Bookies use 12-second telecast lag to make hundreds of crores, says Enforcement Directorate - Sportzwiki
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Bookies use 12-second telecast lag to make hundreds of crores, says Enforcement Directorate

The match fixing scandal has been affecting the quality of sport over the years and the cricket organizations are taking great measures to make sure that the sport is not affected by it and to eradicate fixing completely from cricket. Though these steps and measures have reduced the incidents of fixing, it has not been able to completely eradicate it and it continues to cause hindrance to the growth of the sport.

According to the reports in the Hindustan times, The Enforcement Directorate (ED) at Ahmedabad, after a thorough investigation, revealed that the broadcast lag, stolen feed on the internet, and ball by ball updates over the phone from inside the stadium have been the most easiest ways that the bookies have been using for their purpose.

An ED officer explained that a representative of the bookie is inside the stadium giving ball by ball commentary of the game which helps the bookies run their business successfully. He explained that there is usually 12 second lag between the live event and its telecast on the television and that the delay is used by the bookies as they usually get information from inside the ground about the live event even before it is telecasted on the TV. He said that the bookies were able to accumulate a lot of black money by knowing what is going to happen even before it is on TV.

The ED also takes care of the issues of money-laundering and investigation of foreign exchange violations. The officer from ED said that they were trying to establish a link to the proxy networks used by the bookies in placing online bets on the matches. He added that they were also investigating as to how they were able to get live uplink feed of the IPL online even before it is telecasted.

The Business head of Sony the IPL Broadcaster however said that the lag in telecast is quite common. He explained the feed from the stadium goes through a lot of intermediated stages before reaching the final audience via the satellite and that a few second delay is quite common across the industry.

 

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