BetFair’s Memoranda of Understanding benefits both bettors and sports.
The investigative process follows 7 steps:
Step 1: An activity concern is noted
Step 2: A preview is conducted to determine if there is more reason for investigation
Step 3: Preliminary investigation: The regulator for the league requests or receives anonymous betting data
Step 4: Betfair provides further details and the league decides whether to proceed with a case
Step 5: Exhibits and statements are prepared and passed to the disciplinary panel
Step 6: A hearing or tribunal is conducted by the league’s disciplinary panel and a decision is reached
Step 7: Betfair accounts are analyzed accordingly
