- Jan 3, 2012
- AFL Club
- Other Teams
- Chelsea FC
Those pesky Indian bookiesI am pleased you posted that because it allows me to explain some subtleties of betting related corruption and cricket. It is not as I think you seem to be imagining it, though your view is based on a very common misconception. Say I know NZ are going to win. I don't know what odds they were pre match, let us say $4. Say I know they are going to win in advance, I back them for $1k and win $3k. And spend the day on the beach. Corruption in cricket once worked pretty much like that. Now there are massive and liquid in running markets where odds fluctuate every ball. The more times you can get odds fluctuations in a match when knowing the eventual result, if you know in advance play by play more or less, your $1k will make you many multiples higher than the $3k you make just by backing NZ pre match. So in a corrupt scenario, of course they will be looking for rallies from the losing team, these are worth huge money! Happy to explain this further if people want the boring detail of how you would back and lay your way to a massively positive book from the $1k starting bank.
So if an expert punter knew the result in advance, the low NZ score is a huge money maker, Jadeja-Dhoni stand a huge money maker, the Dhoni square cut 6 a decent money maker. And all the other things that make the odds fluctuate within the match.