12-12-2007, 12:19 AM
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To place a bet, a bookie like CK can be called and you can be in.
"Right now the bets that are being offered are a bet on 90,100 or 110 seats for the BJP or 60, 70 or 8-0 seats for the Congress these are six categories that you can bet on,â says CK.
One week is a long time in politics and so the bets constantly change, CK says.
<b>Five days ago if you bet on BJP getting 90 seats the profit was 15 paisa, but today the same bet earns 32 paisa per rupee.</b>
It means that the betting syndicate feels the odds against the BJP have increased and hence the greater the risk then greater the returns.
Five days ago a 100 seats for the BJP meant 45 paise for a rupee and now today it is priced at 80 paise.
And 110 seats meant 95 paise, but today it is priced at Rs 1 and 80 paise for every rupee
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To place a bet, a bookie like CK can be called and you can be in.
"Right now the bets that are being offered are a bet on 90,100 or 110 seats for the BJP or 60, 70 or 8-0 seats for the Congress these are six categories that you can bet on,â says CK.
One week is a long time in politics and so the bets constantly change, CK says.
<b>Five days ago if you bet on BJP getting 90 seats the profit was 15 paisa, but today the same bet earns 32 paisa per rupee.</b>
It means that the betting syndicate feels the odds against the BJP have increased and hence the greater the risk then greater the returns.
Five days ago a 100 seats for the BJP meant 45 paise for a rupee and now today it is priced at 80 paise.
And 110 seats meant 95 paise, but today it is priced at Rs 1 and 80 paise for every rupee
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