Find what you are looking for @ eBay.ca!

Free Hotel rooms!

Advertise |Yellow Pages |Classifieds |Guest Book | Discussion | Matrimonial | Personals | Email | Add site   
NEW !| Festivals of India | Discover India | Cricket | Search | Cybersoft India | What's New | Picture Gallery

Top News from Major Indian News Sources on Globalnews.net
aspzonerule.gif (202 bytes)

Match Fixing - a report
 

newdelhi.net ! SPORT

Match Fixing

Chronology of events

Match Fixing - terminology

Betting-History

Betting-Procedure

Major bookies and punters

Betting-Dimensions

Cricketer/Officials questioned

Foreign players

Legal Position

Latest Stories...

Azhar appears before Madhavan, examination on

CBI report has no legal sanctity, says Joginder Singh

Irani, Ajay Jadeja, Mongia questioned

Madhavan to question Kapil

Income Tax dept to proceed against tainted cricketers

 

      
BETTING PROCEDURE

The 'odds' for a particular match are decided among bookies based on certain accepted criteria such as the relative strength of the two opposing teams, previous record, pitch and weather conditions, team composition, etc. for example, if two teams, 'A' and 'B', are scheduled to play, and where 'A' is perceived to be relatively weaker than 'B', then the odds may be 60 paise on 'B' and 150 paise on 'A'. After these 'odds' have been decided upon, primarily by bookies based in Mumbai, they are transmitted telephonically to bookies in different parts of India and betting starts.

Punters place bets with concerned bookies over telephone. For example, if a punter places a bet of Rs. 1 lakh on team 'B' winning the match, he will get Rs. 60,000/-, if team 'B' actually wins. On the other hand, if he places a bet on 'A' winning the match and if team 'A' actually wins the match, he will get a sum of Rs. 1,50,000/-. However, in case he loses his bet in either instance, then he pays a sum of one lakh which he placed as a bet, to the concerned Bookie. The whole betting procedure is a very flexible system in which 'odds' keep changing during the course of the match depending on how the match is progressing and the punter can conclude and place fresh bets according to his judgement.

Without going into the intricacies of changing 'odds' during the course of a match, it is emphasised that bookies generally manipulate the 'odds' in such a manner that they seldom incur huge losses. It is generally the punter who risks losing his money. The 'odds', which keep fluctuating as the match progresses, are transmitted to the bookies throughout India by mobile phone, pager or through the 'Dibba' system.

The 'Dibba' has a phone with speaker facility. The person operating the 'Dibba' will normally have a Mini Exchange in which there are 10 to 12 incoming and around 100 outgoings lines. An operator will constantly receive the prevailing 'odds' in the incoming lines from the bid bookies. These 'odds' are in turn constantly passed on to the other bookies/punters through the outgoing lines from the phone with speaker facility. The outgoing lines are also used by bookies/punters throughout India for the latest information about prevailing 'odds' at Mumbai. The outgoing lines are kept energised throughout the match. Our enquiry has disclosed that primarily the owners of STD booths act as conduits in this sort of a communication network.

The operations of betting syndicate in India are in the nature of a cartel. This primarily means that there are no two groups of bookies who fix 'odds' at widely differing rates. This, to a degree, ensures that there is no cut-throat competition which harms the interest of bookies.

In spite of this, if there are any difference regarding any particular match, these are sorted out mutually among themselves.

Related Stories...

Lucknow stunned

Indian help sought

After the fix, withdrawal symptoms

Fear stalks English cricket

CBI report has loopholes, failed to probe certain angles

Match-fixing: BCCI delays judgement

Australian media hails CBI report into match-fixing

Jadeja manhandles photographer

Filing of corruption case against Azhar,Ajay Sharma possible

Former Pak capt. Asif Iqbal big player in match fixing

England silent on Stewart's involvement in matchfixing

Ranatunga, De Silva summoned by Sri Lankan board

They says

Bottom Border
 

Advertisement

 
 

Cybersoft Internet Solutions New Delhi India
Phone: 578 6274, 578 9247  TeleFax: 573 6189
Email: newdelhi@newdelhi.net
Phone From Outside India : + 91-11-578 9247, 578 6274.
Fax From Outside India : + 91-11-573 6189.

Privacy Policy - Disclaimer
International Copyright (C) 1995-2000 Cybersoftsystems.com and
respective partners.