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It doesn't matter which team wins the IPL series but it's a win-win game for the bookies.

Calling their group the troy tulowitzki jersey "Indian Punters' League", the members are already in the game with their TV sets, remote controls, landlines, mobile phones and laptops.

What with some bookies telling Newsline that Rs 4,000 crore would be put into the ring in Delhi alone this season, some of them could become overnight billionaires.

The bookies say that around 1,000 bookies (small timers and the big-wigs) would play satta of around Rs 70 crore every troy tulowitzki jersey match in the IPL T20 series over the next one-and-a-half month.

Newsline gets into the nitty-gritty of the IPL―Indian Punter's League.

ABCs of betting in a T-20 match:
As top players in the world are in it, experts say bets―on each match―could range from Rs 70 to 100 crore.
"The main bookies sit in secret places―hotels, farmhouses, small flats―with several phone lines and mobile connections apart from others known to him. The game is played in good faith. No cheating," says a police source.
"Suppose, a bookie receives Rs 100 crore troy tulowitzki jersey for a match, Rs one or two crore will go to the mafia for protection, the fixers will get Rs 25 to 50 crore; and the investors Rs one to 1.5 crore if they put in Rs 25 to 35 lakh," said the source.
The money is sent through hawala, one week before the match, and returned the same way. The main bookie guarantees investors about their money's safety and this "goodwill" brings other investors to the bookie.
A bookie said, "For IPL, hawala operators have hike their rates 30 per cent; so it is a big thing for us."