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Company lawyer details Betfair’s practical measures to defeat cheating
5/10/10 - "There is an awful lot of money sloshing around football, and where you have a lot of money you can have a lot of crime," Matthew Johnson, head of legal regulation at the UK Football Association told told the C5 conference on Sports Law and Business last week.
Reporting on the conference, the BBC said Johnson's job involves upholding the integrity of football at all levels in England, as well as educating players about issues such as gambling. Johnson illustrated the magnitude of the task by revealing that in football alone, during season 2009/2010, there was betting in Asia on 250 Blue Square Conference matches - the fifth tier of English football - and on 190 English youth and academy games.
Providing a practical and positive approach to the problem of corruption in sport, David O'Reilly, legal counsel with online gambling firm Betfair, said that his company regularly shares information with sports bodies and the UK Gambling Commission.
O’Reilly revealed that his company employs a permanent 8-man integrity team as a component in the firm’s larger anti-money laundering department.
"There is common ground between sport and gambling, in that it is in everyone's interest for sport to be clean," O’Reilly said. "I don't think it is up to us to say how sports should regulate their players, but education about gambling is a good starting-point."
The lawyer explained that Betfair as an online gambling group has extensive client and betting data on trackable record. The system is sufficiently sophisticated to track each bet made and the event, selection, stake, odds and winnings, enabling the company to identify and flag suspicious transactions for international sporting bodies.
This online "audit trail" can be enhanced by phone records that the firm keeps, as well as the use of analytical software that can show unusual betting patterns.
"I believe that fixing in relation to sport is low-level, but we will all suffer if people don't believe sport is clean, because they will not bet on it," said O'Reilly.
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To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
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NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
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PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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