By Admin 
Bihar Assembly Elections: As Bihar assembly elections approach, Phalodi betting market of Rajasthan has once again become the center of discussion. Phalodi Satta Bazar, famous for its accurate predictions, has again predicted the Bihar Assembly elections. Let us know what is the prediction of this market.
Phalodi satta market prediction
According to Phalodi Satta Bazar, NDA is leading in the race to form the next government in Bihar. According to the market, Nitish Kumar is getting full support from NDA as a contender for the post of Chief Minister. Bookies are giving a return of Rs 2000 on every Rs 1000 bet on NDA’s victory. According to Phalodi Satta Bazar, NDA is expected to get 128 to 132 seats, with this the Grand Alliance may get 97 to 100 seats.
Nitish Kumar’s personal price in the betting market is between 40 to 45 paise. Meanwhile, there is a continuous decline in the prices of the Congress-backed Grand Alliance. Bookmakers estimate that it will be between 93 to 96 seats. Meanwhile, let us tell you that as the election campaign intensifies, the prices will start opening according to the seats in the coming days.
How are prices decided in Phalodi market?
The process of price determination in Phalodi betting market is determined on many things. The first and most influential factor in this is public sentiment. Phalodi market thrives on the mood of the voters. It all depends on conversations on social media, local rallies and political debates. The more support a party or candidate gets from the public, the stronger its sentiments become.
Along with this, Phalodi’s bets are also very sensitive to political developments. From the release of the manifesto to the announcement of alliance and speeches and rallies, any major announcement or controversy can bring ups and downs in the stakes overnight. Along with this, Phalodi Satta Bazar also studies the past election data and voter behavior. Bettors understand past results, vote share, voting patterns and demographic trends before placing initial bets.
Along with this, the amount of money at stake also plays a big role. If a large number of people start betting on one party, bookmakers can adjust the rates to balance the risks. Although this betting market attracts attention for its accuracy but it is illegal under Indian law.
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