The inaugural edition of the World Test Championship began in August 2019 with the top nine teams taking part as per ICC Test rankings. The final is set to be played at Lord's in June 2021 between the top two teams after the end of the league stage.
As per the current points system, the value for each Test match win in a two-match series is 60 points a game. However, if it's a five-match series, the value of a Test match win is reduced to 24. So basically, a team can gain up to 120 points from a series, regardless of the number of matches.
The top two then qualify for the final.
The Test Championship was introduced by the ICC last year in a bid to revive bilateral Test cricket.
"It doesn't work," Holding told Wisden Cricket Monthly during a round table when asked if the Test championship was achieving what it was designed for.
"First of all the points system is ridiculous. You can't play five Test matches and get the same amount of points if you play two Test matches.
"And secondly, at some point you're going to have teams who know they cannot get to the final and so those Test matches aren't going to be all that entertaining. People know it's just another game."
Check ICC Test Championship points table here
England fast bowler Chris Woakes, who was also part of the roundtable, said the points system might need to be tweaked in future.
"I think the system might need a bit of tinkering with in the future. Anyone can turn someone over in a one-off final, depending on the toss or conditions. If there was more time in the calendar they could do a three-match final but unfortunately there just isn't," he said.
India are currently leading the World Test Championship which has been thrown out of gear due to the Covid-19 pandemic, which saw the postponement of a number of series.
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