The War against Betting Cheaters

August 29th, 2011

Global sportsbetting enterprise is being torn apart by rumours and allegations of corruption and match-fixing. The situation has become so dire that sports enthusiasts and gaming aficionados the world over are now looking for ways to combat this scourge to keep gaming clean, transparent and exciting. Recently the leader of the global Olympic committee – Jacques Rogge-has deemed match-fixing as big a threat to sports as doping/drugs issues.

What’s going on in the Sportsbetting Realm?

There are loads of betting and match-fixing scandals in South Korea and Finland – much to the dismay of sportsbetting purists. Allied to that is the glut of corruption and the public anger over the scandals with Pakistani cricketers over illicit gambling rings. The public doesn’t much care about the semantics involved in this matter – they’re more concerned with the ‘cleanliness’ and ‘purity’ of this global enterprise as a whole. The difference between the illegal Asian markets and what is taking place under regulated Betfair gaming is stark. Betfair has made a significant effort to try to distinguish itself from the unregulated markets where corruption and scandal are rife. In this vein, Betfair is going all-out to provide online sports bettors and punters with 100% safe & secure online gaming.

The Betfair policy is to prevent, detect and investigate all actions on their sportsbetting sites and to make it clear that illicit and illegal conduct will not be tolerated. Betfair allows players and gamblers to place wagers on bets of other players and on live-in play betting odds from its own odds online. The good news for punters is that Betfair makes its money on the commissions it takes from all winning bets. Betfair is located in River Thames at Hammersmith in West London. And with some 1,200+ employees in the United Kingdom alone – Betfair is plenty popular.

How Betfair Combats Crime and Corruption

Online gaming at Betfair sports an ‘Integrity Team’ comprising 8 people using computers and top-tier analytical tools to proscribe and prevent criminal conduct. This relates to all gaming and sportsbetting activities. This also acts as a deterrent to keep criminals off the Betfair gaming site. In the words of Betfair officials – ‘Our task is to prevent, detect, and investigate’. The integrity analyst at Betfair believes in working very closely with the police and various tiers of law-enforcement agencies in combating fraud and promoting responsible gaming conduct. The main challenges that Betfair faces are related to match-fixing in illegal gaming rings. These include things like fraudulent conduct (stolen cards & insider information) to money-laundering and more. At present, Betfair plays host to a wide range of over 40 sports and some 11,600 betting markets online. The company was founded in 2000 and has overseas operations in Republic of Ireland, Gibraltar, Malta, Australia, Romania and the US.

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