As the high-stakes Jubilee Hills by-election results draw near, underground betting networks across Telangana and Andhra Pradesh are in full swing, with wagers reportedly crossing ₹10 lakh, according to insider sources.

Punters have gone all-in on the outcome, with Congress candidate Naveen Yadav emerging as the hot favourite over BRS nominee Maganti Sunitha.

Bets placed in Hyderabad, Warangal, and Bheemavaram circles are said to range anywhere from ₹10,000 to ₹20 lakh each.

Odds currently stand at 1:4 for BRS; meaning a ₹25,000 bet could yield ₹1 lakh if Sunitha wins; while Congress is trading at 1:2, promising double returns if Yadav secures victory.

In the Bheemavaram market, bettors predict a 25,000–30,000 vote margin for Congress, whereas Hyderabad circles expect a tighter 8,000–1

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