Hindi News | Samay | UP/Uttarakhand | MP/Chhattisgarh | Bihar/Jharkhand | Rajasthan | Aalami Samay
Gujarat assembly results 2012 Live: Bookies keep Modi under 100
Last Updated : 20 Dec 2012 08:35:39 AM IST
narendra modi
Gujarat assembly results 2012: Bookies keep Modi under 100


Gujarat bookies have predicted 90-100 seats for BJP in the 182-seat state assembly where as Gujarat chief minister Narendra Modi is optimistic for a hattrick.

The 2012 Gujarat assembly elections results assumes much  significance as  the results will have an impact ion Lok sabha 2014 elections . Gujarat elections were  the most widely watched elections in the country and world over with money worth Rs 5,000 crore already been placed in the betting market.


On the contrary e exit polls and post-poll surveys have predicted a landslide victory for Gujarat chief minister Narendra Modi.

The bookmakers offer Rs 40 for every Rs 100 bet if the BJP gets 90 to 100 seats. Profits get higher, upto Rs 350 for every Rs 100 rupee bet on BJP getting more than 120 seats. For the Congress, bookies are citing Rs 30 on every Rs 100 rupee if the party wins 50 seats.


The higher the payout promised to the punter, the bigger the bookie's confidence that his own prediction - in this case, the BJP will not hit or cross 100 seats - has a better chance than the punter's.

The punters will  pay 250 paise (per 100 paise) if the BJP wins more than 120 seats, which bookies now consider a fairly low probability outcome. Six days ago, the rate was 120-123 paise bet on BJP wining 100 seats .

The current odds for BJP getting 110 seats have also lengthened. Earlier, punters were offer 145 paise payout for 100 paise bet. Now, they are getting 156 paise for a 100 paise punt on BJP hitting 110.

However, the bookies have not altered the 500 paise reward for the Congress winning more than 65 seats - the least likely outcome from the point of view of the betting market.

The unusually high voter turnout in the elections has put Chief Minister Narendra Modi at odds in the Gujarat assembly elections as  punters  believes that  the chief minister is unlikely to score a 'big' victory as predicted by the pollsters.

On the other Hand , Modi who has  wants to make a formal transition from a state leader to national leader  while  his popularity as a symbol of development  is world wide known.

In the 2007 state elections, the Modi-led BJP had won 117 seats. The future of Modi's career at the national level depends on bettering that performance, or at least not doing worse than 2007.

But any downward trend in the number of seats will dampen his credibility in the party.

The underground betting markert in Ahmedabad is buzzing with activity, and it places Chief Minister Narendra Modi as a front runner in the race. While Modi may be a clear favourite with the bookmakers, the rebels, led by Gujarat Parivartan Party chief Keshubhai Patel have suddenly emerged on the radar after the first phase.

Four exit poll results  surveys BJP is expected to bag 118-140 seats in Gujarat while Congress estimated tally ranges between 40-58 in 182-member house.

Cvoter exit poll results:

BJP: 120
Congress: 58

ABP News-Nielsen exit poll results:

BJP: 126
Congress: 50

News 24-Chanakya Exit poll results:

BJP: 140
Congress: 40

Modi have been winning elections since 2002 and Gujarat has turned electoral politics into developmental politics. People will vote us to power again this year.”

“Gujarat in 1974 launched a campaign against corruption and toppled the (then) Congress government. There is no place for corruption in Gujarat,” he said.


Post Your Comment (0 posted):
Post your comment Post Your Comments
Your name :
Your e-mail address :
Your website :
Add your comments :
Please enter the code you see in the image:

Its homecoming of sorts for gorgeous former Miss Universe Sushmita Sen as she is set to s

Bollywood actress Sunny Leone was looking stunningly beautiful as she walk the ramp as t

Salman Khan a "national boyfriend" this name has been given to him by Karan Johar, Karan

Aamir Khan is fiercely protective about his movies, but the story of Peekay has been leake

Pakistani actress Saba Qamar's “Kambakht” is set to clash with Salman khan’s upcomin

People still think that Manju from Comedy Nights With Kapil is actually Kapil Sharma's rea

Recently, two Pakistani actresses have made inroads into Bollywood. Humaima Malick will be

These women can put to shame celebrities who boast of having a size zero figure. These wom

Rabiya Khan, the mother of deceased Bollywood actor Jiah Khan, assured the Bombay High Co

Another love lady of Akshay Kumar. Bollywood Khiladi has a long list of love affairs Sta

Bollywood's selfie obsession has caught the fancy of almost all stars in the industry. See

Social networking sites have been flooded by the news how Deepika Padukone wished Happy Bi

When Malaysian Airlines flight MH17 came down after being hit by a missile in east Ukraine

Sunny leone is in a denial mode but the site owners have her signed contract.Sunny isone d

A Malaysia Airlines plane was blown up over Eastern Ukraine by a sophisticated missile bel

We bet you did not know these facts about the birthday girl Priyanka ChopraToday is our de

A new study has claimed that if you sleep in the nude, then you can have a happier relatio

Russian President Vladimir Putin was on target but terrorists by mistakenly shot down Mala

Another conspiracy that is originating from the blasting of the Malaysian airlines flight

With the MeT department warning of heavy showers at various places in Uttarakhand on Satur

After a long gap Superstar Shah Rukh Khan returned to the small screen with his new show "

Dog is man's best friend, and we have wolves to thank for it!

Chinese handset maker Xiaomi will be launching its latest 4G device Mi4 in India on Jan 28

Samay Live

Samay Live


Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live