European online casino operators are telling lawmakers that online gambling prevents cheating on sports bets because would-be fixers are unable to generate wagers large enough to profit from their schemes. According to industry representatives, technology at online casinos and sports betting sites significantly reduces the effectiveness of match corruption.
The European Sports Security Association, created by online gambling operators in Europe to detect and report unusual betting patterns and suspicious gaming, says online wagering helps remove much of the danger of corruption by its very nature. Michael Summer, public relations manager at sports betting site Interwetten, that scandals sweeping soccer did not earn profits online, because systems in place would identify suspicious betting patterns.
"We have suffered in the past due to manipulated results, but we haven't been hurt at all by the current scandal, that's because we have a risk management system that can block attempts at cheating at an early stages." Micheal Summer said.
"All of our customers are identifiable and can't get away with using pseudonyms and false identities more than once or twice, that makes Internet gaming operators far more secure than traditional betting shops." Summer added.
On the other hand, Declan Hill, a British investigative journalist says the hundreds of corrupt soccer results being uncovered in Europe and Asia aren't caused by regulated online casinos and sportsbooks across Europe, but the massive underground gambling market in Asia and Eastern Europe.
"In Asia, the gambling market is enormous - bigger than Las Vegas and the European bookmakers combined, It's huge and most of it is illegal. It's easier to hide a fraud inside a covert, criminal industry." Declan Hill said.
Also he mentioned that legal and reliable online casino and sports betting sites are the most difficult to scam with corrupted results. The online records of identities and transactions bring a level of distinctness that scammers need to avoid, and technology allows the detection of unusual betting amounts and patterns, especially on more unheard-of contests that tend to be the prey of corruptive influences.
As many as 200 matches may have trade-off results across international borders and involving a host of players and referees. However, legal online sports betting services say they were not targeted by the cheaters, as they would be able to spot the fixed matches and identify participants.
The European Sports Security Association, created by online gambling operators in Europe to detect and report unusual betting patterns and suspicious gaming, says online wagering helps remove much of the danger of corruption by its very nature. Michael Summer, public relations manager at sports betting site Interwetten, that scandals sweeping soccer did not earn profits online, because systems in place would identify suspicious betting patterns."We have suffered in the past due to manipulated results, but we haven't been hurt at all by the current scandal, that's because we have a risk management system that can block attempts at cheating at an early stages." Micheal Summer said.
"All of our customers are identifiable and can't get away with using pseudonyms and false identities more than once or twice, that makes Internet gaming operators far more secure than traditional betting shops." Summer added.
On the other hand, Declan Hill, a British investigative journalist says the hundreds of corrupt soccer results being uncovered in Europe and Asia aren't caused by regulated online casinos and sportsbooks across Europe, but the massive underground gambling market in Asia and Eastern Europe.
"In Asia, the gambling market is enormous - bigger than Las Vegas and the European bookmakers combined, It's huge and most of it is illegal. It's easier to hide a fraud inside a covert, criminal industry." Declan Hill said.
Also he mentioned that legal and reliable online casino and sports betting sites are the most difficult to scam with corrupted results. The online records of identities and transactions bring a level of distinctness that scammers need to avoid, and technology allows the detection of unusual betting amounts and patterns, especially on more unheard-of contests that tend to be the prey of corruptive influences.
As many as 200 matches may have trade-off results across international borders and involving a host of players and referees. However, legal online sports betting services say they were not targeted by the cheaters, as they would be able to spot the fixed matches and identify participants.
Post a Comment