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IPL betting meanders at a lower run rate.

GONE are the days when bookies earned in crores of rupees during the season of Indian Premier League ( IPL) over phone.

Earlier, either with the help of spot fixing or betting, the racket had always dealt in thousand of crores of rupees. But now when there is less craze to watch IPL, the two- minutes gap between live match and telecast time on TV are turning out to be profitable for the bookies to bid for higher rates.

Speaking to M AIL T ODAY , several bookies confessed that the fan following to watch IPL has gone down.

" Less number of people is betting in the IPL matches these days.

Mostly, the top brass of betting rackets are active across the country," said Ramesh ( name changed), a bookie.

Bookies are now dependent on the agents sent to watch the matches on the ground. These agents are told to update about each ball, and accordingly, the bookies fix the rate per ball. " These days WhatsApp also plays an important role as after the agent updates the runper- ball, a bookie fixes the rate for next two- three balls and also takes part in the betting," a bookie told M AIL T ODAY . Police said it is very difficult to identify the agents as most people use their mobile phones during the matches. " But we do keep a tight vigil on the movements ( excessive usage of mobile phone) on the ground. In case, we find anything suspicious, we monitor their movements," said an official.

Blaming it on the IPL- 2013, when the spot fixing came to light, bookies said, the betting business has been affected.

" Earlier, youth were more into betting during IPL matches and it helped the bookies earn handsome money. But now, people are not interested in betting," bookies said, adding they are forced to contact their old customers.

" It's very heart- breaking when they say they are not interested as they don't have time to watch IPL," they said.

Betting has now moved to elections, police added.

Bookies utilise the lag between a live match and telecast time to fix rates per ball

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Publication:Mail Today (New Delhi, India)
Date:Apr 7, 2017
Words:369
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