Punters get active for IPL-IV; Rs 12,000 cr at stake
Mumbai: After the World Cup, the punters are back in action -- thanks to the Indian Premier League (IPL).
With the six-week long IPL tournament starting Friday, reliable sources say that bookies have again got busy, thanks partly to the funds generated by the just-ended World Cup.
A whopping Rs 12,000 crore is at stake on the different matches that will be played as well as on the eventual victor, the sources said.
The underground betting syndicates are aggressively investing for the IPL`s 10 teams that will play a total of 74 matches during the fourth edition of the Twenty20 League, the sources said.
The rates for the IPL-IV champion, according to the sources, are as follows:
Meanwhile, it is learnt that in the recently-concluded ICC World Cup-2011, the final betting figures which stood at Rs 50,000 crore April 1, were in the range of around Rs 52,000 crore April 2, the day the epoch-making match was played.