The gambling industry is always trying to make sure that there aren’t any fake, staged or suspicious bets being placed. This is much harder than many people think it would be. With millions of bets being placed around the world every day, it can be extremely difficult to have somebody checking all of them. Recently the Sports betting integrity watchdog released their report for the second quarter of 2017, in this report there are a total of 53 suspicious bets that are related to sporting events.
Although this is still 27% less than the same figures from 2016, it’s still an area which needs a lot of improvement. Of all the events that were spotted 31 of them were Tennis Matches, 15 Football games, 5 basketball matches and one a piece for handball and Volleyball. Three of the bets placed that were classed as ‘suspicious’ were placed on the Wimbledon tournament. Two of which were actually in the qualifying stages. All of the tennis matches that had suspicious bets placed on them will now be investigated to ensure there is no match fixing taking place.
There are a couple of things which will make the ESSA take a second look at a bet. Either unexpected activity, whether this is the amount of bets placed, or the size of them bets it is still classed as unexpected. Especially when there have already been changes made to a games odds and bets continue to be placed on a certain result/athlete etc.
The ESSA don’t just go around calling hundreds of bets suspicious, in fact, if anything they probably miss the majority of bets around the world that are suspicious because of the sheer number of stakes that are placed daily. There are certain patterns which are now classed as suspicious and when they pick-up on one of these being used there is normally something strange going on with that bet.
A recent statement was released by ESSA secretary General Khalid Ali which said “Betting integrity issues continue to be a key feature of stakeholder discussions at national and international levels.
To that end, ESSA has been asked by the Council of Europe (COE) to deliver a report on behalf of the private sports betting industry highlighting the challenges facing regulated operators to feed into the CoE’s ongoing efforts to ratify the match-fixing Convention and implement international standards.
The principal focus of the report will be the information exchange between operators, sports and national platforms and how to identify risk and improve risk management.”
Hopefully everything gets worked out sooner rather than later. Thanks for reading and we hope to see you again in the near future!