Tag Archives: Analysis (Data) – Sports / Politics Corruption

Is Big Brother being fixed in Great Britain? And are the alleged fixers using BetFair to make a fast buck (or “quid”, as they say in the U.K.)?

Posted on May 31, 2008 by Chris F. Masse

Via Ed, The Daily Mail: The Daily Star reveals that some punters are set to earn more than half a million pounds after a total bet of Â£971 was staked via BetFair on Nikki to win at 1000-1 shortly after … Continue reading →

Posted in Betting, Ethics, Exchanges & Markets, Market Prices & Probabilities | Tagged Analysis (Data) - Sports / Politics Corruption, BetFair, Betting, betting exchange, betting markets, Big Brother, Daily Star, event derivative markets, event derivatives, GBP, Great Britain, insider trading, integrity, Joe A. Doe, prediction markets, The Daily Mail, The Daily Star, United Kingdom | 1 Comment

Extreme Prediction Markets & Ethics

Posted on May 30, 2008 by Chris F. Masse

While Robin Hanson was busy signing Bob’s petitions and blablabling on philosophy, Jason Ruspini answered the questions. Jason Ruspini (“The Brain”) has established himself as one of the experts in the field of prediction markets. Listen up. – 1-2) These … Continue reading →

Posted in Analysis (Meta), Ethics, Exchanges & Markets | Tagged Analysis (Data) - Sports / Politics Corruption, Ethics, event derivative markets, event derivatives, Jason Ruspini, large trader, manipulation, Market Trading, prediction markets, Regulations, Robin Hanson, Trader | Leave a comment

Did Patri Friedman misread BetFair?

Posted on May 24, 2008 by Chris F. Masse

About the latest New York Times story on BetFair fighting sports corruption… Patri Friedman: Prediction markets not only make fixing easier to profit from, by creating a liquid market for insider betting, but they also make it easier to detect, … Continue reading →

Posted in Analysis (Industry), Betting, Ethics, Exchanges & Markets, Regulations | Tagged Analysis (Data) - Sports / Politics Corruption, bet exchanges, BetFair, Betting, betting exchanges, event derivative markets, event derivatives, fight sports corruption, match-fixing scandals, New York Times, Patri Friedman, prediction exchanges, prediction markets, Regulations, Sports, sports betting, sports bodies, sports corruption, TradeSports | 22 Comments

Tennis is not systematically nor institutionally corrupt. There is no evidence of a link to the Mafia.

Posted on May 22, 2008 by Chris F. Masse

Only 45 suspicious tennis matches out of the hundreds of thousands of matches played over the last five years. That’s peanuts. – Via Steve Roman Bloomberg New York Times The Times (of London) The Guardian – Previously: The Mark Davies … Continue reading →

Posted in Exchanges & Markets, Regulations, Sports | Tagged Analysis (Data) - Sports / Politics Corruption, BetFair, Bloomberg, London, Mafia, New York Times, prediction markets, Sports, sports betting, Steve Roman, tennis, The Guardian, the Times | 7 Comments

BetFair’s message to the UK’s Gambling Commission on betting and the integrity of sports

Posted on May 10, 2008 by Chris F. Masse

Via Medemi (109 comments on their thread, and still growing), BetFair (PDF file): 3 August 2007 Integrity in Sports Betting Issues Paper Consultation Co-ordinator Gambling Commission Victoria Square House Victoria Square Birmingham B2 4BP Dear Sir/Madam, INTEGRITY IN SPORTS BETTING … Continue reading →

Posted in Betting, Ethics, Exchanges & Markets, Regulations | Tagged advocate, Analysis (Data) - Sports / Politics Corruption, BetFair, Betting, Birmingham, David O'Reilly, Ethics, Gambling Commission, Gambling Commission. sports, GBP, Great Britain, integrity, legal counsel, Player, prediction markets, sports governing bodies, sports results, UK's Gambling Commission, United Kingdom | Leave a comment

If the British legal betting companies offer bets on the sport, it is because there is demand for bets on the sport —and if that demand were not offered in a regulated environment, it would be filled in an unregulated one (like what we see with TradeSports-InTrade and MatchBook in the US market).

Posted on April 28, 2008 by Chris F. Masse

Mark Davies of BetFair (PDF file): International Leaders in Sport conference, Auckland, New Zealand. April 3-4th 2008. Keynote speech, April 4th. Mark Davies, Betfair. “New Understandings in Sports Betting” Minister, ladies and gentlemen… Thank you very much for your kind … Continue reading →

Posted in All Best Posts Ever, Analysis (Industry), Betting, Business, Ethics, Exchanges & Markets, Explainers, Regulations | Tagged Analysis (Data) - Sports / Politics Corruption, Athens Olympic, Auckland, Australia, Australian Football League, author, Beijing, Belgium, bet exchanges, Bet Monitor technology, Bet Monitor, BetFair Radio, Betting, betting exchanges, Britain, Bundesliga, Cancer, Cheltenham Festival, Chicago Board Of Trade, Chicago White Sox, coach, commentator, cricket, Cyprus, director of corporate affairs, EUR, event derivative markets, event derivatives, event futures markets, Finance, Football League, Germany, Greece, High Street pharmacy, India, insider trading, Internet betting, Internet-based sports betting, IOC, irritation, Jacques Rogge, Jean-Paul Sartre, journalist, JPMorgan, Jumps Racing festival, ladies and gentlemen.., lawyer, Leigh Matthews, Lions, Liverpool, Madrid, Managing Director, Managing Director of Corporate Affairs, Mark Davies, Martin Arguello-Vasallo, messenger, minister, New Zealand, Nikolai Davydenko, Olympic, Olympics, Player, Poland Open, prediction markets, premiership coach, President, real time, Regulations, Reinhard Rauball, rugby, Singapore, Sports, sports administrators, sports betting, sports betting exchange, sports betting market, sports betting market saying, sports betting world, sports bodies, sports corruption, sports industry, sports punters, sports regulation, sports regulatory body, Sportsman, Swiss Futures and Options Association, tennis, The Guardian, United Kingdom, United States, United States Congress, USD, Victoria, Was Jacques Rogge, William Hill, Winston Churchill | 195 Comments

Towards an anti-drugs and anti-corruption body for all sports? — BetFair’s proposal…

Posted on April 8, 2008 by Chris F. Masse

Play The Game [I like that website title ]: Betting industry leader calls for sport world anti-corruption agency 8 April 2008 by Michael Herborn Mark Davies, managing director of global betting giant Betfair, has called for a world anti-corruption agency … Continue reading →

Posted in Analysis (Industry), Ethics, Exchanges & Markets, Regulations, Sports | Tagged Analysis (Data) - Sports / Politics Corruption, anti-corruption agency, Auckland, BetFair, drugs, Managing Director, Mark Davies, Michael Herborn, New Zealand, pharmaceutical corruption, prediction markets, Sport, Sports, Sportsman, Star Times, WADA, World Anti-Doping Agency | 1 Comment

Do sports prediction markets corrupt sport? No.

Posted on December 12, 2007 by Chris F. Masse

Mark Davies (“managing director of corporate affairs at BetFair” = their spin doctor) in The Guardian: Does the existence of betting exchanges corrupt sport? NO In the world of finance, it has always been far easier for employees to have … Continue reading →

Posted in Analysis (Industry), Analysis (Meta), Exchanges & Markets | Tagged Analysis (Data) - Sports / Politics Corruption, bet exchanges, BetFair, betting exchanges, Britain, chief executive, director of corporate affairs, event derivative markets, event derivatives, Finance, football, Managing Director, Mark Davies, outcome sports, prediction exchanges, prediction markets, snooker, Sports, sports prediction, tennis, The Guardian | Leave a comment

GUARDIAN BLOGGER: BETFAIR SPIN-DOCTOR DOES NOT SAY THE TRUTH ABOUT SPORTS CORRUPTION.

Posted on December 6, 2007 by Chris F. Masse

Lawrence Donegan: Odds-on liquidity showing interest in Scottish youth Can it really be more than a month since Betfair’s Mark Davies appeared in print to reject the suggestion that the gambling boom is in any way responsible for the apparent … Continue reading →

Posted in Analysis (Industry), Betting, Ethics, Exchanges & Markets | Tagged Analysis (Data) - Sports / Politics Corruption, BetFair, Edward Gibbon, football, Lawrence Donegan, Managing Director, Mark Davies, prediction markets, Scotland, spokesman, Sports, tennis, the Daily Record, the Daily Telegraph, The Guardian | Leave a comment

BetFair-TradeFair fights corruption, while TradeSports-InTrade does not.

Posted on November 26, 2007 by Chris F. Masse

— BetFair-TradeFair is legal and has ethics, while TradeSports-InTrade is not and has none. — Via Steve Roman who provides the recap and another excerpt, The New York Times: [...] At the center of the investigation is Betfair, one of … Continue reading →

Posted in Betting, Ethics, Exchanges & Markets, Market Prices & Probabilities, Regulations | Tagged Analysis (Data) - Sports / Politics Corruption, Argentina, BetFair, Betfair spokesman, Davydenko, Internet addresses, London, Martin Vassallo Arguello, Poland, prediction markets, Rafael Nadal, Robin Marks, Roger Federer, so-called online sports exchanges, Sopot, sports leagues, Steve Roman, tennis, the New York Times, USD, Wimbledon | Leave a comment

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