Satta market in Delhi NCR virtually bled as hot favourites India suffered an unexpected defeat at the hands of New Zealand in the World cup semifinals on Wednesday. Sources said large numbers of punters lost over Rs 100 crore as dark horse Kiwis finally registered a big win.

This was on a day when the Kiwis' under-average performance totalling 239 runs(in 50 overs match) had very few takers in the betting bazar. For the much-hyped semifinal challenge, the rate for favourite India was Rs 4.35 while for NZ, it was Rs 49! That meant, as per book-making, New Zealand was a loser, almost.