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05-15-2012, 10:18 PM #1
Bookies pay players to fix 'session bets'The sting done by a news channel has exposed the dark underbelly of the IPL. Spot fixing seems to be the new buzz word as far as gambling and cricket goes, but in a 20-20 match, how, and why, would a player be offered lakhs to bowl one no-ball?
What's in it for the bookies?
and does spot fixing really exist?
Well, DailyBhaskar.com investigation reveals that there's more to spot fixing in IPL than meets the eye.
How spot fixing works
According to a Delhi-based bookie spot fixing is just a pawn in a greater game of dirty money and betting.
While the bookie pays a player for fixing a 'no-ball', he in fact uses that no-ball in a totally different way.
'Spot fixing is used to make bigger bets on sessions. Each match has 3 session bets. Bookies take bets on these sessions, and the fixed-balls like a no ball go a long way in determining the fate of these session bets', he said.
Every IPL match starts with odds on the outcome of the match, i.e a bet on the winner of the game. But with that, there are also 3 session bets which are opened.
The 3 sessions are divided as the first 9 overs of the first innings, the entire 20 overs of the team that bats first, and finally the first 6 overs of the second innings.
The bets are 'even' which means the odds are 50-50. The amount of money bet is doubled if a punter wins, but if he loses he ends up losing the entire bet.
The bets are placed for the total runs scored at the end of each 'session'.
So bets are taken on the team's total after 9 overs, and the team total at the end of 20 overs.
Bets are also taken on the total after the first 6 overs of the team batting second.
Fringe players are easy prey
Bookies are increasingly targeting domestic players as they are easy to approach and are also relatively open to fixing. Most of these players see IPL as a window to give their careers a financial boost. Relegated to playing domestic cricket, with no serious chance of making it to the national side, these players are flexible when it comes to doing 'that extra bit' to make some quick cash....being a human...