The NY Times ran an article two days ago about the British betting exchange Betfair.com. It's the same site I wrote about a couple months ago when discussing betting on the Presidential primaries and election. The article mentions the scandals that have happened in the world of tennis betting, as well as other sports.

While the article itself does not take an editorial stance, it does provide several solid arguments in favor of sports betting. Among other points, they quote a Wharton professor saying that there is a greater chance of corruption when sports gambling is unregulated rather than when it is regulated.

In other words, or at least in my words, the college and professional sports leagues and associations should get their heads unburied from the sand and see that the bookies can be their biggest allies in protecting the integrity of their sporting events.

Here's the NY Times article.

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