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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 substantial organization.
Sport England estimates 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.
Meanwhile, German research study firm Sport & Markt approximates the overall global sports betting market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and sports betting.
But when the integrity of occasions are struck the gambling market suffers, and earnings are put under risk if clients can not wager with self-confidence.
And there can have been few higher-profile sport wagering stories than those affecting cricket and snooker this year.
High-profile
As Sport & Markt's Gareth Moore observes: "Everyone speak about the sports betting market now.
"Not just is it a substantial market in world service, it is one that is now on the front pages of newspapers."
Four Pakistan cricketers have actually been questioned by authorities over spot-fixing claims associating with a test versus England at Lord's last month.
Three of these players have said they will also challenge the corruption charges mounted against 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 recently for 6 months for stopping working to report the prohibited technique to him to throw frames.
There are also two other continuing examinations - not associated to Mr Higgins - into snooker.
'Honest'
David O'Reilly is legal counsel for Betfair, among the UK's biggest online sporting exchanges.
"If the sport is viewed as truthful, straight and reasonable that is good for sports betting companies since individuals will invest money wagering with confidence," he states.
"If you take the Pakistan claims, although unrelated to the UK managed wagering market ... it is not truly a favorable story for wagering in the UK.
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"That is because the perception is that 'cricket is now something we may have to beware about'."
'Education'
So what can be done to avoid future scandals?
According to professionals at a World sports betting Law Report conference into sports betting gambling, the focus has to be on sportspersons and sportswomen.
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As Simon Taylor of the Professional Players' Federation explains: "The only people who can fix a match are the competitors 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 procedures, but that the method to deal with prospective issues around players is also through education.
Mr Taylor states rules require to be discussed plainly to players with clear examples, and by people they appreciate.
"Through educating gamers about sports betting you enhance stability which remains in everyone's interest," he adds.
"If gamers are harder to corrupt then sport will be harder to corrupt."
'Brand damage'
Matt Johnson, head of regulatory legal advice at the Football Association, agrees.
"Prevention is much better than treatment, and we likewise make a point of informing gamers 'you are going to be caught'."
"It is crucial that sport is directly, and is seen to be straight," he adds.
"If it loses that then individuals don't wish to bet, that is not in sports betting firms' 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 "incalculable".
FA guidelines imply players are not allowed to bank on a competition in which they are involved.
Mr Johnson says gamers have actually 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.
So, even a 2nd 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 have to overcome to players the reputational threat to the game," he states. "Once self-confidence has been damaged it is difficult to get it back - mud sticks."
'Overwhelmingly legal'
If this represents the "carrot" approach, 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 regulate business gaming in Great Britain.
An ex-chief constable of West Midlands authorities, Mr Tofiluk has responsibility for policing all sports betting in the UK apart from spread sports betting, which is the remit of the FSA.
"The overwhelming majority of sports betting wagering happening through UK operators is legal and fair," he states.
"But for some there is the temptation to ... corruptly interfere with the result of a sporting occasion.
"Such cheating has the prospective to weaken the integrity of a sport, and it also hurts the business interests of sports betting bodies and sports betting."
The commission has actually developed an in-house Sports Betting Intelligence Unit to get and share information to sporting authorities, sports betting companies and policing authorities.
"Since 2007 we have actually experienced a considerable insight into world of sports betting," he states.
"We will alert sports betting of our issues, to assist avoid or cut [prohibited] activity"
In May 2010, the commission likewise introduced a confidential telephone hotline for those with info or suspicions.
'Vulnerabilities'
But in a two-and-a-half year period there has actually been just one criminal prosecution, a 24-year-old man who was warned for cheating in relation to greyhound racing.
However, Mr Tofiluk says there are still 8 ongoing investigations, which much useful 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 efficient, then the commission would consider discontinuing a criminal investigation "in favour of letting sports betting governing bodies take the lead".
Meanwhile, he states numerous of those wanting to cheat the sports betting industry were experienced about sports betting and sporting people, and about sports betting operations and the movement of money.
"They look for out the vulnerabilities of these to help in their business."
Related internet 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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