To say that player-specific betting manipulation is just another piece of a larger systemic insider risk feels like it misses the actual human story playing out in those markets.
I remember when my son worked at the racetrack; the insider information was always about a particular horse or jockey, not some grand market structure.
If the rules for sharing information about a player's health or form were to tighten, that whole "systemic" idea would be much less stable, wouldn't it?
It's like saying a specific queue at the post office is part of a larger bureaucratic inefficiency; sometimes, the queue is the main problem, not the whole system.
The real stakes are often about individuals, like a young athlete whose career is impacted, not just abstract market forces.