Betting on political events

[Fortify]

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.

It seems like a perfectly normal thing to take bets on, you're just betting that you are better at calculating probabilities than the bookmaker. There is a possibility of rigging, like any sports fixture, but there is probably a higher risk of it in certain situations. It seems like certain political bets, like when at election will take place, are more susceptible as you can see in the UK with even MPs with insider knowledge abusing that information. However the outcome of actual events like who will be the president or prime minister are less predictable, as politics has gotten increasingly volatile in previous years.

[satscraper]

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.

Agreed. And I would add, we should avoid such kind of betting firstly, because politics is a stinky  stuff. And secondly, because only degenerate gamblers would bet on on the sake of betting. I think, most users on this forum are not in such class and belong to intelligent people.

Betting on local political events here  would turn into the brawl over political stance.

[crwth]

I remember in the gambling site that there is a voting with the presidential results. It was when DirectBet IIRC when They have that option. I think it’s not that much of a problem to bet on it, but it’s kinda worrisome on Where this is going or something. Like what is next?

[Strongkored]

In political betting it is only popular countries like the US, Russia, UK and Canada, that most gamblers from other countries can perticipate in. People don't put so much interest in political affairs and elections of unpopular and small countries, you can liken this to unpopular leagues around the world, it's only the gamblers in those country that'll knows anything about their league. It's ok to have a discussion thread and gambling for political bets but I believe that the focus will majorly be on the popular countries.

As far as I remember, I only bet on politics event once, namely on the United States presidential election a few years ago, and it was a pretty heated election so it attracted a lot of international attention and also bettors and I remember there were bookmakers who processed players' winnings even though there were disputes but there were bookies who choose to wait for the outcome of the dispute, so you are right that political betting is only interesting in big countries and also when the campaign until the election is running quite hot, after that I no longer bet on the United States presidential election because the last election was some time ago it's not running as hot as before so it's not as interesting, and yes the citizens of those countries will understand better what's going on during campaigns and elections and foreigners who bet are often just based on likes or dislikes or seeing which odds win and there's no emotion involved in it besides the feeling of wanting to win the bet.

[Kakmakr]

This might be a great idea, if it was not for the predictability of the outcome of these events.

In most countries, elections are dominated by dictators or corrupt politicians, so you know the outcome of the elections, before it will happen.

What will happen, when no political party gets the majority vote and coalition governments must be formed to govern the country? (Like what happened in South Africa in the last election?)

[bering]

The thing that I dont like about betting on political events, that it rare case if something unexpceted could happen. When we see two opponents during president election, it is a high chance that everyone already know or understand who is going to win. This is especially obvious for those who live in that country. As well as there is a high chance of inside information to be, before official announcements are made.

Betting on political event usually predictable because i was often to see the strong candidates will always be the winner of the election and i have seen several thread who discuss about betting on political event and it was United States presidential election because for political event usually people only pay attention and curious want to know who is the next president of United States so that's why people has starting to discuss about this event but indeed currently not many gambling sites who provided to betting for political event and i am not sure why they did that because probably political event only available at certain times so it never happens every day maybe that's why some of gambling sites has decided to ruled out about this event and for me betting for political event such as president election would be very good because people can know who is the next president but indeed some people didn't interested and more prefer to betting on sport betting instead of this event

[justdimin]

In political betting it is only popular countries like the US, Russia, UK and Canada, that most gamblers from other countries can perticipate in. People don't put so much interest in political affairs and elections of unpopular and small countries, you can liken this to unpopular leagues around the world, it's only the gamblers in those country that'll knows anything about their league. It's ok to have a discussion thread and gambling for political bets but I believe that the focus will majorly be on the popular countries.

That might be true when it comes to wagering amounts, of course USA will get the most wagered amount when it comes to political betting, but if we are talking about availability then every nation can be found in most places. It's quite easy, you could think of the smallest nation you can, and if there is an election of it, you can google where to bet and can find a place to bet it, if there is money to be made from it then casinos will add anyway.

I have seen nations with less than 10 million population get election betting, it just happens. I believe that we are going to end up with a good result one way or another, we just need to make sure that we know what we are talking about because if we bet differently, then we need information on the subject.

[aylabadia05]

<snip>

Gambling and politics are somewhat alike. The issue is that many of us think politics is compulsorily about countries, the presidents, kings, queens, mayors… but that’s completely a lie. Politics exists in nearly every aspect of our daily lives. It is present in our workplace, in our social circle, and even in our families. Whether people are making decisions there’s always a form of politics at play, maneuvering and negotiating for positions, advantages, and outcomes.

In one simple sentence; there’s politics in sports and other sector where you gamble.

Eating requires politics. Sleeping requires politics. Asking for marriage requires politics. Driving requires politics. Going to a bar also requires politics. You are explaining the definition and meaning of politics. You might as well lump politics in with trading because it's also similar.

If so, putting all of that into betting is also possible.

[Jating]

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.

It seems like a perfectly normal thing to take bets on, you're just betting that you are better at calculating probabilities than the bookmaker. There is a possibility of rigging, like any sports fixture, but there is probably a higher risk of it in certain situations. It seems like certain political bets, like when at election will take place, are more susceptible as you can see in the UK with even MPs with insider knowledge abusing that information. However the outcome of actual events like who will be the president or prime minister are less predictable, as politics has gotten increasingly volatile in previous years.

It's possible that rigging an election specially in countries that are authoritative or at least still run by dictators and so it's really hard to bet on them. No offense, but I don't like to bet on this kind of political events. Yes, you could make money, but I'm more into sports betting and real sports.

Anyway, I guess we will not run short of this kind of betting and there could be websites that are going to offer this kind. And there are a lot of political events that are going to happen or everything that involved world events.

[Dr.Bitcoin_Strange]

Yeah, it is a good idea, but on a second thought, I think if this thread is used as a singular thread for every political gambling activity, not everyone might be able to keep up with every activity that is being brought by another user because the thread will grow long and not everyone can read from the first page to a 10-page thread. For example, if this thread grows to 20 pages and there have been different gambling political news in different countries that have been discussed there, some people will miss the update because they can't go back to start reading from pages 1–10, respectively. In my opinion, members can create their own thread separately for every political and non-sport gambling activity. If such threads are numerous here (like 1k–2k) and they are already helpful, it can be reported for a subboard to be created.

Yeah, a single thread not being enough for every non-sport-related thread but I think there is no need for a subboard for that because we don't see a lot of non-sport events being discussed here usually because there aren't a lot of no-sport events where one can make a bet other than political events that take place after years.

If there is an event that has the possibility and on which gamblers can place bets, people should feel free to start threads regarding those events and I'm sure those threads will get attention if there are more people in the community also interested in those events. Even if there aren't a lot of interested people, there will still be some discussion about the events if there are threads created.

Yeah, I know that currently there is no much post about non-sports gambling activities and there is no need for a sub-board right now but I don't also agree that one thread should only be dedicated for such discussion. If everyone who come across such activities discuss it on their individual thread and it gives rise to lots of topics about such activities,  then the admin might have a need for sub-board creation but until there are thousands of topics on such activities, there is no need for a sub board.

[Casdinyard]

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.

I think there's a case to be had regarding this matter. Are you part of the election as a candidate and then you're found to be making bets on who's going to win in the election? That's going to suck cause now you just did some transgression that would lead to you getting pulled out of the candidacy and the run, are you a commoner who wants to make some quick cash out of the whole ordeal by betting on the candidate that you're gonna vote for anyway? By all means, do so.

I think the US has a lot of leeway when it comes to electoral/political betting, since it doesn't necessarily undermine the integrity of the election itself in any way whatsoever, but I personally understand why other countries may be so strict with how they deal with this. Elections are kind of sacred in a way after all, cause it's a testament to how millions of people could unite towards a common goal.

[Assface16678]

I dont know that politic betting is a thing I mean who are interesting in bettin in those kind of betting, well for me there's nothing bad about that, its just that what is the fun in betting in a next political leader or authority I dont see it exciting or worth the time, maybe I just dont have interest in this kind of topic or talking about politics because in my country I donf believe or rely on the government as no matter who will run the country the situation will always be the same and worst its getting worst so I will never enjoy betting on that even if there will be a huge pot of money, and also this should be illegal in the online bettings because its not good to bet in that as it is a serious matter. Anyway, for those who are participating in topics here in the forum about politics, I hope you are not enjoying it too much, as I think it isn't enjoyable.

[lovesmayfamilis]

It’s funny that the topic of political events has successfully existed on the fifth page of the gambling section. But it seems to me that in gambling, there is a fairer game than on the political carpet. We would rather win a big prize at roulette than find out who the puppeteers of America want to appoint as the next president.

[KTChampions]

In other betting systems when a gambler places a bet there may be a suspicion that the sporting event has been rigged or that match fixing or casino authorities are involved. But when betting on a country's elections, nobody knows who will win and who will lose. Moreover, the whole world looks at the elections of countries like America. So I will not call it bad if such type of gambling is arranged. By this gambling we can get the real excitement worldwide. Moreover, there is no opportunity to manage such bet throughout the year.

  This is probably the funniest thing I've heard about elections and betting. If we compare elections and betting in terms of “purity”, then I will always prefer betting/casino because even taking into account the fact that there are fixed games, fraud, etc. it's still much fairer than elections. In garbage dump countries, elections don’t mean anything at all, and in civilized countries they are also not 100% pure, since there is always a “dominant” ideology and everyone else in the media space is marginalized. This cannot be called fair competition.

[FanEagle]

Betting on political event usually predictable because i was often to see the strong candidates will always be the winner of the election and i have seen several thread who discuss about betting on political event and it was United States presidential election because for political event usually people only pay attention and curious want to know who is the next president of United States so that's why people has starting to discuss about this event but indeed currently not many gambling sites who provided to betting for political event and i am not sure why they did that because probably political event only available at certain times so it never happens every day maybe that's why some of gambling sites has decided to ruled out about this event and for me betting for political event such as president election would be very good because people can know who is the next president but indeed some people didn't interested and more prefer to betting on sport betting instead of this event

That is not always the case, I know people think that odds and political polls mean something but we have seen them be wrong so many times before, today everyone seems like they are ok with the idea that Trump may win, at one point Trump was 1 to 5500 odds to be nominee for republican party, can you see the difference?

We are not always right, of course some of the bets are way too obvious, I feel like they are definitely the better approach and should be not a big deal at all, it is definitely what people see. I think we need to realize that we are going to see a lot of people who will get this USA election right because it's obvious, but then we are going to probably see whole new 2 people, and that won't be all that easy at all.

[Hispo]

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Right. I would even dare to say Elections are easier to predict than football matches and other sport events. It should be obvious because there is obviously more entropy and randomness in a match where there are a handful of people playing than the entropy one can find in elections.
I am afraid what you say about elections in the so-called third world countries is true, specially in small elections where the result can be easily manipulated by the ruling authorities to stay in power.
My country is a good example of it, I am afraid, there is a high chance our elections are purposeful manipulated for the powerful never to lose their grab on power, hence why you will never find a market to bet in the elections which take place here in Venezuela. If there no sense of legitimacy and fairness, there is no reason for bettors to have an stake on anything related to politics, better then just to stick to traditional sportbetting markets, than losing money to unfair conditions.

[m2017]

It’s funny that the topic of political events has successfully existed on the fifth page of the gambling section. But it seems to me that in gambling, there is a fairer game than on the political carpet. We would rather win a big prize at roulette than find out who the puppeteers of America want to appoint as the next president.

Well, I wouldn't compare the number of betting positions on roulette to a couple of American presidential candidates. For me, betting on the match between Arsenal and Manchester City and Biden or Trump as president is systemically no different.

Bets on political events are no different except for the letters in the betting column and therefore this direction will also be popularized. The more bets \ events offered, the more the bookmaker can win.

[Silberman]

I dont know that politic betting is a thing I mean who are interesting in bettin in those kind of betting, well for me there's nothing bad about that, its just that what is the fun in betting in a next political leader or authority I dont see it exciting or worth the time, maybe I just dont have interest in this kind of topic or talking about politics because in my country I donf believe or rely on the government as no matter who will run the country the situation will always be the same and worst its getting worst so I will never enjoy betting on that even if there will be a huge pot of money, and also this should be illegal in the online bettings because its not good to bet in that as it is a serious matter. Anyway, for those who are participating in topics here in the forum about politics, I hope you are not enjoying it too much, as I think it isn't enjoyable.

While I agree with your posture about not caring much about politics as for the most part things remain the same regardless of who gets elected, there are many people out there that are very passionate about this topic, so I can see why they could be interested on making that kind of bet, and when we add professional gamblers that do not shy away from any bet as long as they can obtain profits with it, we can easily explain why political bets are so popular nowadays.

[iv4n]

I went through the whole thread and there are a lot of interesting comments... but in the end, if there is a possibility for some prediction people will bet on it, whatever it is. It's simple, if there is a demand there will be a market for it.

Just as we have football/basketball/tennis/all kinds of fanatics, we also have political fanatics ready to support their candidate with their money. At the same time hoping for a profit, of course. So let them bet on it, and if you wish to participate you can also place a bet.

[Julien_Olynpic]

By the way, friends, what do you think are the bets on what political events we could discuss here? I mean, what specific political events are there in the world outside the US that bookmakers create betting lines on? We could also discuss the odds that bookmakers offer on various outcomes of various political events outside the United States. You know, here users have written a lot about the fact that political events in countries with dictatorial regimes, for example (on which bookmakers make lines) can be contractual/corrupt. However, I believe that this is all reflected by the coefficient. If the bookmaker is convinced of the victory of one or another candidate, for example, from the ruling party that has administrative resources, then the bookmaker will definitely reflect this in the odds.