Once there was a World Cup Cricket tournament. There was a lot of interest in the indian subcontinent. Punter were in full action. By the time tournament was through more than $2 billion dollars of betting business had taken place. For the next turn of the tournament there was more interest and betting amount had already crossed $5 billion before start of the tournament. Looking at this opportunity some business houses invested additional $5 billions. Stakes went up, business went up. Tournament was a huge success. Interest was rising so fast that even before this turn had ended people had started betting and investing for the next turn of the world cup. Not only better but even common people had started taking interest, started participating in betting. Venture funds, banks had started taking interest in this field of investment. This time business went up to $50 billion. Immediately in the next year after this tournament some analysts and consultants in London thought its too long to wait for the next turn. They came up with idea of virtual world cup cricket tournament. They bought some unknown cricketers. They hired Masters and PhDees from IITs and Harvards to make up the model. They convinced investment banks to invest $10 billion. Then they spent half a billion into world promotion. Now there was interest world over, even from places which did know what cricket was. Investments poured in from China, Russia, USA, Japan, Mexico, everywhere. Now $500 billions were backing up the initial $10 billions, Mood world over was buoyant. But alas, suddenly there was a terorist attack on Mumbai. World went into state of shock. There was big Om Fuss! Suddenly people realised that there was no tournament, no cup. The cricketers they had betted on were all small time players from by-lanes of Mumbai. The sky came down. It was named Recession.
In conventional old-time betting there used to some winners and some losers. This time there were no winners, all were losers. ALL LOSERS!
There was cry world over for governments to step in…………….
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