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Sport betting market wants to secure itself
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16 September 2010
By Bill Wilson
Business reporter, BBC News
sports betting on sport is substantial company.
Sport England approximates the value of spending on sport-related sports betting 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 actually grown further, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summer season.
Meanwhile, German research company Sport & Markt the general global sports betting market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and sports betting gaming.
But when the stability of occasions are hit the gambling industry suffers, and revenues are put under risk if clients can not bet with self-confidence.
And there can have been couple of higher-profile sport wagering stories than those impacting cricket and snooker this year.
High-profile
As Sport & Markt's Gareth Moore observes: "Everyone discuss the sports betting gambling market now.
"Not only is it a substantial market in world company, it is one that is now on the front pages of papers."
Four Pakistan cricketers have been questioned by cops over spot-fixing accusations associating with a test against England at Lord's last month.
Three of these players have said they will likewise challenge the corruption charges installed against the trio by the sport governing body the International Cricket Council.
Meanwhile, three-times snooker world champion John Higgins was cleared of match-fixing allegations, but was prohibited recently for six months for stopping working to report the unlawful method to him to toss frames.
There are likewise 2 other continuing examinations - unrelated to Mr Higgins - into snooker.
'Honest'
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David O'Reilly is legal counsel for Betfair, among the UK's most significant online sporting exchanges.
"If the sport is perceived as truthful, straight and reasonable that benefits wagering companies because individuals will invest cash wagering with confidence," he says.
"If you take the Pakistan claims, although unrelated to the UK controlled wagering market ... it is not truly a positive story for wagering in the UK.
"That is since the perception is that 'cricket is now something we might have to be mindful about'."
'Education'
So what can be done to avoid future scandals?
According to experts at a World sports betting Law Report conference into sports betting gambling, the focus has to be on sportspersons and sportswomen.
As Simon Taylor of the Professional Players' Federation explains: "The only individuals who can repair a match are the rivals or the referee."
His organisation represents males and females in 15 sports betting in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.
He thinks that it is inadequate to simply have deterrents, sanctions and disciplinary procedures, but that the way to take on potential concerns around players is likewise through education.
Mr Taylor states rules require to be discussed clearly to gamers with clear examples, and by individuals they appreciate.
"Through informing players about sports betting you reinforce integrity and that remains in everybody's interest," he adds.
"If players are harder to corrupt then sport will be harder to corrupt."
'Brand damage'
Matt Johnson, head of regulatory legal guidance at the Football Association, agrees.
"Prevention is much better than remedy, and we likewise make a point of telling gamers 'you are going to be captured'."
"It is essential that sport is directly, and is seen to be straight," he adds.
"If it loses that then people do not desire to wager, that is not in gaming companies' interests, and it is not in our interests."
He said that once a good track record was lost, the damage to a sport was "incalculable".
FA rules indicate gamers are not enabled to wager on a competitors in which they are involved.
Mr Johnson states gamers need to be seen not to be cashing in on any inside knowledge, which he states could cause "brand damage" to football and its competitors.
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.
"We need to get over to players the reputational danger to the game," he says. "Once self-confidence has been damaged it is tough to get it back - mud sticks."
'Overwhelmingly legal'
If this represents the "carrot" method, then possibly Nick Tofiluk, director of guideline at the Gambling Commission, represents the "stick".
The Gambling Commission was set up under the Gambling Act 2005 to manage commercial gambling in Great Britain.
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.
"The frustrating bulk of sports betting happening through UK operators is legal and fair," he says.
"But for some there is the temptation to ... corruptly hinder the result of a sporting occasion.
"Such unfaithful has the prospective to undermine the stability of a sport, and it also hurts the business interests of sports betting bodies and sports betting."
The commission has established an internal Sports Betting Intelligence Unit to receive and disseminate details to sporting authorities, sports betting firms and policing authorities.
"Since 2007 we have actually experienced a considerable insight into world of corrupt sports betting," he says.
"We will inform sports betting of our issues, to help prevent or reduce [illegal] activity"
In May 2010, the commission also introduced a private telephone hotline for those with information or suspicions.
'Vulnerabilities'
But in a two-and-a-half year period there has been just one prosecution, a 24-year-old male who was warned for cheating in relation to greyhound racing.
However, Mr Tofiluk says there are still 8 continuous investigations, which much useful information has actually likewise been passed to sports betting authorities.
He stated that where an examination by a sport governing body was quicker, and more expense reliable, then the commission would think about ceasing a criminal examination "in favour of letting sports betting governing bodies take the lead".
Meanwhile, he states much of those wanting to cheat the sports betting market were experienced about sports betting and sporting individuals, and about wagering operations and the motion of money.
"They seek out the vulnerabilities of these to assist in their business."
Related web links
World sports betting Law Report
ICC
Professional Players Federation
Professional Footballers' Association
The FA
Betfair
Sport & Markt
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BLP
Gambling Commission
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