Chinna Bangarraju is taking forward his grandfather Bangarraju's legacy of being a massive flirt. His worried grandmother however wants to ensure he's not lonely anymore before she passes on.

Betting Bangarraju is all about a person who took 5 years to finish his degree but never failed in betting. By his capable calculations he always succeeded in all the bets. Such a character when it comes across a damsel what happens next is all the movie about.