From ef07dd6cc2ccf3c714e5143e7860138daa08d1c4 Mon Sep 17 00:00:00 2001 From: elke39r8800639 Date: Wed, 29 Jan 2025 23:09:41 +0800 Subject: [PATCH] Add Sport Betting Industry Aims To Protect Itself --- ...Betting-Industry-Aims-To-Protect-Itself.md | 54 +++++++++++++++++++ 1 file changed, 54 insertions(+) create mode 100644 Sport-Betting-Industry-Aims-To-Protect-Itself.md 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..a49ec36 --- /dev/null +++ b/Sport-Betting-Industry-Aims-To-Protect-Itself.md @@ -0,0 +1,54 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Betting on sport is big business.
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Sport England approximates the value of costs on sport-related gambling 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 summertime.
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Meanwhile, German research firm Sport & Markt approximates the general worldwide betting 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 stability of occasions are hit the betting market suffers, and profits are put under danger if consumers can not bet with self-confidence.
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And there can have been few 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 just is it a significant market in world service, it is one that is now on the front pages of newspapers."
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Four Pakistan cricketers have been questioned by cops over spot-fixing claims relating to a test versus England at Lord's last month.
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Three of these players have actually stated they will likewise 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 allegations, however was banned last week for 6 months for failing to report the unlawful technique to him to throw frames.
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There are likewise 2 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 most significant online sporting exchanges.
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"If the sport is perceived as truthful, straight and reasonable that benefits wagering firms since people will spend cash wagering with confidence," he states.
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"If you take the Pakistan accusations, although unrelated to the UK controlled wagering market ... it is not actually a favorable story for betting in the UK.
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"That is due to the fact that the perception is that 'cricket is now something we might have to beware 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 Law Report conference into [sports betting](https://app.galaxiesunion.com/read-blog/17854_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html), the focus has to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation explains: "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 thinks that it is insufficient to merely have deterrents, sanctions and disciplinary procedures, however that the way to take on potential problems around gamers is also through education.
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Mr Taylor states rules need to be described clearly to gamers with clear examples, and by individuals they appreciate.
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"Through educating players about sports wagering you reinforce integrity and that remains in everyone's interest," he includes.
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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 regulative legal recommendations at the Football Association, concurs.
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"Prevention is much better than treatment, and we also make a point of informing players 'you are going to be captured'."
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"It is crucial that sport is directly, and is seen to be straight," he includes.
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"If it loses that then individuals do not desire to wager, that is not in gaming firms' interests, and it is not in our interests."
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He stated that as soon as an excellent credibility was lost, the damage to a sport was "enormous".
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FA rules mean gamers are not enabled to wager on a competition in which they are included.
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Mr Johnson states players have to be seen not to be cashing in on any inside knowledge, which he states could trigger "brand damage" to football and its competitors.
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So, even a Second Division gamer knocked out of the FA Cup in the autumn can not bet 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 says. "Once confidence has been damaged it is tough to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" approach, then possibly Nick Tofiluk, director of policy at the Gambling Commission, represents the "stick".
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The Gambling Commission was established under the Gambling Act 2005 to control industrial gaming in Great Britain.
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An ex-chief constable of West Midlands police, Mr Tofiluk has duty for policing all betting in the UK apart from spread betting, which is the remit of the FSA.
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"The overwhelming bulk of sports wagering taking location through UK operators is legal and reasonable," 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 unfaithful has the possible to weaken the stability of a sport, and it likewise hurts the business interests of sports bodies and [sports betting](https://sfqatest.sociofans.com/read-blog/2051_sport-betting-industry-seeks-to-protect-itself.html)."
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The commission has developed an in-house [Sports Betting](https://redebuck.com.br/read-blog/24885_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) Intelligence Unit to receive and distribute details to sporting authorities, betting firms and policing authorities.
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"Since 2007 we have experienced a substantial insight into world of corrupt [sports betting](https://chowpatti.com/read-blog/25091_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html)," he says.
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"We will signal [sports betting](https://personal.spaces.one/read-blog/4051_cover-the-bases-sports-betting-news-and-notes-from-the-past-week.html) of our issues, to assist prevent or curtail [unlawful] 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 duration there has actually been just one prosecution, a 24-year-old guy who was warned for unfaithful in relation to greyhound racing.
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However, Mr Tofiluk states there are still eight continuous investigations, which much useful information has also been passed to sports authorities.
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He said that where an investigation by a sport governing body was quicker, and more expense effective, then the commission would think about discontinuing a criminal investigation "in favour of letting sports governing bodies take the lead".
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Meanwhile, he says a lot of those seeking to cheat the sports wagering market were knowledgeable about sports and sporting individuals, and about betting operations and the motion of cash.
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"They look for the vulnerabilities of these to help in their enterprises."
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