Deeply English in origin, cricket has been present since the Tudor period. Cricket thrived to the degree allowed by British colonialism, “the empire on which the sun never sets.” We may boldly say that the post-colonial age has seen a blossoming in the bat-and- ball game. The current debate, however, is cricket’s claim that, behind football, a game with an unquestionable place at the top, it is the second most popular sport on the planet. Although the case for cricket’s ranking as the second most popular sport in the world contains some dubious claims, the case is solid generally. You can play slot games to earn money online.
Cricket Economic Analysis
Comprising one-fifth of the world’s population, South Asians are mostly responsible for the fervor and passion cricket creates. Cricket is the second most watched athletic event worldwide, with over a billion people living in India—a nation where it is nearly a religion—and huge viewership from countries like Pakistan, England, and Australia among others. For basketball and cricket, this phenomena lowers the field for the second place finish. This might essentially include in the computation additional elements, including wealth and worldwide recognition.
Defenders of basketball, the game that started in the United States, claim it is rapidly spreading around the globe. One thing cricket misses is the many professional leagues set up in the United States for the ball game. The only areas where you may come across a professional cricket league are those where the game is quite common. Since cricket is totally ignorant of much of North and South America, the sport has limited growth potential. On the other hand, basketball is fast growing to satisfy the needs of the developing sports markets in China, the Philippines, and Australia.
By increasing the dynamic nature of the game, the International Cricket Council (ICC) hopes to keep ahead the curve. The ICC decided on limited overs cricket after the demanding Test style failed to attract viewers. But around the turn of the century the limited overs approach also began to lose appeal. This led to the Twenty20 format, which turned into the crown gem of cricket.
Development and Viewpoint
The Twenty20 structure gave the sport fresh vitality and life—something it had lacked in past times. The new approach helped to birth the Indian Premier League (IPL) and other successful domestic competitions. Though it may surprise you, the IPL’s brand worth is more than 4 billion USD. Like the Indian Premier League, several other leagues bring in substantial cash.
Apart from Asia and Europe, the growing popularity of cricket in Africa exceeds that of basketball elsewhere. Many people of South Africa, Zimbabwe, and Kenya are passionate soccer players. Another argument in favor of cricket is its strong basis in the Caribbean. Given that cricket currently exists on most of the continents of the globe, there has to be room for growth.
The Block
The fact that most of the fervent supporters of cricket are from underdeveloped nations is a major barrier to its growth. The developing world still has a long way to go before it can match in sophistication with the industrialized countries of North America and Europe. Thanks to the internet, sports like football and basketball have become very popular but cricket is not that common. Many cricket enthusiasts lack current knowledge of the most recent invention, which is impeding the growth of the game. This is so because shortly something is going to change. All these things have made cricket so much popular all over the world.