Man City’s Martin Demichelis Pays £22K Fine After Betting Mistake

Martin Demichelis in FA betting violation.

Manchester City’s Martin Demichelis hit with a £22,058 fine after breaching FA’s gambling rules 29 times. (Image: YouTube.com)

Manchester City’s Martin Demichelis has been fined £20,000 by the FA but won’t have to serve a match ban after admitting a string of betting infractions.

German defender Demichelis found himself in hot water with the FA earlier this year after evidence emerged that he’d breached the FA’s rules on match betting.

According to the FA’s code of conduct, players, managers and backroom staff are not allowed to wager money on any football match anywhere in the world.

Blanket Ban Covers All Demichelis’ Infractions

While it might seem overly strict to impose an outright betting ban on matches that players don’t have a vested interest in, the FA is keen to avoid the kind of scandals that have dogged other European leagues such as Italia’s Serie A.

However, despite betting being one of the FA’s so-called hot topics, Demichelis gambled that he wouldn’t get caught and placed 29 bets between January 22, 2016, and February 15, 2016.

Although the exact details of each bet haven’t been released, Demichelis admitted the infraction after being formally accused by the FA.

Being found guilty of such an offence is often met with a match ban from the FA; however, in this instance, Demichelis’ admission of guilt meant he was only slapped with a £22,058 fine.

In Other News…Bond Betting Suspended by Bookies

Also hitting the UK’s betting headlines this week was the story that a number of British bookmakers, including Coral, have suspended their betting markets for the next James Bond actor.

Following a recent report outlining a meeting between Bond director Sam Mendes and actor Tom Hiddleston, money started to flood in for the Night Manager star.

Although Hiddleston’s name has never really been in the running for the role of Bond, the English actor, who is also known for his portrayal of Loki in Thor, saw his odds hit 2/1 and then 1/2 after a flurry of betting activity.

Indeed, an undisclosed wager reportedly between five and six figures was placed on Hiddlestone after he was photographed chatting with Mendes in London.

As is often the case when a runner’s odds shift so dramatically, many bookmakers decided to temporarily close their books and reassess the market.

“There’s no smoke without fire, and following the big gamble on Tom Hiddleston in the last 24 hours, we’ve had no choice but to pull the plug on the market,” Coral’s Nicola McGeady told the Guardian newspaper.

Whether or not Hiddlestone will become the next Bond remains to be seen, but it does seem as though he’s now overtaken Idris Elba as the man most likely to take over from Daniel Craig.

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