BHA will utilise Genius Sports’ Price Monitoring System to help investigate irregular betting patterns.
[dropcap]T[/dropcap]he British Horseracing Authority (BHA) has moved to strengthen its integrity monitoring provisions by utilising Genius Sports’ ‘Price Monitoring System’, which will help it analyse and investigate irregular betting patterns in real-time.
Delivered by Genius Sports’ proprietary Sport Integrity Monitor (SportIM) platform, the Price Monitoring System will provide the BHA with provisions for reviewing live betting prices, industry averages and odds fluctuations from all major bookmakers via a simple desktop application.
Genius Sports integrity team will further support the BHA by sending real-time price data alerts to on course stewards, bolstering race day integrity monitoring.
In order to ensure that the BHA remains at the forefront of integrity monitoring, it is appropriate that we ensure the systems which we use are intelligent, agile and efficient
Confirming Genius Sports as integrity partners, BHA governance stated that it had gained a faster and more reliable system for monitoring its syndicated races. The monitoring system is set to cover the entire British racing calendar, totalling nearly 1,500 per year.
Robin Mounsey, spokesman for the BHA, said: “The ability to monitor all modern betting platforms and markets in real-time has been an important part of our toolkit for some time. It forms an essential piece of the complex integrity jigsaw and British Racing has led the way in its use for safeguarding betting integrity for some time.
“In order to ensure that the BHA remains at the forefront of integrity monitoring, it is appropriate that we ensure the systems which we use are intelligent, agile and efficient. We look forward to working with Genius Sports to develop our capability in this essential area.”
Through its SportIM platform, Genius Sports helps governing bodies prevent and manage the integrity concerns associated with betting-related corruption and match-fixing. Clients include numerous high-profile organisations such as Major League Baseball and the English Premier League.
Steven Burton, director of integrity, governance and sports partnerships at Genius Sports, said: ‘‘We are delighted to announce our partnership with the BHA. British horseracing is amongst the most popular in the world and this success is built upon the principles of fairness and integrity. We are looking forward to providing our specialist solutions and playing our part in ensuring that the integrity of British horseracing is upheld.’’