Tennis Corruption in The NY Times
The NY Times has a follow-up article on the after effects of the tennis betting scandal for the pros. During the August match strange betting patterns alerted the authorities that something was amiss. BetFair ended up voiding all the bets on the match. Tennis pro Nikolay Davydenko is still being investigated according to this latest NY Times article on the scandal:
Kris Dent, an ATP spokesman, also acknowledged that a “highly subjective” list of 140 suspicious matches dating from 2002 had been compiled by a European bookmaker and provided to investigators.
“There is a clear risk to the sport because players are being approached,” Mr. Dent said. “We take this incredibly seriously.”
UPDATE: The NY Times got the chart wrong, see more info here: http://blog.hubdub.com/ Thanks Nigel for the heads-up.
Labels: betfair, prediction markets
1 Comments:
Hi Stephen,
Nice post. NYT is great at charts but they've made some mistakes on this one. In the second box the price on Arguello should by 1.70 not 1 to 7. They really should have inverted the chart and used percentages instead of odds.
I have blogged more on it here:
http://blog.hubdub.com/
Nigel
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