Bookies predict normal monsoon for city
Bookies have predicted a normal monsoon this year, and say that the city will receive between 1,800 to 1,900 mm rainfall this season. The bookies, who have shifted to Goa after top bookies were arrested rece-ntly, said that they will be depending on the forecasts and rainfall recorded by international meteorological websites. They expect to do a business of `3,300 to `4,000 crore in the season.
“After the recent arrests of six bookies, including Dinesh Kothari and Sunil Jalan, bookies have now shifted base to Goa from where they are opening the rates. While the top bookies will be lodged in Goa, their men will conduct the business locally,” said a city-based bookie.
Bookies expect a normal monsoon with 1,800-1,900 mm rainfall being recorded for the entire season. “We will also be depending more on the predictions made by international weather websites to come up with updated rates, as their equipment is more sophisticated. We expect to do a business of around `3,300-`4,000 crore,” he said.
Apart from the overall rainfall, the bookies have also come out with monthly rainfall rates. “It rains maximum in July and August as against June and September. So for July and August we have come up with rates for 400 mm, 500 mm and 600 mm rainfall,” he said.
For the month of June, the bookies have placed 65 paise, `1.15 and `3.25 for 300, 400 and 500 mm rainfall respectively. For September, they have placed the same rainfall measure at 65 paise, `2.25 paise and `6 respectively.
Similarly, for the month of July, the bookies have placed 32 paise, 90 paise and `2.40 paise for 400, 500 and 600 mm rainfall respectively, while for the month of August, they have placed 32 paise, `1.05 and `3 for the same measurement.
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