Huge Betting on AP CM Jagan’s Bail Verdict

All eyes are on the CBI Court as it will be pronouncing its verdict on AP CM YS Jagan’s bail cancellation petition filed by YCP rebel, Narsapuram MP Raghu Ramakrishna Raju. The YCP camp is completely in panic mode while MP RRR is confident that the bail would be cancelled.

If the CBI court cancels Jagan’s bail, there would be huge changes in AP politics and who will lead the YCP government in the absence of Jagan, is a big mystery. But if the verdict is in favour of Jagan, then it’s business as usual.

Amidst this, AP is witnessing huge betting trends. The pro and anti Jagan groups are betting massive money on Jagan’s bail cancellation and from the media reports we hear that crores of Rupees transactions have taken place already.

The CBI court will decide the bail cancellation depending upon the merits of the petition. The arguments related to the case were carefully observed and heard by the court. People who have knowledge on court structure are betting based on these inputs.

But to cancel a CM’s bail, there should be high standards of merit and concrete evidence.