Home > News >

Bookies lose Rs 35,000 crore in IPL 2013 post spot-fixing crackdown

Bookies lose Rs 35,000 crore in IPL 2013 post spot-fixing crackdown

According to police officials, with the authorities cracking down on the betting racked in major cities, including Mumbai, Ahmedabad and Chennai, betting syndicates have stopped taking wagers. Even the hawala operators have gone missing © Getty Images

New Delhi: May 23, 2013

With a pan-India crackdown on betting rackets, Delhi bookies have suffered a whopping loss of Rs.35,000 crore as most of them have either wind up their business or have gone underground after the spot fixing in the Indian Premier League (IPL).

The business was worth Rs.50,000 crore at the start of the Indian Premier League (IPL), but within a week, with the arrest of three Rajasthan Royals cricketers, it has been reduced to Rs.15,000 crore, Delhi Police sources told IANS.

According to police officials, with the authorities cracking down on the betting racked in major cities, including Mumbai, Ahmedabad and Chennai, betting syndicates have stopped taking wagers. Even the hawala operators have gone missing.

Following the crackdown on spot-fixing scandal, Delhi bookies are facing a huge loss of Rs.35,000 crore as they have stopped spot-fixing and gone underground, sources said on Thursday.

“Spot fixing has been stopped but the money is used in match fixing in the IPL match,” a Delhi Police official told IANS.

Around 1,500 bookies are still operating in Delhi and National Capital Region (NCR) areas, including Gurgaon.

Delhi’s north and central areas like Model Town, Malkaganj, Rohini, Karol Bagh, Lahori Gate, Chandani Chowk, and east and west areas like Tilak Nagar, Rajauri Garden and Preet Vihar are famous for betting rackets.

Delhi Police have put some of the well known bookies under surveillance.

Delhi Police were the first to expose the spot fixing scandal by arresting S Sreesanth, Ajit Chandila and Ankeet Chavan and 11 bookies in a post-midnight operation in Delhi, Mumbai and Ahemdabad May 16.

Read more stories on IPL 2013 spot-fixing controversy

Catch live updates of IPL 2013 spot-fixing controversy here

World T20 League 2014

Sep 17, 2014 (20:00 IST)   at Hyderabad

World T20 League 2014

Sep 18, 2014 (20:00 IST)   at Mohali

World T20 League 2014

Sep 19, 2014 (20:00 IST)   at Raipur

World T20 League 2014

Sep 20, 2014 (16:00 IST)   at Mohali

World T20 League 2014

Sep 20, 2014 (20:00 IST)   at Mohali

More

World T20 League 2014

Sep 16, 2014  at Raipur

Northern Knights won by 6 wkts

World T20 League 2014

Sep 16, 2014  at Raipur

Lahore Lions won by 55 runs

World T20 League 2014

Sep 14, 2014  at Raipur

Mumbai Indians won by 9 wkts

World T20 League 2014

Sep 14, 2014  at Raipur

Northern Knights won by 72 runs

World T20 League 2014

Sep 13, 2014  at Raipur

Lahore Lions won by 6 wkts

Photos

West Indies vs Bangladesh, 2nd Test at Gros Islet

Videos

Anderson plays golf with Jaguar competition winners

Kevin O’Brien: Ireland will look to adjust to conditions in Australia-New Zealand ahead of ICC World Cup 2015

Kolkata Knight Riders (KKR) vs Chennai Super Kings (CSK) CLT20 2014 Match 1 — Key battles

Kolkata Knight Riders (KKR) vs Chennai Super Kings (CSK) CLT20 2014 Match 1: Kolkata Knight Riders’ likely XI

Kolkata Knight Riders (KKR) vs Chennai Super Kings (CSK) CLT20 2014 Match 1: Chennai Super Kings’ likely XI

CLT20 2014: Why Mumbai Indians failed to recreate the magic

Bangladesh Bangladesh vs West Indies Bangladesh vs West Indies 2014 Champions League T20 Champions League T20 2014 CLT20 CLT20 2014 Lahore Lions MI Mumbai Indians Northern Knights Southern Express West Indies West Indies vs Bangladesh West Indies vs Bangladesh 2014

KKR vs CSK in CLT20 2014: Faf du Plessis snared by Piyush Chawla

KKR vs CSK in CLT20 2014: Suresh Raina dismissed by Suni Narine

KKR vs CSK in CLT20 2014: Yusuf Pathan, Piyush Chawla stifle CSK

KKR vs CSK in CLT20 2014: Suresh Raina looking good for Chennai

Kolkata Knight Riders (KKR) vs Chennai Super Kings (CSK) in CLT20 2014: Yusuf Pathan dismisses Brendon McCullum

Champions League T20 (CLT20) 2014: Key highlights, lessons from qualifiers

Four interesting statistics about Ravichandran Ashwin

West Indies raise hopes ahead of India tour with dominant show against Bangladesh

Leave it to Smiths — an all-Smith XI

Kevin O’Brien: Ireland will look to adjust to conditions in Australia-New Zealand ahead of ICC World Cup 2015

Fan of the Day

Suraj Gowda

Suraj Gowda

635 Posts | 7 Fans

Yuvraj Singh in Anupam Kher show

Consuming high-fat dairy products reduces diabetes risk

Why some people are naturally inclined to music

Traders allege predatory pricing by online companies, may stop supply

Desi Kattey Video Song Albeliya: Tia Bajpai and Akhil Kapur’s prosaic chemistry adds no romantic value

Pakistani Bowler Saeed Ajmal will undergo Biomechanic tests, says PCB domestic head Intikhab Alam

Yeh Rishta Kya Kehlata Hai: Will Naitik blame Akshara for losing Naksh?

Hrithik Roshan: Bang Bang dance number is my ode to Michael Jackson!

iOS 8: 10 key features you should watch out for

Also on cricketcountry.com

Play Fantasy Cricket & Win

Cash Daily! Click here