India favourites to win T20 semi-final and cup: Bookies | mumbai | Hindustan Times
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India favourites to win T20 semi-final and cup: Bookies

mumbai Updated: Mar 31, 2016 00:00 IST
Manish K Pathak

Bookies are favouring India to win its World T20 semi-final match against the West Indies on Thursday. According to bookies, India is also the favourite to win the cup among the four teams left in the competition. The betting turnover will go up to around Rs2,500 crore in all the three matches – two semi-finals and one final, said a bookie.

In the first match of the semi-finals, New Zealand’s rate is 86 paise against England’s Rs1.10, bookies said. In the second match, the rate on Indian team who are the favourite is 48 paise, while the West Indies’ rate is Rs1.90.

While for the final, India is the favourite with Rs1.35, followed by New Zealand with Rs3.30. England has a rate of Rs 3.90 and West Indies has a rate of Rs5.80. Rates are likely to change after the semi-finals.

Injuries and other factors could also alter the rates, a bookie said.

Virat Kohli, who is the top batsman in the Indian team, has the most bets placed on him, especially after his performances against in two big wins – against Pakistan and Australia. Kohli is the favourite a rate of Rs5 to score a century and 3.50 paise for scoring a half century.

While the rate for any other player for scoring a century is Rs20 and Rs26 on scoring a half century, the bookie said.

Bookies in the city and outside are avoiding mobile phones to evade the police. Sources said they are currently using a phone application to place bets. A senior police officer said Kolkata is now developing as a hub for betting.

Bookies are also operating from Gujarat and Jaipur. The international rates are now sent to Kolkata directly.

Mumbai has a dubious reputation with many betting rackets busted in the past.

In 2013, the Mumbai crime branch had busted a major racket during the IPL tournament, with big names in the betting circle being arrested along with Bollywood personality like Vindoo Dara Singh and Gurunath Meiyappan, who was associated with the Chennai Super Kings.