Bookies take to messaging apps to participate in $200-bn World Cup bets

Ankit Khanna (name changed) is a confident man. Whatever the outcome of the India-Pakistan match in the World Cup on Sunday, he thinks he would win. Khanna has kept aside around Rs 3 lakh to bet on the one of the most anticipated matches, which might attract about a billion TV viewers. Khanna has reason to be this confident. “My brother-in-law is going to be at the Old Trafford stadium on Sunday watching it live. I would get ball-by-ball updates from him moments before the televised action.  I will place all my bets accordingly. If everything goes my way, I might be Rs 6.....

Key stories on business-standard.com are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.