Satta Bazar bets on BJP forming the next govts in Bengal, Assam & Puducherry

[Ryzen_renoir]

West Bengal elections have emerged a huge draw for Satta Bazar, the illegal punters market in India.

With Prime Minister Narendra Modi and Home Minister Amit Shah sweating it out for the BJP in the State, punters are betting crores of rupees on a victory for the Bharatiya Janata Party there. Going by the odds, the Trinamool Congress (TMC) may not cross 115-120 seats in the 294-seat Assembly.

Odds on the BJP winning 140 seats are stacked at 0.22 paise over every rupee. Simply put, those betting ₹1 on the BJP winning 140 seats stand to take home ₹1.22. To form a government in Bengal requires 147 seats. The odds of the BJP winning 145 are placed at 0.62 paise and 150 is at ₹1 (even bet).

The TMC’s odds of winning 115 seats are placed at ₹1.30 over a bet of every rupee. Bookies are not giving more seats to the TMC than this and, hence, they are giving out the odds for this, a New Delhi-based source told BusinessLine. Currently, the BJP has less than 10 seats in the State.

Heated campaign
“Modi addressing 20 rallies and Shah 50 in less than a month in Bengal... In such a heated campaign, bookies believe they will lose their shirt if they predict a TMC majority. Inside Bengal, people are betting big money on the BJP, which tells you the way the wind is blowing,” the bookie said.

Elections are being held in five States. The Satta Bazar odds show that BJP by itself or in alliance could emerge victorious in three. Bookies expect their betting turnover to cross ₹25,000 crore in all States combined. Punters are betting on a BJP win in Assam and Puducherry.

In Tamil Nadu, the DMK-Congress alliance is expected to form the government and the incumbent Left Democratic Front is expected to retain power in Kerala.

[Spartan]

BJP WB lo gelistadi ani hardcore BJP supporters kuda bet cheyaru

[Ryzen_renoir]

Mind you, most of these odds are based around perceived chances of winning from bookmakers in Mumbai and Delhi . 

 

[Hydrockers]

Kerala BJP odds gattiga unnai ga 

[Anta Assamey]

Assam and Puducherry BJP will come le kani.... WB I don't think so ...

[Ryzen_renoir]

5 minutes ago, Spartan said:

BJP WB lo gelistadi ani hardcore BJP supporters kuda bet cheyaru

They have set these chances because most of the BJP bettors think they have a good chance , atleast the ones with money in mumbai, delhi think so. 

Bookies earn maximum profit when there is a high participation in both the sides , not just one sided bets . 

These odds never reflect ground realities correctly because ones with media control can influence them . 

For example in 2019 , TDP was evenly matched with ycp due to their media outreach but the reality is otherwise 

[jawaani_jaaneman]

Second phase ayinapati nundi satta bazaar la ide nadustundi...BJP most favoured to form govt ani...

nammadam koncham kastame...before the elections and first phase, TMC was most favoured but second phase nundi BJP favoured vundi...

[Spartan]

2 minutes ago, Ryzen_renoir said:

That's where you are wrong ...they have set these chances because most of the BJP betters think they have a good chance , atleast the ones with money in mumbai, delhi think so. 

Bookies earn maximum profit when there is a high participation in both the sides , not just one sided bets . 

money making alane work avutadi

[futureofandhra]

Just now, jawaani_jaaneman said:

Second phase ayinapati nundi satta bazaar la ide nadustundi...BJP most favoured to form govt ani...

nammadam koncham kastame...before the elections and first phase, TMC was most favoured but second phase nundi BJP favoured vundi...

poll mgmt lo pushpams doing well anukunta

[Spartan]

Just now, jawaani_jaaneman said:

Second phase ayinapati nundi satta bazaar la ide nadustundi...BJP most favoured to form govt ani...

nammadam koncham kastame...before the elections and first phase, TMC was most favoured but second phase nundi BJP favoured vundi...

not in national media 

[jawaani_jaaneman]

Just now, Spartan said:

not in national media 

Local Bengali media chudu...although BJP support emi ledu kani BJP bashing chala taggipoindi...

[Ryzen_renoir]

1 minute ago, jawaani_jaaneman said:

Second phase ayinapati nundi satta bazaar la ide nadustundi...BJP most favoured to form govt ani...

nammadam koncham kastame...before the elections and first phase, TMC was most favoured but second phase nundi BJP favoured vundi...

That's means more BJP supporter think they have high chance to form the govt and are willing to put money on the line for it. 

Even if the bookmakers think TMC is winning 

[Hydrockers]

Eda pettali kaka ee bet lu

[Spartan]

2 minutes ago, jawaani_jaaneman said:

Local Bengali media chudu...although BJP support emi ledu kani BJP bashing chala taggipoindi...

thats the pulse they want to send to bengalis

[8pm]

1 hour ago, Ryzen_renoir said:

West Bengal elections have emerged a huge draw for Satta Bazar, the illegal punters market in India.

With Prime Minister Narendra Modi and Home Minister Amit Shah sweating it out for the BJP in the State, punters are betting crores of rupees on a victory for the Bharatiya Janata Party there. Going by the odds, the Trinamool Congress (TMC) may not cross 115-120 seats in the 294-seat Assembly.

Odds on the BJP winning 140 seats are stacked at 0.22 paise over every rupee. Simply put, those betting ₹1 on the BJP winning 140 seats stand to take home ₹1.22. To form a government in Bengal requires 147 seats. The odds of the BJP winning 145 are placed at 0.62 paise and 150 is at ₹1 (even bet).

The TMC’s odds of winning 115 seats are placed at ₹1.30 over a bet of every rupee. Bookies are not giving more seats to the TMC than this and, hence, they are giving out the odds for this, a New Delhi-based source told BusinessLine. Currently, the BJP has less than 10 seats in the State.

Heated campaign
“Modi addressing 20 rallies and Shah 50 in less than a month in Bengal... In such a heated campaign, bookies believe they will lose their shirt if they predict a TMC majority. Inside Bengal, people are betting big money on the BJP, which tells you the way the wind is blowing,” the bookie said.

Elections are being held in five States. The Satta Bazar odds show that BJP by itself or in alliance could emerge victorious in three. Bookies expect their betting turnover to cross ₹25,000 crore in all States combined. Punters are betting on a BJP win in Assam and Puducherry.

In Tamil Nadu, the DMK-Congress alliance is expected to form the government and the incumbent Left Democratic Front is expected to retain power in Kerala.

 

1 hour ago, Hydrockers said:

Kerala BJP odds gattiga unnai ga