Betting in cricket: A parallel economy with its own Rules and Payment System

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Betting is one of the ways from which lots of people are earning lots of money and they are living their life with high standards. Betting is generating lots of options to people to earn some good amount, but it depends upon you how much you like to bet and if you are able to bet high then you can bet it, if the bookie is not able to handle a big amount then you can split it towards others.

It is one of the businesses that are going for a long time and the main thing is that there is no database maintenance, a bookie only keeps a small book with him and takes your bet on the phone and maintains the book till the end of the match.

Most of the people are not able to understand how a bookie earns money, it is a simple thing that when a person loses, the bookie earns money. There are a number of bookies involved in this field which generates lots of employment. In the metro cities like Karachi, Mumbai, Delhi and other such cities it would be more than 3000 people working as bookies from a small area, if you are going to count the entire bookies of the city it will be a very large number.

Cricket is the most popular sport in East Asia like Pakistan and India, while field hockey, polo, and squash are also popular. As a leading sport and always anticipated by the community, cricket is a source of income for big bookies. Let it be IPL, SLPL or PSL, betting is inadvertently part of these mega events. Betting platforms such as psl betting are mushrooming with ever increasing finance involved in this business.

This is the system that is running a parallel economy which has its own payment method and rules, according to sources the amounts involved in every match is nearly 10,000 to 20,000 cores. No one can tell how much money gets involved in a single match and each and every city has their own bookie and data is not maintained in a centralized form.

There are a number of small and big bookies which are involved which you never know. There are various ways of betting available likewise you can bet for the winning team at the starting or can make the bet from time to time on the winning team. Secondly, you can bet on the run for the power play, it depends upon the bookie which type of betting option they provide to you.

If you are going to bet then you have a proper referral, without a referral you are not able to bet with a bookie, they maintain privacy and they are the people of their word. If you win they will deliver the money on time and if you lose then you have to give money on time. If a normal person wins 10000 they will make lots of noise but the rich person will claim even though he lost 1 cr in a match.

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