In contrast to Rahul Gandhi, the rate for Narendra Modi, the BJP candidate for the PM post, is 45 paise, nearly unchanged from what the rate was about a month ago. This means if one bets Rs 100 on Modi to assume the coveted office in Delhi's South Block, and he actually becomes the PM after May 16, one would get Rs 145.
"Rahul Gandhi is not a running item any more," said a person who is aware of the rates. According to the person, the rates in other parts of the country would differ by 1-2 paise, and not much.
In the Rajkot-Indore circles, the rates for the NDA coming to power is 44 paise. The rates for the BJP, which led the alliance that ruled the country from 1999-2004, getting 200 Lok Sabha seats is 46 paise and 58 paise for 250 seats. This rate has slightly changed what was offered about 10 days ago, — 50 paise to 75 paise for the BJP getting 250 seats — indicating the party has a lower chance of getting to that level.
Bookies are also betting heavily about the Congress getting less than 100 Lok Sabha seats, with the rates for it getting 85-90 seats at Rs 1.60-1.70, the person related to bookies said.
Rates in these betting hubs of the country nearly match what several opinion polls have been predicting. An opinion poll by Times Now — C Voter put 227 seats for the BJP-led NDA, while for the Congress-led UPA the number was 101 seats. The opinion poll also puts 215 seats for all non-NDA, non-UPA parties combined.
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