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Why Chinese are betting big on World Cup

Chinese fans at the 2018 FIFA World Cup cheering their favourite teams. [Photo/Courtesy]

At Xia Lugen's run-down, smoky betting shop in downtown Shanghai, hordes of young men cluster around banks of computers, as betting slips and a huge World Cup chart adorn the walls and a projector beams matches onto a makeshift screen.

China may not have a team at the World Cup in Russia but this has not dampened the enthusiasm of the country's gamblers, with bets in the first three weeks already outstripping the whole of the 2014 tournament in Brazil.

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