commit b8282472e3de88331e886a72f8a6970ad7fff667 Author: bernardfrierso Date: Wed Jan 1 01:11:29 2025 +0800 Add Sport Betting Industry Aims To Protect Itself 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..7b85197 --- /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 wagering market aims to secure itself
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16 September 2010
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By Bill Wilson
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Business press reporter, BBC News
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[sports betting](https://miderde.de/index.php?title=Benutzer:GavinAaron) on sport is substantial business.
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Sport England approximates the worth 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 most likely to have grown further, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summer season.
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Meanwhile, German research company Sport & Markt approximates the total worldwide [sports betting](https://taar.me/read-blog/8448_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://www.heesah.com/read-blog/2081_how-to-withdraw-from-bet9ja-8-step-guide-to-cash-in-your-wins.html).
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But when the stability of events are hit the gaming market suffers, and profits are put under hazard if customers can not wager with self-confidence.
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And there can have been couple of higher-profile sport wagering [stories](https://miderde.de/index.php?title=Benutzer:Junior83E61) than those impacting cricket and snooker this year.
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High-profile
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As Sport & Markt's Gareth Moore observes: "Everyone speak about the [sports betting](https://chateando.net/read-blog/228_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) market now.
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"Not only is it a considerable 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 police over spot-fixing claims connecting to a test against England at Lord's last month.
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Three of these gamers have actually 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 champ John Higgins was cleared of match-fixing claims, however was prohibited recently for 6 months for failing to report the unlawful approach to him to throw frames.
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There are also two other continuing investigations - not related to Mr Higgins - into snooker.
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'Honest'
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David O'Reilly is legal counsel for Betfair, among the UK's most significant online sporting exchanges.
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"If the sport is viewed as honest, straight and reasonable that is excellent for wagering companies because individuals will invest cash wagering with self-confidence," he says.
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"If you take the Pakistan accusations, although unassociated to the UK controlled wagering market ... it is not truly a favorable story for wagering in the UK.
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"That is due to the fact that the understanding is that 'cricket is now something we might have to be mindful 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://friendza.enroles.com/read-blog/31585_things-you-need-to-understand-about-rafting-adventures.html) Law Report conference into [sports betting](http://video.firstkick.live/read-blog/4663_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) gambling, the focus has to be on sportspersons and sportswomen.
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As Simon Taylor of the Professional Players' Federation points out: "The only individuals who can fix a match are the competitors or the referee."
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His organisation represents males and ladies in 15 [sports betting](https://www.buzzgate.net/read-blog/503_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.
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He believes that it is insufficient to merely have deterrents, sanctions and disciplinary procedures, but that the method to tackle potential issues around gamers is likewise through education.
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Mr Taylor says rules require to be discussed plainly to players with clear examples, and by people they appreciate.
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"Through educating gamers about [sports betting](https://iuridictum.pecina.cz/w/U%C5%BEivatel:KariSherrard7) you strengthen integrity and that remains in everyone's interest," he adds.
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"If players are harder to corrupt then sport will be harder to corrupt."
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'Brand damage'
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Matt Johnson, head of regulatory legal advice at the Football Association, agrees.
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"Prevention is much better than remedy, and we likewise make a point of informing players 'you are going to be caught'."
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"It is essential that sport is directly, and is seen to be directly," he adds.
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"If it loses that then individuals don't want to bet, that is not in [sports betting](https://wiki.monnaie-libre.fr/wiki/Utilisateur:Vonnie9566) firms' interests, and it is not in our interests."
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He said that once a good credibility was lost, the damage to a sport was "enormous".
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FA rules mean gamers are not enabled to bet on a competition in which they are included.
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Mr [Johnson](https://realhindu.in/read-blog/21356_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) says players have to be seen not to be capitalizing any inside understanding, which he says could trigger "brand damage" to football and its competitions.
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So, even a Second Division gamer knocked out of the FA Cup in the fall can not bank on a Manchester United v Chelsea cup final the following spring.
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"We have to get over to players the reputational risk to the video game," he states. "Once self-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" technique, then possibly Nick Tofiluk, director of policy at the [Gambling](https://palkwall.com/read-blog/27736_online-betting-firms-gamble-on-soccer-mad-nigeria.html) Commission, represents the "stick".
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The Gambling Commission was set up under the Gambling Act 2005 to control industrial gaming in Great Britain.
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has responsibility for policing all [sports betting](https://socialsmerch.com/read-blog/10517_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) in the UK apart from spread [sports betting](https://thatswhathappened.wiki/index.php/User:GarnetPalumbo4), which is the remit of the FSA.
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"The frustrating bulk of [sports betting](https://lidoo.com.br/read-blog/14606_for-sports-gambling-to-be-legalised.html) taking location through UK operators is legal and fair," he states.
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"But for some there is the temptation to ... corruptly interfere with the outcome of a sporting occasion.
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"Such cheating has the possible to undermine the integrity of a sport, and it also hurts the commercial interests of [sports betting](http://video.firstkick.live/read-blog/4663_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) bodies and [sports betting](https://coptr.digipres.org/index.php/User:ClaribelXfn) wagering."
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The commission has established an internal [Sports Betting](https://www.sportfansunite.com/read-blog/234_how-to-withdraw-from-bet9ja-8-step-guide-to-money-in-your-wins.html) Intelligence Unit to get and disseminate details to sporting authorities, wagering companies and policing authorities.
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"Since 2007 we have actually experienced a considerable insight into world of wagering," he says.
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"We will notify [sports betting](https://2flab.com/read-blog/702_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) of our issues, to help avoid or curtail [unlawful] activity"
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In May 2010, the commission likewise presented 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 unfaithful in relation to greyhound racing.
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However, Mr Tofiluk says there are still 8 continuous investigations, which much useful info has also been passed to [sports betting](https://twoplustwoequal.com/read-blog/58973_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) authorities.
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He said that where an examination by a sport governing body was quicker, and more expense effective, then the commission would consider ceasing a criminal investigation "in favour of letting [sports betting](https://bbarlock.com/index.php/User:Yanira7084) governing bodies take the lead".
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Meanwhile, he states many of those seeking to cheat the [sports betting](https://wiki.rrtn.org/wiki/index.php/User:Jannie9307) industry were experienced about [sports betting](https://reckoningz.com/warner-bros-discovery-sets-stage-for-potential-cable-deal-by/) and sporting people, and about wagering operations and the motion of money.
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"They seek out the vulnerabilities of these to help in their business."
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Related internet links
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World [sports betting](https://ifairy.world/read-blog/1355_the-history-of-the-nfl-and-how-to-bet-on-it.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
[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) +
Gambling Commission
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The BBC is not accountable for the material of external sites.
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