Strange betting patterns in Karnataka Premier League cause concern for leading bookies

Eminent betting companies suspended trading on KPL matches after the encounter between Hubli Tigers and Bijapur Bulls on August 16.

Betting companies including Betfair suspended trading on the KPL | Facebook

In a shocking news, strange betting patterns in the Karnataka Premier League (KPL) have caused concerns for the bookmakers.

As per a report in ESPNcricinfo, a couple of eminent betting companies suspended trading on KPL matches after the encounter between Hubli Tigers and Bijapur Bulls on August 16.

Report claims that Hubli were 1.9 on betting odds just before the toss but by the time the game started enough money was pumped into the market. As a result, the betting odds moved to 1.2 suggesting a great deal of confidence in Hubli's victory. In fact, Hubli eventually won the contest with four wickets in hand and seven balls to spare.

Owing to the suspicious betting activity, Betfair had withdrawn markets for the rest of the tournament. For a brief period, Bet365 also withdrew markets on the tournament but they appear to have returned.

While ICC's anti-corruption unit is aware of the development, an ICC spokesman claimed that since it was a domestic tournament, it fell under the control of the BCCI.

"This is news to us. We have not heard of anything suspicious happening," a KPL official quoted as saying by ESPNcricinfo.

 
 

By Salman Anjum - 30 Aug, 2018

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