Punters have been given the opportunity to bet online on the semi-finals being played at Mumbai on a website owned by IPL's official digital media parter Global Cricket Ventures.

Cricket.com, a global cricket portal controlled by GCV - a company where IPL Commissioner Lalit Modi's [ Images ] step-son-in-law Gaurav Burman holds a major stake, was last offering a rate of 8-to-11 for victory of Mumbai Indians [ Images ], owned by Mukesh Ambani [ Images ] led RIL [ Get Quote ], while Royal Challengers [ Images ] Bangalore of Vijay Mallya [ Images ] was placed better at 11-to-10.

For the other semi-final, to be held on Thursday, bets were being offered at 1 to 1 in favour of Deccan Chargers [ Images ] as against 8 to 11 against Chennai Super Kings [ Images ].

GCV is an online media and broadcast company and holds exclusive licences for digital, mobile and image rights for IPL till 2017.

According to regulatory filings by Elephant Capital, a private equity firm promoted by Burman, it invested $10 million or about Rs 45 crore in GCV in November last year.

GCV runs the official website for IPL, Champions League [ Images ] Twenty20 [ Images ] Tournament and also owns the portal cricket.com.

Besides news and photo contents related to cricket, the portal also provides a platform for online betting or gambling, which is legal in the west.