New Delhi: The satta (betting) market in Delhi has reportedly suffered huge losses over the BJP's unprecedented setback in Delhi assembly elections.
A report published in The Hindustan Times suggests that nearly 95 per cent of bookies have lost their money following BJP's loss.
Just a few of them, who were AAP loyalists and put their money on AAP winning more than 60 seats, managed to earn fifteen-twenty times the sum they placed their bet.
Half-a-dozen exit polls Saturday said the AAP was likely to bag between 31 and 54 seats in the 70-member assembly. They would push back the BJP to the second spot and wipe out the Congress.
The AAP, on Tuesday, romped home with about 60 seats, way more than what the exit polls that came out on Saturday predicted.
The exit polls said the Bharatiya Janata Party could bag 17-35 seats. Here too they went wrong, with the BJP having relegated to a second spot with a dismal show of seven seats.
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Last month in the satta market, the BJP was expected to win more than 50-51 seats, which however came down to 21 on Monday. In contrast, the number of seats for AAP had been increasing day by day.
“Those who have become rich overnight are AAP loyalists but they are also people who have enough money and do not mind placing a bet of several lakhs on AAP winning more than 60 seats. This however turned out to be true. They have become rich, because their returns have been multiplied by more than fifteen times,” said a bookie.
According to an estimate, the total loss suffered by most of the bookies in Central Delhi could be well over a thousand crores. Sources said that the saata market was open even in the morning, with punters who took bets even at 6-7 in the morning.
