Should sporting bodies have a share in betting profits?
Pankaj , Shimla:
Feb 20 2008
Made Popular Feb 20 2008
# Cricket, tennis, football plus other leading sports are calling for a percentage of betting profits.
# Gambling is a threat to sports but if regulated, could draw significant action off the black market.
# Sporting bodies are asking for a share of betting profits to help fight match-fixing.
# With billions of dollars in illegal bets and allegations of match-fixing rife, the world’s most popular sports are loosing integrity.
2 Stars
Agree
That may be a good idea for development of sports. If the share of the betting profits is used to create better facilities and train talents.
2 Stars
Disagree
betting is a vice and it must be banned. it is addictive and ruins families.
2 Stars
Disagree
well.... ppl place bets on political parties -- who will win, who will lose.... does that mean the parties or the candidates should get a cut.... lol.
2 Stars
Agree
Chinese people bet very heavily on many things. There is a big underground betting market involving billions and billions of dollars. If some part of the money is used up for development I have no problems.
2 Stars
Disagree
betting is legal in australia and government earns well. the money is used for welfare. why give the sports bodies who are anyway rich.
2 Stars
Disagree
i dont seem to win any bet :-(
1 Stars
Agree
BAN BETTING. IT IS EVIL.
2 Stars
Disagree
Not at all. But there must be a limit on how much a person can bet and how frequently.
2 Stars
Disagree
Betting syndicates are actually mafia syndicates. They rig sports, fix outcome of soccer matches. There was a big scandal involving Juventus which was relegated to Serie B in 2006. Betting on sports is legal in Italy. Still see what happens. Betting must be banned to ensure fair play and save fans from being cheated.
2 Stars
Disagree
It will encourage money laundering.
1 Stars
Disagree
arabs are the worst offenders -------
sheiks are worst gamblers coz they have stacks of petrodollars to burn. now arab terrorists are taking advantage of legal gambling to fund their terror campaigns by rigging events and laundering money from sale of narcotics.
sheiks are worst gamblers coz they have stacks of petrodollars to burn. now arab terrorists are taking advantage of legal gambling to fund their terror campaigns by rigging events and laundering money from sale of narcotics.
1 Stars
Disagree
ARREST THEM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
1 Stars
Disagree
I was a fan of Juventus. No longer after the game-fixing scandal. Shameful.
1 Stars
Disagree
and who exactly is going to benefit? the sportsmen, the fat administrators, the spectators, the young talents - who??? will the tv viewers like u and me going to pay less subscription fees because telecast rights prices will fall?
this is simply not acceptable.
this is simply not acceptable.
1 Stars
Disagree
The richest sport body would win all the tournaments then..
1 Stars
Disagree
right now it is more of a threat than a problem. If this stuff is true someday, the repercussions will be loud and clear.
1 Stars
Agree
I don't think it's going on at the top level, but it wouldn't shock me if it might happen someday but one thing's for sure this is not going to help in fighting MATCH FIXING.
1 Stars
Disagree
Heather:
"The richest sport body would win all the tournaments then.."
ya rite. lol
"The richest sport body would win all the tournaments then.."
ya rite. lol
2 Stars
Agree
Sarkis Abuja, Nigeria ----
Arrest whom? Are you on dope?
Arrest whom? Are you on dope?
2 Stars
Disagree
dogfighting is illegal in US. betting on dogfighting may not be illegal. so where will the profit go? NBA?
1 Stars
Agree
It is a debate match - commonsense versus nonsense. Let's see who wins. Let's bet on this and give a cut to Instablogs. :-)
1 Stars
Disagree
Hansie Cronje, Salim Malik, Azharuddin, Mark Waugh, Steve Tikolo, Don Bradman all took money from bookies to throw games. They shamed cricket.
OK, I liked about Don Bradman.
OK, I liked about Don Bradman.
1 Stars
Agree
Best way to stop illegal betting. Players should also have their own share.
1 Stars
Disagree
The concept is absolute nonsense.
1 Stars
Agree
Everything should be fixed in sports, even the viewers' emotions too. They should be plaid for shouting for their favourite players.
1 Stars
Agree
GOOD IDEA IMPLEMENT IT SOON FOR THE WELFARE OF SPORTS BODIES.
1 Stars
Disagree
Of course, after all money does matter, who cares of national interest.
1 Stars
Agree
getting share in anything regarding money is good. Its really a good concept to have a share in betting profit, but who will manage all the betting?
Local Opinions (29)
2 Stars
Agree
Never! Sporting bodies earn billions of dollars annually through sponsorships, television rights and ticket earnings. Many sporting bodies have government tax waivers for promotion of some sports. The bookmaking industry is a completely different industry. Wherever gambling is legal, government earns huge taxes.
In my opinion, all forms of betting should be legalized in all countries, especially in developing countries. This will ensure higher revenues for the government and regulation will also take a large bite off the black market.
In my opinion, all forms of betting should be legalized in all countries, especially in developing countries. This will ensure higher revenues for the government and regulation will also take a large bite off the black market.
2 Stars
Agree
That may be a good idea for development of sports. If the share of the betting profits is used to create better facilities and train talents.
2 Stars
Disagree
betting is a vice and it must be banned. it is addictive and ruins families.
2 Stars
Disagree
well.... ppl place bets on political parties -- who will win, who will lose.... does that mean the parties or the candidates should get a cut.... lol.
2 Stars
Agree
Chinese people bet very heavily on many things. There is a big underground betting market involving billions and billions of dollars. If some part of the money is used up for development I have no problems.
2 Stars
Disagree
betting is legal in australia and government earns well. the money is used for welfare. why give the sports bodies who are anyway rich.
2 Stars
Disagree
Not at all. But there must be a limit on how much a person can bet and how frequently.
2 Stars
Disagree
Betting syndicates are actually mafia syndicates. They rig sports, fix outcome of soccer matches. There was a big scandal involving Juventus which was relegated to Serie B in 2006. Betting on sports is legal in Italy. Still see what happens. Betting must be banned to ensure fair play and save fans from being cheated.
1 Stars
Disagree
arabs are the worst offenders -------
sheiks are worst gamblers coz they have stacks of petrodollars to burn. now arab terrorists are taking advantage of legal gambling to fund their terror campaigns by rigging events and laundering money from sale of narcotics.
sheiks are worst gamblers coz they have stacks of petrodollars to burn. now arab terrorists are taking advantage of legal gambling to fund their terror campaigns by rigging events and laundering money from sale of narcotics.
1 Stars
Disagree
I was a fan of Juventus. No longer after the game-fixing scandal. Shameful.
1 Stars
Disagree
and who exactly is going to benefit? the sportsmen, the fat administrators, the spectators, the young talents - who??? will the tv viewers like u and me going to pay less subscription fees because telecast rights prices will fall?
this is simply not acceptable.
this is simply not acceptable.
1 Stars
Disagree
The richest sport body would win all the tournaments then..
1 Stars
Disagree
right now it is more of a threat than a problem. If this stuff is true someday, the repercussions will be loud and clear.
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In my opinion, all forms of betting should be legalized in all countries, especially in developing countries. This will ensure higher revenues for the government and regulation will also take a large bite off the black market.