Wager Mage
Photo: Sandeep Singh
Spot-fixing, or fancy-fixing, is not new. It has been around for as long as results of entire matches have been being fixed, but only those who were involved in it, bookies and players, knew of it at the time. "Fancy-fixing" is the term bookies themselves use for it.
A player total of 21 on the first two cards is a "natural" or "blackjack", and the player wins immediately unless the dealer also has one, in which...
Read More »
The Sportsbook with one of the fastest options for payout processes is FanDuel, offering winnings withdrawals through ACH/E-Check, physical checks,...
Read More »Spot-fixing, or fancy-fixing, is not new. It has been around for as long as results of entire matches have been being fixed, but only those who were involved in it, bookies and players, knew of it at the time. "Fancy-fixing" is the term bookies themselves use for it. Focusing on small events within games rather than entire games themselves gained prominence when the heat of match-fixing got to be too much for bookies. All kinds of bets are placed under this kind of fixing. Generally the more popular ones are session bets, where in a 50-over ODI, bets are placed on how many runs will be scored or how many wickets will fall in a 15-over session. There are clever ways to manipulate this and maximise your profits if players are involved. For example, if the original bet is for, say, 60 runs in the first 15 overs, the openers can hit a few early boundaries, drive the run-rate up and make that target seem unfeasibly low. This changes the odds in the market and the batsmen will then manipulate the run-making so that the score after 15 overs is one that will be of most benefit to the bookie financially. I have seen this happen in international games, in big tournaments. Strong teams, for example, make huge scores of 100-plus in the first 15 against other strong teams, but against minnows they struggle to 60-odd. I remember a game where one side got to 82 for 0 after 12 overs and ended on 87 after 15 - which just doesn't seem right. From what I know, some cricket matches have been scripted, like movies or plays, where it is decided that so many runs are to be scored in the first session of a Test, or how many in a certain over, and so on. There are also all kinds of other events bookies will take bets on. Just about any event you can think of - and cricket has so many - is open to spot-fixing (see sidebar). The problem is that you could end up suspecting every incident in every match, because theoretically any of them could be fixed. For an idea of the lengths that bookies go to, consider that I have heard in some cases of bookies backing a certain player, making sure that he does well in games (by paying his opponents to fail) and thus helping him become captain and getting him on their books. Spot-fixing: the basics What is spot-fixing? Spot fixing is about getting players/officials to act in a specified predefined manner at a particular time or during a particular session of a match, with or without adversely affecting the overall outcome of the game. It is also known as micro-fixing or fancy-fixing. What kinds of events does spot-fixing target? Anything from the ordinary to the bizarre can be the focus of spot-fixing. Who will win the toss, which umpire will stand at which end of the wicket, how many players will be wearing sunglasses, how many times the wicketkeeper will take the bails off in an innings, which bowler will come on first change, when the new ball will be taken. All of these and any number of other similar (and at times very silly) aspects can become the subject matter of both legal and illegal bets. If a fixer has prior information relating to a predetermined occurrence during a specific period or session of a match, he can make a killing and happily share a part of the booty with the player/official who is his accomplice.
It's because parlays typically provide the house with a larger edge than straight bets. As more and more bets are included in the parlay, the juice...
Read More »
Perhaps part of the answer lies in a seminal paper published in 1956 by the psychologist George A Miller called “The Magical Number Seven, Plus or...
Read More »What is session betting? Each innings of 50 overs in an ODI is divided into three sessions of 15, 15 and 20 overs each. For each session, bets are accepted on permutations and combinations involving runs scored and wickets taken, and more marginal aspects along the lines of those mentioned above, such as, for instance, how many wide balls will be bowled in a particular session. In recent times both legal and illegal bookkeepers have started offering odds on session betting. Thus the number of options for betting in a six-session ODI are multiplied many times - as opposed to just betting on the outcomes at the end of the match. What kind of inside information do bookies look for to help with spot-fixing? Bookies and punters are always looking for inside information, especially information emanating from dressing rooms: the condition of the pitch, the team composition, who will open the batting, injuries - anything that may impact a specific session of the match or events within, or the final outcome. The players in their innocence or ignorance, or in connivance, may share such inside information. To me, it started with horse-racing, where the jockey controls the horse and so can influence results, but so many sports are on TV now - tennis, football, F1 - and bookies gravitate towards sports that are popular. These days there isn't a single match, especially a limited-overs game from anywhere in the world, that you need miss: all of them, from Australia, England, West Indies, India and Pakistan, are being shown on some TV channel somewhere. That means some bookie somewhere is interested in making money off the game, and if he is really interested he will contact a player. At the domestic level, how do you stop it? Some countries like England or Australia may have systems in place to control this, but others don't. Even in England now there are problems in county cricket
A true “donk” car refers specifically to 1971-1976 full-size Chevrolet cars. The term “donk” actually comes from the Chevy Impala. During these...
Read More »
MS Dhoni Net Worth Name MS Dhoni IPL Salary INR 15 crore Endorsements Dream11, GoDaddy, Mastercard, Yippee Noodles, Gulf Engine Oil Bikes & Car...
Read More »
The only difference between forecasting and prediction is the explicit addition of temporal dimension in forecasting. Forecast is a time-based...
Read More »
Peter Drucker famously said that “The best way to predict the future is to create it”. There's more to this quote than you might think at first...
Read More »
Repost – 5 Tips for Winning at DraftKings Fantasy Football 1 – Understand the type of contest that you are entering. ... 2 – Look for Value...
Read More »
Understanding Fractional Odds That said, if you have “five-to-one” odds of winning, it would mean that you'd get back your stake (for example, $1)...
Read More »