Legal Betting On Football
Betting is a growing industry worldwide and FIFA estimates that the total global turnover from betting on football tournaments is worth billions. While this industry represents a source of funding for the game, it also represents a risk to the integrity of football.
In the context of match manipulation, the course or result of a football match or competition can be influenced or manipulated with a view to gaining illegal betting profits.
Betting is a growing industry worldwide and FIFA estimates that the total global turnover from betting on football tournaments is worth billions. While this industry represents a source of funding. Yes, college football betting is legal in the United States and there are two options. Domestic Sportsbooks - There are many states that have legalized domestic sports betting and wagers on. Legal college football betting pulls in billions of dollars in wagering revenue every single year, and it is just getting more and more popular. One of the biggest reasons that college football betting is so popular is that there has been an increase in the number of people wagering at legal sports betting.
FIFA is fully committed to protecting the integrity of football worldwide and has therefore put in place specific rules on betting, gambling and similar activities in football.
INVOLVEMENT WITH BETTING, GAMBLING OR SIMILAR ACTIVITIES
Legal Betting On Football Game
Those bound by the FIFA Code of Ethics, namely all officials, referees, players as well as match agents and intermediaries, are subject to the Code as follows:
- They are forbidden from participating in, either directly or indirectly, betting, gambling, lotteries or similar events or transactions related to football matches or competitions and/or any related football activities;
- They shall not have any interests, either directly or indirectly (through or in conjunction with third parties), in entities, companies, organisations, etc. that promote, broker, arrange or conduct betting, gambling, lotteries or similar events or transactions connected with football matches and competitions;
- “Interests” include gaining any possible advantage for the persons bound by the Code themselves and/or related parties.
According to art. 26 of the FIFA Code of Ethics, the following conduct can be subject to an integrity investigation, which can lead to a fine of at least CHF 100,000 and a ban on taking part in any football related activity for a maximum of three years:
DIRECT INVOLVEMENT
Example: a football player/referee/official places a bet on any football match
Online Betting Football
INDIRECT INVOLVMENT
Examples:
Bet On Football Games Legally
- A third party places a bet under his/her name on a football match with the money of someone involved in football, and the person involved in football receives the proceeds.
- A third party places a bet under his/her name with his/her own money on a football match together with someone involved in football, and they share the proceeds.
- Someone involved in football shares inside information, which is information that only that person has due to his/her position in the game and which is not available to the public, with a third party. The third party places a bet on this football match based on the information received.