If bookies are to be believed, BJP will form the next UP government
March 02, 2017  23:23
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The minds of voters may not have changed since the first phase of Uttar Pradesh Assembly election but confusion in the mind of bookies on who will win the battle to the throne now seem to have evaporated.

In the first two phases, bookies had placed their bets on the Samajwadi Party-Congress alliance but things changed quickly by the time voting ended. After Congress boarded the cycle with Akhilesh Yadav, the betting market had gone volatile. The soon start believing that "UP ko yeh saath pasand hai" but the civic poll results in Maharashtra challenged all their calculations.

After voting for five phases has ended, bets at 'satta bazar' are now being placed on BJP winning 161 seats, according to bookies.

The rate in gambling market for BJP winning 161 seats out of 403 is 1:1 which means that if BJP wins 161 seats then the person betting in favour of the party will get double the money.

Bookies are in a mood to believe that SP will win more than 150 seats as the betting market rates are 2.5:1. For SP winning 160 seats the rate is 4:1.
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