Spot fixing and cricket
Every cricket-related betting or fixing scandal over the past decade has been different; it is not the same story being repeated over and over again, writes Ashok Malik on Yahoo
Akhila Ranganna
25-Feb-2013
Every cricket-related betting or fixing scandal over the past decade has been different; it is not the same story being repeated over and over again, writes Ashok Malik on Yahoo. Given this changing template, there is no guarantee that the problem will vanish and fixing and player bribery will be sorted out forever, should India legalise sports betting.
Between 2000 and now a new animal has taken over the betting business: online betting. Betting websites are fascinating in their operations and in many ways approximate trading in the stock market. The odds for a match are set not by an individual bookie or a consortium of wise men but by the market.
Odds keep changing as a match proceeds. You can bet at various stages of the match and fine-tune your bet given your understanding of the game's trajectory. If your understanding is determined by insider information - as opposed to merely a cricket fan's assessment - there's a fortune waiting.
Akhila Ranganna is assistant editor (Audio) at ESPNcricinfo