How Gambling is done in Cricket?
Cricket is an international game that played on Small Street to the big stadium. Cricket has a huge market, and it is very popular among people. Different formats of the game are available. The international tournament also takes place. Cricket is the national game of England. Gambling in the world of cricket has bloomed the market with a parallel economy. This market has separate systems and rules for their payment. No one can predict or count how much investment exists in cricket.
How to bet?
To bet in cricket they are two ways present. the first way is to bet on the result of the game. For example, you can bet on the team whether they will lose or win. The second method is bet on the outcome of the six overs. You have to predict the score of the game in those six overs. For example, that after the completion of the sixth over the score of the batting team will be 75 or85 whatever as per your calculation.
Who can bet?
Bookies do the betting with the help of proper referrals. The whole system of gambling runs on trust. Here, trust plays a vital role in the game. People believe in using the proper referral so it becomes easy for them to recover it in case of someone’s denial. The minimum amount you can bet on is 100 rupee and the maximum is as per your convince. People often bet for 100 or 200 crores as well. Even it is observed that people with lesser betting often make noise when they lose or win but the rich you bet on the cricket often show the poker face where they created the huge loss or the big profit.
In a huge number of countries gambling on cricket is illegal as it affects the integrity of the game and players. But still, every country is facing the fear of the illegal gambling happening on the cricket. As the gambling market of the cricket is so huge that single bookies from some random city will bet 125 CR or more. This is just one in some random city. There will be a huge list of people from different cities. Hence the market is so huge then you can’t even imagine how much growth a country GDP will show if we make it legal.