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This is why you need to frequent casino and bookie review sites like EfirBet, which has a great review of Betfair that you can checkout here.
There is not going to be a single word in the headline about the recent betting scandal. If there is, you haven’t heard it yet but the truth is out there
This is why you need to frequent casino and bookie review sites like EfirBet, which has a great review of Betfair that you can check out here.
There is not going to be a single word in the headline about the recent betting scandal. If there is, you haven’t heard it yet but the truth is out there.
Why did the betting authorities decide to allow Betfair – which is a company that is publicly traded on Wall Street – to continue as the only regulated betting company for U.S. residents (the U.K. has a few regulated bookmakers available to residents but it is a far cry from the number of betting firms) even though its conduct is widely known to be unethical by the industry?
Why?
The truth is, everyone in the betting industry is in the game for one reason and one reason only… to make money. The betting industry is a very corrupt business and there is a lot of money to be made. There is also, of course, a lot of money to be lost. These are the things anyone involved in the gambling or betting industry should be concerned by if they aren’t already – especially the politicians whose jobs are dependent on the continued profitability of the gambling industry.
The following are but two of the many reasons I cite above.
Why did the betting authorities decide to allow Betfair – which is a company that is publicly traded on Wall Street – to continue as the only regulated betting company for U.S. residents (the U.K. has a few regulated bookmakers available to residents but it is a far cry from the number of betting firms) even though its conduct is widely known to be unethical by the industry?
Why?
It is impossible to predict what will happen this time around. A gambling scandal involving Betfair will be the subject of endless media attention. We saw that with the ‘Betfair Scandal’ of 2008 which was followed by hundreds, if not thousands of lawsuits across the U.S. and UK. These lawsuits cost Betfair millions of pounds in damages. It will be very difficult to make Betfair pay for damages (and there are other companies, such as Bwin and Bwin.party, who also have operations across the U.K. (Betfair.
Today’s winners:
5 Reel Circus – 162.7 ltc
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Zombiezee Money – 32.7 bch
Maaax Diamonds – 156.1 ltc
Tropic Dancer – 527.1 dog
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Serengeti Diamonds – 23.7 eth
Diamond Chief – 439.9 ltc
Bicicleta – 59 usdt
Desert Drag – 194.5 usdt
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