While a political party may win or lose but the ensuing elections would bring in some extra moolah for bookies in the festive season.
As the parties struggle to finalise candidates, the satta market is already on a high this election season.
If the trend in satta markets is anything to go by, BJP would make a comeback in MP. Bookies are bullish on ruling BJP in the election. The rates in satta market point at the possibility.
As per the bookies, if a person places a bet of Rs 10,000 on BJP, he would get Rs 11,000 in return if the party comes to power while in case of Congress, the stake holder tends to lose Rs 10,000 for placing a bet of Rs 4,400.
It means profit is offered more on Congress by punters believing that the party would not be able to make a comeback in this assembly election. Profit margin is low for BJP since bookies believe more people would like to place a bet on BJP.
“We are confident that the BJP would make a comeback while scope for the Congress is slim in MP. BJP would also win Chhattisgarh whereas Congress will make a comeback in Rajasthan. The satta market is running good this poll season. Rates may vary once the tickets are finalised by the parties, but we expect the trend to remain the same,” said a bookie.
Satta market in every election runs in crores. Bets are placed not just over phone, but also on websites and online mobile applications, leaving almost no room for police to nab the bookies and the ones placing the bet.
Probably, this is the reason why no gang has been busted in state so far for running election betting racket. And it is not that people in major cities, including Bhopal are not into betting. At least three cases of betting are registered daily in Bhopal. The craze of betting is more for cricket and it is shifted to politics only during the polls.
Officials said busting an online betting racket is a challenge as such gangs keep moving from one place to another. Online betting can be operated even from a moving car, café or from any public place in the city, state or from any other part of the country.
DIG Dharmendra Choudhary said the police are running special campaigns against criminals involved in gambling and betting ahead of elections. The criminals are being made to sign bonds to prevent them from committing such crimes in the future. He said that crime branch, Bhopal monitors and keeps an eye on online betting. Raids are being conducted on receiving specific tips to nab criminals. Police station level actions were also taken against such illegal betting and gambling dens being operated in the city.
ASP (Crime) Rashmi Mishra said crime branch activated its network of informers in the city prior to elections to keep an eye on illegal activities. She said that it is difficult to crack online betting and gambling rackets, but police take actions against criminals after specific inputs.
Speaking about websites and mobile apps for gambling, IG (Bhopal) Jaideep Prasad said police would act against such rackets on getting specific inputs and complaints. The state cyber cell keeps a constant vigil on such websites and mobile apps and take necessary action, he said.
SP (cyber cell) Bhopal Rajesh Bhadouria said the cyber cell takes action against any criminal activity which falls under the provisions of IT Act. The cyber cell is keeping a constant vigil on cyber-crimes in view of upcoming elections, he said, adding, action is taken on basis of any intelligence or information received on any specific activity.
from Times of India https://ift.tt/2CKfZNR
