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₹25,000 Crore in Illegal Election Results Betting?

India’s 2026 elections have triggered a massive underground betting market, with over ₹25,000 crore reportedly wagered via platforms like Polymarket. Using VPNs, crypto wallets, and fake polls, users bypass Indian laws where election betting is illegal. Authorities now fear these prediction markets could distort public perception and influence democratic processes.

This post was last modified on 3 May 2026 9:27 pm

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