Kadapa, May 07: It’s betting time in Kadapa. At least Rs 100 crore is at stake over the “victory margin” of the YSR Congress nominee, Mr Jagan Mohan Reddy.
Political activists from East and West Godavari, Hyderabad, Krishna and Guntur districts are involved in the betting activity.
While some have bet luxury cars valued up to Rs 25 lakh, others have offered utility items like costly cellphones, fridges and air conditioners.
Hotels, lodges and guesthouses, where political leaders and workers from these districts are put up, have become impromptu betting dens.
“The question whether Mr Jagan Mohan Reddy will win or lose the polls is now outdated. With just a day left for the campaigning to close, it’s quite clear that Jagan will win the Kadapa bypoll. So, betting is now on the victory margin, and by how much majority he will win the election,” said a political activist from Guntur district, who is staying at a guest house run by a government-owned corporation.
The victory margin for Mr Jagan Mohan is being projected between 50,000 and 3,00,000 and as the victory margin goes up, so does the value of the bet.
–Agencies