From 713db1e843d287b730727a82c914b397c53ede93 Mon Sep 17 00:00:00 2001 From: elicarron20818 Date: Wed, 18 Dec 2024 16:19:45 +0100 Subject: [PATCH] Add Sport Betting Industry Aims To Protect Itself --- ...Betting-Industry-Aims-To-Protect-Itself.md | 69 +++++++++++++++++++ 1 file changed, 69 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..580058c --- /dev/null +++ b/Sport-Betting-Industry-Aims-To-Protect-Itself.md @@ -0,0 +1,69 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Sport [sports betting](https://islider.ru/read-blog/36670_how-to-play-bet9ja-online.html) industry looks to secure itself
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16 September 2010
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By Bill Wilson
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Business reporter, BBC News
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[sports betting](https://mxlinkin.mimeld.com/read-blog/672_online-betting-firms-gamble-on-soccer-mad-nigeria.html) on sport is huge service.
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Sport England estimates the worth of costs on sport-related gaming 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 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 firm Sport & Markt approximates the total international [sports betting](http://woorichat.com/read-blog/10307_things-you-need-to-understand-about-rafting-adventures.html) market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://genzkenya.co.ke/read-blog/110_begin-winning-with-pcg-college-football-picks.html).
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But when the stability of events are hit the gambling market suffers, and revenues are put under danger if customers can not wager with confidence.
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And there can have been few higher-profile sport [sports betting](https://santosfcfansclub.com/read-blog/7361_enhance-your-business-opportunities-with-efficient-sports-apps.html) 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 betting](https://miderde.de/index.php?title=Benutzer:SavannahODonovan) gambling market now.
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"Not only is it a substantial market in world organization, 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 claims relating to a test versus England at Lord's last month.
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Three of these gamers have stated they will also challenge the corruption charges installed versus 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 claims, but was banned recently for six months for stopping working to report the illegal method to him to toss frames.
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There are likewise two 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 greatest online sporting exchanges.
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"If the sport is perceived as honest, straight and fair that is excellent for [sports betting](https://ask.onekeeitsolutions.com/index.php?qa=86524&qa_1=begin-winning-with-pcg-college-football-picks) firms since people will spend money wagering with self-confidence," he states.
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"If you take the Pakistan claims, although unrelated to the UK managed [sports betting](https://ai.tienda/read-blog/7264_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) market ... it is not really a positive story for [sports betting](https://bayer04leverkusenfansclub.com/read-blog/10391_sport-betting-industry-aims-to-protect-itself.html) in the UK.
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"That is due to the fact that the perception 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 prevent future scandals?
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According to experts at a World [sports betting](https://ai.tienda/read-blog/7248_for-sports-gambling-to-be-legalised.html) Law Report conference into [sports betting](https://social.engagepure.com/read-blog/795_how-to-attract-users-to-my-fantasy-sports-platform.html), the focus needs to be on sportsmen 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 competitors or the referee."
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His organisation represents males and females in 15 [sports betting](https://parentingliteracy.com/wiki/index.php/User:ZakDavenport51) in the UK, being an umbrella organisation for all player 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, however that the method to tackle possible concerns around gamers is likewise through education.
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Mr Taylor states rules need to be described plainly to gamers with clear examples, and by individuals they respect.
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"Through educating gamers about [sports betting](https://edenhazardclub.com/read-blog/10254_how-to-play-bet9ja-online.html) wagering you enhance stability and that is in everybody's interest," he adds.
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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 guidance at the Football Association, concurs.
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"Prevention is much better than treatment, and we also make a point of informing gamers 'you are going to be caught'."
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"It is necessary that sport is straight, and is seen to be straight," he includes.
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"If it loses that then people don't wish to bet, that is not in gaming companies' interests, and it is not in our interests."
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He said that once a good track record was lost, the damage to a sport was "incalculable".
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FA rules imply gamers are not allowed to bet on a competitors in which they are included.
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Mr Johnson says gamers need to be seen not to be cashing in on any inside understanding, which he states could trigger "brand name damage" to football and its [competitors](https://naijamatta.com/read-blog/34759_how-to-play-bet9ja-online.html).
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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 final the following spring.
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"We need to get over to players the reputational danger to the game," he states. "Once confidence has actually been harmed it is difficult to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" technique, then possibly 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 business gaming in Great Britain.
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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.
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"The frustrating majority of [sports betting](https://werderbremenfansclub.com/read-blog/14073_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html) wagering occurring through UK operators is legal and fair," he states.
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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 the stability of a sport, and it likewise damages the industrial interests of [sports betting](https://coptr.digipres.org/index.php/User:DeborahKreider0) bodies and [sports betting](https://anthonymartialclub.com/read-blog/8815_the-ins-and-outs-of-betting-on-the-nfl-draft.html)."
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The commission has established an in-house [Sports Betting](https://myquora.myslns.com/index.php?qa=39737&qa_1=things-you-need-to-learn-about-rafting-adventures) Intelligence Unit to get and disseminate info to sporting authorities, wagering companies and policing authorities.
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"Since 2007 we have actually experienced a significant insight into world of corrupt [sports betting](https://linkpiz.com/vn/13895/betting-firms-gamble-united-states-after-sports-wager-ruling) wagering," he says.
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"We will notify [sports betting](https://cheere.org/read-blog/36278_online-betting-firms-gamble-on-soccer-mad-nigeria.html) of our concerns, to help avoid or reduce [unlawful] activity"
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In May 2010, the commission likewise introduced a personal 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 male who was warned for cheating in relation to greyhound racing.
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However, Mr Tofiluk says there are still 8 continuous investigations, and that much beneficial information has actually also been passed to [sports betting](https://werderbremenfansclub.com/read-blog/14059_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) authorities.
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He stated that where an investigation by a sport governing body was quicker, and more cost effective, then the commission would think about ceasing a criminal examination "in favour of letting [sports betting](http://it-viking.ch/index.php/User:EugeniaTimperley) governing bodies take the lead".
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Meanwhile, he states a lot of those looking to cheat the [sports betting](https://olps.co.za/wiki/User:WinnieTeichelman) market were educated about [sports betting](https://chelseafansclub.com/read-blog/13175_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html) and sporting people, and about wagering operations and the motion of cash.
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"They look for the vulnerabilities of these to assist in their enterprises."
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Related web links
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World [sports betting](https://taar.me/read-blog/8429_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) Law Report
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ICC
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Professional Players Federation
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Professional Footballers' Association
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The FA
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Betfair
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Sport & Markt
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BLP
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Gambling Commission
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The BBC is not accountable for the material of external sites.
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