Betting on political events

[Bitcoinsummoner]

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.

Betting on the Presidential Election is a popular trend in recent times. Many people are interested in betting in different sections. So I can say that the Presidential Election will be a common fact for the betting industry. Yes, not only USA is interested in betting, but also every developed country people want to get this opportunity. Let's bet on the Presidential Election!

[o48o]

   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.

You can't just say people aren't interested or people don't understand, as when you say "people" you seem to be talking about you and people you know.

And i don't get how the point i bolded in your text would be in any way relevant. This is a place where we talk about gambling, so how come with betting on politics specifically we should think of people who can't legally gamble? How this wouldn't affect on all betting?

And people who wouldn't understand the changes on how to bet on politics wouldn't still bet on politics. It's not like talking about that should be avoided because majority of people aren't interested. Lot's of people don't get cricket or EA sports, but no one would use those same points to say we shouldn't talk about those here either, even though same points would apply in same way.

On the top of that, if something isn't popular, wouldn't that be the very reason for that thread, and that like minded people could gather, find each other and talk about that specifically.

[Frankolala]

There are a lot of things that one can use to bet, and political events is cool and not something new to gambling. The only problem that I have is not about the date of a certain political event but it is if I am to bet on who will be the president of that country. I don't know about other countries, but in my country, politics is the opposite and elections are being rigged. So betting on such will be a waste of time and funds because it is like match fixing. The election is just a camouflage , because the winner has already being arranged by bribing the Electoral body.

Since elections happens once in every four years, I don't think that this thread is needful because a new thread on an upcoming election can be created. It seems that after some days this thread will be in the 10th page. 

[Coin_trader]

What casino do you use for political betting aside from the US politics? I think the list of the casino that offer this kind of betting option should be added @Julien_olynpic to serve as a guide for potential bettor that will be interested to bet on this kind of betting type.

I like the existence of new discussion thread for new gambling games to create awareness to all bettors about this game existence.

Sadly, Politics in my country is not offered even by our local bookie since the corruption here is strong that makes election result almost predictable.

[Japinat]

Sadly, Politics in my country is not offered even by our local bookie since the corruption here is strong that makes election result almost predictable.

That would likely bankrupt bookies if they offered this type of betting. However, if they know how to manage the risk, they can actually offer it but with limited bets only. The question is, who will provide the betting odds for them? I think bookies do not create their own odds; they have an odds provider that does the job. So, as long as no odds provider is willing to cover local political betting in our country, it's impossible to bet on this type of gamble.

[Davidvictorson]

   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 support that. Nothing wrong with it. As long as it is an event that has been listed in a gambling website it passes the test for a topic of discussion. Recently there was a news of someone close to the British PM who was arrested after investigations found out that he bet on the elections date after he already had a prior knowledge of the date. It is worth discussing. They may not be too rampant but people who see themselves as political analyst would want to put their money where their mouth is.

[Peanutswar]

In terms of politics seems the books don't get too many possibilities to give offers to the player unlike sports betting, just the winner of the votes but if you can see lets accept the fact that theres a lot of activities in politics both parties don't want to lose because of the potential earnings and projects they would like to deal with so every small discrepancy possible theres a changes or having a re-count and its not favor with the casino and players too instead you get your wins takes another turn to decide.

[Ojima-ojo]

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.

Betting on the Presidential Election is a popular trend in recent times. Many people are interested in betting in different sections. So I can say that the Presidential Election will be a common fact for the betting industry. Yes, not only USA is interested in betting, but also every developed country people want to get this opportunity. Let's bet on the Presidential Election!

US election is always on gambling sites and many people have won big by predicting who the winner will be and such have been adopted by many other countries, because recently I saw the listing of a local elections for bets, and this development is gradually taking over most gambling sites and also some lottery company are also offering such services because many aspect of elections are now being bet on such as the real date of the election and who will have the highest votes from a particular section of the country.


But the thing is that we have to build the understanding of the risk of betting on elections results which can easily be manipulated.

[AbuBhakar]

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.

Election is not a continuous event yet the election day of each country is different to each other that’s why people can discuss it continuously with different country elections. Campaign duration is also long that gives us longer time to speculate.

I think the only problem with this kind of discussion is that casino usually offer political betting on US and some major country but the rest of the world is still not included for the choices.

Anyway, the OP can temporarily lock this thread whenever there’s no active election available for discussion.

[mindrust]

I like to bet on political events a lot. They are more predictable than football, basketball or other sports games. There are hardly any surprises. For example, either Trump (the favorite) or the other candidate will win the next US election. The bookies might pay x100000 for the third candidate but he/she will never win so there is zero point in betting on anybody else other than Trump or (biden?). That’s not the case with sports betting because every once in a while teams like Real Madrid or Barcelona loses to a shit grade team. That never happens in politics.

[coin-investor]

   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 don't think we can gain anything from political events betting because there are survey companies that can accurately predict who will win in elections, in our country alone all those who voted in positions have been forecast accurately by the survey companies, they can do that because they have a system in place that can monitor the pulse of the voting masses.

On Sports betting, it is performance-based, while in political events, it's the issues and the agenda that will make the candidates win, not his past performances and reputation; upsets are so rare in political events.

[Moreno233]

Politics is indeed a very sensitive issue especially when discussed at global level and not many people are able to handle political matters with professionalism even in this forum. This is the reason discussing political evens might not really create that engagement we expected as some people will use people opinion here against them or even keep enmity which is totally unnecessary. Apart from this emotional weakness that can be triggered by political discussion, having a thread dedicated for political events would have been seen as a welcomed development. Personally I curious to see what the odds will be like for major elections across the globe like the US elections. I would have loved to see how much the bookies will vary the odds as more opinion polls are conducted towards the elections.

[Cantsay]

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.

The fact that it’s political events doesn’t make it specific to only elections - they could also bet on dates projects would be launched or what the current government would do first when they are sworn into office, those type of things could also work.

But the only issue now is won’t they be leaked information? There was a recent thread about the bodyguard of a senate who went to bet on the day an election would hold sue to him being close to the senate and also privileged to have heard such an info - if bets like this are done there is a high chance that those with the information might want to use it for their personal benefit.

[KTChampions]

I like to bet on political events a lot. They are more predictable than football, basketball or other sports games. There are hardly any surprises. For example, either Trump (the favorite) or the other candidate will win the next US election. The bookies might pay x100000 for the third candidate but he/she will never win so there is zero point in betting on anybody else other than Trump or (biden?). That’s not the case with sports betting because every once in a while teams like Real Madrid or Barcelona loses to a shit grade team. That never happens in politics.

What can you say about events such as Brexit and Trump's first victory in the presidential election in 2016? These events were considered underdogs, but they happened.
And I’m also wondering - if you’re betting on “guaranteed” outcomes, then the odds are probably too small for it to make sense, right? At least in sports betting it works this way.

[Porfirii]

At last, something that will make not only political parties and mass media make money from elections! (Just a joke).

Although I find this alternative to classic bets on sports events interesting, the ethical connotations of bets on elections don't let me feel entirely comfortable. Today it may simply be innocent bets, but in the future, depending on how much money is at stake, the chances of manipulation may be beyond reason, and we are talking about decisions that will have direct impact in the lives of millions or even billions or people.

[topbitcoin]

   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.

Yes, that's fine, but very few people are interested, and it's not necessary because only a small number of people want to bet on political events.

And again, what I know is that political betting is more interesting on the president in America because there is very crowded and also a lot of resources are spent to get No. 1 in Uncle Sam's land.
I am also quite confused if it is equated to a soccer betting system, because I have never seen such a bet, but if it is directly between two parties and stakes $1000 each maybe it makes sense, who wins they take the victory, but maybe this will only apply to those who are fanatical about one of the candidates.

[acroman08]

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 discussion is about betting on political events so it is about gambling. there have been threads talking about betting on political events and I don't remember them being moved to politics and society so I doubt they'll move this one to another section.

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 agree with this and no one is really stopping people from discussing betting political events from other countries, it's just that the people who bet on this kind of betting are usually interested in US politics.

[Zoomic]

Why has betting become a symbol of sports games?

Other forms of betting has already been in existence but they are not widely recognised and accepted. Sports betting is widely known and recognised all over the world. Sports is one activity that is very entertaining and exciting to watch or participate in. The love for sports has grew massively over the years and this had prompted many to skillfully analyze the activity and earn from it through betting.  This cannot be compared to bets on politics where the the will of the people are not done in most cases which has has made many to physically and emotionally withdraw themselves from politics and everything relating to it.
Betting on politics is not as exciting as sports betting, infact many people especially in underdeveloped and developing countries are not happy with the situations in their countries and will never waste their money betting on anyone to win or lose.

[Aanuoluwatofunmi]

   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.

Nice idea, but if we are going to consider this aspect as a topic for consideration and extensive discussions, then we may have to use some certain examples in other to be able to understand more about the details on such political activities in that countries plus those involved in it, though am still reasoning the same with you on the possibility on how we are going to engage in making discussions without siting examples of those involved, well, this should be more of a thread that talks about betting in political affairs and not the political discussions in proper.

[uneng]

I don't think we can gain anything from political events betting because there are survey companies that can accurately predict who will win in elections, in our country alone all those who voted in positions have been forecast accurately by the survey companies, they can do that because they have a system in place that can monitor the pulse of the voting masses.

On Sports betting, it is performance-based, while in political events, it's the issues and the agenda that will make the candidates win, not his past performances and reputation; upsets are so rare in political events.

Surveys are hired by the media or by the candidates themselves to encourage the public to believe a determined tendency is taking place in the national scenario, which is interesting for the party sponsoring the survey. Moreover, most of surveys nowadays in presidential elections indicate very tiny margins between the two first candidates (something like 51% - 49% or 52% - 48%).

It indicates a technical tie, and makes the bets even more interesting regards such political events. It's just not possible to bet in politics at countries where the government completely manipulates the election's outcomes, which is the case of dictatorships. Then it really doesn't make sense to place bets and I don't even know if it's possible.

But regards USA, it's an interesting event for gamblers, because elections there are always pretty polarized, so there is always a profit opportunity available for the ones seeking to risk their luck.