Sixth betting syndicate smashed in Delhi
A betting syndicate was smashed in the national capital on Tuesday with the arrest of three businessmen, the sixth such case in the past fortnight after the World Cup cricket began.Updated: Mar 08, 2011 18:37 IST
A betting syndicate was smashed in the national capital on Tuesday with the arrest of three businessmen, the sixth such case in the past fortnight after the World Cup cricket began.
The syndicate was busted in Ranhola village on Saturday, when it was operating during the world cup cricket match between India and Ireland and England with South Africa, Deputy Commissioner of Police (Crime) Ashok Chand said.
This is the sixth betting syndicate busted in Delhi since the World Cup matches began, Chand said. The arrested have been identified as Naveen (29), Vijay Kumar (34) and Amit Mittal (29).
Naveen runs a business of sale and purchase of used cars in Nangloi while Vijay Kumar owns mobile cum STD shop in Veena Enclave. Mittal, who holds a diploma in pharmacy, supplies medicine to different hospitals and nursing homes on commission basis.
"We received a tip off during the England v/s South Africa match that a betting racket was operating from Ranhola. This lead was further developed during India v/s Ireland match and a raid was conducted," Chand said.
A laptop, seven mobile phones, a TV, two note books, a data card, two calculators and a set top box were recovered.
"The rates of the odds between the two cricket playing teams originated from outside India. On the basis of that, the 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," he said.
"The rates keep fluctuating with the fall of wickets and the runs scored. In a 50 overs ODI, generally there are 5 sessions of 10 overs each and betting is done separately on each session," he said.
The laptop was used by them for data entry and management. The mobile phones were 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, he said.
"One set of mobile phones were used for receiving rates which fluctuated ball by ball. They also received rates on internet for which they used data cards. The data for betting was also maintained manually on notebooks as a backup.
"They had received bets from the punters to the tune of more than Rs 2.79 lakh," Chand said.