Betfair on the Front Foot Over Sport Gambling Cheats

Betfair on the front foot over sport gaming cheats


21 August 2011


The leader of the international Olympic motion, Jacques Rogge, has actually called match-fixing and corruption as big a hazard to sporting integrity as doping.


Unfortunately, sporting scandal and tried crooked wagering coups have all frequently fit, as current football match-fixing occasions in Finland and South Korea have actually revealed.


Those events, like in 2015's furore surrounding 3 Pakistan cricketers - subsequently provided restrictions - and the bowling of "no balls" versus England at Lords, were connected to prohibited gaming rings.


But for legitimate wagering firms, whether traditional High Street outlets or more recent online betting organisations, these occasions all tend to be lumped together in the general public's mind under the one heading of "gambling".


"Much of what we have seen has been from the prohibited Asian markets - there is a big distinction in between them and ourselves," says a senior private investigator at online gambling firm Betfair.


"But it is everything about perceptions, and individuals simply see the headlines about gambling without looking deeper."


It is to prevent such damaged associations with crooked gaming rings that firms such as Betfair go to terrific lengths to keep track of the wagering patterns on its website.


'Prevent, detect, investigate'


The company is the world's significant betting exchange - a set-up that allows gamblers to bank on sporting events at odds set by other gamblers.


Betfair makes its money by taking a commission from winning bets.


The firm's headquarters ignores the River Thames at Hammersmith, west London, and houses Betfair's corporate, technical, marketing, and user-experience groups.