Pages:
Author

Topic: Confusion About Insider Gambling (Read 458 times)

jr. member
Activity: 112
Merit: 1
February 02, 2024, 01:51:51 AM
#57
It's called "insider gambling" when someone bets on a sport with inside information that gives them an unfair advantage. It could be secret details about a player's health or their game plan. There is public information out there, but using private information in a dishonest way could hurt the game's reputation. Steps and bans from the law may happen.
hero member
Activity: 1316
Merit: 561
Leading Crypto Sports Betting & Casino Platform
February 01, 2024, 07:45:46 AM
#56
I'll simplify. Talking about "insider gambling," is unclear. Access to information the average Joe doesnt has is key. Many team details are online, but the last-minute details? That's gamblers' gold dust, not always available.

However, officials, players, and coaches may know about a player's injury before its public. Using that information to gamble is unfair. Online content isnt everything - timing and exclusivity are. They employ bookmakers or internet platforms to place their bets, blending in with the betting crowd.

Fun gambling is fine, but fairness is essential. Insider gaming skews odds and spoils fun for others. Knowing the ending of a movie before everyone else takes away the suspense, right? I support gambling, but it must be fair and to preserve the game's integrity.
member
Activity: 462
Merit: 13
★Bitvest.io★ Play Plinko or Invest!
February 01, 2024, 04:36:00 AM
#55
As far as I know insider gambling is hard to understand but its information is always secret for insider betting. If a problem occurs while betting on sports matches everyone bets internally to minimize the risk. In my opinion it is not uncommon for betting on matches where one team wins and the other loses and sometimes the reverse happens. If there is any injury in the field of sports they are usually seen by everyone and the reports are given on various sites.
hero member
Activity: 1498
Merit: 504
January 31, 2024, 10:04:08 PM
#54
Actually, I don't really understand the concept of Insider Gambling in this case, but let me speak according to my knowledge, as far as I know, insiders might be able to know more information about things that other people don't know, making it easier for them to place bets that have a better chance of winning big, but as far as I know, information about players who are injured and absent during the match is usually already circulating on social media so it is difficult to hide this information. Moreover, before placing a bet, bettors usually do an analysis first before placing a bet and find out who the players will be was revealed when making its debut so that bettors can be careful when betting.

Insider gambling can be said to be an arrangement, usually a collaboration between the team and the bookie himself so that he can gets a commission from his gambling winnings, this could be said to be cheating, but it usually occurs in small league, therefore, when you decide to bet on something that is not a big competition, it is best to think first about the risky.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
January 31, 2024, 06:05:00 PM
#53
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

Quote
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 term "Insider" should've been a dead giveaway for you since you're out here thinking they're talking about information that's already known across the internet. Insider gambling involves the use of insider information either deliberately or without the consent of the people you're trying to gain information from. That includes spying for secrets in their abilities and team setups for certain sports like basketball, what diet regimen their players use to be in tip-top shape so you can match it with your team's, negative backgrounds you can use to undermine their chances of being chosen to play in lineups, and more. Anything that you can get from a team either against their will or not so long as it gives you an unfair advantage compared to people who do not know about it will be counted as insider gambling. And I don't need to further explain why this is illegal and debilitating in terms of upholding the integrity of a certain game. We got people tarnishing the quality of the games by putting their personal interests over anything else. This could also snowball into match fixing since if you're that close to know some of their secrets you probably have some connections within that give you that opportunity, if that's the case then you can leverage this advantage to your favor and tempt people into playing in your favor with money. This has happened in the past and has killed so many leagues across the planet.
legendary
Activity: 2436
Merit: 1561
January 31, 2024, 05:50:51 PM
#52
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?.

Not always, but even if they are announced to the public, it won't happen immediately. So if you have insider information, you'd always have some time before the information gets released and before oddsmakers factor it in. With instant, online betting available, you only need a few minutes to take advantage of it.

Also, do these officials typically place their bets through sports bookies or among themselves?

How would they bet among themselves? Almost certainly they would be using sports bookies, but maybe instead of placing bets in their own name, they'd do it using either family member or a friend etc.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
January 31, 2024, 05:40:24 PM
#51
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?

Crap like that mostly happened in some minor local leagues. Big leagues will not ruin their reputation on that.

Even with inside information regardless of legit or not, if the match is not listed on bookies, then it's useless. I'm also sure that inside information is not a bargain sale where everyone will have access to it.  If a random stranger approaches us, or someone out of the blue offers something about that, of course with required payment, should not be entertained at any cost.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
January 31, 2024, 05:32:47 PM
#50
This is mostly happening in smaller leagues nowadays. But if there are still players, coaches, staff and bettors that are involved with this on the bigger leagues, they know what's coming to them if they keep on doing that. It's more of having the idea on what these players are going to do if they're going to make their games lose or win. That's really happening before when there's not that much of the exposure through social medias.

But now, many are aware that this shouldn't be done but I think that you'll still see this with smaller leagues where the players can do such for money. They're professionals but with offers of sums of money, they can make mistakes intentionally to make their team lose. Even in esports today, this is very common when the players aren't known and their games are on the bookies, they bet with it and that's why it's called 322 as part of their history.
sr. member
Activity: 1316
Merit: 379
Fully Regulated Crypto Casino
January 31, 2024, 05:26:11 PM
#49
I still do not understand what they mean by that but during matches the injuries are openly displayed for people to know how then they said insider or is there anything we don't understand here. Well most times these are the reasons why I love live matches because you can either bet on first half or second half, there are no much rules applicable rather the games are very risky because you could see a particular team that playing against the other but it would surprised to see that the opposite would win.
legendary
Activity: 2436
Merit: 1366
January 31, 2024, 05:20:47 PM
#48
I think this is something weird so its hard to tell illegal or against ethics. Normally information is the most important data you need while placing a bet on sports. Seeking publicly available information is what many sport's bettors always do. Noone would mind them doing this. But when data is very confidential but only handful of people know, its extraordinary advantage. I am pretty many different information of teams or players leak everyday through club workers and mediamen.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
January 31, 2024, 05:19:34 PM
#47
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?

Some information is available to everyone and some are not. The word "insider" says everything we need to know, someone knows much more than what is written in official announcements. Often such information can be crucial in deciding odds and in the outcome of the game itself. Why are athletes banned from betting on their games? One of the reasons is because they know a lot. Just imagine a player who knows other players, does someone owe someone a lot of money or a favor, is someone in a very bad state because of anything... Nice reading about it:
https://www.gosubetting.com/blog/betting-news/hockey-lessons-learnt-from-shane-pintos-suspension/

Insiders can't place bets by themselves, they risk a lot if they get exposed. They can be fined and banned from playing a sport for years, or even forever.


It wont be called as insider if it was been known publicly and yes these things could really that happen on which there would really be informations on which it isnt really that been exposed out.
We arent that blind that there are really those games which are really that fixed and there are really those insider gambling that could happen on which it this had been known already if we do talk about probabilities and other things. We do know that these information wont surfaced out easily and its not that first time that there would really be those insider information which some people been caught that being that related into such thing but they do know that it is risky. Once get caught then you would be ending up on sanctioned or suspension.
hero member
Activity: 1694
Merit: 691
Vave.com - Crypto Casino
January 31, 2024, 05:08:29 PM
#46
~

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.

When it comes to football betting, there are multiple factors to consider, including the health condition of the players which can fluctuate on the day of the match. Seasoned gamblers often rely on their football expertise to make better-informed betting choices. Nevertheless, it is important to acknowledge that gambling is always accompanied by risk and there are no assurances of making a profit. While having knowledge about soccer can be advantageous, one must remember that unpredictable elements always exist in the realm of sports.

Creating a strong and steady betting framework is a smart decision. This encompasses effective risk control, establishing financial boundaries, and developing a profound comprehension of the selected betting arena. While certain individuals may find casinos on gambling platforms appealing, it is crucial to bear in mind that gambling perpetually entails an inherent aspect of uncertainty.

Not only is it important to consider the risks involved, but also to focus on the potential profits. Therefore, gamblers who want to be successful must engage themselves wisely, make betting decisions accompanied by in-depth analysis, and always be prepared with a good risk management strategy.
sr. member
Activity: 1106
Merit: 398
Duelbits
January 31, 2024, 02:58:43 PM
#45
If what the gambler is pursuing is profit, then that person will continue to try to win as much as possible, whatever the means, including by cheating. However, in my personal view, I see that insider games are more often carried out by irresponsible casino bookies, and they do this simply to increase profits for the casino, where they collaborate with insiders/organizers of certain football matches. To manipulate the final result, this is done so that many bettors experience defeat. And of course this is an illegal act, which can damage the reputation of a casino, the reputation of a particular football league and can harm many people. For a legitimate and ethical casino, it must operate with honesty and transparency.
sr. member
Activity: 1274
Merit: 457
Vave.com - Crypto Casino
January 31, 2024, 02:47:40 PM
#44
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?
First of all I would like to say that after all kinds of predictions at the end of day, gambling is all about to luck. Even then sometimes proper predictions and analysis can boost the winning probability. I don't know that the are the official take they illegal benefits from their power, but if they do that then it doesn't seems good to my eyes.
legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
January 31, 2024, 02:39:09 PM
#43
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

Quote
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?

So like this, I will take the example of Bayern Munich when it was still handled by Nagelsmann. If I'm not mistaken, in that season Munich played an away match against Leverkusen. according to rumors circulating, Nagelsmann said that there was an insider who leaked their strategy when facing the match against Leverkusen. in the end, Bayern lost with a score of 2-1. and if this is true, it is clear that actions like this really violate the rules of a team, club, and could even be called selling information.
Let's flashback first, the situation at that time was that the relationship between Nagelamsnn and several players plus Munich officials was not harmonious.

Well, apart from that, things like this can be a reference for your question. There are also many other examples, if we expand further, the quote you posted could be linked to misuse by parties who deliberately leak confidential information. for example, the club informs the media crew that its main players or pure strikers are not playing because they still have to make some recovery. But in reality, this strategy could be a ploy to get the opposing team to change its patterns and systems. but because information leaks out, or insiders sell information to opposing teams. At least, the opposing team can anticipate in advance the tactics they will use and implement later.

Well, regarding the last point you said. in fact, team news and player injuries, which we can get on the internet, do not guarantee 100% validity. That's why, we need careful research and analysis if we want to involve betting. well, something like that in my opinion. If what I said is wrong, please correct it.
legendary
Activity: 3248
Merit: 1179
January 31, 2024, 02:18:13 PM
#42
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?

Some information is available to everyone and some are not. The word "insider" says everything we need to know, someone knows much more than what is written in official announcements. Often such information can be crucial in deciding odds and in the outcome of the game itself. Why are athletes banned from betting on their games? One of the reasons is because they know a lot. Just imagine a player who knows other players, does someone owe someone a lot of money or a favor, is someone in a very bad state because of anything... Nice reading about it:
https://www.gosubetting.com/blog/betting-news/hockey-lessons-learnt-from-shane-pintos-suspension/

Insiders can't place bets by themselves, they risk a lot if they get exposed. They can be fined and banned from playing a sport for years, or even forever.

hero member
Activity: 1330
Merit: 585
Leading Crypto Sports Betting & Casino Platform
January 31, 2024, 02:02:43 PM
#41
what I know is this is a kind of manipulation but it often happens in local sports matches or small leagues like in my area, usually insider gambling often occurs when officials try to bet through other channels and the team that looks like they are winning can surprisingly lose in the last minute and this is usually called a surprise for bettors but actually in small leagues this often happens in the area where I live so that officials or rich people usually discuss other channels with bookmaker and arrange ways to win bets and this will benefit the bookmaker and officials.
legendary
Activity: 2814
Merit: 1192
January 31, 2024, 02:01:19 PM
#40
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.
hero member
Activity: 1694
Merit: 691
Vave.com - Crypto Casino
January 31, 2024, 01:20:04 PM
#39
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.
hero member
Activity: 1148
Merit: 518
January 31, 2024, 09:15:37 AM
#38
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.
Pages:
Jump to: