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Bookies betting on a UPA win on July 22

CNN-IBN
Jul 18, 2008 at 09:08pm IST

New Delhi: The crucial UPA trust vote slated on the July 22 does not only have political parties on the tenterhooks. It is also keeping the bookies busy.

The odds that UPA will reach the 272 seats are in the range of 22-25 paise. The buzz among the bookies is that these rates have been deliberately kept low since they expect the UPA to win the trust vote comfortably.

Meanwhile, the odds that UPA will get between 278-280 seats are in the range of 48-50 paise and for 280-285 seats they are 85-90 paise.

All bets placed till now total up to around Rs 400 crore, but they are expected to go upto Rs 2,000 crore by July 22.

With just a few days to go for the trust vote, the numbers are stacked up precariously for the Government with both pro and anti-nuclear lobby locked in a dead heat.

In the 543-member Lok Sabha, 542 members are eligible to vote. So the halfway mark is 271.

The Government claims the support of 260 MPs and Opposition too claims the support of 260 MPs.

But 21 are undecided, including those from parties like Shibu Soren's Jharkhand Mukti Morcha (5), Ajit Singh's Rashtriya Lok Dal (4), Omar Abdullah's National Conference (2), Deve Gowda's JD(S) (2) and nine others, including four independents.

The Government needs at least 10 out of these 21 MPs to hit the halfway mark, while protecting its own flock.

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