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Tag Archives: sports corruption
BetFair’s Mark Davies will advise the UK government on sports betting integrity.
BetFair’s Mark Davies will be one member on the expert panel about sports betting integrity (betting corruption) that the UK government is setting up. Previously: June 28’s BetFair millionaire story in the News Of The World was total bullshit.
Did Patri Friedman misread BetFair?
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
The BetFair spin doctor is out to insist that BetFair is clean.
Mark Davies (BetFair’s Managing Director) — #1. Via our good friend Niall O’Connor, an interview (in French) of Mark Davies in the (French) Journal Du Net: [Translation by CFM.] #1. BetFair is ready to operate in France, if the French … Continue reading
Is Steve Levitt right on the reason why a betting operator is willing to fight sports corruption and cheating?
Steve Levitt (a man whom I admire) says that the Las Vegas bookmakers (sportsbooks) “helped authorities catch point-shaving football players at the University of Toledo” because: It is no surprise that the sportsbooks take an active role in this endeavor: … Continue reading
Where is the libertarian critique of Justin Wolfers’ Op-Ed on point-shaving betting in the New York Times?
Nowhere. Not on Freakonomics. Not on Marginal Revolution. Not on Caveat Bettor. Nobody asked the good questions: Why is it that point-shaving betting is so popular? Could it be that bettors like point-shaving betting very much for good reasons? And … Continue reading
Posted in Analysis (Industry), Betting, Politics, Regulations
Tagged America, appropriate systems, Justin Wolfers, legal sports gamblings, Michael Giberson, National Basketball Association, NBA, Niall O'Connor, prediction markets, sports authorities, sports bodies, sports corruption, sports gambling, the New York Times, United Kingdom, United States
3 Comments
BetFair is ethical and responsible, whereas InTrade-TradeSports is not.
BetFair – Responsible Gambling Here’s a republication of their warning: — Responsible Gambling Betfair’s Responsible Gambling Policy Betfair is committed to endorsing responsible wagering among its customers as well as promoting the awareness of problem gambling and improving prevention, intervention … Continue reading
Posted in Ethics, Exchanges & Markets, Regulations
Tagged Italy, National Association, Player, Protection, sports corruption, www.gamcare.org.uk, www.icra.org
1 Comment
BetFair fights the sports corruption that it suscitates.
Via Niall O’Connor of Betting Market, UK’s Horseracing Regulatory Authority: 3. The essence of the case put against them by Mark Warby QC on behalf of the HRA was that they were engaged in passing inside information for reward to … Continue reading
BetFair fixes the sports corruption that it suscitates.
Guardian: [...] Five other unlicensed individuals are liable to exclusion as the panel found they used betting exchange accounts in their names to lay – or authorised Khan to lay on their Betfair accounts – horses to lose as a … Continue reading
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).
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 →