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IPL spot-fixing saga

To anyone who watches the IPL regularly, today's news of arrests in the IPL are no surprise. Well actually... the arrests are a surprise, there's absolutely no shock that it was going on. The IPL is the WWE of cricket - huge TV contracts at stake so they need to keep TV ratings high, and plenty of rich folk that are often above the law. There's no way some of the results occurring over the past few weeks are 100% clean. The market knows in advance far too often. Computer pricing models for cricket are far too accurate these days for some of the big anomalies in the market, followed by the money being absolutely spot on.

Anyway, I can't say anything on today's incident any better than professional cricket trader Mark Iverson. View his post here

IP-Smells?

As we approach the end of this years tournament, the IPL, the world’s showpiece T20 competition, has once again been rocked by spot fixing accusations. This won’t come as much of a surprise to many of the regular cricket traders but what is a bit of a turn-up is the swiftness of the Indian police to condone and even arrest the 3 suspects; Ajit Chandila, Sreesanth and Ankeet Chavan.

Their crimes? Well allegedly there were 3 matches where underground bookies had controlled the players actions:

Replays etc all embedded on his site.

Plenty more stories coming out of this including an Australian player alleged to have been caught with a bag of cash in his hotel room. Chances are it's more than just tax evasion...

Time for India to get serious on this and dig much, much deeper. After all, shamed captain Mohammed Azharruddin is now a Federal MP!

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