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Author Topic: Prediction Markets for Political Betting  (Read 334 times)
michellee
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February 12, 2019, 10:30:55 AM
 #21

I hope that the elections will be online so we can watch that moment besides that, I don't know about US elections, and I think we can only watch on the television or the online. I hope that the elections will not full of tricks (although there is no guarantee for the clean political in every country) so people can choose their candidate with a right.

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February 14, 2019, 09:49:50 AM
 #22

I  find this kind of betting interesting.. Been thinking about it for a while now. Unfortunately, I detest listening to political stuff, makes me uncomfortable. Are there no gambling aside politics or Sport betting? How popular/interesting can they be?  I would love to try betting cryptocurrency in other areas like , tech,, weather lol.  No politics,  showbiz/entertainment, fashion orsports.
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February 14, 2019, 10:07:54 AM
 #23

I don't understand why people are sometimes passionate about political betting. It may loom like an easy option to win some money but for me this kind of betting is the most complicated one to win.

Since you are asking about Us mid term elections I think you should consider that Russia has influenced in Trump becoming president. I am not saying this is 100% sure but the book of Hillary Clinton "My truth" looks like it was some outside intervention for real.

This makes betting on politics worse than in different sport betting.

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Ucy
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February 16, 2019, 06:20:29 AM
 #24

I  find this kind of betting interesting.. Been thinking about it for a while now. Unfortunately, I detest listening to political stuff, makes me uncomfortable. Are there no gambling aside politics or Sport betting? How popular/interesting can they be?  I would love to try betting cryptocurrency in other areas like , tech,, weather lol.  No politics,  showbiz/entertainment, fashion orsports.

Any suggestions please? What are your thoughts on augur prediction market — it is an ethereum based betting platform. I read you cany bet on anything on the platform. Anyone one tried it before?  What are your experiences?
Are there similar platforms
UmerIdrees
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February 17, 2019, 01:17:55 PM
 #25

I  find this kind of betting interesting.. Been thinking about it for a while now. Unfortunately, I detest listening to political stuff, makes me uncomfortable. Are there no gambling aside politics or Sport betting? How popular/interesting can they be?  I would love to try betting cryptocurrency in other areas like , tech,, weather lol.  No politics,  showbiz/entertainment, fashion orsports.

I have heard first of this kind of betting which can be done by predicting the winner of the election. This will be really interesting and i wish i could also take part in such a betting if it happens.

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February 17, 2019, 01:42:23 PM
 #26

This is truly an untapped market by blockchain related gamble houses. I would also love to bet on our presidential election coming up in 4days time 16th February 2019 but can't find any house offering that service maybe they haven't considered Africa countries due to the high level of election rigging and most election isn't free and fair.
Where such idea looks quite interesting, there is this possibility for such bets to be partially illegal.
I'm obviously lacking the knowledge with all the laws being in play throughout African states, I can only transpose it to my local election ordinance. Looks like having an open and active poll about ongoing elections has the possibility to be in conflict with so called election silence. Some over-zealous lawyer can interpret such public poll as an offence to that law, resulting in serious problems.
This may be a reason for the scarcity of this kind of bets. Personally I wouldn't take any chances. 

Oilacris
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February 17, 2019, 03:10:51 PM
 #27

I  find this kind of betting interesting.. Been thinking about it for a while now. Unfortunately, I detest listening to political stuff, makes me uncomfortable. Are there no gambling aside politics or Sport betting? How popular/interesting can they be?  I would love to try betting cryptocurrency in other areas like , tech,, weather lol.  No politics,  showbiz/entertainment, fashion orsports.

Any suggestions please? What are your thoughts on augur prediction market — it is an ethereum based betting platform. I read you cany bet on anything on the platform. Anyone one tried it before?  What are your experiences?
Are there similar platforms
What are you doing man? Answering or asking your own self or you might just forgot to use up your other account to reply/quote?  Cheesy
Back to topic, I'm well aware on political bets but on my own opinion this is somehow harder than predicting on sports. Why? Any news or explosive issues will
boom up along the way even the said candidate is most likely to win would go down in an instant.
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February 17, 2019, 06:33:44 PM
 #28

Political betting takes place offline through bookies, and I never used to it. During the last presidential election of USA it was found in directbet.eu, by that time the odds for trump was high. Finally users who placed on triumph were lucky to earn big. After directbet ending it services I never go search for such kind of bets.

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Questat
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February 18, 2019, 02:18:25 AM
 #29

Political betting takes place offline through bookies, and I never used to it. During the last presidential election of USA it was found in directbet.eu, by that time the odds for trump was high. Finally users who placed on triumph were lucky to earn big. After directbet ending it services I never go search for such kind of bets.
This is a big event and I'm sure most sportsbook would add this on their betting lines.
In the previous presidential election, Trump was a dog to win and I think the odds was like 25 to 1 and that gives a better payout for those who
bet on him, it's a big upset on the favorite to win but that's gambling, and I think Political Betting is a good bet since it's transparent.

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February 19, 2019, 05:55:43 AM
 #30

2020 going to be a huge huge betting opportunity. Look at the previous presidents in USA, papa bush served two terms if I am not wrong (I wasn't even born for most of it) and Clinton got the second one as well but cut short because of impeachment, bush with all his flaws and undeserved presidency that ruined almost everything in the whole world still served two years, Obama as the first black american president that revived the white Nazis again still served 2 years.

Now we have Donald, people say his presidency was the worst thing that happened to him and he will be impeached and his approval ratings dropped a lot and so forth and tell many many things that basically says he will not be the president in 2020 however the case that bush became president again and trump seemed like 1% chance at being the republican candidate let alone president but somehow managed to win shows that nothing is impossible in elections.

If I were to bet today I would still bet on trump, I would like to him to lose but I wouldn't bet against him.
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