Four arrested for betting on India-England 2nd ODI

Since February, 58 men had been arrested for being involved in betting and a total of Rs 29.19 crore had been found to be at stake Getty Images

By CricketCountry Staff

New Delhi: Oct 19, 2011

Delhi Police have nabbed a betting racket operating during the second One-Day International (ODI) between India and England on Monday.

Four property dealers from Rani Bagh area have been arrested for allegedly receiving bets of Rs 1.35 crore.

According a report in Times of India, since February, 58 men had been arrested for being involved in betting and a total of Rs 29.19 crore had been found to be at stake.

Ashok Chand, DCP (crime), Delhi police was quoted in HT as saying, “Most of the arrested are graduates and are into assorted businesses like property dealing, iron smelting and transport business. Others are either IT professionals or students. Almost all of them are first-timers.”

The betting gang was busted at Budh Vihar on Monday during the cricket match at Ferozshah Kotla Ground. “We have arrested four men identified as Deepak Mukhija (39), Punit Madan (29), Pramod Jain (44) and Sunil Kumar (33). Mukhija, Madan and Kumar are property dealers in Rani Bagh while Jain runs a sports goods centre in the same area,” Chand was quoted by Times of India.

Chand added that the method of calculating the profit and loss of a match is done scientifically by punters.

“They had received bets to the tune of Rs 1.35 crore,” said Chand. The rate of the odds between the two teams originated from outside India and on the basis of that, bets were taken during the match.

“After the match is over, profit and losses are calculated by a specifically generated software known as ‘Back ‘N’ Lay PRO’. The rates keep fluctuating with the fall of wickets and runs scored. The mobile phones are used for getting the rates of the odds on the match and for taking bets from the punters. The recording facility on the mobile phone is used for keeping records of the bets placed by the punters. One set of mobile phones is specifically used for receiving the rates of betting that fluctuates ball by ball,” Chand added.