From 89c88ae3bec5edccc9d818fc9e5831e37b110f97 Mon Sep 17 00:00:00 2001 From: lukasmacnamara Date: Tue, 31 Dec 2024 21:10:37 +0800 Subject: [PATCH] Add Sport Betting Industry Wants To Protect Itself --- ...etting-Industry-Wants-To-Protect-Itself.md | 68 +++++++++++++++++++ 1 file changed, 68 insertions(+) create mode 100644 Sport-Betting-Industry-Wants-To-Protect-Itself.md diff --git a/Sport-Betting-Industry-Wants-To-Protect-Itself.md b/Sport-Betting-Industry-Wants-To-Protect-Itself.md new file mode 100644 index 0000000..8dce9e7 --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Sport [sports betting](https://sfqatest.sociofans.com/read-blog/710_things-you-need-to-know-about-rafting-adventures.html) market looks to protect 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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[sports betting](https://sensualmarketplace.com/read-blog/6714_how-are-betting-odds-calculated.html) on sport is big company.
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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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Which figure is likely to have actually 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 study firm Sport & Markt estimates the general worldwide gaming market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://wiki.tld-wars.space/index.php/Utilisateur:TaneshaSchippers) gambling.
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But when the stability of occasions are hit the gambling industry suffers, and earnings are put under threat if consumers can not bet 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 discuss the [sports betting](https://twoplustwoequal.com/read-blog/58958_enhance-your-business-opportunities-with-efficient-sports-apps.html) market now.
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"Not only is it a considerable market in world company, it is one that is now on the front pages of newspapers."
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Four Pakistan cricketers have been questioned by authorities 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 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 claims, however was prohibited recently for 6 months for failing to report the illegal method to him to toss frames.
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There are also 2 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 [sports betting](https://aceme.ink/read-blog/1663_missouri-sports-betting-ballot-measure-approved-by-voters.html) with self-confidence," he states.
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"If you take the Pakistan accusations, although unassociated to the UK managed [sports betting](http://famedoot.in/read-blog/93_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) industry ... it is not truly a favorable story for in the UK.
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"That is since the understanding is that 'cricket is now something we might need to be cautious 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://bigtoc.com/read-blog/8936_how-to-withdraw-from-bet9ja-8-step-guide-to-cash-in-your-wins.html) Law Report conference into [sports betting](https://mediawiki1263.00web.net/index.php/User:MargaritaAldridg), 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 repair a match are the rivals or the referee."
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His organisation represents males and females in 15 [sports betting](https://doum.cn/read-blog/1927_how-to-play-bet9ja-online.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 not adequate to merely have deterrents, sanctions and disciplinary procedures, but that the way to deal with prospective problems around gamers is also through education.
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Mr Taylor states guidelines require to be discussed plainly to players with clear examples, and by people they respect.
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"Through educating gamers about [sports betting](https://alkhuld.org/score-big-wins-how-sports-betting-software-drives-growth-and-engagement/) you enhance integrity and that remains in everybody's interest," he adds.
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"If players 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 recommendations at the Football Association, concurs.
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"Prevention is much better than remedy, and we likewise make a point of informing gamers 'you are going to be caught'."
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"It is important that sport is straight, and is seen to be straight," he adds.
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"If it loses that then people do not wish to bet, that is not in gambling companies' interests, and it is not in our interests."
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He said that as soon as an excellent credibility was lost, the damage to a sport was "incalculable".
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FA rules indicate players are not permitted to bank on a competitors in which they are included.
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Mr Johnson states players need to be seen not to be cashing in on any inside understanding, which he states could trigger "brand damage" to football and its competitions.
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So, even a 2nd Division gamer 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 overcome to gamers the reputational risk to the 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" technique, then maybe Nick Tofiluk, director of regulation at the Gambling Commission, represents the "stick".
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The Gambling Commission was set up under the Gambling Act 2005 to control commercial gambling in Great Britain.
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An ex-chief constable of West Midlands police, Mr Tofiluk has responsibility for policing all wagering in the UK apart from spread wagering, which is the remit of the FSA.
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"The overwhelming bulk of [sports betting](http://wiki-tb-service.com/index.php?title=Benutzer:YolandaVillalobo) taking location through UK operators is legal and fair," he says.
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"But for some there is the temptation to ... corruptly hinder the result of a sporting occasion.
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"Such cheating has the possible to weaken the integrity of a sport, and it also damages the business interests of [sports betting](https://miderde.de/index.php?title=Benutzer:AlisiaRasp595) bodies and [sports betting](https://cozwo.com/read-blog/8639_online-betting-firms-gamble-on-soccer-mad-nigeria.html) wagering."
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The commission has actually developed an internal [Sports Betting](https://sahabatcasn.com/read-blog/77_the-ins-and-outs-of-betting-on-the-nfl-draft.html) Intelligence Unit to receive and distribute information to sporting authorities, [sports betting](https://www.grandtribunal.org/wiki/User:Brad415495860) firms and policing authorities.
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"Since 2007 we have actually experienced a considerable insight into world of corrupt [sports betting](https://younivix.com/read-blog/29902_the-ins-and-outs-of-betting-on-the-nfl-draft.html)," he says.
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"We will notify [sports betting](https://vodagram.com/index.php?link1=read-blog&id=376_the-ins-and-outs-of-betting-on-the-nfl-draft.html) of our issues, to assist prevent or curtail [illegal] activity"
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In May 2010, the commission also presented 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 period there has been just one prosecution, a 24-year-old man who was warned for cheating in relation to greyhound racing.
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However, Mr Tofiluk states there are still eight continuous examinations, and that much useful details has likewise been passed to [sports betting](https://projectblueberryserver.com/index.php/User:ValenciaLavallee) authorities.
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He stated that where an examination by a sport governing body was quicker, and more cost efficient, then the commission would consider stopping a criminal examination "in favour of letting [sports betting](https://wiki.tld-wars.space/index.php/Utilisateur:GeorgiaEsters6) governing bodies take the lead".
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Meanwhile, he states a number of those aiming to cheat the [sports betting](https://demo.shoudyhosting.com/qtoa/?qa=86959/sports-minister-tracey-crouch-resigns-delay-betting-crackdown) industry were well-informed about [sports betting](https://miderde.de/index.php?title=Benutzer:GavinAaron) and sporting individuals, and about [sports betting](https://www.opentx.cz/index.php/U%C5%BEivatel:VIXAndreas) operations and the motion of money.
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"They look for the vulnerabilities of these to assist in their business."
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Related internet links
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World [sports betting](https://seenoor.com/read-blog/439_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.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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