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Stakes get flashy

It's that time of the year again and all of Delhi is hooked on to card parties. Rs 100 to crores, cars, diamond rings...just about everything is on the table at Delhi's expensive card parties.

india Updated: Oct 08, 2009 18:11 IST

It's that time of the year again, and all of Delhi is hooked on to card parties. As Diwali parties begin across the city, the richie-rich of the Capital and the college-goers are all looking forward to playing Flash or Teen Patti. And you can lose a lot - stakes range from Rs 100 to crores, depending on where you are and who you are with.

The Page 3 crowd plays big. They throw crores on the tables and when they run out of cash, they flip their car keys and slip off their diamond rings. Rajeev Jain of Rashi Entertainment, who is organising a few card parties this season says, "We organised a party for 700 people a few days back, attended by industrialists, gutkhawallas and builders. The starting stake was Rs 4-5 lakh for most of them."

Model Amanpreet Wahi who is hosting a cards party tomorrow with a guest list of 150 people says, "While I play cards for fun, I see people going crazy with money. At a party I attended last year, there was a socialite who won Rs 2 crore. She had two assistants to count her money because she was busy playing. I was like 'wow' and then someone told me that she had lost Rs 50 lakh at last year's party. A friend of mine lost Rs 5 lakh at the same party and put in his car keys."

Most players have dedicated budgets for these parties and the area is divided into several tables with a different starting stakes. Interestingly, these parties are also seen as a great time for business and the money thrown on the table determines your financial standing.

Designer Rahul Jain says, "I attended a party at the house of a French furniture boutique owner in Sainik Farms and the starting stake was Rs 50 lakh. A friend told me that these parties are not as much about money as they are about business propositions. The more money you can show, and the better business proposals you get."