|Football Bettor's Survey|
Fixed Football Matches
by Jason Ong
Asian bettors are conspiracy theorists.
Most of them believe that football matches are fixed.
For the rest of us, the thought sometimes enters our heads and we kind of just wonder.
The fact is, conspiracy theorists are really not that far off. There certainly is enough evidence to suggest that fixed matches occur more often than we think they do.
Just look at some of the cases that have been reported in the news over recent years:
Some of this cases might seem innocent enough - teams influencing the appointment of partial referees for key matches. But the fact is, there are far more cases involved with betting syndicates than are reported.
I personally know of a Singapore bookmaker who went to Germany some years back to fix a German Div 2 match. This involved paying off the referee and 4 players. The operation was successful.
If you'd want a rundown on the whole football-match fixing scene, this is what it looks like:
There is no monopoly that is single-handedly responsible for all or most of the fixed matches. At best, there is a fragmented cartel structure dominating the football betting market made up of different parties and for various reasons.
Such parties would include, betting syndicates, bookmakers, football associations (like UEFA) players, managers etc. How so UEFA? It has been insinuated that they would have referees likely to have Italy progress in the Euro 2008 because the team would garner more interest and other political reasons.
How does match-fixing affect you as a punter?
Well, recognizing it when it happens proves most useful for raking in the profits. Because there is the possibility that someone or some group of people know to a good extent what's going to happen for certain matches and will likely stake a sizeable sum of money on this, we can look for signals of this in the markets using Market Analysis.
Combining Scenario Analysis with Market Analysis is a good way of identifying exploitable bets and the Silver Circle incorporates this as part of its handicapping process.
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