Unofficial estimates have the total amount wagered on who would form the next andhra pradesh government at about Rs 5,000 crore. The question is whether jagan will win reelection for a second term or whether Naidu will win the seat after a five-year absence. "Stakes are high for Naidu, who is facing several obstacles in his quest for power. The bettors will profit greatly if he returns to power. Regaining power would reduce the risk, according to sources.
In addition to wagering mostly on the general election result, gamblers have also placed bets on important parliamentary seats such as Kuppam, Mangalagiri, pithapuram, Undi, Viskahapatnam, and Vijayawada.
Huge sums of money are reportedly on the line in the kadapa parliamentary seat as well, where YSRCP candidate y s avinash reddy is facing off against Jagan's sister, Y Sharmila, who is running on the congress ticket.
Along with brothers Kesineni srinivas and Kesineni Sivanath from the vijayawada Lok Sabha segments, bettors have also placed large bets on the winning chances of Kodali Sri Venkateswara Rao (Nani) from Gudivada, Vellampalli Srinivasa Rao, bonda Umamaheshwara Rao from vijayawada Central, and others.
How much money is exchanged at the end of Monday's polling day is yet unknown.
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