With the Bihar Assembly elections fast approaching, political excitement is at its peak across the state’s 243 seats. The Mahagathbandhan has launched its manifesto under the slogan “Tejashwi Pran for Bihar,” while the NDA gears up to unveil its agenda. Voting will take place in two phases, on November 6 and November 11, with results announced on November 14.
Amid the political fervor, all eyes are on the renowned Phalodi betting market in Rajasthan, which releases seat projections that are closely watched by analysts nationwide. These figures draw significant attention due to the market’s historical accuracy in forecasting election outcomes.
Latest Phalodi Betting Market Projections
According to Phalodi’s latest numbers, the NDA is predicted to form the next government in Bihar, with Nitish Kumar seen as the only credible chief ministerial candidate from the alliance. Bettors estimate NDA could win between 135 and 138 seats, while the Mahagathbandhan led by Tejashwi Yadav may secure between 93 and 96 seats. The betting odds for Nitish Kumar as CM remain the most stable, indicating strong market confidence in his continued leadership.
If one places ₹1,000 on NDA’s victory, the current market rates could fetch a return of up to ₹2,000, reflecting widespread belief in their prospects. The Mahagathbandhan’s chances, by contrast, appear to be falling according to recent market trends.
Context and Additional Poll Insights
The prediction aligns with several recent opinion polls, which also give NDA a comfortable lead. Some surveys forecast NDA winning 158 seats with 46% vote share, while the Grand Alliance is projected at 66 seats and 41% votes. Alternative polls expect NDA to secure 131–150 seats and Mahagathbandhan 81–103 seats, with Nitish Kumar and Tejashwi Yadav the top choices for chief minister among voters.
As both major alliances intensify their campaigns leading up to voting days, the betting market is expected to update individual candidate odds based on local contest dynamics.
Key Points from the Betting Market
- NDA likely to win between 135–138 seats, Mahagathbandhan 93–96.
- Nitish Kumar favored as chief ministerial candidate from NDA.
- Betting returns on NDA’s victory are currently 1:1.
- Individual seat projections are yet to be released but may emerge as polling nears.
The stage is set for a fiercely contested election, with the Phalodi betting market indicating an NDA advantage while opinion polls show Tejashwi Yadav as a strong challenger. Both alliances are ramping up their campaigns as Bihar voters prepare to make their choice.