Around a thousand crores has been invested by various sections of people in the Munugode election betting it is reported. The betting is going on from Hyderabad as the main base.
Jewelry shops, barber shops, clubs, and pubs are the addas for this betting. There are punters who are betting on the Congress party also. If you put on Congress as the winner, you will get more money.
The TRS is said to be the hot favorite for betting. Some TV channel people are also involved in the betting it is learnt. They have invested both on the TRS and also the BJP so that they will not lose money.
It is just one day for the polling. The betting is in order of TRS, BJP and Congress. If Congress wins the punters will get more money. People from Andhra Pradesh are also participating in betting in a big way.
Both state and central forces are monitoring the election, while there is no one to bother about this betting which is illegal. Komati Reddy Venkat Reddy the brother of Rajgopal Reddy who abstained from election campaigning is back in Munugode.
The CEC team is monitoring the situation in Munugode and this night is going to be very crucial for the political parties. Money, Meat, and liquor are flowing like never before.
It is one of the costliest elections so far held in the state of Telangana.