Gambling Syndicate Makes RM10 Million From FIFA World Cup Finals 2018 Bets - The Coverage

Gambling Syndicate Makes RM10 Million From FIFA World Cup Finals 2018 Bets

No doubt football enthusiasts everywhere were watching to 2018 FIFA World Cup Finals to see who would take the cup home. Meanwhile, it is during this time that many illegal gambling syndicates would take advantage of the World Cup and encourage people to place their bets.

As reported by Oriental Daily, many gamblers would increase their bets as it was the last game and they wanted to recoup any losses they incurred over the past month.

It is believed that the number of bets for the final match between France and Croatia on Sunday, July 15 amounted to over RM10 million!

One of the customer service staff for a gambling website told Oriental Daily they received a large number of bets from outside Malaysia as well. The staff said that a lot of these bets came from countries such as Singapore and China, with the Chinese placing the highest amount so far.

Source: HK Silicon

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Apparently, the Chinese would place bets ranging from RM5,000 to RM20,000 while the average amount that Malaysians would bet ranges from RM500 to RM5,000.

The staff explained,

“Chinese gamblers are very daring. Whenever we announce the odds in WeChat, they will make the payment through Alipay if they are okay with it.”

The staff also said that the syndicate had all their employees work overtime to cope with the increased demand as the police had arrested some of their colleagues, leaving them short of manpower. The employees were promised generous bonuses after the finals if they agreed to do so.

According to NST, police had busted a World Cup gambling syndicate who had more than 6,800 customers. They had raided three premises in Kuala Lumpur and Johor Bahru on July 6 to nab the culprits behind the gambling syndicates who used social media to attract gamblers.

Source: SeeHua

Ever since the launch of Operasi Soga 2018, Federal Police Criminal Investigation Department director Datuk Seri Wan Ahmad Najmuddin Mohd said that they have conducted 499 raids and arrested 589 bookies aged between 20 and 45.

“Sports betting is a threat to the integrity of sports bodies that resulted in the involvement of players and referees in match-fixing.”

It’s not worth to gamble, guys.

What are your thoughts on this? Share them with us in the comment section below!

(Source: Oriental Daily / WOB)

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