes that it is not adequate to merely have deterrents, sanctions and disciplinary procedures, but that the way to tackle potential problems around gamers is also through education.
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Mr Taylor states rules require to be explained plainly to gamers with clear examples, and by individuals they respect.
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"Through educating players about [sports betting](https://lgbtqia.network/read-blog/187775_cover-the-bases-sports-betting-news-and-notes-from-the-past-week.html) you reinforce stability which remains in everyone's interest," he adds.
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"If players are harder 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 much 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 straight, and is seen to be directly," he adds.
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"If it loses that then people don't wish to bet, that is not in betting companies' interests, and it is not in our interests."
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He stated that when a great credibility was lost, the damage to a sport was "enormous".
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FA rules mean players are not permitted to bet on a competition in which they are included.
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Mr Johnson says players have to be seen not to be capitalizing any inside understanding, which he says might cause "brand name damage" to football and its competitors.
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So, even a 2nd Division player knocked out of the FA Cup in the autumn can not wager on a Manchester United v Chelsea cup last the following spring.
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"We need to get over to players the reputational threat to the video game," he states. "Once confidence has been harmed it is hard 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 regulate industrial gaming in Great Britain.
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An ex-chief constable of West Midlands police, Mr Tofiluk has duty 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 occurring through UK operators is legal and reasonable," he states.
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"But for some there is the temptation to ... corruptly disrupt the outcome of a sporting occasion.
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"Such unfaithful has the prospective to weaken the integrity of a sport, and it likewise damages the industrial interests of sports bodies and sports betting."
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The commission has actually developed an internal [Sports Betting](https://wiki.fablabbcn.org/Sport_Betting_Industry_Aims_To_Protect_Itself) Intelligence Unit to get and share information to sporting authorities, wagering companies and policing authorities.
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"Since 2007 we have experienced a significant insight into world of corrupt [sports betting](http://rgo4u.com/bbs/board.php?bo_table=free&wr_id=105714)," he states.
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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 likewise introduced a personal telephone hotline for those with information or suspicions.
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'Vulnerabilities'
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But in a two-and-a-half year period there has actually been just one prosecution, a 24-year-old guy who was cautioned for cheating in relation to greyhound racing.
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However, Mr Tofiluk says there are still 8 ongoing investigations, and that much helpful info has likewise been passed to sports authorities.
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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 investigation "in favour of letting sports governing bodies take the lead".
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Meanwhile, he states a lot of those looking to cheat the [sports betting](https://sportysocialspace.com/read-blog/13794_new-massachusetts-sports-betting-proposal-includes-significant-tax-increase-amp.html) industry were well-informed about sports and sporting individuals, and about wagering operations and the movement of money.
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"They look for the vulnerabilities of these to help in their enterprises."
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