
Cricket betting is any activity that involves risking money or valuables on the outcome of a game. Punters and bookies put their money on a match and often offer a few crores to cricketers, to influence the outcome of the match. This offer given by the bookies to the player, leads to match-fixing, which can be understood as a situation, where a match is played to a completely, or partially, pre-determined result. Games that are deliberately lost are called thrown games.
Methods
With thousands of crores pumped into it, cricket betting in India is done on a very massive level. Punters and bookies take money from the people who wish to bet on the match. Every area has a punter who is the link to the world of betting for newcomers. With betting being a legal activity in England, Australia and many other countries, many rackets have been caught in India where it is illegal.
Prior to every match, odds are given for both the teams. Depending on the odds, people start betting. The odds however keep on fluctuating, depending on the match's progress.
There are lakhs of bookies, both big and small, who run this business of cricket betting. Some bookies are allowed to do transaction in lakhs and some in crores. But as the market completely runs on trust, the amount limit depends upon the reputation of the bookie and reference. Beginners in the betting field aren't allowed to pump in big money. A small-time bookie may however take money and forward it to another bookie whose transactions are high. For, instance, if a bookie gets Rs 30,000 for India's win and Rs 70,000 for West Indies' win, and if he feels India will win, he keeps Rs 70,000 with him and forwards Rs 30,000 to another bookie for betting. If India wins, he will keep the Rs 70,000 and forward the winning amount to those who placed the bet in favour of India. Every bookie has eight to 10 men under him, operating from secure locations like hotels and isolated bungalows. The location is the base camp from where bets are accepted through phone.
Betting does not depend on the outcome of the match anymore, but on the runs scored by individual players, fall of wickets, a bowler's performance etc. Betting today is usually done on players' performance rather than on the outcome of the match. People bet on whether Sachin will score a century or whether Pathan will take five wickets. This has made match-fixing more easy and more players are getting into it.
Payment
The payment is done within 24 hours of the betting. The money is either given to the bookie at his office, or at some meeting point. Some of the bookies have a place, such as the paanwallah or chaiwallah in their particular area, where the money is given or collected.
Underworld
The money is basically financed by the underworld that also provides protection. A bookie who suffers losses in a particular match borrows money from the underworld and repays the don later.
Wireless service
According to sources, bookies subscribe to a wireless service specially designed for the betting circuit. This service is designed by Manoj Jaipur. The entire service is operated from Jaipur on a monthly subscription of Rs 1,500. He also added the entire circuit uses Reliance mobile phones as Reliance-to-Reliance is free.
Legal issues
Most of the bookies were not in favour of legalising of betting, because they believe that they would have to pay exorbitant taxes and charges to policemen and other parties.
Lawyer Y P Singh said that gambling laws in India are very weak. "Under the Prevention of Gambling Act, those caught would be slapped with a simple three-to-six months imprisonment. A person who admits to betting is let off on bail after a measly fine of Rs 500 to Rs 2,000," he said. "Gambling shouldn't be legalised, because several poor and middle-class families would resort to betting activities in a large number and their family would suffer. Legalising betting will surely shoot up the betting volume and make it uncontrolled," Singh added.
How to score
Betting on the performance of batsmen is very popular. For example, as Sachin walks to the wicket, bookies might predict that he will score 52 runs in that innings. As a result, they would be predicting 50 to 54 runs — the four-run gap is called the spread. You now have a straightforward choice to make. Will Sachin get more than 54 runs OR less than 50 runs? If you think that Sachin is in good form, you would stake say Rs 1,000 per run.
If Sachin goes on to score 68 runs, you win (68 - 54) x your stake = 14 x 1,000 = Rs 14,000On the other hand, if Sachin struggles is dismissed for only 30 runs, you would lose (54 - 30) x your stake = 24 x 1,000 = Rs 24,000.
You can also go the other way and "bet low". So, using the above example, you would "sell" at 50 if you think that Sachin will fail to make that many runs. You would win Rs 1,000 for every run made less than 50. So, how much you win depends on how right or wrong you are.
The first revelation
In 2000, the Delhi police intercepted a conversation between a bookie and South African captain Hansie Cronje. A court of inquiry was set up and Cronje admitted to throwing matches. He was banned from playing. He also named Salim Malik of Pakistan and Mohammed Azharuddin and Ajay Jadeja of India, who too were banned. South African cricketers, Herschelle Gibbs and Nicky Boje, are also wanted by the Delhi police for their role in the match-fixing racket. In 1998, Australian legends Mark Waugh and Shane Warne were fined for revealing information about the weather to a bookie.