The odds are not bad, it is 1 in 50000 (1 in 46536 to be precise). there are 6 possibilities for each ball 0,1,2,3,4,6.
Assuming each SMS costs Rs 10, the contest would be a fair one if each winner made about Rs 4 lakhs (the organizers take 6536*10 rupees for conducting the contest). The rules in betting houses in the US is that 93 % of the collections have to go as prizes, the betting house keeps about 7%.
Re: The odds
by Subrahmshu Bhattacharya on May 09, 2009 09:02 PM
You wont win my dear fellow! The odds are higher. There can be Wides, Noballs and free-hits, overthrows all of which make the number of runs per genuine ball unpredictable. Also, if you are a cricket follower, surely you have seen a 5 scored from one ball.
Re: Re: The odds
by Disgusted Person on May 09, 2009 09:15 PM
What about the online games where users make their teams or buy/sell players like cricex on ibibo or zapak or virgin's hatke league?
Re: what abt stock markets
by Santosh Nair on May 09, 2009 08:07 PM
Hatim,
If you shut down stock markets, companies won't be able to raise money from the public. That will kill the economy. Some people treat stock markets as gambling but that doesn't mean that they don't exist for a very useful purpose.
Re: Re: what abt stock markets
by Subrahmshu Bhattacharya on May 09, 2009 09:04 PM
And the "useful purpose" served by SMS betting is ... Take money from your pocket and put it in the phone companys?
Re: Re: Re: what abt stock markets
by Disgusted Person on May 09, 2009 09:18 PM
Why should you leave out the websites that make people take part in prediction games? Even there these sites make money through advertising like ibibo cricex or zapak's ZOD or indianfantasyleague?
Re: what abt stock markets
by BRUNO MONTEIRO on May 10, 2009 12:01 AM
Hey Ch...ya.. because of guys like you.. indians are the laughing stock of the world.. u should be shot in the head..
Why pick cricket. First go and charge the dirty and garbage politicians, who make money out of politics, beg for votes, come in power, and forget the common man for the next five years. Please leave cricket alone which is in good hands. There are politicians in cricket but I dont see any wrong doings. Lots of cricketers have gained from IPL, some of them didnt even have a proper house. Go and get some life Gill.
doesn't the govt know bout the thousands of crores of betting that goes on in every nook and corner every small town of india?.. who is the govt trying to fool. here is where our leaders and bureaucrats act dumb.. they should legalize betting and get these all these activities over ground. you cannot stop such things from happening. only the govt is losing out on taxes and revenue from legalized betting
Govt should take stringent action against this type of activiteis not only betting but also reality show winner prediction. Being a developing country and half of our population is under proverty we dont have the luxury of other countries having. Last worlds 7 wonders selection thru sms later came out as fake after many fools (like me) send sms for Rs.7 per sms. Millions of Rs. went to the pockets of our service providers. If every boady gave 1 Re out of this 7 Rs to the needywe would have made a difference.
Re: Sold lock, stock & barrel
by Subrahmshu Bhattacharya on May 09, 2009 09:06 PM
Hmm... that is much better than what you and I will be able to - if they are able to take their naked body with them I mean!
