How do sports trading firms prevent employees from betting via their own personal accounts?

[On_The_Edge]

Nowdays there are many trading firms specialising in sports, e.g. Star Lizard, White Swan Data, playmetech, and so on. These companies have access to a vast amount of data and employs many quants, data scientists, traders and software engineers to gain an edge.

I am sure that most, probably all of these companies get their employees to sign some sort of "exclusivity" document that declares the said employee won't be placing their own bets or trades on the sports that the company is trading on as well.

Is this at all officially enforced in practise? Do the firms get the employees to shut down their own exchange accounts before joining the firm, something like that?

How else would any company ensure that a guy who works for them doesn't go off on a weekend and use their edge to his own advantage, either via online exchange or bookmaker? Or pop down the bookie shop? Or maybe doesn't even use their edge, but simply continues to use his own strategies in his spare time?

[Fugazi]

Nowdays there are many trading firms specialising in sports, e.g. Star Lizard, White Swan Data, playmetech, and so on. These companies have access to a vast amount of data and employs many quants, data scientists, traders and software engineers to gain an edge.

I am sure that most, probably all of these companies get their employees to sign some sort of "exclusivity" document that declares the said employee won't be placing their own bets or trades on the sports that the company is trading on as well.

Is this at all officially enforced in practise? Do the firms get the employees to shut down their own exchange accounts before joining the firm, something like that?

How else would any company ensure that a guy who works for them doesn't go off on a weekend and use their edge to his own advantage, either via online exchange or bookmaker? Or pop down the bookie shop? Or maybe doesn't even use their edge, but simply continues to use his own strategies in his spare time?

What's to stop me stealing from my local corner shop?

[Euler]

Nowdays there are many trading firms specialising in sports, e.g. Star Lizard, White Swan Data, playmetech, and so on. These companies have access to a vast amount of data and employs many quants, data scientists, traders and software engineers to gain an edge.

I am sure that most, probably all of these companies get their employees to sign some sort of "exclusivity" document that declares the said employee won't be placing their own bets or trades on the sports that the company is trading on as well.

Is this at all officially enforced in practise? Do the firms get the employees to shut down their own exchange accounts before joining the firm, something like that?

How else would any company ensure that a guy who works for them doesn't go off on a weekend and use their edge to his own advantage, either via online exchange or bookmaker? Or pop down the bookie shop? Or maybe doesn't even use their edge, but simply continues to use his own strategies in his spare time?

I've seen Starlizard first hand, and other syndicates.

Starlizard try to firewall the processes so one side doesnt' speak to the other. But even then it's got to be really hard to stop ideas leaking out.

There is a lot of cross fertilisation of employees from various big syndicates. Just like any other business.

[On_The_Edge]

Nowdays there are many trading firms specialising in sports, e.g. Star Lizard, White Swan Data, playmetech, and so on. These companies have access to a vast amount of data and employs many quants, data scientists, traders and software engineers to gain an edge.

I am sure that most, probably all of these companies get their employees to sign some sort of "exclusivity" document that declares the said employee won't be placing their own bets or trades on the sports that the company is trading on as well.

Is this at all officially enforced in practise? Do the firms get the employees to shut down their own exchange accounts before joining the firm, something like that?

How else would any company ensure that a guy who works for them doesn't go off on a weekend and use their edge to his own advantage, either via online exchange or bookmaker? Or pop down the bookie shop? Or maybe doesn't even use their edge, but simply continues to use his own strategies in his spare time?

I've seen Starlizard first hand, and other syndicates.

Starlizard try to firewall the processes so one side doesnt' speak to the other. But even then it's got to be really hard to stop ideas leaking out.

There is a lot of cross fertilisation of employees from various big syndicates. Just like any other business.

But Starlizard can't firewall employees personal computers? And it's not as if these syndicates can force employees to close down their personal accounts and make them regularly show their bank statements to check that they don't have any betting deposits / withdrawals? Or can they?