A whopping Rs 3,500 crore has changed hands while another Rs 1,500 crore has been pledged on the remaining matches, as the country's rich and poor stake their money on virtually every odd being offered on the IPL, says a report in Times of India.
Sources confirm that Rs 1,500 crore has been staked on the two semifinals, the final and the playoff match. Money has been pouring into international betting sites too, with Ladbrokes confirming that £2 million have already been bet in the UK.
In India betting circles in Gujarat have been extremely busy. Sources say, of the Rs 3,500 crore, over 50% was pumped in from Saurashtra and Kutch alone.