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Author Topic: Betting on political events  (Read 545 times)
Julien_Olynpic (OP)
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June 22, 2024, 06:52:28 AM
Merited by TheUltraElite (1)
 #1

I propose to discuss bets on political events in this topic. Some bookmaker organizations offer such bets. In order not to engage in their advertising, I will not mention their names, but you can easily find them on the Internet using various queries such as “Betting on political events” or even “Betting on non-sports events”. Strictly speaking, political betting is a type of betting on non-sports events. I don’t know whether the moderator will allow this topic to remain in gambling discussions or move it to the politics section. But in my opinion, it is more logical to leave this topic here, because despite political forecasts, we are talking specifically about gambling.
 Why has betting become a symbol of sports games? This is not true. We can argue about any event - political, musical, economic, even esoteric. However, political events, such as elections in the United States, have the greatest liquidity. Perhaps a separate topic should be created for non-sports disputes that are also not political.
   Here I propose to discuss all political events in all countries on which bets are placed, and not just political events in the United States.

R


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June 22, 2024, 07:34:21 AM
 #2

Here I propose to discuss all political events in all countries on which bets are placed, and not just political events in the United States.
I do not think this is necessary. Most of the bookies on this forum will not have more than common political betting than the well developed country ones like the United States presidential election. Most of the betting sites that has other political events that are not United State are local betting sites. Local betting sites do have this for their country but in a way people from other countries that can not access the local betting sites can not bet on the political event (like election) that is happening in another country. This does not worth it.

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June 22, 2024, 07:40:59 AM
 #3

   Here I propose to discuss all political events in all countries on which bets are placed, and not just political events in the United States.
It's not bad, but I feel that it's not really necessary. First, not many people who gamble are interested in politics. Second, not all people who actively gamble who come from certain countries can gamble legally. Based on not caring about political contestation, people don't understand the chances of who will win and how they do the analysis to be used as a bet.

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June 22, 2024, 07:47:27 AM
 #4

First, not many people who gamble are interested in politics.
How did you know know this? You are not correct unless you asked the gambling site. In my country you will see the gambling sites that have Nigeria presidential election betting. This is also common on other gambling sites in other countries. If people are not interested, the betting sites would have been discouraged not to include it.

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June 22, 2024, 07:58:49 AM
 #5

   Here I propose to discuss all political events in all countries on which bets are placed, and not just political events in the United States.

Well maybe we should know what kind of political events specially elections are going to happen in the next couple of years before we can have this kind of discussions. I'm familiar with one betting site though,

And from what I check it has the Brazilian politics, like for Mayorship in October 2024.

Also the conflicts that we have in the Middle East, like if Netanyahu will remain as Israel's PM in 2024.

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June 22, 2024, 08:20:31 AM
 #6

I propose to discuss bets on political events in this topic. Some bookmaker organizations offer such bets. In order not to engage in their advertising, I will not mention their names, but you can easily find them on the Internet using various queries such as “Betting on political events” or even “Betting on non-sports events”. Strictly speaking, political betting is a type of betting on non-sports events.
It is not a hidden or secret activity, many betting companies offer bets on different events. Even there is one who is offering bets on wars, such as which party will use nuclear weapons or not. Some platforms allow people to set up betting activities, while bettors place bets on them.

  Here I propose to discuss all political events in all countries on which bets are placed, and not just political events in the United States.
Political events are popular and might attract more bettors because they affect the entire population of a country. It is also ideal because it is a recurring event that happens almost every year in different parts of the world. But I doubt if it will get much attention on the forum like sports. Discussions might only be limited to popular countries and nations that have large representation on the forum. There is no harm in trial, so you could give it a try to see how successful it will be.



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June 22, 2024, 08:36:51 AM
 #7

Why has betting become a symbol of sports games? This is not true. We can argue about any event - political, musical, economic, even esoteric.
Because sports presents the most competitions which has multiple outcomes and results that can be objectively checked with stats. Other events that have this have for a very long time also been gambled on, they just do not occur as frequently as sports events do.

You can bet on political elections, entertainment awards, even on the weather. As long as there are various possible outcomes, there is a market to predict and stake on it.

Here I propose to discuss all political events in all countries on which bets are placed, and not just political events in the United States.
Political events of a few countries gets global attention and discussion. it's also usually the presidential elections which comes every 4 years, so not enough discussions to keep a thread active.
It's best to try and start a discussion for a single event that it is upcoming, so ch as the UK General elections and see if that will get some attention.

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June 22, 2024, 08:37:47 AM
 #8

  Here I propose to discuss all political events in all countries on which bets are placed, and not just political events in the United States.
It's not bad, but I feel that it's not really necessary. First, not many people who gamble are interested in politics. Second, not all people who actively gamble who come from certain countries can gamble legally. Based on not caring about political contestation, people don't understand the chances of who will win and how they do the analysis to be used as a bet.
People can easily absorb information about political contestation in literally just one narration, the entire political complex aren't really that complex, political contestation always have certain outcome if its demoratic election for example presidential election, I think you can easily judge from the sentiment of people and make bet, its so far the easiest thing to learn because unlike learning sports where every team have different structure and different players that usually dynamically exchanged politic is as simple as people taking sides and there's only very limited candidates.

Not to mention there are usually survey that take samples on predicting the outcome of the election that could help in people's analysis big time, you can't do this kind of thing with sports.

First, not many people who gamble are interested in politics.
Totally incorrect, almost all of my friends who likes to bet always talk about politic, its not rocket science when entire dynamic of politic is the biggest thing that gonna affect our lives moving forward, i can bet that almost the entire population that aged more than 21 talk about politic constantly.

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June 22, 2024, 08:42:35 AM
Merited by TheUltraElite (1)
 #9

I will never take serious risk betting on political events because such decisions are heavily affected by political inclination and does not conform to the principles of emotion-free gambling that I practice. Furthermore, I have noticed a pattern in the political space that makes it possible for the worst set of people to win elections, meaning there are forces somewhere that wants weak leaders/nations for whatever reasons I do not know. So the popular and better candidates rarely win.

My country had elections last year and there was a candidate that everyone wanted to win, people donated their resources and time campaigning for him in all the nooks and cranny of my country. But during the election, the electoral laws were suspended,  internet jammed and the forces of hell was unleashed on my country and he was rigged out of the system. He was given the lowest odds because all opinion polls gave him landslide victory. That was an eye opener to me.

R


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June 22, 2024, 08:50:03 AM
 #10

I propose to discuss bets on political events in this topic. Some bookmaker organizations offer such bets. In order not to engage in their advertising, I will not mention their names, but you can easily find them on the Internet using various queries such as “Betting on political events” or even “Betting on non-sports events”. Strictly speaking, political betting is a type of betting on non-sports events. I don’t know whether the moderator will allow this topic to remain in gambling discussions or move it to the politics section. But in my opinion, it is more logical to leave this topic here, because despite political forecasts, we are talking specifically about gambling.
 Why has betting become a symbol of sports games? This is not true. We can argue about any event - political, musical, economic, even esoteric. However, political events, such as elections in the United States, have the greatest liquidity. Perhaps a separate topic should be created for non-sports disputes that are also not political.
   Here I propose to discuss all political events in all countries on which bets are placed, and not just political events in the United States.
Betting on money on any event, be it political events, sports events, or even the weather forecast, can already be considered gambling. You can even make this bet with your neighbor on the outcome of the US presidential election. In general, wherever there is money, like prize money, for a possible outcome of events. The main thing is that service providers (bookmakers and others) allow betting on such (political) events. I am sure that in the future there will be more types of betting events, because other areas are already appearing, not just sports. The gambling business will not want to miss out on profits, and gamblers will not want to miss out on their bets. Therefore, a separate thread for discussion will be needed, but it would not be logical to place it in the politics section, because after all, this is much closer to gambling.

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June 22, 2024, 08:57:22 AM
 #11

How did you know know this? You are not correct unless you asked the gambling site. In my country you will see the gambling sites that have Nigeria presidential election betting. This is also common on other gambling sites in other countries. If people are not interested, the betting sites would have been discouraged not to include it.
There are many gamblers who have high interest in politics as they do with gambling. My POV is that It is almost like a chronic case of addiction for you to be gambling on almost anything. Is sport betting and Live Casino games not enough for people to gamble on, what is the need for an extra event? Casino's just take advantage of people's love for gambling to make all these unnecessary bets available leading more people more to addiction because they know they benefit from that.

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June 22, 2024, 08:57:43 AM
 #12

   Here I propose to discuss all political events in all countries on which bets are placed, and not just political events in the United States.
It's not bad, but I feel that it's not really necessary. First, not many people who gamble are interested in politics. Second, not all people who actively gamble who come from certain countries can gamble legally. Based on not caring about political contestation, people don't understand the chances of who will win and how they do the analysis to be used as a bet.
Some people that do gamble don't care about politics, me as an example, I don't put my mind on any thing that has to do with politics. But from what I understand about gamble, if 2 or more people  can decide to stake on anything they are arguing about, it also called gamblin, even though its not sport it can also be called gamble because they stake on it. However, money is what makes a gambler, if anyone argue without putting money on the argument it's not gamble but once they have staked with on the argument it would be called gambling, staking money on the argument they do makes them feel that they are right in what they are saying. But talking about staking money on politics, that's the most highly risk one should take because politics is like a thing of turn by turn, the person you feels will win might not be the real winner.

R


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June 22, 2024, 08:57:52 AM
Merited by TheUltraElite (1)
 #13

There might be some legitimate discussions that involve gambling on politics, but for the most part political discussion should remain in Politics & Society. There are already many posts in political betting threads that are better suited for Politics & Society but forum members try to find a loophole in signature campaign rules that disregard posts made in Politics & Society.

More recently we have seen moderators moving topics where gambling isn’t the main focus to off-topic. I don’t think we need more threads in the gambling section where people are going to abuse them to meet signature quotas by discussing non-gambling things.

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June 22, 2024, 08:59:07 AM
 #14

Are you referring to the presidential election betting games op? Because I have read that there are other gamblers who seem to want to bet on who will win the presidency on election
day this year in the U.S..

That's why I also read something that says that if your bet is already known who will win the presidency, their bet was manipulated right from the beginning. In which is too difficult to bet on this type of opponents in gambling.



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June 22, 2024, 09:16:15 AM
 #15


 Why has betting become a symbol of sports games? This is not true.

I think this is so because sports is what comes almost every time, daily and season unlike election that comes once in a while and people need something of attraction that will take them away from boredom. Again sports has been associated with gambling and what we are seeing now with betting on election or election date is just a new kind of betting style that is emerging.


We can argue about any event - political, musical, economic, even esoteric.

Sure because betting is about chosing of the final outcome of something that you involve money with it as a benefit for being right and when you are wrong, you lose your money. So to bet outside sports or casino games is also part of betting. If you say a particular musician is going to win the grammy or whatever musical competition on a particular category and someone disagree on your position then you involve money into it, you are already betting on it. Therefore, betting these days is not only about sports but it is now including other parts of human services and endeavors.

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June 22, 2024, 10:05:14 AM
 #16

Are you referring to the presidential election betting games op? Because I have read that there are other gamblers who seem to want to bet on who will win the presidency on election
day this year in the U.S..
Not only people that are from United States that would bet on US presidential election, also people from other countries in the world will bet on it. That is why it is very common like this. Millions of people will bet on it.

That's why I also read something that says that if your bet is already known who will win the presidency, their bet was manipulated right from the beginning. In which is too difficult to bet on this type of opponents in gambling.
I think you need to read this again and make some corrections because I try to understand what you meant here but I am not able to understand it. Or maybe I am the one that do not understand you correctly.

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June 22, 2024, 10:15:28 AM
 #17

I won a couple of bets here in Italy.
For a long series of elections, the candidates were not elected directly but an "external" figure or an "other" was selected!
This happens for many consecutive elections and I guarantee you that it was also easy to guess because for a whole series of political issues it was certain that there would not be a winning candidate...
In my opinion, this type of bet is difficult, excluding some specific situations like the one I have described.

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June 22, 2024, 10:24:16 AM
 #18

The thing is, not many people are interested and know with other nations, but most people are interested and know with United States. Sure people can discuss political event or other events on other countries, it just that people aren't interested, if they're interested, they will create the topic.

More recently we have seen moderators moving topics where gambling isn’t the main focus to off-topic. I don’t think we need more threads in the gambling section where people are going to abuse them to meet signature quotas by discussing non-gambling things.
But, there are thread discuss about Ballon d'Or and Oscar award that aren't really about gambling, can stay in gambling discussion. So, it's really subjective case.



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June 22, 2024, 10:40:37 AM
 #19

“Betting on non-sports events”. Strictly speaking, political betting is a type of betting on non-sports events. I don’t know whether the moderator will allow this topic to remain in gambling discussions or move it to the politics section. But in my opinion, it is more logical to leave this topic here, because despite political forecasts, we are talking specifically about gambling.


The most important part here is the word betting which automatically coincides with the gambling discussion to be on topic here. Sports discussion is allowed because of sports betting so it’s the same category if you will attached betting on any event since it will become gambling discussion already. Sports is not gambling same with politics though.

Quote
Why has betting become a symbol of sports games? This is not true. We can argue about any event - political, musical, economic, even esoteric. However, political events, such as elections in the United States, have the greatest liquidity. Perhaps a separate topic should be created for non-sports disputes that are also not political.
   Here I propose to discuss all political events in all countries on which bets are placed, and not just political events in the United States.

Your topic content looks like you are still inquiring for the acceptance of this topic here. You should move this first to Meta since most of the reply will just answer to your question about the validity of politics betting here in gambling board.

This thread will be spam fest of non political betting post.

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June 22, 2024, 10:43:34 AM
 #20

Election is not a continuous event, so for me, it's not interesting to discuss, and I don't think we need a dedicated thread for it. One can create a thread and discuss it when an election is happening. Actually, only elections in big countries are interesting to discuss. For example, in the US, the presidential election only happens every four years. If there's no election happening, that certain thread will stay stagnant.

As for sports betting catering to political betting, it doesn't naturally attach to its service. However, sportsbooks do many things to increase their revenue, and since elections can also attract bettors, they were added to their menu.

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