According to the betting markets, India are the favorites to win the ICC World T20 2016.

Considering that they are the number 1 ranked T20 team, they clean sweeped Australia 3-0 in the recent T20 series, they are looking like the strongest team in the ongoing Asia Cup T20, and that the World T20 will be played in their back yard, the betting markets are quite right.

For punters the markets are also offering wagers on the leading batsman of the World T20 with Virat Kohli the favorite among all batsmen. Rohit Sharma and AB De Villiers are also near favorites.

With the way Kohli has been scoring in the past two months, it is hard to imagine anyone out scoring him in the World T20.

Likewise, it is going to be tough to beat India at home, where they are typically invincible.

If there is any team that can realistically stop the Indian juggernaut, it is New Zealand or Australia; however the latter are not favored by the betting markets.

Check out Pokies Palace for odds on a number of bets that you can place for the World T20.

You can place bets on likely semifinalists, likely stage a team will exit the tournament, the top batsman for each team, the likely position of each team in their respective group, and many others.

Cricket always offers punters a wide variety of betting options.

These are all pre-tournament bets; when a match gets underway it increases the number of things one can bet on.

Every ball is like an event. You can bet on each single ball of the match!

World events like the World T20 are boom time for the betting markets, which witness a significant increase in betting activity during the World Cup and World T20.

I know of people who have already taken a punt on the likely winner and on where certain teams will end in the tournament.