It Pays To Bet On War

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For the punters in Mumbai, the threat of war with Pakistan has proved to be just another opportunity to make money.
Mumbai punters are placing bets on not only the chance of an outbreak of war, but also the finer details: the probable date, the theatre of operations and a take on who will lob the first bomb. And unlike many politicians, they place their money where their mouth is.
The betting shows that going to war is by far the favoured option. The odds are stacked in favour of a war
First Published: Dec 28 2001 | 12:00 AM IST