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Football betting
- By KW Singh
- Published 03/29/2008
- Recreation and Sports
- Unrated
Football betting
Betting and gambling through sports has become a major concern for our society today. It has become an issue of serious concern for the lawmakers on how to monitor and curtail unauthorized betting through sports. Lawmakers have been thus penned down to make tough new measures to crack down on corruption in sports related betting. Bets are placed on individual player’s performances, the winning team, scores in the game, etc.
Technology aids available
Today you can bet on the Internet, at casinos, through national lottery and also on cell phones. Growth of Internet betting exchanges has made sports more vulnerable to fraud and match fixing. Now betting is done with the help of GPRS technology, which is a more faster and reliable way for account holders to place their bets. Users are charged for the volume of data rather than the time spent using the service. But the police are now resorting to the use of electronic surveillance techniques to track down the alleged racket.
Advantages over other sports
Precisely betting on a football game has been an extremely popular form of winning big money for years, producing far better prize money amounts for relatively low stake money.
Thus the lawmakers have called for various sports governing bodies to have a say in the type of bets offered to punters and to make bookmakers set up “audit-trails”, something the new betting exchanges already do, to allow suspicious betting patterns to be traced. Lawmakers have also called for the governing bodies of various sports to devise common standards on who may bet on their sport, types of bets that can be placed on the concerned sport and what the other logistics for placing a bet on their sport should be.
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