Congress to emerge as single largest party

Say Rajasthan bookies

Whatever may be the outcome of the Lok Sabha elections, the punters are betting on Congress emerging as the single largest party, according to bookies in Rajasthan.
If one goes by present odds being offered in the betting market, then the Congress is likely to win 140 to 145 seats and the Bharatiya Janata Party (BJP), 125 to 130 seats.
The betting market in Rajasthan is considered huge and as per rough estimates, it deals at over Rs.500-600 crores (Rs.5-6 billion). A Jaipur-based bookie told IANS that the odds for the Congress to win around 145 seats are 1 to 0.60-0.70 paisa.
That means someone betting a rupee on the Congress winning 145 seats and then winning the bet will make Rs.1.60-1.70. The lower the rate the higher the chances.
For Congress winning 150 seats, the odds are 1:1.50.
The odds for the BJP winning 125 seats are 1:0.23-0.27, and for 130 seats, increase to 1:0.68-0.75.
A bookie from Sikar, who spoke on condition of anonymity, said the 'market' in their district is betting on the Congress, which, according to him, is likely to get around 140 seats.

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