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Sport wagering market looks to secure itself
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16 September 2010
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By Bill Wilson
Business reporter, BBC News
sports betting on sport is huge service.
Sport England estimates the value of costs on sport-related gaming in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
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.
Meanwhile, German research study firm Sport & Markt approximates the total international sports betting market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and sports betting gaming.
But when the stability of occasions are struck the sports betting industry suffers, and revenues are put under hazard if clients can not wager with self-confidence.
And there can have been few higher-profile sport betting stories than those affecting cricket and snooker this year.
High-profile
As Sport & Markt's Gareth Moore observes: "Everyone talks about the sports betting market now.
"Not only is it a considerable market in world organization, it is one that is now on the front pages of newspapers."
Four Pakistan cricketers have actually been questioned by police over spot-fixing accusations connecting to a test against England at Lord's last month.
Three of these gamers have said they will also challenge the corruption charges installed versus the trio by the sport governing body the International Cricket Council.
Meanwhile, three-times snooker world champ John Higgins was cleared of match-fixing claims, but was banned last week for 6 months for failing to report the illegal method to him to toss frames.
There are also two other continuing investigations - not related to Mr Higgins - into snooker.
'Honest'
David O'Reilly is legal counsel for Betfair, one of the UK's biggest online sporting exchanges.
"If the sport is perceived as sincere, straight and fair that benefits betting firms because people will spend cash wagering with self-confidence," he says.
"If you take the Pakistan allegations, although unassociated to the UK controlled wagering market ... it is not actually a favorable story for betting in the UK.
"That is since the understanding is that 'cricket is now something we might have to be cautious about'."
'Education'
So what can be done to prevent future scandals?
According to experts at a World sports betting Law Report conference into sports betting, the focus needs to be on sportsmen and sportswomen.
As Simon Taylor of the Professional Players' Federation mentions: "The only people who can fix 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 player organisations, such as the Professional Footballers' Association.
He thinks that it is insufficient to simply have deterrents, sanctions and disciplinary treatments, however that the method to tackle prospective concerns around players is also through education.
Mr Taylor says rules require to be discussed plainly to players with clear examples, and by people they respect.
"Through educating gamers about sports betting wagering you strengthen integrity and that is in everybody's interest," he includes.
"If players are more difficult to corrupt then sport will be more difficult to corrupt."
'Brand damage'
Matt Johnson, head of regulative legal recommendations at the Football Association, concurs.
"Prevention is better than cure, and we likewise make a point of telling players 'you are going to be caught'."
"It is vital that sport is straight, and is seen to be straight," he includes.
"If it loses that then individuals do not desire to bet, that is not in sports betting companies' interests, and it is not in our interests."
He stated that as soon as a good reputation was lost, the damage to a sport was "enormous".
FA guidelines indicate gamers are not enabled to bank on a competition in which they are included.
Mr Johnson says players have actually to be seen not to be cashing in on any inside understanding, which he states might trigger "brand name damage" to football and its competitors.
So, even a 2nd Division player knocked out of the FA Cup in the autumn can not bank on a Manchester United v Chelsea cup last the following spring.
"We have to overcome to players the reputational danger to the game," he states. "Once confidence has actually been harmed it is tough to get it back - mud sticks."
'Overwhelmingly legal'
If this represents the "carrot" technique, then maybe 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 industrial sports betting in Great Britain.
An ex-chief constable of West Midlands authorities, Mr Tofiluk has responsibility for policing all in the UK apart from spread betting, which is the remit of the FSA.
"The frustrating bulk of sports betting wagering occurring through UK operators is legal and fair," he says.
"But for some there is the temptation to ... corruptly interfere with the outcome of a sporting occasion.
"Such cheating has the prospective to undermine the stability of a sport, and it also hurts the business interests of sports betting bodies and sports betting wagering."
The commission has established an internal Sports Betting Intelligence Unit to receive and distribute info to sporting authorities, wagering companies and policing authorities.
"Since 2007 we have experienced a considerable insight into world of corrupt sports betting wagering," he states.
"We will signal sports betting of our concerns, to help avoid or curtail [unlawful] activity"
In May 2010, the commission likewise presented a private telephone hotline for those with details or suspicions.
'Vulnerabilities'
But in a two-and-a-half year duration there has been simply one criminal prosecution, a 24-year-old guy who was warned for cheating in relation to greyhound racing.
However, Mr Tofiluk says there are still 8 continuous examinations, which much beneficial details has actually likewise been passed to sports betting authorities.
He said that where an examination by a sport governing body was quicker, and more cost reliable, then the commission would think about terminating a criminal investigation "in favour of letting sports betting governing bodies take the lead".
Meanwhile, he says a lot of those looking to cheat the sports betting wagering market were educated about sports betting and sporting individuals, and about sports betting operations and the motion of money.
"They look for the vulnerabilities of these to assist in their enterprises."
Related web links
World sports betting Law Report
ICC
Professional Players Federation
Professional Footballers' Association
The FA
Betfair
Sport & Markt
bit.ly
BLP
Gambling Commission
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