IPL, Bookies
Representational Image. Photo Credit: Web.

In an interesting form of betting, the Madhya Pradesh busted an international racket which stole live telecast signals of the Indian Premier League (IPL), getting a head start of 8-second of the events, before placing their bets.

A senior police official stated that the advantage helped them place bets in the range of in millions for distinct matches. Also, the accused lured the others to place bets by offering tips.

From the town of Vidisha on Saturday, the recent arrest of Ankit Jain, an alias of Munnu Jockey and alleged agent of the main accused.

Superintendent of Police, Jitendra Singh of the Indore unit of state Cyber Cell, revealed that police initiated the investigation, in the aftermath of the complaint lodged by Star India, official broadcasters of IPL.

Cricket Betting
(HT Photo).

It is surprising that the gang was issuing raw feed (feed without advertisements) of IPL matches on its website eight seconds prior to the TV telecast. We suspect that by taking advantage of the eight-second gap, they bet a huge amount of money on matches,” Superintendent of Police, Jitendra Singh quoted according to PTI.

Jain was in touch with lynchpin of the racket Amit Majithia, who is a native of Gujarat. However, it is suspected that Majithia is currently residing in Dubai.

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According to Singh, the gang operated the website ‘cbtfmagicbox.in’. Where CBTF is an abbreviation for ‘Cricket betting tips for free‘.

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IPL 2018: Illegal Betting Racket Busted in Madhya Pradesh
Illegal betting racket has plagued the country since the inception of IPL. Photo Credit: Web.

The probe is underway: SP

The accused stole official signals of IPL matches by using a state-of-the-art technology. They streamed feed live on the website, he said.

Further, the police officials were obtaining assistance from the experts to figure out the modus operandi of the betting racket.

Also Read: BCCI Likely to Ban Use of Smartwatches in the League – Report.

Among the wanted accused are Hitesh Khushlani, a builder from Mumbai; Gujarat resident Haresh Chaudhary and his wife Poonam. The trio is known to be fleeing abroad.

A case under relevant sections of the Information Technology Act. And, IPC has been registered and the probe is underway, the SP said.