Betting on Politics
Do People Really Bet on Politics?
Yes! And, it's much more popular than many people assume it to be. The world of political betting is an increasingly large one, with sportsbooks around the world adding political betting markets to their repertoire. Even just a few years back political betting was more niche than it is today, but as politics become more and more sensational, you can bet that the wagers will continue to increase.
How Does it Work?
Since political betting does differ from betting on other sports, you can expect to see fewer types of bets available. Moneyline bets and straight up bets are going to be what you see the most often, thanks to the nature of the market. Predicting the popularity of a particular candidate is not as straightforward as one may think, with a number of hard-to-predict factors in the mix, such as scandal or death. Making the right bet may take some research, but there is money to be made there.