Skip to main content

is sport finally starting to win the fight against corruption?

Could sport be fighting back against the corrupt individuals who wish to poison their respective games to line their own pockets? Encouraging signs this week with cricket and rugby league both acting to stem the tide.

In cricket, first the British Crown Prosecution Service announced it was charging the three Pakistan cricketers with obtaining and accepting corrupt payments, and conspiracy to cheat. Bear in mind that the CPS was the authority who were laughed out of court when trying to convict leading jockey Kieran Fallon of pulling horses a few years ago. Let's hope they've got their act together since then. Long drawn out cases which ultimately fail ruin reputations and make lawyers rich.

A day later, the ICC have come down hard on the three players, with minimum suspensions of five years. Expect appeals from each player pleading their innocence first, and then for leniency. There's legs in this case yet, but it's encouraging to see the ICC impose serious penalties.

In rugby league this week, charges have finally been laid in the NRL betting scandal from last season. Ironically, the player charged, Canterbury front-rower Ryan Tandy, hasn't been charged with conspiracy or sporting fraud, but giving false evidence police which is a much more serious charge in NSW. Tandy's agent and people connected to him are alleged to have bet heavily on North Queensland (the opposing team) scoring the first points of the match with a penalty goal. Tandy gave away a penalty directly in front of the posts after just two minutes, but the other team, unaware of the planned sting, chose to take a quick tap instead and go for the try.

Let's hope football, racing and tennis can get their acts together and follow suit where applicable. Tennis prides itself on using a sledgehammer to crack nuts - suspending guys for a year for placing €5 worth of bets, yet does sweet FA when blatant match-fixing occurs. UK football authorities have handed out some pathetically lame penalties for players found betting against their own team (the infamous Bury v Accrington Stanley game from a few years ago). Horse racing in the UK has recently been beating their own chest about the Casela Park case. It's all well and good to suspend guilty parties, but when the perception is one rule for the minnows of the sport and another for those with a higher profile, it defeats the purpose....

Comments

Popular posts from this blog

lay the field - my favourite racing strategy

Dabbling with laying the field in-running at various prices today, not just one price, but several in the same race. Got several matched in the previous race at Brighton, then this race came along at Nottingham. Such a long straight at Nottingham makes punters often over-react and think the finish line is closer than it actually is. As you can see by the number of bets matched, there was plenty of volatility in this in-play market. It's rare you'll get a complete wipe-out with one horse getting matched at all levels, but it can happen, so don't give yourself too much risk...

Racing has a Ponzi scheme - and the fallout will be enormous

When the term 'Ponzi scheme' is mentioned these days, the names Bernard Madoff and Allen Stanford instantly spring to mind. The pair of them ran multi-billion dollar frauds (US$60bn and $8bn respectively) that destroyed the lives of thousands of investors who had put their life savings into a 'wonderful' investment strategy. How so many people were sucked into the scheme is baffling to those on the outside. The lifestyle, the sales pitch, the success stories of the early investors - I suppose it all adds up.

So where does this link to racing you ask? A prominent Australian 'racing identity' this week has been reported to have lost access to a bank account with punters' club funds of $194m in it. Firstly - is there a worse term for anyone to be labelled with that 'racing identity'? It ALWAYS ends up meaning shonky crook! Secondly - who the hell has a punters' club with an active bankroll in the tens of millions? It simply can't be done.

The…

damage control when trading goals

When trades go bad, some people will say cut your losses immediately, others will recommend having a bit of patience as events tend to level out (i.e. games with two goals in the first 10 mins never end up with 18 goals in 90 minutes). This is something I like to do on certain matches.

Background:
1. You've backed Under 2.5 goals, trying to nick a few ticks at a time as the clock ticks.
2. You've been caught out by a goal.
3. The market has gone sharply against you.

On this particular match from a couple of weeks ago, there was an early goal (sixth minute) before I got involved. The period immediately after an early goal regularly shows a sharp drop in the Under price, so I was trying to capitalise on that. But Watford then scored again after 14 minutes. The Back price I took (3.95) was now out to 12 - I could close out for a big loss (not my style) or wait and wait for the price to come back to somewhere I could close out for minimal damage. But at 2-0 after 15 minutes, it w…