Election 2019: Satta bazaar in Madhya Pradesh bets on BJP getting 246 seats

3 betting cases registered every day in state capital
BHOPAL: Satta trends in Madhya Pradesh predict a Narendra Modi.
The satta bazaar had come uncannily close to predicting the scoreline in the 2018 assembly election — 116 for Congress and 102-plus for BJP. But Lok Sabha election is a vastly different ball game, and much has changed between the assembly polls and now. It’s still early days and the candidate lists are yet to be out, but MP punters are giving 21 of the state’s 29 LS seats to BJP Both Congress and BJP, however, are confident they will get more.
Bookies told TOI that satta trends may not reflect the actual situation on the ground, but the market is accepting bets on BJP winning three times as many seats as Congress. “If someone bets on BJP and the party gets less than 246, it will fetch double the amount placed as bet. But if BJP gets 246 seats or more, the bettor gets zero,” said a source.

Highlights

  • The satta bazaar had come uncannily close to predicting the scoreline in the 2018 assembly election
  • Bookies said satta trends may not reflect the actual situation on the ground, but the market is accepting bets on BJP winning three times as many seats as Congress
  • Satta market runs into hundreds of crores every election