Tue, 6 Jul 2010
Match-fixing is highly likely in uneven sporting contests making monitoring and vigilance crucial if the UK beetting market is to be protected, according to a study published today by the University of East Anglia.
Match-fixing is highly likely in uneven sporting contests making monitoring and vigilance crucial if the UK betting market is to be protected, according to a study published today by the University of East Anglia.
Dr Bibhas Saha of UEA’s School of Economics and Dr Parimal Kanti Bag, of the National University of Singapore, suggest that the betting market - worth more than £2.5 billion in the UK - can only withstand the threat of match-fixing in close contests. The research comes on the day of the first semi-final of the 2010 football World Cup, which has seen all matches monitored for match-fixing. It also follows a number of high-profile allegations of match-fixing in sports such as cricket, snooker, tennis, football and horse racing.
In the working paper Betting in the Shadow of Match-Fixing Dr Saha and Dr Bag examine the power of betting odds themselves in controlling or unleashing the incentive to fix a match. They look at when match-fixing is possible and under what conditions the market will survive and remain immune to it.
More can be found at:
In the working paper Betting in the Shadow of Match-Fixing Dr Saha and Dr Bag examine the power of betting odds themselves in controlling or unleashing the incentive to fix a match. They look at when match-fixing is possible and under what conditions the market will survive and remain immune to it.
More can be found at:
http://www.uea.ac.uk/mac/comm/media/press/2010/july/homepagenews/matchfixing
