The International Betting Integrity Association (IBIA) reported 42 reports of suspicious betting to the appropriate authorities in the third quarter (Q3) of 2024. The total for Q3 2024 is 54% lower than the corrected number of 91 alerts in Q2 2024, and 16% lower than the total for Q3 2023, which was 50.
IBIA and its increasing membership monitor approximately $300 billion in annual sports betting turnover (handle) across more than 125 companies worldwide.
The 42 suspicious betting instances in Q3 spanned five sports, 18 nations, and five continents. Other noteworthy data for the third quarter of 2024 include
In Q3, football and tennis received the most alerts (14 apiece), accounting for 67% of all notifications.
• Sports events in Europe accounted for 33% of all recorded alarms, down from 20 alerts in Q2 2024.
In Q3 2024, there were 5 alerts on athletic events in Burundi, accounting for 12% of all alerts. So far in 2024, there have been six alerts, the first since 2020.
• There were 12 esports alerts recorded, a 75% reduction from 48 in Q2 2024.
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Khalid Ali, CEO of IBIA, stated: “The third quarter saw football and tennis register the largest number of warnings, however those numbers are consistent with those seen in prior years and, in the case of tennis, reflect a considerable reduction compared to its peak. It should also be noted that esports alerts returned to more typical levels in Q3, following a surge in Q1 and Q2 caused mostly by a related instance. We continue to collaborate closely with integrity authorities in those sports, as well as all sports, where we notice suspicious betting, with the goal of discovering and penalizing corrupt activities in order to preserve athletic events and betting markets.”
The Q3 integrity report focuses on the key football betting markets and uses data from the Availability of Sports Betting Products report, which was issued earlier this year. According to the calculations, the main football markets are expected to create more than $500 billion in worldwide turnover by 2024, resulting in a total gross win of $46.3 billion.
Consumers anticipate access to these fundamental betting markets, and any legislative restrictions on these products would eventually affect onshore channelisation.
IBIA is a non-profit integrity monitoring group with no competing interests in providing commercial services to other industries, and its primary goal is to safeguard regulated sports betting markets against match fixing. IBIA’s worldwide monitoring network is a powerful anti-corruption tool that detects and reports suspicious conduct in regulated betting markets.
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