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The AGCO has banned sportsbooks in Ontario from providing betting on UFC fights on account of integrity points. [Image: Shutterstock.com]
A tough stance
Ontario residents can not legally place sports activities bets on UFC fights on account of issues over the integrity of the sporting physique.
non-compliance with AGCO’s betting integrity necessities.”
The Alcohol and Gaming Fee of Ontario (AGCO) introduced the transfer on Thursday. The gaming regulator ordered all registered operators to cease accepting UFC wagers “on account of non-compliance with AGCO’s betting integrity necessities.”
As per the AGCO’s guidelines, sports activities governing our bodies have to implement codes of conduct that cease insiders from participating in betting whereas additionally implementing safeguards to stop match-fixing.
Considerations over insider betting
In its press release announcing the ban on Thursday, the AGCO stated UFC doesn’t totally prohibit all insiders from wagering on its fights, corresponding to coaches, handlers, medical professionals, managers, and different individuals who may need entry to insider info.
The AGCO determined to take motion on account of plenty of current incidents, corresponding to reviews of suspicious betting patterns for fights and allegations of insiders betting on the end result of bouts.
In a press release, AGCO CEO and registrar Tom Mungham asserted that insider betting guidelines are in place to guard the general public. He additionally stated that the UFC betting ban was not a call that was made frivolously because it’s a well-liked wagering market.
The AGCO stated it’s dedicated to working with sportsbook operators, the UFC, and different events to attempt to carry a few return of UFC betting sooner or later as soon as related enhancements are made.
A current suspicious incident
One current UFC combat within the highlight for the incorrect causes was a November 5 bout between Shayilan Nuerdanbieke and Darrick Minner. Quite a few our bodies started investigations into allegations of suspicious betting on the combat.
curiosity resulted in a big shift in odds pre-fight
Varied sportsbooks obtained uncommon betting curiosity for 2 choices: one for Neurdanbieke to knock out his opponent within the first spherical and the opposite for the combat to final lower than 2.5 rounds. This curiosity resulted in a big shift in odds pre-fight. Neurdanbieke received the bout by knockout after simply 67 seconds within the first spherical.
The Nevada State Athletic Affiliation is contemplating disciplining Minner for not disclosing sure info on his pre-fight medical type. Since then, the New Jersey regulator instructed its sportsbooks they’ll not provide betting on fights through which Minner’s coach James Krause has any form of involvement.
It was solely final month that the UFC formally introduced fighters and members of their group can’t place bets on fights. Explaining the choice, UFC chief enterprise officer Hunter Campbell stated it was as a result of course from betting regulators. Fighters can nonetheless have gambling-related sponsors.