Cricket Australia Worried About Corruption After $600 Million Bet
Gamblers have bet an incredible $600 million on this season’s T20 Big Bash and in doing so made cricket’s anti-corruption police a bit nervous. The majority of the bets have been placed on Betfair, with $573 million in bets being placed before Tuesday night’s match.The Big Bash has become such big getting business that punters are going to games and betting in live markets from the grandstands in order to try and get an edge thanks to a several-second television delay. Live betting odds can greatly fluctuate with every wicket which can give people watching the game live an advantage.
A Cricket Australia spokesman said that there were the same anti-corruption measures in place as there are for international games. These measures include at least one anti-corruption officer present at each game and Big Bash players must hand in their mobile phones before play.
The vast amount of money bet mainly came from international in-play betting. Online in-play betting is illegal in Australia and many local bookies are claiming that this leaves them at a disadvantage. However, it does help to protect local sports against corruption.