Bookies Tip India as Favorites for 2016 ICC World Twenty20
India, who will play the hosts to the 2016 ICC World Twenty20 in March, has been tipped as the favorites for the tournament.
India are currently the World No.1 ranked side in Twenty20 Internationals. They have won five out of the last six Twenty20 matches. This has included a 3-0 whitewash of Australia in Australia while they recently won the three-match series against 2014 World Twenty20 champions Sri Lanka 2-1. (Sunil Gavaskar Tips 'Positive' India to Win ICC World Twenty20)
This current hot streak has made India favorites among analysts. However, the bookies have also made India the odds-on favorites heading into the World Twenty20.
According to several betting sites, they have tipped India to be the favorites. One site, Winners Sports Betting, has given a 26 percent chance to India of winning the tournament. Betfair, a famous betting site, has given Australia a 14 percent of winning the tournament, meaning odds of 6/1.
The defending World Twenty20 champions, Sri Lanka, are not the favorites in this tournament. They are at the bottom of the table with just seven percent, meaning odds of 14/1 while the 2010 and 2012 world champions, England and West Indies, have been given odds of 13/2 and 8/1.
For all those who are unaware of how the betting system works, here is an example based on these same betting odds.
India have odds of 11/4 to win the tournament, which means that for every four rupees you put, you will make a profit of 11 rupees if you win the bet.