In the summer of 2021, two men from England met at an online casino and started playing an exciting game they called 9wickets. They were very excited about this new game that they had heard about from another player. They were both avid wicket collectors. They told the dealer, they were interested in buying all the cards that came in a pack so that they could build their own nine wicket collection.
Soon after this excitement began to build, a dealer from England visited them. He introduced himself and asked them questions about the game. He was looking for information on how they could beat the odds. At this point, the players did not know that they were part of an unusual betting exchange. One player put in a question: “Can you tell me where the 9wickets are?” The answer to this question changed the way everyone else saw the game.
Instead of thinking about how they might beat the odds, people began to ask what the odds for each card were. Soon there were several places where the information was being shared. One place had a spreadsheet with all the information on it. It showed all the information on the 9wickets, along with the odds. People began to see that there was indeed some liquidity in the game.
Soon, the information about the 9wickets spread to many other places where bettors could learn about the game. In fact, word spread quickly that there was indeed some liquidity. There were many betting exchange sites where people were placing bets. The more places the information spread to, the more the players learned about the usefulness of the 9wickets.
With so much information available at their fingertips, bettors were able to take advantage of the increased liquidity in cricket. They were able to improve their odds. If they knew they were going to have an extra wicket, they could bet based on their improved probability of winning. This made every wicket count and bettors got a win every time.
Today, anyone can bet on any sports market. Whether you are in Las Vegas or New York, you can bet anywhere there is a betting exchange. People used to go to sports markets and stand in long lines just to get a bet ticket. Today, you can place a bet in seconds from wherever you are. Those who have bet on cricket’s odds and 9wickets now stand in no lines at all and watch the match like anybody else would.