Australian  cricket great Adam Gilchrist on Wednesday said T20 cricket is a bit of a gamble but put his money behind India as one of the favourites to lift the 2020 World T20 to be held in his nation next year. Besides India, Gilchrist picked England, his own country and New Zealand as the front-runners.

Insisting that current world no.1 T20 side Pakistan too cannot be counted out, Gilchrist said even though he has listed his favourites, it is hard to predict anything in the shortest format of the game.

"Pakistan are number one ranked team in the format, so you cannot rule them out. But T20 cricket is a bit of lottery so it is hard to predict the winner until the final runs are scored or wickets are taken," he added.

The ICC Women's T20 World Cup begins from February 21 with hosts Australia taking on India at Sydney and the final us slated for March 8 -- the International Women's Day -- at the Melbourne Cricket Ground.

The 45-match ICC Men's T20 World Cup too will be held in Australia from October 18 to November 15 next year.

The two events will be played across eight Australian cities -- Adelaide, Brisbane, Canberra, Geelong, Hobart, Melbourne, Perth and Sydney.