The betting market is hotly ‘contesting’ the forthcoming presidential elections with an estimated Rs 800 crore at stake over the next head of state.u00a0Soon after the Election Commission announced the schedule for the presidential elections, the betting mafia opened its doors for punters to place their bets on the next incumbent of Rashtrapati Bhavan.u00a0According to current indications available from betting circles, Finance Minister Pranab Mukherjee is the top favourite, commanding a figure of 50 paisa per rupee. It means if one bets a rupee on Mukherjee, he would win Re 1.50.

Pranab Mukherjee