Heavy betting on the outcome of the Lok Sabha elections is taking place in Mumbai, Delhi, Ahmedabad, Indore, Jaipur, Karachi, and Dubai with sources saying bets worth Rs10,000 crore have already been placed.
A top bookie told dna on Saturday that there is maximum betting on the chances of Narendra Modi becoming prime minister with the odds being 30 paise late on Friday night. This translates into a gain of 30 paise for every rupee bet on NaMo becoming PM.
For Rahul Gandhi, it is Rs5, which indicates that the number of bettors fancying him as PM was relatively low.
In Varanasi, Modi is certain to score a victory with the 'bhav' being 10 paise.Overall, there is speculation that the BJP will secure 235 seats, which is below the magical figure of 272. But the saffron party with help of allies will be able to form the next government.
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