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Online Casinos Cry "Fixed!"

As the online casino betting industry develops new technology and software to calculate the odds of certain sports events, there is naturally a time where the software is effective, but can only do so much. Just recently many online casinos cried fowl when a UEFA Cup match had surprising results and appears to have been a fixed event. According to the online casinos accepting bets for the game, the betting patterns were very scattered and unusual say some in the industry. The match in dispute was a game held in Athens involving the Greek team Panionios, and Georgia’s Dinamo Tbilisi. Part of the reason the sports booking sites are concerned have to do with the amazing turn around after half-time.

Some just speculate that the game was fixed, but other online casinos betting sites are a little more certain. Graham Sharpe at William Hill says, “I have no doubt that this was a betting coup.” And the representative for Betfair seemed to echo those sentiments. Casper Hill notes, “My own view is that the traditional bookmakers were getting worried and tried to hedge their positions with Betfair…Unlike traditional bookmakers, our technology allows us to have an audit trail.” He continues, “We have a number of agreements with sporting bodies such as the English FA and Jockey Club which allows us to share the names of the people who have had a bet. We were talking to UEFA about signing such an agreement last week. We could still show them the graphs of the betting patterns but without the agreement we can’t give them the names because of the Data Protection Act.”

The online casinos that offered odds for this event are simply concerned about long-range implications because there is no precedent for this type of incident. Even though online casino betting site have accepted sports bets for years now, the smaller events like this UEFA would never have been covered. But because the internet technology goes into every country, companies feel obliged to offer services that interest each nation’s sporting events. Sharpe comments, “A few years ago this match would have been inconsequential but we now have clients in these markets and feel obliged to offer odds.”