Topic: Confusion About Insider Gambling - page 3. (Read 389 times)

I don’t think they’re talking about being up to date with public information being insider information. More likely they mean people who know things that aren’t made public. Maybe a player told you he’s going to throw the game and make his team lose. Betting with that information would be considered insider gambling and is not very common.

The definition of inside gambling/sport betting in this case is wide enough for the information to go beyond injuries, it applies to any privileged information about the team, their training sessions, their performance or even the personal life of the members of the team.
Look beyond the injuries.
Because we are talking about a group of human beings (football teams) there will be always information which is supposed to stay private and not to be filtered to the press. Some star football player of the team could be struggling with some medication, addiction, emotional problems or anything which he would like to remain private among his comrades of the team.
Since those things can be negative for the performance of the person when comes to sports, someone within the team could feel tempted to sell such information to a gambler, usually I would assume the trainer has more motivations to do so, since he does not have to step on the stadium.

Either way, I believe those situation of inside gambling are not as common as fixing games, because while privileged information can be useful to bet, it does not guarantee profit as match fixing does. Both are illegal activities, though match fixing is not more difficult to go after than inside gambling, after all, those involved with the latter can always deny so wrong doing and claim it was all just about rumors.

imagine the following: real madrid will play against atlético madrid tomorrow, the bookmakers place the following odds: real madrid 2.50 and atlético madrid 2.50, but during training important players from real madrid get injured, of these 5 important players from real madrid who were injured, 3 are the best attackers and 2 are the best midfielders. but as the case happened very quickly and no one from the press knows about it and that's why the bookmakers maintain the same odds, one of the team doctor's assistants decides to bet on Atlético Madrid's victory with odds of 2.50, hours after the news channels The news begins to spread the news about the injuries, the odds drop in favor of Atlético Madrid, remaining at 1.30

When this doctor's assistant wins a bet and it is discovered that he had information about the injured players well in advance, then he will face disciplinary proceedings and will be expelled from his job. That's why I agree that all club management should not get involved with sports betting and should not sell information. It's true that even if someone on a team has privileged information, it still won't guarantee you a success if you make a bet, but it's cheating and unethical. That's why they can't allow that kind of thing in sports

Inside betting is at advantage and a secret so that the public will not be able to predict the exact way that they match will be like. This is because there can be changes in the line up of players due to injuries and trade of some players that are suppose to be present on the match day.

If the coach and players are gambling, then I believe that is was done secretly between themselves, but this can destroy the quality of the game. Like others have said, it is better to bet some minutes or hours before the match and you should also listen to sport news and do your own research so that you can be able to speculate on the match properly.

This is from the same site you shared,

"This includes insider trading, which refers to using non-public information to gain an advantage in betting or other financial activities."

Keyword: non-public

I don't understand what's so confusing about that.

Also from the same article,

"Football players and officials are prohibited from gambling on any aspect of football matches or competitions, according to the Football Association's (FA) rules."

If they are prohibited then it's more likely that they only bet among themselves in secret. The are not going to use regulated fiat bookies because of KYC verification.

Sports are often stirred by speculators who make some comparisons to teams or athletes. Even the state of mind of some players can be part of what they can instigate. Sometimes family issues are brought up to question the mental state of the player. Even when it's not big of an issue, when reported on the news, this could affect the player.
But this is out in the open so don't know why they could call it insider gambling.
 
There are plenty of these people who maintain a Boxing Vlog Channel.

In some sports, It’s required to disclose all the changes such as injuries, trade and other information in advance or else they will be disqualified for the game. I’m not confident if this is applicable to all the sports league though.

This insider info is true. Just like fixed matches, some sports manager benefit on this info because bookmaker is not aware for this changes when they are making the book odds in advance. This is the reason why the live odds sometimes have a significant change’s compared to the prematch odds even though the game is not yet started. Bookmaker usually provide odds based on stats available online and other info usually have delay before they release in the public because it needs to be finalized first.

There are certain news that don't make it to reporters prior to a match starting. For instance, everyone might be expecting the team to start with a certain set of players or use certain players for most of the match.
But for instance a player might be immediately substituted out of a match in a surprise move. This might be part of a strategy that the coach wasn't willing to reveal.

It actually happens very often. Only the coach and a handful of people within the team know this strategy. Ofc this might affect a team's odds to win as it will affect the match.
For sure fair play means that each time a team plays they should put their best efforts to win, but for instance, substitutions, injuries and strategies like keeping certain players relaxed for more important matches are still a thing and could make things worse or better for a team at a certain match.

This is different from match fixing as the team still puts efforts towards achieving the best result, but not with its best players perhaps.

That's why many people prefer betting on soccer sports a few minutes before the match starts compared to betting a few days before the match starts, so before betting you can do research first on which players will be fielded so you can easily guess the performance ability of one of the teams, I don't know what is meant by that word too, but maybe there is definitely someone looking for profit by certain officials who might collaborate with the bookie in order to make a profit from sports betting.

I also don't consider it to be match fixing or other fixing but I think it often happens in other sports betting too, so my advice for betting on sports betting is to bet a few minutes before the match starts and not bet a few days before the match, well even though it might be an opportunity the stakes are quite high and tempting, but we will never know which player will be fielded, there is definitely a risk, besides that, many people often bet when the match starts live and that can also be used as a guide so that cheating is not easily carried out in sports betting. that, but honestly I don't like live sports betting, sometimes the betting odds are so small it's not interesting to play. 

That is right and extremely common in not important leagues like Armenian,Albanian,Azeirbaijan to name a few where although UEFA has delegates to check what is going on they sure cannot imagine that the coach or high management of a team has done some inside deal and  have agreed on a fixed result for that game.This is massive in lower quality leagues and it is subject to heavy monitoring in big leagues that is why in such leagues are less common.

Yes, I think that is the very definition of it, although we might learn players being reported as injured, but it might be close to the game itself and so those who bet pre-game might not know about this news and so it will definitely affect the betting or the odds itself. And with that, those close who knew might bet on the opposite side and so they have the advantage and might win big. This is not only prevalent in Football, I even heard this to horse racing, either the horse is injured and not let known to the public until the last minute or the regular jockeys being replace and so he might guide the horse differently and might lose the race intentionally by the new jockey.

These are just rumors, just like when people are saying that games are rigged. Placing your bet few minutes before the game is good if you are a shark, but if you are just a casual better, nothing fancy here, just bet whenever you want and just do the right and the easiest thing which is to give yourself a time to analyzing the games you are betting.

Mafia, or whatever conspiracy theory we have, put that aside if you are not betting thousands of dollars to millions of dollars.

Some are known to the public but there are few that are kept private so that their opponents won’t use it to their advantage so in such a case a team member could decide to make use of it himself and place a bet based on that privileged information.

Coach, players, referees are not allowed to bet on some types of games most especially because of some privileged information and also because they are directly involved in it and so have the potential of playing just for the sake of their bets.

From what I know, insider betting or gambling is usually an advantage for the inside bettor because they have a higher opportunity to place a successful bet because of the information that have gotten and their possibility to win is great than the normal bettor, who just believes in his prediction. There is usually some inside information about a club that doesn't get disclosed, maybe until the day of the match or when the match is about to start.

Sports gamblers who always place their bet a week or some days before the match are the ones in great disadvantage because players could be sold out to another team before the day of the match.

Just as Oshosondy said, if you are a sports gambler, it is better to place your bet a few minutes before the start of the game.

Injuries or problems within the team are information that are very useful, especially on chemistry. Now, the information are already updated, you can check the injury reports before you place your bet but all that is happening inside are not reported, like I mentioned the chemistry thing.

insider's info if you look at on a negative way it could be related to rigging of games, but it's not like that, games are always fair in our eyes, fixed games information are usually not shared.

If that is what insider gambling is, it is not illegal. But I am referring to well known leagues and tournaments and not the small ones that can easily be manipulated. Manipulation in some small leagues will be more than what is called insider gambling.

If you want to bet on sport, bet some minutes to the matches and not some days or weeks before. Make sure you know the players that the couches want to use.

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


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?