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The Documentary Podcast

Does the House Always Win?

The Documentary Podcast

BBC

Society & Culture, Documentary, Personal Journals

4.32.6K Ratings

🗓️ 9 December 2015

⏱️ 27 minutes

🧾️ Download transcript

Summary

The world of in-game betting where gamblers test their skill and luck almost as the action happens is growing fast as the lucrative new frontier for the betting world, and is particularly popular in the huge Asian market. Does it pose a threat to the integrity of some our most popular sports?

Transcript

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0:00.0

Thank you for downloading from the BBC.

0:04.0

The details of our complete range of podcasts and our terms of use, go to BBCWorldServis.com slash podcasts. So can I put a fibre on the stylish chap to win in the 2 o'clock?

0:21.0

33 to 1.

0:22.0

33 to 1. Thank you. This is the way many people gamble on the result of a horse race or a football match at a betting shop like this one in central London.

0:33.0

But in the last decade there's been an explosion in what's known variously

0:37.0

as in game, in play, in running or live betting,

0:41.0

gambling while an event's taking place.

0:44.3

Pet 365.com.

0:46.4

It's all about the in play.

0:48.0

It's all about the next goal, the number of corners.

0:52.0

The match comes...

0:53.0

Countries like France, Australia and Italy are trying to curb this form of betting.

0:58.0

But what's wrong with it?

1:00.0

I'm Simon Cox, and in does the house always win on BBC World Service I'm going on a

1:04.6

journey to meet the gamblers trying to beat the system.

1:09.4

Part one place your bets.

1:13.0

In order to understand in game betting, I've come to Plumpton race course in Southern

1:23.9

England on a beautiful sunny day. Plumpton weren't keen on me coming so

1:28.3

wouldn't let me record inside and I couldn't use any commentary or sound from here either.

1:34.0

Plumpton's reluctance is because of a practice that racing isn't keen to talk about,

1:39.0

that's taking place in some of the hospitality boxes.

1:42.0

Inside several with curtains drawn are professional gamblers.

...

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