Confusion About Insider Gambling

[ryzaadit]

Most of the time bookies.

If you look at (e-sport) gambling, you also find some interesting cases. An example like (322) case, where someone bet against their team with odds 3,22. Become a quite famous meme on gamer internet.

The team are getting paid by someone to lose, or at least the team it self make some bet against their team and they make lose themself.

[topbitcoin]

Like you, at first I also didn't quite understand what you were asking, but after I read some of the comments in your post and I tried to look for further information, my thinking opened up a little about what you were asking.

However, when talking about soccer betting, the practice of soccer betting often involves the role of insiders in being able to manipulate match results or gain unfair advantages, or in other words, by using cheating. and this is better known as match fixing or match fixing. which is an illegal act and violates ethics in sports. And not infrequently some forms of match outcome fixing, this can involve players, coaches, referees or managers and match officials, where they work together to manipulate match results for financial gain. And of course, dirty practices like this, apart from being detrimental to the people who bet on them, can also harm the integrity of the football community and can give rise to public distrust of competitions which are supposed to be conducted fairly and in a sporting manner.

[cengsuwuei]

If it's just to find out whether a player is injured or not, you don't need an insider because there's a lot of news in newspapers or online portals. and that doesn't determine a win.
What determines the victory is bribing the coach, defender or goalkeeper that can really change the outcome of a match.

[ralle14]

Aren't team news, injuries, and other match details usually openly available on the internet and through sports bookies for gamblers to use when placing bets?. Also, do these officials typically place their bets through sports bookies or among themselves?

You're correct that it's available for everyone. The downside is that it's not frequently updated, and it could take time for teams to officially announce significant changes (usually before kickoff) that could swing the tides of the betting markets.

One of the posts above already mentioned that most of the leagues have these rules in place, and here is a list of players who got caught doing sports betting.

[dansus021]

In football, insider trading could involve a player, coach, or other official using confidential information, such as team news, injuries, or other details about the match, to place bets on the outcome of the game. This could potentially give them an unfair advantage and compromise the integrity of the game.

Aren't team news, injuries, and other match details usually openly available on the internet and through sports bookies for gamblers to use when placing bets?. Also, do these officials typically place their bets through sports bookies or among themselves?

Did you ever heard about in-match-fixing there is some cases in my country that I don't want to proud of but here is the thing and the document CORRUPTION IN MATCH-FIXING WITHIN SPORTS: THE NEED TO REGULATE FUTURE LEGISLATION - https://scholarhub.ui.ac.id/cgi/viewcontent.cgi?article=1023&context=ilrev

So basically it's possible to bribe A team and B team to make the goal or penalty or everything but this might cost a lot. and "Betting with inside information gives the knowledge holder an unfair advantage because they made a betting decision based on additional information that was not available to the general public." - https://www.armstronglegal.com.au/criminal-law/nsw/offences/summary/bet-with-inside-information/

So its like win win situation for insider and the broker

[Julien_Olynpic]

Of course, a person who knows some secret about a player right before the match will have an advantage. And of course this matters not only for football and not only for team sports. And, for example, for tennis. If a player comes to the court injured, then his chances of winning this match are reduced. There are different types of injuries. Of course, only insiders can know about some player injuries, who can use this in bets and thus increase their chances of winning. However, this is only a slight increase in chances and nothing more. No insider guarantees winning. Don't we know of cases in individual sports where an injured player, for example, beat an uninjured one? There are many such cases. Therefore, I believe that insight is a very relative thing. There is hardly any need to rely on it.

[arjunmujay]

Aren't team news, injuries, and other match details usually openly available on the internet and through sports bookies for gamblers to use when placing bets?. Also, do these officials typically place their bets through sports bookies or among themselves?

You're correct that it's available for everyone. The downside is that it's not frequently updated, and it could take time for teams to officially announce significant changes (usually before kickoff) that could swing the tides of the betting markets.

One of the posts above already mentioned that most of the leagues have these rules in place, and here is a list of players who got caught doing sports betting.

That's right, because a team also wants to maintain its team's good name and reputation. So, for example, if there is bad news about a team, of course it will not be shared publicly, let alone on the internet. So only insiders know about it.
That's where gamblers have to be observant in seeing the situation and development of their chosen players.

[Coin_trader]

If it's just to find out whether a player is injured or not, you don't need an insider because there's a lot of news in newspapers or online portals. and that doesn't determine a win.
What determines the victory is bribing the coach, defender or goalkeeper that can really change the outcome of a match.

Nah, This injury report is crucial if the star player is the one being injured. I think you are only considering a soccer sports which is also true because goalkeeper is totally has the power capable to make his team win or lose but this is different on game like Basketball because a late injury report might cause a huge impact on the game because a lot of team on NBA nowadays revolve their play to their star player that’s way many player recently hit 70+ points which half the score of the team.

Bookmaker also provides odds in advance then later on adjust it based on the current bets placed and other short notice changes such as injury report or if the injured player can play already for the next game.

[Maslate]

In football, insider trading could involve a player, coach, or other official using confidential information, such as team news, injuries, or other details about the match, to place bets on the outcome of the game. This could potentially give them an unfair advantage and compromise the integrity of the game.

Aren't team news, injuries, and other match details usually openly available on the internet and through sports bookies for gamblers to use when placing bets?. Also, do these officials typically place their bets through sports bookies or among themselves?

Did you ever heard about in-match-fixing there is some cases in my country that I don't want to proud of but here is the thing and the document CORRUPTION IN MATCH-FIXING WITHIN SPORTS: THE NEED TO REGULATE FUTURE LEGISLATION - https://scholarhub.ui.ac.id/cgi/viewcontent.cgi?article=1023&context=ilrev

So basically it's possible to bribe A team and B team to make the goal or penalty or everything but this might cost a lot. and "Betting with inside information gives the knowledge holder an unfair advantage because they made a betting decision based on additional information that was not available to the general public." - https://www.armstronglegal.com.au/criminal-law/nsw/offences/summary/bet-with-inside-information/

So its like win win situation for insider and the broker

Match fixing maybe rampant but only the fall guy that are caught, or those small leagues are doing it but there has been a little impact on the global bets. But if you like to hear about fixed games stories, you can watch the interview of a controvertial refs in the NBA that was sentence and now has shared his story.

Here's Tim Donaghy for you all.

Tim Donaghy on Fixing NBA Games, Reffing Malice At The Palace & NBAs Best Trash Talker

[Natsuu]

If that is what insider gambling is, it is not illegal. But I am referring to well known leagues and tournaments and not the small ones that can easily be manipulated. Manipulation in some small leagues will be more than what is called insider gambling.

If you want to bet on sport, bet some minutes to the matches and not some days or weeks before. Make sure you know the players that the couches want to use.

Makes sense. Betting on sports is cool but using secret info to get an edge like insider gambling is shady. It's not illegal but most sports leagues frown upon it. If you're into betting, maybe stick to last-minute bets and play it fair with public info

[Hypnosis00]

If that is what insider gambling is, it is not illegal. But I am referring to well known leagues and tournaments and not the small ones that can easily be manipulated. Manipulation in some small leagues will be more than what is called insider gambling.

If you want to bet on sport, bet some minutes to the matches and not some days or weeks before. Make sure you know the players that the couches want to use.

Makes sense. Betting on sports is cool but using secret info to get an edge like insider gambling is shady. It's not illegal but most sports leagues frown upon it.

As long as that's not illegal that's good to go. I mean, we gamble to win, so we'll do everything to win and that includes getting an information that would give us an advantage to win. They say it's hard to win in gambling, but if you can benefit from that kind of factor, then I guess gambling would be easy for you and money will be coming consistently.

If you're into betting, maybe stick to last-minute bets and play it fair with public info

This isn't too important, unless it guarantees you a win or even increase your chances of winning. Line movement is still possible, it's either you get or lose an opportunity you are looking for since you are looking for some value.

[Wexnident]

~

Well, injuries and the like are usually publicized since in the first place they can't play with injuries so I don't think it's part of the "confidential" information. On the other hand, there can be other discrete information that they're not allowed to share to outsiders. It can vary from trading regimes, strategy discussions, and stuff like that. Basically, any information that can give an unfair advantage of sorts or give an edge towards who knows said information, whether it be the opposite team or someone who's betting for that same match.

An example, and probably a pretty stupid one tbf but an example nonetheless, is if a team decides to do strategy X, which they are 100% confident in winning in round Y. Now bettor can create a bet that they'd score for that specific round and easily win, stuff like that. As for officials, no, afaik they're not even allowed to bet.

[EarnOnVictor]

Could someone please clarify the concept of insider gambling for me? I came across this term on this website, and it's a bit confusing. According to the information I found

In football, insider trading could involve a player, coach, or other official using confidential information, such as team news, injuries, or other details about the match, to place bets on the outcome of the game. This could potentially give them an unfair advantage and compromise the integrity of the game.

Aren't team news, injuries, and other match details usually openly available on the internet and through sports bookies for gamblers to use when placing bets?. Also, do these officials typically place their bets through sports bookies or among themselves?

The truth is that you shouldn't have bothered yourself about this, it is certainly not possible and there is nothing like insider betting involving the team. Fine, players, officials and anyone can place a bet but it must not be known as it is illegal for them to bet. Be it players, their agents, the staff, coach, assistant coach, directors and many more that are directly involved with the team we are talking about are not allowed by the FIFA law to play. So, the way they use the team news, injuries, confidential information and others in this regard can only happen in the dreams of those who are propagating it.

Except if they play through their family and friends or other proxies that will not directly be linked to them. Even at that, there is nothing like insider gambling with some hidden and peculiar facts. In games, all news is open, be it injuries, plays, lectures, sanctions, speculations, feats, players and many more are all public information that anyone can use at their own discretion to come up with a conclusion on what the possible outcome of a game can be.

[usekevin]

Like you, at first I also didn't quite understand what you were asking, but after I read some of the comments in your post and I tried to look for further information, my thinking opened up a little about what you were asking.

However, when talking about soccer betting, the practice of soccer betting often involves the role of insiders in being able to manipulate match results or gain unfair advantages, or in other words, by using cheating. and this is better known as match fixing or match fixing. which is an illegal act and violates ethics in sports. And not infrequently some forms of match outcome fixing, this can involve players, coaches, referees or managers and match officials, where they work together to manipulate match results for financial gain. And of course, dirty practices like this, apart from being detrimental to the people who bet on them, can also harm the integrity of the football community and can give rise to public distrust of competitions which are supposed to be conducted fairly and in a sporting manner.

The soccer betting was made on the perspective of the player involved in the game.But the fact is many players game will change on the particular day because of their health issue.So the gamblers who have experienced in the soccer can use the soccer as betting or else the better option will be the casino in the gambling site.The gamblers who able to make the correct betting can make the huge money as returns from the gambling.The gamblers should build their own gambling structures of betting,it will help the gamblers to make huge profits.The gamblers who want to make money should ready to make money from the betting by their structure of betting.

[alastantiger]

Also from the same article,

"Football players and officials are prohibited from gambling on any aspect of football matches or competitions, according to the Football Association's (FA) rules."

If they are prohibited then it's more likely that they only bet among themselves in secret. The are not going to use regulated fiat bookies because of KYC verification.

Yes. This has helped me get it.

If I may, in insider gambling the coaches, referee, football players agrees within themselves for the game to have a predetermined out. The so-called non-regulated bookies may not even be online or even have a physical office. And yes KYC verification will not be used because they are off books. Did I get this understanding of it correctly? It looks as if it is similar to match-fixing.

[YOSHIE]

Confusion About Insider Gambling

I don't believe in people keeping things a secret, if the goal is only to make a profit in soccer betting, I believe that soccer is more real, it can be seen in several competing leagues.

Talking about officials, insiders or themselves, of course they bet and if we talk about information, teams, injuries and so on of course it is generally known, there is no secret, Football betting is the same as what happens to teams, efforts, hard work and luck, as well as those who place bets.

I consider soccer gambling to be different from slot gambling where the operator can control wins and losses, soccer is a real result from the field.

[danherbias07]

I think it just means the information that cannot be discussed on television. Or, health issues that are not really that bad but could affect the game.
Let's say one player decided he will still play even though he has diarrhea, something like that.
They could use that to bet against the player props of the player. Let's say he is averaging 20 points per game but he might not achieve it that night because he ain't feeling good. These are the things that we don't see on paper or, they will inform the media about it before the game starts which is too late for a gambler to take back his money.
Like before, I bet a 50 PRA for Nikola Jokic in NBA basketball which odds are 1.87 if I remember it right. The game has not even started and I am already in profit. I can cash out my money while the first tip-in ain't happening yet.
The bookies suddenly increase the average PRA of the said player and 50 PRA becomes 1.65 odds only. There are perks for betting early but most of the time it is not suggested to do that unless you are sure about the line-up, because there are times a late announcement will be made and it will ruin your bet especially if you are making a parlay.
I think that is the meaning of insider gambling because they are the first to know what is happening inside the sport than the bookies. They will relay it but it's too late for the gambler who already made their picks.

[borovichok]

If that is what insider gambling is, it is not illegal.

That notwithstanding, insider gambling is illegal because it undermines the principle of fairness and transparency in gambling. Insiders have unfair advantages which undermines the integrity of the game. The illegality of insider betting lies in the fact that football players, coaches and even certain officials are prohibited from gambling because they are part of the game and may take advantage of certain information not open to the public. When players are found to be involved in sports betting, they are sanctioned.

Some players that I know that have been sanctioned for breaching betting rules are Mauro Icardi, Daniel Sturridge, and the most recent is Ivan Toney.

Mauro Icardi was sanctioned by the Italian Football Federation for placing bets on Serie A matches. Daniel Sturridge faced disciplinary action by FA for providing inside information to a family member regarding a potential transfer to another club. Ivan Toney was banned from football for eight months and was fined by FA for breaching betting rules.

The above cases confirm the illegality of insider gambling.

[topbitcoin]

Like you, at first I also didn't quite understand what you were asking, but after I read some of the comments in your post and I tried to look for further information, my thinking opened up a little about what you were asking.

However, when talking about soccer betting, the practice of soccer betting often involves the role of insiders in being able to manipulate match results or gain unfair advantages, or in other words, by using cheating. and this is better known as match fixing or match fixing. which is an illegal act and violates ethics in sports. And not infrequently some forms of match outcome fixing, this can involve players, coaches, referees or managers and match officials, where they work together to manipulate match results for financial gain. And of course, dirty practices like this, apart from being detrimental to the people who bet on them, can also harm the integrity of the football community and can give rise to public distrust of competitions which are supposed to be conducted fairly and in a sporting manner.

The soccer betting was made on the perspective of the player involved in the game.But the fact is many players game will change on the particular day because of their health issue.So the gamblers who have experienced in the soccer can use the soccer as betting or else the better option will be the casino in the gambling site.The gamblers who able to make the correct betting can make the huge money as returns from the gambling.The gamblers should build their own gambling structures of betting,it will help the gamblers to make huge profits.The gamblers who want to make money should ready to make money from the betting by their structure of betting.

Actually, if we look at it simply, we only need to see some favorable odds as one of the good strategies in sportsbook, especially in soccer because after all, when we are in soccer betting, we certainly know that we already have data and benchmarks of the performance of the competing clubs.
For example, we take the example of Chelsea. Their odds this season are sometimes always quite good especially when facing clubs whose level is below them and Chelsea play home then the bookmakers will definitely give odds that show they are the favorite club. But on the other hand, we must also be aware that this could be a trap especially when looking at the performance that Chelsea has had in these two seasons so that we can determine whether the odds given by the bookie are worth it or not because after all this is an important condition to convince ourselves and when we are not sure then we cannot take risks because in the end even though their odds are good but with the performance that Chelsea has it could be a destroyer of the bets you have.

[coolcoinz]

Aren't team news, injuries, and other match details usually openly available on the internet and through sports bookies for gamblers to use when placing bets?. Also, do these officials typically place their bets through sports bookies or among themselves?

Many things aren't public, for instance something as trivial as key player performance during training sessions. They may not be injured but simply out of shape. It happens and the people close to the team will know about it before the match. As a coach you know if your team has a chance or not, especially when facing a better opponent.

There's also tactics. This is given to the team before the match and plays key role things like World Cup groups. You need a certain number of points to leave the group and when facing a stronger team the coach may tell the team to play on the defensive, so that you get a draw. Knowing the tactics you can bet on it, for instance that the team will not score at all and you know they won't even try. You can even bet on individual players that they wont score, or that they won't score in the first half.