Punters get active for IPL-IV; 12,000 Crore at stake

Saturday, 09 April 2011, 07:19 IST
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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 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 told IANS. The rates for the IPL-IV champion, according to the sources, are as follows: * Mumbai Indians top the heap as the favourite at 5, followed by Royal Challengers Bangalore at 6.50. * The third slot on the list is jointly occupied by Chennai Super Kings and Kolkatta Knight Riders at 7. * The new team, Sahara Pune Warriors comes a surprising fifth at 9, followed by Deccan Chargers at 11.50. * Following them are Delhi Daredevils at 12.50 and Kochi Tuskers, the other new team, at 13. * The bottom rung is occupied by King XI Punjab at 16 and Rajasthan Royals at 19. Meanwhile, it is learnt that in the recently-concluded ICC World Cup-2011, the final betting figures which stood at 50,000 crore April 1, were in the range of around 52,000 crore April 2, the day the epoch-making match was played.
Source: IANS