CT 2017: Bookies place their bet on India against Pak, Eng to win the Trophy

Betting and gambling go hand in hand with each major ICC events. As the ICC Champions Trophy goes under way tomorrow, so would the betting season. According to the bookies, England is going to clinch the Champions Trophy this year and Indians are going to end up triumphant in their fixture against their arch rivals Pakistan.

Apparently, Australians and the South Africans are the second and third favourites to clinch the trophy followed by India in the fourth place. In the all important fixture of Group B at Birmingham on June 2, bookies have placed a bet of 50 paise on Virat Kohli’s men while Rs 1.44 on Pakistan.

A website known as easyodds.com have tipped off their take on the odds of the tournament for various categories. They took to Twitter to share their link which provides essential insights for bookies prior to the tournament. They tweeted by saying, “We have been on fire today! Here’s @OwenSFulda Top 5 #ICCChampionsTrophy tips for the tournament starting tomorrow!”

We have been on fire today! Here's @OwenSFulda Top 5 #ICCChampionsTrophy tips for the tournament starting tomorrow! https://t.co/0Bp4kZjeCY

— easyodds.com (@easy_odds) May 30, 2017

India vs Pakistan Tips, Odds and Betting – ICC Champions Trophy 2017 https://t.co/wZvAK3B10A pic.twitter.com/IgeQDJVYDN

— Cricket News (@CricketNewsAus) May 29, 2017

For a rupees bet, Bookies have offered a bet of Rs 4 on England, Rs 4.4 for Australia, Rs 4.7 for South Africa and Rs 5.9 for India to clinch the tournament, while Bangladesh is the least favourites to win the trophy. The chances of Sri Lanka, Pakistan and South Africa to win the title is above the tigers,

Here’s an illustration to understand the game of betting

The Golden Rule for betting is lower the odds, the greater is the chance of a team winning. Thus, if someone invests a sum of Rs 1000 on England with the odds of Rs 4, the person will go on to win 4000 by the end of the tournament if England clinches the trophy. However, if someone invests the same amount on Bangladesh, who are the least favourites, he or she will go on win a sum of Rs 65,000.

It is further expected that England and Australia would progress into the semi-finals for Group A while India and South Africa are favourites from Group B. David Warner (Rs 10) tops the bet for the most number of runs in the tournament while Mitchell Starc (Rs 9.8) heads the list of highest wicket-takers among the bowlers.