Internet Betting Research Articles

Chat Tracking and Monitoring System

Abstract: With the expanding utilization of instant chat messengers to share data, Suspicious exercises have additionally expanded. There are numerous sources to share the data however moment talk couriers and informal communication sites are fast, simply intended to share anything. In some cases, even new stories are at first separated via online media locales and further on talk couriers rather than any news channel and paper and so forth. Because of these innovation progressions, a few individuals are using these applications inappropriately to share suspicious messages and make arrangements to accomplish something unlawful. With the headway of web innovation and the change in the method of correspondence, it is discovered that much direct news has been examined in Internet discussions well before they are accounted for in conventional broad communications. Additionally, this correspondence channel gives a viable channel to criminal operations, for example, communicating of copyrighted films, compromising messages and internet betting and so on. Our Proposed Framework will examine online plain text messages from chosen conversation gatherings and our framework will choose which post is legitimate and unlawful. It will detect the suspicious keyword from the chatting and give a warning message to the user and also a mail will be sent to admin which will include all the details of the user. Keywords: Suspicious Chat, Chat Monitoring, Abusive word, Terrorist activities, Chat Tracking.

The Influence of E-Commerce in Changing Competition in Regulated Industries: An Analysis in the Italian Sports Betting Market

The effect of the Internet and e-commerce on industry competition has been widely discussed in economic-managerial literature. Most of the studies focused on the analysis of the impact of Internet technologies on specific industry structural factors – in particular on sectoral price levels –, but no sufficient empirical evidence based on overall industry change is yet available. The aim of this work is to analyze the influence of e-commerce on the transformation of the industrial structure and competition in a regulated market, that of Italian sports betting. This market, because the effect of a process of legalization of on-line sports betting that started in 2006, has been interested by a continuous shift of purchases of sport bets, ranging from the traditional sales channels to digital ones. This has contributed in creating an on-line gambling sector among the most developed and consolidated in the world. From a methodological point of view, firstly the data from a series of secondary sources was processed in order to examine the main changes in the Italian sports betting market induced by the legalization of on-line gambling. Secondly, the data and information collected through specific empirical investigations was used to examine the impact of Internet betting on gambling operators’ business models and on players’ gambling behavior in the Italian market. The results of the analysis has shown that the development of Internet technologies and of e-commerce has had, on the one hand, a positive influence on the growth of the sales in the Italian sports betting market; and on the other hand, has impacted on a series of structural factors in the sector – entry barriers, number of competitors, geographical opening of the market, levels of pricing, average profit margins – in such a way as to determine an increase in industry competition. In particular, use by foreign companies of the electronic distribution channel as a ‘mode of entry’ into different geographical markets is causing the development of competition that goes beyond national borders, reducing the strongly domestic oligopolistic structure that has always characterized the Italian sports betting industry.

Expanding the Study of Internet Gambling Behavior: Trends Within the Icelandic Lottery and Sportsbetting Platform

As rates of Internet gambling participation increase worldwide, so too does the need to understand how people engage in this form of gambling. This study represents the first examination of actual Internet gambling records within Iceland, a Nordic country with an active Internet lottery market that imposes strict regulations on gambling operator licenses. We summarized electronic betting records of a cohort of subscribers to the Internet betting service provider Íslensk Getspá. We observed that the typical subscriber bet approximately 3 days per month and made fewer than two bets per gambling day, each worth approximately the equivalent of $4 US. Subscribers lost the bulk (96%) of the amount they wagered, for a total loss of approximately $40 across the 2-year window of observation. Although these observations do not support the view of Internet gambling as an activity that is inherently risky for the typical subscriber, we did observe discontinuity across the distributions of gambling behavior, with the top 1% of subscribers making more than three bets per day.

Using cross-game behavioral markers for early identification of high-risk internet gamblers.

Using actual gambling behavior provides the opportunity to develop behavioral markers that operators can use to predict the development of gambling-related problems among their subscribers. Participants were 4,056 Internet gamblers who subscribed to the Internet betting service provider bwin.party. Half of this sample included multiple platform gamblers who were identified by bwin.party's Responsible Gambling (RG) program; the other half were controls randomly selected from those who had the same first deposit date. Using the daily aggregated Internet betting transactions for gamblers' first 31 calendar days of online betting activities at bwin.party, we employed a 2-step analytic strategy: (a) applying an exploratory chi-squared automatic interaction detection (CHAID) decision tree method to identify characteristics that distinguished a subgroup of high-risk Internet gamblers from the rest of the sample, and (b) conducting a confirmatory analysis of those characteristics among an independent validation sample. This analysis identified two high-risk groups (i.e., groups in which 90% of the members were identified by bwin.party's RG program): Group 1 engaged in three or more gambling activities and evidenced high wager variability on casino-type games; Group 2 engaged in two different gambling activities and evidenced high variability for live action wagers. This analysis advances an ongoing research program to identify potentially problematic Internet gamblers during the earliest stages of their Internet gambling. Gambling providers and public policymakers can use these results to inform early intervention programs that target high-risk Internet gamblers.

Rationality and Risk Intelligence in Binary Betting

We analyze 1.6 million binary bets on financial markets totaling $600 million in stakes, placed by 21,000 bettors at a large Internet betting site. The data set is unusually large and complete, plus has one additional important advantage: we can obtain objective independent estimates of the ex ante probability of winning each bet, using data from financial markets. This allows us to distinguish bettor profit due to superior prediction of financial events from bettor profit due to exploiting ex ante favorable odds situations. We focus on the degree or type of skill possessed by bettors (if any), and the amount of rationality and risk intelligence demonstrated in exploiting that skill.

Betting Markets Efficiency: Evidence from European Football

This paper uses data from up to 79 bookmakers in any one match to analyze the efficiency of European football betting markets during the 2005/2006 season. We first examine the empirical derivatives of the longshot bias, and find that the bias is much more pronounced for high-grade matches. This arguably supports the information-based explanation of the longshot bias. We also show that internet betting, by giving access to a large number of bookmakers, improves significantly bettors' potential return. Finally, we find that average odds do not provide the best estimate of the likelihood of a result. Indeed, the best available odds are informative as well, even after controlling for the average odds.

Gambling experiences, problems and policy in India: a historical analysis

This paper seeks to provide a historical overview of gambling and contemporary anti-gambling legislation in India. Based on a review of available literature, including historical sources, publications in the lay press and internet sources, this paper draws together evidence to present a synopsis of gambling and anti-gambling measures from antiquity to present times. Gambling is a popular pastime and has been a ubiquitous part of daily life from antiquity until the present. Archaic laws, framed in the 19th century, still regulate gambling in India, with a formal ban on most forms of gambling. This has created a huge illegal gambling market, with its attendant problems. Recent developments, including an explosion of sports betting operations (especially in cricket) and internet betting sites, are challenging the status quo and leading to calls for legalizing gambling. Concern for the consequences of pathological/ problem gambling is conspicuous by its absence in popular discourse and academic research. Despite the importance and longevity of the practice of gambling in the daily life of India, and the opposition to it, due to the potential for individual and societal harm there is a surprising lack of contemporary curiosity and scholarly literature on pathological gambling from the region. The prohibitions against gambling are being increasingly challenged to change to a system of legalized gambling. To inform and guide public policy and future legislation, there is a serious need to initiate rational, scientific enquiries into the nature and impact of gambling in India.

Small states and compliance bargaining in the WTO: an analysis of the Antigua–US Gambling Services Case

In recent years, studies have challenged the conventional power-based literature to show that a deficiency in resources does not limit a small state's bargaining leverage in international negotiations. However, few studies examine small state influence during compliance bargaining, the post-agreement bargaining to ensure that all signatories comply with the terms of an agreement. Using an interview with a key advisor to the small twin-island state of Antigua and Barbuda during compliance bargaining with the United States (US), and World Trade Organization (WTO) documents, this article examines how a small state can successfully attain bargaining leverage and win against a behemoth state. In this case, Antigua successfully challenged the US ban on cross-border internet gambling and betting services. The article argues that the strategies and tactics that Antigua used within the WTO dispute settlement framework contributed to the country's bargaining leverage and enabled it to punch above its weight.

Market In efficiency in Person‐to‐Person Betting: Examining ‘Known Loser’ Insider Trading on the Exchanges

Applying the Shin z measure of market efficiency to the relatively new person‐to‐person internet betting exchanges, Smith, Paton, and Vaughan Williams found “significantly lower market biases” compared to bookmaker‐dominated markets. A reduced favorite‐longshot bias is interpreted as evidence that insider trading on the exchanges “is not widespread” and “not as commonplace … as is sometimes portrayed in the media.” Given that the Shin measure assumes “betting with bookies,” whereas the exchanges represent “betting without bookies,” the present study employs the notion of ‘significant mover’ to empirically test for the presence of ‘known loser’ insider trading on the exchanges where traditional notions of bookmaking do not apply. Findings indicate that, far from being less problematized by insider trading compared to racetrack betting, activity aimed at profiting from “known losers” may be potentially commonplace on the exchanges. This includes profiting from horses that are unplaced. This study offers new insight into the efficiency of betting markets.

Inside the virtual casino: a prospective longitudinal study of actual Internet casino gambling

Participation in Internet gambling is growing rapidly, as is concern about its possible effects on the public's health. This article reports the results of the first prospective longitudinal study of actual Internet casino gambling behaviour. Data include 2 years of recorded Internet betting activity by a cohort of gamblers who subscribed to an Internet gambling service during February 2005. We examined computer records of each transaction and transformed them into measures of gambling involvement. The sample included 4222 gamblers who played casino games. The median betting behaviour was to play casino games once every 2 weeks during a period of 9 months. Subscribers placed a median of 49 bets of euro4 each playing day. Subscribers lost a median of 5.5% of total monies wagered. We determined a group of heavily involved bettors whose activity exceeded that of 95% of the sample; these players bet every fifth day during 17.5 months. On each playing day, these most involved bettors placed a median of 188 bets of euro25. Their median percent of wagers lost, 2.5%, was smaller than that lost by the total sample. Our findings suggest that Internet casino betting behaviour results in modest costs for most players, while some, roughly 5%, have larger losses. The findings also show the need to consider time spent as a marker of disordered gambling. These findings provide the evidence to steer public health debates away from speculation and toward the creation of empirically-based strategies to protect the public health.

The market efficiency of the soccer fixed odds internet betting market

The strong form of market efficiency requirement states that expected returns are equal across wagering prospects, and weak form efficiency requirement states that there is an absence of profit opportunities, meaning that all historical information relevant to the assessment of the match outcome probabilities are reflected in the odds quoted. This article empirically tests the market efficiency of the European soccer fixed odds Internet-betting market, and also presents simple betting strategy that appear to be profitable.

Betting the Future Online

Abstract The Internet has brought, among other things, the online betting exchange. From desks in the City or from laptops on sunny beaches, those in the know or out of it can place bets with each other on anything under the sun, whether likely—Australia beating England at cricket—or the reverse. If you have a hunch that a genetically engineered Tyrannosaur will wander down Oxford Street next year, and if you want to put money on it, Internet betting exchanges will find someone to accommodate you. Leighton Vaughan Williams explains how a simple change in tax regime has brought something other than just a more efficient gambling system. It has created a strangely accurate way of foretelling the future.

Legal update: ECJ rules on protection afforded by database right

In March 2004, a hearing took place at the European Court of Justice (ECJ) concerning database right and interpretation of the Database Directive. Questions had been referred by the national courts of the UK, Finland, Greece and Sweden that had wide-ranging implications for the protection that databases receive in Europe. As described previously in this journal, the UK questions were referred from the Court of Appeal in the UK's leading database right case, British Horseracing Board (BHB) v William Hill. This concerned alleged infringement of database right in BHB's horseracing database by William Hill's use of racing information on its internet betting site. Other UK actions involved the databases of football fixtures owned by Fixtures Marketing Ltd.

Curbing gambling activities on the internet

Gambling is prohibited in Taiwan, although it has existed in the society for a long time. With the emergence of the Internet in the past decade, not only is e-commerce being promoted, but Internet gambling as well. The negative influence of Internet gambling, however, is much greater than the impact of traditional gambling on our society. Due to the properties of anonymity, lack of boundaries, and the rapid spread on the Internet, it is becoming increasingly difficult for law enforcement to seize suspects who engage in illegal gambling. In this paper, we introduce some serious problems resulting from Internet gambling, and provide a procedure to investigate and curb the spread of Internet betting in Taiwan. According to our proposal, the information of evidence collected is believed to be presented conclusively in a court of law. Persons attempting to bet on the Internet should be deterred.

The Jay Cohen Affair: Lessons in the Legality of Internet Betting

551 JAY COHEN AND HIS PARTNERS WERE AHEAD of the curve. Just before the great Internet boom of the late 1990s, they formed one of the world’s first off-shore Internet betting operations. Setting up shop in Antigua—where Internet gaming was legal and even licensed—Mr. Cohen’s company took the name “World Sports Exchange.” It proved a huge success, attracting eager U.S. customers who placed thousands of bets on professional and college sporting events. But the millions of dollars flowing into the company also attracted the attention of the Federal Bureau of Investigations and federal prosecutors based in Manhattan. After a six month investigation, Mr. Cohen became a pioneer of different sort: he became the first Internet gaming operator to be indicted for violating federal anti-gambling laws.1 The government charged Mr. Cohen with eight counts of violating, conspiring to violate, and aiding and abetting violations of the federal Wire Act, 18 U.S.C. § 1084. The Wire Act prohibits persons “engaged in the business of betting or wagering” from using the wires to transmit across state lines: (1) bets or wagers on sporting events; (2) any material that entitles the recipient to receive money or credit as a result of a bet or wager; or (3) any information that assists in the placing of bets or wagers.2 Because Congress was concerned with the breadth of the statute’s prohibitions, however, it also contains a “safe harbor,” which authorizes the use of the interstate wires to transmit information that would assist in the placing of bets or wagers “from a State or foreign country where betting on that sporting event or contest is legal into a State or foreign country where such betting is legal.”3 The government claimed that Mr. Cohen and World Sports Exchange had violated each of the three statutory prohibitions and, furthermore, that the safe harbor did not apply. Vowing to beat the charges, Mr. Cohen (unlike some of his partners) returned to the United States to stand trial.4 He did not seriously dispute the facts; he acknowledged that World Sports Exchange operated a substantial offshore Internet betting operation. He claimed, however, that the Wire Act—which was promulgated in the 1960s—did not prohibit offshore Internet gaming. Noting that the Wire Act’s drafters had never contemplated Internet transactions, Mr. Cohen argued that the statute could not be applied to online sports betting. Alternatively, Mr. Cohen contended that the Wire Act did not prohibit World Sports Exchange’s operations because the betting transaction actually took place in Antigua, where Internet gaming was entirely legal. Since the betting operation was authorized under the laws of Antigua, Mr. Cohen reasoned, the Wire Act’s safe harbor provision protected him from prosecution.5