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Olympics Sign Agreement With Genius Sports To Track 2016 Rio Summer Olympic Betting Odds

What Is covered in the Olympics-SportIM deal?

According to a press release on the bargain,”all of sports contests covered by the IOC’s Integrity Betting Intelligence System (IBIS), such as the events in the Olympic Games and also a variety of competitions organised by International Federations are implied in the agreement.”
IBIS already reportedly worked with a massive swath of sportsbooks and labs, however, the deal with SportIM should provide the IOC even greater insight into sports betting markets.
IOC’s Chief Ethics and Compliance Officer P??querette Girard stated this on the SportIM deal:
“In 2013we launched our Intelligence Betting Integrity System to collate alarms and information on game manipulation and, ever sincewe have further optimised the mechanism. We’ve identified responsible organisations that could help our international effort to prevent corruption and are thrilled about our new venture with Genius Sports.
“They’ll offer added value by making available their expert skills, knowledge and technical experience during the Olympic Games and other major sporting contests organised by the IFs.”
And Genius Sports CEO Mark Locke:
“We are very happy to partner with the IOC at the Olympic Games Rio 2016 and beyond. The Olympic Games represent the pinnacle of world sport and are the best platform to showcase the values of excellence, friendship and respect upon which sport is built. We look forward to sharing our experience and wisdom to help the prevention of match manipulation in order to further protect the integrity of these extraordinary and major competitions”
First Utilized in 2014 for the Winter Olympics in Sochi, Russia, IBIS discovered no gambling irregularity at the time, according to the IOC.
Obviously, gambling on the Winter Games is much out-paced by summer olympics gambling. Which has more high-profile sports.

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