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Assembly polls 2017: Bookies bet on BJP in UP, hung verdict in Punjab

Ahead of the results of Assembly polls in five states that are to be declared tomorrow, the satta bazaar is betting high on the BJP, all thanks to Prime Minister Narendra Modi’s wave in UP.

India TV Politics Desk New Delhi Published : Mar 10, 2017 13:36 IST, Updated : Mar 10, 2017 13:36 IST
PM Narendra Modi during a road show in Varanasi
PM Narendra Modi during a road show in Varanasi

Ahead of the results of Assembly polls in five states that are to be declared tomorrow, the satta bazaar is betting high on the BJP, all thanks to the Bharatiya Janata Party’s claims of Prime Minister Narendra Modi’s wave in the politically crucial state of Uttar Pradesh.

Bookies in Churu, Rajasthan, have predicted 190-193 seats for the BJP whereas the Samajwadi Party-Congress alliance is at the second spot with 125-128 seats. The BSP has been ranked at third position with 65-67 seats in 4.3-member House.

The Mumbai betting market has given 198-201 seats to the BJP, 119-122 to the SP-Congress alliance and 62-64 to the BSP. A Mumbai bettor said that they had initially predicted 98-101 seats for the BJP against 217-220 for the SP-Congress alliance. But the marathon rallies and road shows by the Prime Minister changed the equation.

In Punjab, both the betting markets have predicted a close fight between the Congress and debutant Aam Aadmi Party (AAP). The two parties are likely to bag 53-55 seats in 117-member House. The ruling SAD-BJP alliance, faced with the anti-incumbency factor, is likely to finish with just 6-7 seats.

The satta bazaar in Gujarat is also betting high on the Modi wave in UP. Bookies here have giving 190-193 seats to the BJP where the SP-Congress is likely to win 125-128 seats. 

In UP, bookies are quoting 12 paise rate for 125 seats in favour of BJP, 28 paise for 150 seats, 55 paise for 175 seats and Rs 1.60 for 200 seats. They are quoting a price of 55 paise each for AAP and Congress getting 50 seats. The rates of Goa, Uttarakhand and Manipur were not made available by the bookies.

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