Rs 200b bet on India-Pak title clash

Dhaka,  Mon,  26 June 2017
Published : 17 Jun 2017, 17:24:27 | Updated : 17 Jun 2017, 17:46:21
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Rs 200b bet on India-Pak title clash

Rs 200b bet on India-Pak title clash
NEW DELHI, June 17: With technology helping and gambling being legal in the UK, around Rs 200 billion (2,000 crore) will be wagered on Sunday's Champion's Trophy final between India and Pakistan, according to estimates by the All India Gaming Federation (AIGF), according to ToI.

India appeared to be a clear favourite of bookies on Friday but not by a large margin. For instance, if one bets Rs 100 on India, and Virat Kohli's team wins, one will get back around Rs 147, according to Betfair. On the other hand, if Pakistan wins, one will earn around Rs 300.

"It has been estimated by many studies that roughly a total of Rs 2 lakh crore is wagered on all matches that India play throughout the year," said Rolland Landers, CEO of AIGF. "And since this is the first time India and Pakistan will be meeting in the final of a cricket tournament in around 10 years, the bets are high." 

The outcome of the match is just one part of the betting exercise. One can also gamble on many other aspects of the game, such as 10-over score by each team or even total scores by both.

Although gambling is illegal in most parts of the country, Indians can lay their bets through UK websites through their international credit cards and e-wallets, said Landers.

(compiled by Rafiqul Islam)

 
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