One thing is very well known in the world of football: if you are a professional player, you do not bet on football. It seems, however, that betting fever does not take account of the trade. Daniel Sturridge, Liverpool’s striker, was caught betting on football and is now waiting for his punishment, which may be a drastic one. It seems like the English international has placed a number of unknown bets on the transfers from the winter of 2017.
This is somewhat similar to “insider trading” cases at the Stock Exchange, as Sturridge held confidential information that was inaccessible to the general public. Sturridge vehemently denied that he was betting on football, but the Football Association’s charges are still standing. The player has time until November 20 to answer the accusations.
The FA accuses Sturridge of transmitting confidential information to a third party, which placed the bets of his behalf. We do not know yet what are the incriminating bets. It is speculated that the time when the bets on transfers were made is when Sturridge signed with West Brom (a surprise move), when everyone was waiting for him to join Newcastle.
As for the punishment that awaits Sturridge, it will surely be a severe one. Similar cases in the past were Joey Barton, suspended 18 months for over 1,000 football bets made, and Martin Demichelis, fined £22,000 for 29 football bets. However, if it turns out that Daniel Sturridge has used confidential information for material gains from betting, the penalty may be much higher.