Betting on yourself to win

It seems that the rules about betting on yourself to win are pretty sloppy, in many cases allowed, or just prohibited by the sport body, but not by law. This is quite surprising as you could bet on yourself only on days when you feel in good shape. More details here: http://www.nytimes.com/2014/11/16/magazine/what-if-an-athlete-wants-to-bet-on-himself.html

Anyhow, it seems really hard to investigate which bettors are related to you and thus many people can have insider information. This whole betting business and stock exchange is a mass.

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