Bangalore puts its money on Congress

With the Lok Sabha election results just a few hours away, the City’s betting buffs have invested huge amounts of money on the Congress on the satta market.

Governed by the underground Mumbai satta market, where the cumulative betting amount is learnt to be somewhere around Rs 10,000 crore, Bangalore’s share is around Rs 500 crore, sources said. A large chunk of the betting amount is going in favour of the Congress.

If sources are to be believed, the bet per unit on the Congress and its allies is Rs 5 whereas the betting amount on the NDA is Rs 7 per unit.

Sources said the betting amount per unit on the Congress party is less as the probability of it forming the government at the Centre is higher than the BJP.