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IPL Gamble: Hyd is India's betting capital
By: Tupaki Desk | 15 April 2013 6:25 AM GMT
Hyderabad is famous for not just biryani, but gambling too. Yes, the city of pearls has become India's betting capital with a market share of 20 percent of all the beats. Including the metros, Gujarat and Rajasthan are the other big venues for these bettings.
As per the sources, IPL 6 betting turnover is around Rs 40,000, which is 25 percent above than IPL 5. Surprisingly, the total turnover of IPL 1 is just 6,000. The success of IPL is making the
Apparently, Portugal which is world's biggest gambling hub is the base for IPL betting. Most of the Indian bookies conduct the financial operations from Lisbon.
Tracking the mobile numbers of these bookies is a herculean task as even a small operator uses nearly 15 mobile phones and multiple SIMs. Even if the mobile was traced, the cops can target only the bookie not the investors as per the Indian laws.
As per the sources, IPL 6 betting turnover is around Rs 40,000, which is 25 percent above than IPL 5. Surprisingly, the total turnover of IPL 1 is just 6,000. The success of IPL is making the
Apparently, Portugal which is world's biggest gambling hub is the base for IPL betting. Most of the Indian bookies conduct the financial operations from Lisbon.
Tracking the mobile numbers of these bookies is a herculean task as even a small operator uses nearly 15 mobile phones and multiple SIMs. Even if the mobile was traced, the cops can target only the bookie not the investors as per the Indian laws.
