One of the biggest controversies in sports betting, currently, is the ability for individuals to make anonymous bets through the betting changes. More specifically, the ability to take spread betting to the next level and bet on the outcomes of the actual exchanges themselves, in much the same way that people place spread bets against the outcomes of events or financial spread betting, in which individuals are betting on a wide variety of financial movements.
Criticism has been most vocal from the traditional bookmakers in the United Kingdom, especially the big three, Ladbrokes, William Hill and Gala Coral Group. According to them, allowing anonymous “punters” to bet on an outcome that might not even happen is actually causing corruption in traditional sports betting arenas, such as football betting and horse racing. This is due to the fact that it is extremely easy to ensure that a horse will lose a race, which can then lead to match fixing and other illegal scenarios.
The main thing to remember is that this is exactly the same thing that the exchanges are arguing, corruption is possible in any gambling platform. This is one of the reasons why financial spread betting and sports betting is illegal in the United States, because it is extremely difficult to monitor every single sports game or event. Like it or not, corruption is going to exist regardless of how strict the rules might be. No matter what type of sports betting or spread betting you are involved in, there is always some measure of risk and as long as you pay attention the chances of encountering corruption are extremely slim.
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