Rs 300 Crore Betting On AP Result

Tue May 21 2019 23:01:07 GMT+0530 (IST)

AP Assembly election result has become the hottest area for the betting rings. Already over Rs 300 crore  have been invested in the betting rackets, with most fancying a YSRCP win. But, two things are worrying those who are hedging their bets on the YSRCP. They are worried about Chandrababu Naidu's confidence. His confidence makes one believe that the TDP is well-placed to win. If Chandrababu finally goes on to win, it would be the biggest upset in the betting rings. Interestingly, the number of those betting on the TDP have increased after the exit polls by various organisations and agencies gave confusing signals. As for Andhra Pradesh, at least three survey teams, including the Lagadapati Rajagopal team, have predicted TDP victory. After this, more amount is being bet on the TDP.

The betting rings are now confused and some even feel that Lagadapati's survey is intended mainly to ensure that more people bet on the TDP. Whatever the case, the people will either end up losing heavily or make huge profits from betting on May 23.