Sports corruption and developments in betting markets

David Forrest

Chapter 10 in The Economics of Sports Betting, 2017, pp 162-182 from Edward Elgar Publishing

Abstract: In this chapter the author takes a broad look at malfeasance in betting markets through match-fixing. He confronts the critical issue of how and why match-fixing might occur in some sporting competitions. This chapter sets out economic motives for players to engage in match-fixing and also establishes the structural features of betting markets that lead to fixes. The solution, however, is not to make betting markets illegal as this would be counter-productive and would harm consumer welfare. Instead, Forrest argues for the need for sports governing bodies and national and supranational governments to cooperate in detecting and punishing match-fixing.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (2)

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