Bookies push new baits, WC betting booms

first_img Ajay Kumar Chetan Sharma New DelhiJune 23, 2019UPDATED: June 23, 2019 01:56 IST India defeated Afghanistan by only 11 runs in a nail-biting World Cup clash in Southampton on Saturday.With the ICC Cricket World Cup in England picking up pace, bookies are dangling new, bizarre baits to attract more punters and widen the betting net. Earlier, bets were placed mostly on deliveries, overs, scores and wickets around power plays.Now, mouthwatering rates are being offered even on field settings, catches, whether or not captains will field within the 30-yard circle – and rain’s impact on matches. Stakes are high also for times when senior players step up and contribute to fieldsetting strategy during crunch situations.”It’s not just batting and bowling performances by senior players. We’re offering lucrative bets on whether or not they will unofficially take charge of captaincy in crunch situations. The betting market is offering Rs 35 for every Re 1 you bet in this segment,” said a bookie in Gurugram.”We had to reinvent ourselves. Our baits for punters to bet had to change. That’s the only way to widen the betting net and attract more and more punters,” said a Delhi-based bookie who claimed that the number of women punters has gone up this World Cup.On Saturday, the betting market was aflutter as India spluttered to post a good total against Afghanistan in Southampton before eventually winning the match.BETTING BIGThe satta bazaar is betting big on England and India to lift the trophy. England, the hosts this time, have never won the World Cup.India have won the title twice – in 1983 under Kapil Dev and again in 2011 under MS Dhoni. Following the form of these two teams, bookies are offering Rs 3.25 for every Rs 100 on England. They are offering Rs 3.70 for every Rs 100 on India.advertisement”England are a balanced side and have the home condition advantage,” said a bookie. “India are a favourite as their batters have shown sublime form against South Africa, Australia and Pakistan,” he said.A Noida-based bookie also said that a lot of bets are being placed on India because of their good batsmen, spinners and bowlers who can handle the pressure in death overs. Most bookies Mail Today spoke to said punters are also betting big on Australia, New Zealand and even the West Indies.THE GAMUTBetting is mostly done telephonically. Bookies are reached over apps, calls, text messages or WhatsApp to know the odds for a bet. Different estimates suggest that the size of the cricket World Cup betting market might be of several thousand crores of rupees.For big bets, running into lakhs or crores of rupees, money travels through offshore accounts to avoid detection by security agencies. “If you know a bookie, you do not need to give an advance. If you come through a reference, you pay 50% in advance. Cash transactions happen in small bets, but the big bets involve offshore accounts,” said a bookie.”We open the rates on the app every day and interested members can place bets,” he said. Bookies also use hawala routes to pay or receive money. Winners are given codes and OTPs to unlock the amount.THE LEGAL POSITION Betting in any sport is illegal in India. The Law Commission asked the Centre last year to legalise betting and gambling – pitching for stronger laws to curb match fixing and cheating. The commission said betting and gambling should be made taxable and could be used to attract foreign direct investment (FDI).POLICE ACTIONDelhi Police Spokesperson Madhur Verma said that in view of the ongoing World Cup, special instructions have been given to all SHO-level officers to gather information at ground level and act accordingly.”Our cyber cell is keeping close tabs on the online betting racket secretly operated by bookies. Officials are tracking unusual online activities during the progress of every match, especially when India is playing,” he said.Sumer Singh, DCP West, Gurugram, said cops that are taking action based on tip-offs. “As per directions from the Police Commissioner, all police stations and posts have been asked to launch a crackdown on cricket betting,” he said.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byShifa Naseer Tags :Follow World CupFollow CricketFollow BookiesFollow betting Bookies push new baits, WC betting boomsThis World Cup, punters are being lured with exciting rates for quirky bets on field setting, role of seniors and rain’s impact.advertisement Nextlast_img