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Sport sports betting market aims to protect itself
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16 September 2010
By Bill Wilson
Business press reporter, BBC News
Betting on sport is substantial company.
Sport England estimates the value of costs on sport-related betting in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
And that figure is most likely to have actually grown even more, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summertime.
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Meanwhile, German research company Sport & Markt approximates the general international gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and sports betting gambling.
But when the of events are struck the gaming market suffers, and revenues are put under hazard if customers can not bet with self-confidence.
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And there can have been couple of higher-profile sport sports betting stories than those impacting cricket and snooker this year.
High-profile
As Sport & Markt's Gareth Moore observes: "Everyone discuss the sports betting market now.
"Not only is it a significant market in world business, it is one that is now on the front pages of newspapers."
Four Pakistan cricketers have been questioned by authorities over spot-fixing allegations relating to a test against England at Lord's last month.
Three of these players 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 allegations, but was prohibited last week for six months for stopping working to report the illegal technique to him to throw frames.
There are also 2 other continuing investigations - unrelated to Mr Higgins - into snooker.
'Honest'
David O'Reilly is legal counsel for Betfair, among the UK's greatest online sporting exchanges.
"If the sport is viewed as honest, straight and reasonable that is good for wagering companies due to the fact that individuals will spend cash betting with confidence," he states.
"If you take the Pakistan claims, although unrelated to the UK controlled wagering industry ... it is not actually a favorable story for wagering in the UK.
"That is due to the fact that the understanding is that 'cricket is now something we may have to be mindful about'."
'Education'
So what can be done to prevent future scandals?
According to specialists at a World sports betting Law Report conference into sports betting gambling, the focus has 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 believes that it is not sufficient to merely have deterrents, sanctions and disciplinary treatments, however that the method to take on prospective concerns around gamers is also through education.
Mr Taylor says guidelines require to be discussed plainly to players with clear examples, and by people they respect.
"Through informing gamers about sports betting you strengthen stability and that remains in everybody's interest," he includes.
"If gamers are more difficult to corrupt then sport will be harder to corrupt."
'Brand damage'
Matt Johnson, head of regulative legal guidance at the Football Association, agrees.
"Prevention is much better than cure, and we likewise make a point of informing gamers 'you are going to be captured'."
"It is imperative that sport is directly, and is seen to be straight," he includes.
"If it loses that then individuals don't wish to bet, that is not in gaming companies' interests, and it is not in our interests."
He stated that when an excellent reputation was lost, the damage to a sport was "enormous".
FA rules imply gamers are not enabled to bank on a competition in which they are included.
Mr Johnson states players need to be seen not to be capitalizing any inside knowledge, which he says could cause "brand name damage" to football and its competitors.
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So, even a 2nd 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.
"We need to overcome to players the reputational threat to the game," he says. "Once confidence has actually been harmed it is hard 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 betting in Great Britain.
An ex-chief constable of West Midlands cops, Mr Tofiluk has obligation for policing all sports betting in the UK apart from spread betting, which is the remit of the FSA.
"The frustrating majority of sports betting taking place through UK operators is legal and reasonable," he says.
"But for some there is the temptation to ... corruptly disrupt the outcome of a sporting event.
"Such cheating has the possible to weaken the stability of a sport, and it likewise hurts the commercial interests of sports betting bodies and sports betting wagering."
The commission has developed an in-house Sports Betting Intelligence Unit to receive and share information to sporting authorities, sports betting companies and policing authorities.
"Since 2007 we have actually experienced a considerable insight into world of corrupt sports betting wagering," he states.
"We will notify sports betting of our concerns, to assist prevent or cut [unlawful] activity"
In May 2010, the commission also introduced a personal telephone hotline for those with info or suspicions.
'Vulnerabilities'
But in a two-and-a-half year period there has been just 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 eight ongoing examinations, and that much useful information has actually likewise been passed to sports betting authorities.
He stated that where an investigation by a sport governing body was quicker, and more expense effective, then the commission would think about discontinuing a criminal examination "in favour of letting sports betting governing bodies take the lead".
Meanwhile, he states a number of those seeking to cheat the sports betting wagering market were knowledgeable about sports betting and sporting individuals, and about wagering operations and the movement 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
BLP
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Gambling Commission
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This will delete the page "Sport Betting Industry Wants To Protect Itself"
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