Betting on political events

[Viscore]

Nowadays, there are many sportsbooks that provide betting on politics such as CoinRoyale,
https://coinroyale.com/sports/politics/2024_us_president/free

After last week assassination attempt, the odds for Trump can still be said to be quite big (1.44x) and will probably drop to 1.3x ish ahead of the election.
It seems better to bet from now on if you are sure that Trump will win the election.

Once it is announced that Biden will be replaced (few doubt that this will happen), quotes for Trump’s victory may become more profitable. Against Biden, his victory is obvious, and if there was a guarantee that Biden would be nominated, it would be worth making a bet right now, but the Democrats can make a replacement and make noise/PR that supposedly another candidate (Kamala Harris) has a chance.

I don't think that would have a big impact on the odds of Trump. In my opinion, he will still be listed as the heavy favorite to win, and that failed assassination puts a positive impact on his supporters and could probably attract new supporters as that news is hard to forget. It will get the sympathy of the people, so they will vote for Trump. It's too late; changes won't improve their chance of winning as Trump is already destined to win his second term as president.

[Marvelockg]

Honestly, this is the first time I’ve heard about this, but I like the idea, it’s quite good, interesting and not ordinary. I think that there may be a very high demand for political events. I find these events no less interesting than sports ones. If I had to place a bet, I would bet on Trump’s victory in the upcoming elections and on the fact that Zelensky, before the end of the war, will be made to blame for all the ills of humanity.

I guess I have seen this somewhere. May be it was on freebitco.in but I never placed a bet on such an event.
Although I think this is a good idea ofcourse, I'll surely try my luck the next time I see such an event.

The unpredictability of political events is something you can't joke with and placing a bet in favour of a political party to win even at the state or federal government level in my country would almost appear as dashing my money out cause it's very deficult to predict who will win since they can easily rigg the election at the zero zero hour. This recent steping down of Biden in an unexpected manner is one that goes on to show that voting on a political event is not for the weak. One would have seen from the way things are going that Trump stood a better chance of winning at the election but would never predicted these kind of events that played out so fast and before you even know it Biden is out of the way. In my country, even after an election has been conducted and a winner has emerged, it takes months of court cases and sometimes might even take up to a year before the whole court cases will be done with and a final winner will be announced. You could win at the pole and the court decision end up going against you which makes it too deficult to predict such kind of event.

[alani123]

I think crypto bookies fall a bit behind in terms of real life events. Politics, competitions, TV etc all have a lot of viewership and all of these things are provided with many gambling options from the odds providers. Ofc crypto bookies take their odds from third parties too, but they just don't care enough to offer more markets for politics. In my opinion this is weird.

Why do they have only an outright market for the presidential election in the US and nothing more?

Would be good to bet on vice president picks too. Also which third party gets the most votes etc. There's so many months for the presidential outright to be determined so ofc there's going to be low interest. Introducing more markets would spice things up a little bit.

[danherbias07]

   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.

This is very exciting mate, I've never heard before betting on this kind of topics on political issues around the world. It would be better if the events on politics will be participated by world leaders, which fun to witness all over time. Hopefully we will see a mock up betting experiment that would probably make people with brilliant perspectives, though others may think not necessary but who knows it will cause a future hype in gambling.

Well you are not alone on this thought because it was actually in this forum that I got to hear that gamblers can actually make bet on political events like the US ELECTION which of course was a surprise and if you ask me I think it's starting to blend through all the casinos too considering the huge amount of audience that actually do bet on these events I can boldly say it's definitely not a hype anymore as it's a trend now and will be fused to the gambling industry at large..

It's a big trend now because of what is happening in the US election but the past ones are not that hyped. It's Donald Trump who makes it happen.
You can actually still make x1.50 if you bet for the favorite now which I think is a steal. Trump had been in the frontpage for a month now if I am correct and the assassination also boosted his campaign. Those who tried to kill him might have done something wrong this time.

https://stake.games/sports/outright/politics-entertainment/politics/us-presidential-election-2024/41683725-us-presidential-election-2020
Truly, political gambling is intense right now and I think many gamblers have already set their picks. I mean, Trump is going to win this and the odds are already telling it. It's just up to us if we want to take the bet even if we are not voting for him.

[hedgeh0g]

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.

Political betting on US elections is, in my opinion, the same as regular sports betting. Of course they differ in character, but the main features are that it involves a lot of money and a lot of unpredictability. As for me, I will not place this bet because I do not feel that I have an advantage and the odds are not very good for me. Various things such as the recent incident with Donald Trump and the shooter have shown how much things can change in a moment. The same applies to Joe Biden, who dropped out of the presidential race yesterday. Perhaps the events that are yet to happen are not over yet and no one suspects what else we will see until the fall of 2024. I even thought that this had more uncertainty than a football match.

[Dr.Bitcoin_Strange]

I don't think I have come across any casinos that permit gambling on political events. In my country, our casino doesn't have such a bet, but if there's any opportunity for me to bet on the current US presidential election, I will also go with your option of betting on Donald Trump because I believe that he is the candidate that is going to win the election too.

After last week assassination attempt, the odds for Trump can still be said to be quite big (1.44x) and will probably drop to 1.3x ish ahead of the election.
It seems better to bet from now on if you are sure that Trump will win the election.

Yes, the odds are still big, but as the election approaches and as the chance of Trum winning the election continues to increase, I know the odds will reduce. I am not very sure that Trump is going to win the election, but I know he has a high chance. Maybe I will try and place the bet on Trum, Stake casino is also offering the bet not just coinRoyale.

[rachael9385]

I don't think I have come across any casinos that permit gambling on political events. In my country, our casino doesn't have such a bet, but if there's any opportunity for me to bet on the current US presidential election, I will also go with your option of betting on Donald Trump because I believe that he is the candidate that is going to win the election too.

After last week assassination attempt, the odds for Trump can still be said to be quite big (1.44x) and will probably drop to 1.3x ish ahead of the election.
It seems better to bet from now on if you are sure that Trump will win the election.

Yes, the odds are still big, but as the election approaches and as the chance of Trum winning the election continues to increase, I know the odds will reduce. I am not very sure that Trump is going to win the election, but I know he has a high chance. Maybe I will try and place the bet on Trum, Stake casino is also offering the bet not just coin Royal.

Well, fur Trump to lose the election is a big odd because they know that Trump is a well known man and many Bitcoiners will vote him. So the odd of him losing will be big in other to attract some greedy gamblers that might not support him. However I am not quite sure about the result but I predicted Trump to win.

[KTChampions]

Once it is announced that Biden will be replaced (few doubt that this will happen), quotes for Trump’s victory may become more profitable. Against Biden, his victory is obvious, and if there was a guarantee that Biden would be nominated, it would be worth making a bet right now, but the Democrats can make a replacement and make noise/PR that supposedly another candidate (Kamala Harris) has a chance.

I don't think that would have a big impact on the odds of Trump. In my opinion, he will still be listed as the heavy favorite to win, and that failed assassination puts a positive impact on his supporters and could probably attract new supporters as that news is hard to forget. It will get the sympathy of the people, so they will vote for Trump. It's too late; changes won't improve their chance of winning as Trump is already destined to win his second term as president.

Yes, to my surprise, after Biden withdrew his candidacy, the quotes practically did not change, apparently this move was already included in the quotes in advance and everyone was waiting for Biden to make a decision. However, despite all the circumstances that favor Trump, the quotes are still very profitable and lie in the range of 1.44-1.50. I wonder why that is? Only because the United States has a special electoral system and the majority of votes does not always determine the winner, but also their distribution among states matters.

[passwordnow]

Truly, political gambling is intense right now and I think many gamblers have already set their picks. I mean, Trump is going to win this and the odds are already telling it. It's just up to us if we want to take the bet even if we are not voting for him.

That's true, USA politics is intense and it's even easier today that Joe Biden has already passed his torch to Kamala Harris. Stake's odd for Trump is a clear indication that we know who's about to win and this isn't just for the odds but for the entire world to see. With the Trump's attempt to be assasinated, whoever ployed that just gave him the edge to be liked more by the people. Not just by the Americans but the other countries as well that are following their election period. Less than four months to go until the election come and while others are suggesting that it's still possible for Michelle Obama to get in, IMO, the chance is there but she's not going to have a better chance of winning compared to Kamala and even Biden.

[Fivestar4everMVP]

Truly, political gambling is intense right now and I think many gamblers have already set their picks. I mean, Trump is going to win this and the odds are already telling it. It's just up to us if we want to take the bet even if we are not voting for him.

That's true, USA politics is intense and it's even easier today that Joe Biden has already passed his torch to Kamala Harris. Stake's odd for Trump is a clear indication that we know who's about to win and this isn't just for the odds but for the entire world to see. With the Trump's attempt to be assasinated, whoever ployed that just gave him the edge to be liked more by the people. Not just by the Americans but the other countries as well that are following their election period. Less than four months to go until the election come and while others are suggesting that it's still possible for Michelle Obama to get in, IMO, the chance is there but she's not going to have a better chance of winning compared to Kamala and even Biden.

I completely agree with you bud, I am not an expert in elections or political matters, and I've not really paid attention to ongoing debated in the US concerning their forth coming presidential election, but personally, it's just as you have said it, whoever plotted that assassination attempt on trump made a huge mistake, he or she succeeded in given Trump the better length of the rope.

And concerning other matters that followed, like Biden announcing that he is dropping from the presidencial race, i understand that he's been replaced by kamala, and as for those who had previously put their bet in Biden to win, I want to believe that their bet will be shifted to kamala Harris now,  am I right?
Sorry if this is something that has been discussed before, I possibly missed it.

[Marvell1]

Truly, political gambling is intense right now and I think many gamblers have already set their picks. I mean, Trump is going to win this and the odds are already telling it. It's just up to us if we want to take the bet even if we are not voting for him.

That's true, USA politics is intense and it's even easier today that Joe Biden has already passed his torch to Kamala Harris. Stake's odd for Trump is a clear indication that we know who's about to win and this isn't just for the odds but for the entire world to see. With the Trump's attempt to be assasinated, whoever ployed that just gave him the edge to be liked more by the people. Not just by the Americans but the other countries as well that are following their election period. Less than four months to go until the election come and while others are suggesting that it's still possible for Michelle Obama to get in, IMO, the chance is there but she's not going to have a better chance of winning compared to Kamala and even Biden.

I completely agree with you bud, I am not an expert in elections or political matters, and I've not really paid attention to ongoing debated in the US concerning their forth coming presidential election, but personally, it's just as you have said it, whoever plotted that assassination attempt on trump made a huge mistake, he or she succeeded in given Trump the better length of the rope.

And concerning other matters that followed, like Biden announcing that he is dropping from the presidencial race, i understand that he's been replaced by kamala, and as for those who had previously put their bet in Biden to win, I want to believe that their bet will be shifted to kamala Harris now,  am I right?
Sorry if this is something that has been discussed before, I possibly missed it.

Well, the Odds regarding the US election are leaning more towards Trump than Democratic candidate Joe Biden, even though Kamala could replace Joe Biden. Mr. Trump significantly surpassed Mr. Biden, showing that it will be an anxious night for Mr. Biden's party. Trump's odds of victory are increasing day by day. And I will not miss this betting opportunity, I will bet by indirectly buying bitcoin to accumulate before this election result. Because Trump is a supporter of the cryptocurrency market. If Trump wins, I believe the cryptocurrency market will be like a roller coaster.

[Dr.Bitcoin_Strange]

I don't think I have come across any casinos that permit gambling on political events. In my country, our casino doesn't have such a bet, but if there's any opportunity for me to bet on the current US presidential election, I will also go with your option of betting on Donald Trump because I believe that he is the candidate that is going to win the election too.

After last week assassination attempt, the odds for Trump can still be said to be quite big (1.44x) and will probably drop to 1.3x ish ahead of the election.
It seems better to bet from now on if you are sure that Trump will win the election.

Yes, the odds are still big, but as the election approaches and as the chance of Trum winning the election continues to increase, I know the odds will reduce. I am not very sure that Trump is going to win the election, but I know he has a high chance. Maybe I will try and place the bet on Trum, Stake casino is also offering the bet not just coin Royal.

Well, fur Trump to lose the election is a big odd because they know that Trump is a well known man and many Bitcoiners will vote him. So the odd of him losing will be big in other to attract some greedy gamblers that might not support him. However I am not quite sure about the result but I predicted Trump to win.

Lol, even in sports games, when the chance of losing a game is high for a club, the bookmarks raise the odd high so that risk-takers can actually try luck. It will be seen as greed when the gambler already measures the possibility of the team losing and notices that they have a high chance of losing but still goes ahead to stake on the big odd.

@rachael9385, If you love betting on political events, then you can bet on Trum to win, just saying tho, it's not an advice.[ur=]https://stake.games/sports/outright/politics-entertainment/politics/us-presidential-election-2024/41683725-us-presidential-election-2020]Take a look. [/url]

[passwordnow]

Truly, political gambling is intense right now and I think many gamblers have already set their picks. I mean, Trump is going to win this and the odds are already telling it. It's just up to us if we want to take the bet even if we are not voting for him.

That's true, USA politics is intense and it's even easier today that Joe Biden has already passed his torch to Kamala Harris. Stake's odd for Trump is a clear indication that we know who's about to win and this isn't just for the odds but for the entire world to see. With the Trump's attempt to be assasinated, whoever ployed that just gave him the edge to be liked more by the people. Not just by the Americans but the other countries as well that are following their election period. Less than four months to go until the election come and while others are suggesting that it's still possible for Michelle Obama to get in, IMO, the chance is there but she's not going to have a better chance of winning compared to Kamala and even Biden.

I completely agree with you bud, I am not an expert in elections or political matters, and I've not really paid attention to ongoing debated in the US concerning their forth coming presidential election, but personally, it's just as you have said it, whoever plotted that assassination attempt on trump made a huge mistake, he or she succeeded in given Trump the better length of the rope.

I am not an expert as well nor a follower of those debates. But with big news like what we're talking about, the entire world listens. So, that really escalated quickly just after that attempt and was follow with Biden's concession.

And concerning other matters that followed, like Biden announcing that he is dropping from the presidencial race, i understand that he's been replaced by kamala, and as for those who had previously put their bet in Biden to win, I want to believe that their bet will be shifted to kamala Harris now,  am I right?
Sorry if this is something that has been discussed before, I possibly missed it.

We're not yet sure with that but it's most likely that it won't be shifted to Kamala just because Biden supports her on the race. But more likely it will be refunded to the bettors for them to recast their bets to another candidate that they'll choose. I don't know, maybe someone who has bet for Biden can actually tell their experience.

[Charles-Tim]

Lol, even in sports games, when the chance of losing a game is high for a club, the bookmarks raise the odd high so that risk-takers can actually try luck. It will be seen as greed when the gambler already measures the possibility of the team losing and notices that they have a high chance of losing but still goes ahead to stake on the big odd.

Maybe because we are into cryptocurrencies has been the reason that we are seeing all about Trump would win but according to what I have noticed, Trump will likely win Biden. But Biden is no more competing as he quit and said that it is for the interest if his party and America. Let us see who the next nominee from the Democrats would be but I think it would be Vice-President Kamala Harris.

[Mr. Magkaisa]

Nowadays, there are many sportsbooks that provide betting on politics such as CoinRoyale,
https://coinroyale.com/sports/politics/2024_us_president/free

After last week assassination attempt, the odds for Trump can still be said to be quite big (1.44x) and will probably drop to 1.3x ish ahead of the election.
It seems better to bet from now on if you are sure that Trump will win the election.

Once it is announced that Biden will be replaced (few doubt that this will happen), quotes for Trump’s victory may become more profitable. Against Biden, his victory is obvious, and if there was a guarantee that Biden would be nominated, it would be worth making a bet right now, but the Democrats can make a replacement and make noise/PR that supposedly another candidate (Kamala Harris) has a chance.

I don't think that would have a big impact on the odds of Trump. In my opinion, he will still be listed as the heavy favorite to win, and that failed assassination puts a positive impact on his supporters and could probably attract new supporters as that news is hard to forget. It will get the sympathy of the people, so they will vote for Trump. It's too late; changes won't improve their chance of winning as Trump is already destined to win his second term as president.

       -     Yes, you are right in what you said; the impact of trying to kill him was even better. Then I read many articles about Trump's plans and promises when he becomes president of the US.

And so probably crypto enthusiasts everywhere will surely vote for him because of the promise he made to make it about bitcoin, and that's one of those that Trump said he would add to the Treasury and even other funds.

[KTChampions]

~
And concerning other matters that followed, like Biden announcing that he is dropping from the presidencial race, i understand that he's been replaced by kamala, and as for those who had previously put their bet in Biden to win, I want to believe that their bet will be shifted to kamala Harris now,  am I right?
Sorry if this is something that has been discussed before, I possibly missed it.

I think this can be interpreted in two different ways:

1. The event (Biden’s participation in the election) did not take place, therefore all bets are canceled (money is returned to the bettors).

2. Biden didn't win the election = lost. The one who bet on him lost his bet.

The option that the bet on Biden will be changed to a bet on Harris simply does not exist - this is contrary to all the rules and common sense.

[ajiz138]

The option that the bet on Biden will be changed to a bet on Harris simply does not exist - this is contrary to all the rules and common sense.

The betting option on Biden is gone but Kamala Harris' name is visible with odds of 3.00 and Trump still has 1.44.

This means that with Biden's withdrawal appointing Kamala Harris with his statement of support, the bookmakers have changed the list of names but in terms of odds there seems to be no change that I know of.

[pawanjain]

I guess I have seen this somewhere. May be it was on freebitco.in but I never placed a bet on such an event.
Although I think this is a good idea ofcourse, I'll surely try my luck the next time I see such an event.

The unpredictability of political events is something you can't joke with and placing a bet in favour of a political party to win even at the state or federal government level in my country would almost appear as dashing my money out cause it's very deficult to predict who will win since they can easily rigg the election at the zero zero hour. This recent steping down of Biden in an unexpected manner is one that goes on to show that voting on a political event is not for the weak. One would have seen from the way things are going that Trump stood a better chance of winning at the election but would never predicted these kind of events that played out so fast and before you even know it Biden is out of the way. In my country, even after an election has been conducted and a winner has emerged, it takes months of court cases and sometimes might even take up to a year before the whole court cases will be done with and a final winner will be announced. You could win at the pole and the court decision end up going against you which makes it too deficult to predict such kind of event.

That is surely a conflict. In most countries the winner of the election results is the one who gets the seat.
Betting sites must be following the same approach as well otherwise who would be following such long court cases just for the bets.

[LUCKMCFLY]

Well, something must be highlighted, for two seasons of US presidencies in stake.com they have made bets of this style, I remember that when Trump won the first time there was uncertainty and yet in stake.com they did not hesitate to pay those who bet on him, now, the fact of discussing about the different political points without falling into "problems" or "fanaticisms" is good to discuss them, because from my own experience, I know of many people who even leave their friendship for politics and that is something that seems very primitive to me, if it is to Give the points of view in an educated and respectful way, I think the debate is very good.

I am seeing people leaving friendships behind over politics more often and this is really worrying, after all it is dumb not only to expect that everyone thinks the same about a particular topic, but to not be able to tolerate that someone has those thoughts and this reaches the point of breaking a friendship is ridiculous, which tells me they were not so good friends to begin with or that those people have been radicalized by politicians or both.

Yes, that is a fact, when things are about politics and religious thoughts I think we all have to hit the brakes when it comes to debating, because sometimes people are so radical in their ideals that they forget the most valuable thing, friendship, respect, for that reason I in no way like to get into political discussions, that is why when it comes to Politics I have Different opinions about the USA, and the current elections that are very Interesting because of the events , because my country is purely political and that politics is already Annoying and Tiring.

[Fiatless]

Yes, that is a fact, when things are about politics and religious thoughts I think we all have to hit the brakes when it comes to debating, because sometimes people are so radical in their ideals that they forget the most valuable thing, friendship, respect, for that reason I in no way like to get into political discussions, that is why when it comes to Politics I have Different opinions about the USA, and the current elections that are very Interesting because of the events , because my country is purely political and that politics is already Annoying and Tiring.

This radical view is mostly associated with religion. That's why there will never be any bet on religious activities in my country. Some radicals in my area lynch people because of mere words that they interpret as blasphemy. And they fail to practice love, sympathy, and empathy. You don't have the power to create humans then why do you harm or destroy what you cannot make? There has been some political violence in my country but people don't show much respect for political ideologies. Politics in my country is controlled by money and not ideologies. Anyway concerning the US elections, the result has become unpredictable since Joe Biden dropped out of the presidential race.