YSRCP defeat leads to Betting Cancellations

Update: 2014-05-14 09:24 GMT
The municipal poll and ZPTC results in Seemandhra have come as a big shocker for the YSR Congress as the voters bluntly rejected it. The party suffered huge losses in several key districts like East Godavari, West Godavari, Visakhapatnam, Vizianagaram, Guntur and Anantapur.

The bad show of Party in local body polls shattered the hopes of YSRCP leaders and according to sources many of the leaders who invested their hard earned  money in betting was withdrawing from the game.Till before the results of local body polls were out the ysrcp's supporters underwent huge betting on the victory of the party in general elections.

The results of the civic polls completely tumbled down their hopes on the party in general elections. Many of the surveys also reading results favor to TDP-BJP pact and it increased further fears to party leaders.

Those people who bet their gold ornaments, money, flats in favor to YCP is now cancelling their deals. According to reports more than 700 crores money is circulating in betting circles and Betting is taking place on different parameters, including the number of seats, winning majority and poll percentage in different constituencies and even community-based performance of candidates.

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