From 2198f30e583f346426e40fe566746a76641e6cca Mon Sep 17 00:00:00 2001 From: gxjsylvia6157 Date: Thu, 30 Jan 2025 22:45:10 +0000 Subject: [PATCH] Add Sport Betting Industry Wants To Protect Itself --- ...etting-Industry-Wants-To-Protect-Itself.md | 54 +++++++++++++++++++ 1 file changed, 54 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..73da8ef --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,54 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Betting on sport is big organization.
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Sport England approximates the value 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 actually grown further, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summer season.
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Meanwhile, German research firm Sport & Markt approximates the overall worldwide gambling market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and sports gaming.
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But when the integrity of occasions are struck the gambling market suffers, and revenues are put under danger if clients can not bet with confidence.
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And there can have been few higher-profile sport betting 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 discuss the [sports betting](https://www.sportfansunite.com/read-blog/1381_recent-ma-sports-betting-bill-includes-massive-tax-hike-amp-prohibition-on-live.html) market now.
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"Not only is it a substantial market in world company, 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 allegations connecting to a test versus England at Lord's last month.
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Three of these players have 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, however was banned last week for 6 months for stopping working to report the prohibited method to him to toss frames.
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There are likewise two other continuing examinations - 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 viewed as truthful, straight and reasonable that benefits betting companies because people will invest cash betting with self-confidence," he states.
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"If you take the Pakistan accusations, although unassociated to the UK controlled wagering industry ... it is not actually a positive story for betting in the UK.
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"That is because the understanding is that 'cricket is now something we may have to beware 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 betting](https://www.goodspeedcomputer.com/question/sport-betting-industry-wants-to-protect-itself/), the focus needs to be on sportspersons and sportswomen.
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As Simon Taylor of the Professional Players' Federation mentions: "The only people who can fix a match are the rivals or the referee."
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His organisation represents guys 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 inadequate to simply have deterrents, sanctions and disciplinary procedures, but that the method to tackle prospective issues around players is also through education.
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Mr Taylor says rules need to be described plainly to players with clear examples, and by people they respect.
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"Through informing players about [sports betting](https://test.inidea.co.kr/bbs/board.php?bo_table=free&wr_id=222750) you strengthen integrity which is in everybody's interest," he includes.
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"If gamers 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 treatment, and we likewise make a point of informing players 'you are going to be caught'."
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"It is crucial that sport is directly, and is seen to be directly," he adds.
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"If it loses that then people don't wish to wager, that is not in betting firms' interests, and it is not in our interests."
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He stated that as soon as a good track record was lost, the damage to a sport was "incalculable".
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FA rules indicate players are not permitted to bank on a competition in which they are included.
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Mr Johnson states gamers need to be seen not to be cashing in on any inside understanding, which he says might trigger "brand name damage" to football and its competitors.
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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 final the following spring.
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"We need to overcome to players the reputational risk to the video game," he states. "Once self-confidence has actually 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" method, then perhaps Nick Tofiluk, director of policy at the Gambling Commission, represents the "stick".
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The Gambling Commission was set up under the Gambling Act 2005 to manage industrial gaming in Great Britain.
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An ex-chief constable of 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 frustrating bulk of sports wagering occurring 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 event.
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"Such unfaithful has the prospective to undermine the stability of a sport, and it likewise damages the industrial interests of sports bodies and [sports betting](https://sbwiki.davnit.net/index.php/UK_Betting_Firms_Gamble_On_United_States_After_Sports_Wager_Ruling)."
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The commission has actually established an in-house Sports Betting Intelligence Unit to get and disseminate info to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have experienced a considerable insight into world of corrupt [sports betting](https://www.kv-work.co.kr/bbs/board.php?bo_table=free&wr_id=2163361)," he states.
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"We will notify sports of our concerns, to assist avoid or reduce [prohibited] activity"
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In May 2010, the commission likewise presented a confidential 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 period there has actually been just one prosecution, a 24-year-old male who was warned for cheating in relation to greyhound racing.
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However, Mr Tofiluk says there are still 8 ongoing investigations, which much helpful info has also 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 consider terminating a criminal examination "in favour of letting sports governing bodies take the lead".
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Meanwhile, he says a lot of those wanting to cheat the sports wagering industry were knowledgeable about sports and sporting individuals, and about betting operations and the movement of cash.
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"They look for the vulnerabilities of these to assist in their enterprises."
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