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Topic: Betting on political events - page 5. (Read 1414 times)

copper member
Activity: 2156
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Part of AOBT - English Translator to Indonesia
July 10, 2024, 08:14:42 AM
Betting on political events Yeah I also saw it too in other thread but I also see with my own eye that there is a bet about presidential election and some people say bet can go for an artist and other thing aswell.
I mean this is crazy how betting till hit almost everything hahha.

Back then before Indonesia had an election I saw an ads on instragram the bet sites is 1xbet I know this casino had bad reputation bad this site offer betting on Indonesia president election hhaha crazy right
legendary
Activity: 2912
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Blackjack.fun
July 09, 2024, 10:19:50 AM
If someone wants to gamble completely in unknown territory, here you have the perfect opportunity:




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.

Then, if you're so sure that in 3rd world countries, the elections are rigged, why not bet on the result?
It doesn't make sense if you're so sure the leaders are able to manipulate the outcome not being on that happening!

hero member
Activity: 2912
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Leading Crypto Sports Betting & Casino Platform
July 09, 2024, 01:00:08 AM
The results of a political election can be changed illegitimately, it is just that it is way harder to do, as on a sport match you only need to convince a few people to do this, however to change the result of a political election you will need hundreds of people working around the clock in order to achieve such a goal, so it is way more likely for one of those persons to talk and for such a thing to be discovered, this is the reason such a thing is way more rare, but it still can happen.
Yes, that is because those who have a political will use their power to change it as they wants. We can't knows who they are but they are trying to control the election without anyone knows. Although we don't knows who they are, we don't have to thinks much about that but we can still select the candidates that we choose.

Lets them like that because their power will not be forever. People will see what they do and if people doesn't like it, they will demo and do something to saves the government. You can place your bet for the political events for fun and not for making money because you have many choices you can do to bet. So you just thinks to spends some money to bet and not thinks with the outcomes.
legendary
Activity: 2562
Merit: 3477
July 08, 2024, 09:18:36 PM
Of course, politics is corrupt and political events are also corrupt in most cases. In addition, in many countries there is such a thing as lobbying. Lobbying is an almost legalized soft version of corruption. This is a situation where people with money begin to use their influence almost legally. On the other hand, and I have written this many times, corruption is not something that can prevent us from making money. Indeed, in many cases the outcome of a corrupt political event is highly predictable. True, the odds that bookmakers set for a highly probable event are unlikely to help us win a large amount.
legendary
Activity: 2534
Merit: 1338
July 08, 2024, 03:49:07 PM
This is a very interesting idea, I like it. Come to think of it, I would also bet on a political event than on the outcome of a roulette spin or a Dice game. You often read that politics is corrupt and elections are dishonest, which means betting on political events is pointless. I think that the factor of possible corruption should not at all prevent us from making a good bet. After all, we can use the corruption factor in our forecasts. Only I believe that this, oddly enough, does not make the event any more predictable. Bookmakers can simply adjust their odds.
There are many corruption in sports too, so there are no completely safe events out there.

If you like politics, then bet on politics.
If you like sports, then bet on sports.
If you like both of them, then bet on both.

For me, corruption in politics is rare to happen than in sports because people are forced to follow politics, while sports is only for people who're interested. Usually people who say there's a corruption in politics is people who votes the other candidate that lose.
The results of a political election can be changed illegitimately, it is just that it is way harder to do, as on a sport match you only need to convince a few people to do this, however to change the result of a political election you will need hundreds of people working around the clock in order to achieve such a goal, so it is way more likely for one of those persons to talk and for such a thing to be discovered, this is the reason such a thing is way more rare, but it still can happen.
hero member
Activity: 952
Merit: 662
July 06, 2024, 04:54:20 AM
This is a very interesting idea, I like it. Come to think of it, I would also bet on a political event than on the outcome of a roulette spin or a Dice game. You often read that politics is corrupt and elections are dishonest, which means betting on political events is pointless. I think that the factor of possible corruption should not at all prevent us from making a good bet. After all, we can use the corruption factor in our forecasts. Only I believe that this, oddly enough, does not make the event any more predictable. Bookmakers can simply adjust their odds.
There are many corruption in sports too, so there are no completely safe events out there.

If you like politics, then bet on politics.
If you like sports, then bet on sports.
If you like both of them, then bet on both.

For me, corruption in politics is rare to happen than in sports because people are forced to follow politics, while sports is only for people who're interested. Usually people who say there's a corruption in politics is people who votes the other candidate that lose.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
July 06, 2024, 02:23:59 AM
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.
i think it’s okay to be in the gambling section because even if we might talk about politics we are not exactly going to be arguing about politics. we will set aside our personal analysis about a politician or any political event and just decide what could possibly happen.
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.
i guess because politics is not exactly as entertaining as sports to other people as it is considered a more serious topic but we can still bet on it and earn some benefits imo
hero member
Activity: 980
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July 02, 2024, 02:18:22 AM

You're right and some people just don't get it that others might be interested in such things. What one of us may find boring, another person can talk about for hours. I've always found it  both interesting and easy to follow politics even though it's often irrational. For that reason I'd bet on politics because I like to watch debates and stuff and compare my views to the views of other people. When you cheer for someone and want that person to succeed, you're even more willing to bet some money on that person. Contrary to what some people here said, I'd rather bet on elections than on a dice roll.
Maybe that's true, my friend likes volleyball, he follows teams, goes to games and stuff like that, but he doesn't watch football, so you're right when you say that different people have different interests, so I wouldn't even be surprised what people are willing to do bets on elections, or other events that may be present in our lives. I don’t like politics, I hardly follow it, and I’m sure I wouldn’t bet on it.
legendary
Activity: 2562
Merit: 3477
July 01, 2024, 09:01:09 PM
This is a very interesting idea, I like it. Come to think of it, I would also bet on a political event than on the outcome of a roulette spin or a Dice game. You often read that politics is corrupt and elections are dishonest, which means betting on political events is pointless. I think that the factor of possible corruption should not at all prevent us from making a good bet. After all, we can use the corruption factor in our forecasts. Only I believe that this, oddly enough, does not make the event any more predictable. Bookmakers can simply adjust their odds.
legendary
Activity: 2184
Merit: 1302
July 01, 2024, 02:24:35 PM
Everyone likes a good bet. Even on politics. But betting on elections in places like Africa, its weird. What matters is people's lives, hopes, and futures, not who wins. These companies profit off people's emotions, which is wrong. It devalues everything.
It is always people's lives and hopes that matter, and the bets do not affect or hamper that, people who want to gamble on any elections should please do so, it has no business with the politics on ground; it is separate from it. The only thing that should stop you from placing such bets if you desire it, is if you are unable to find bookmakers who make it available in their platform.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
July 01, 2024, 02:20:16 PM
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.
I think that some people just want to see how things are happening, I mean if you can't do a thing about what happens to the state of the country, might as well have some fun with it. I think it's worth the fun to do it anyway, politics has always been the game after all, why not get involved with it in a way that you're going to have fun yourself.

You're right and some people just don't get it that others might be interested in such things. What one of us may find boring, another person can talk about for hours. I've always found it  both interesting and easy to follow politics even though it's often irrational. For that reason I'd bet on politics because I like to watch debates and stuff and compare my views to the views of other people. When you cheer for someone and want that person to succeed, you're even more willing to bet some money on that person. Contrary to what some people here said, I'd rather bet on elections than on a dice roll.
legendary
Activity: 2086
Merit: 1058
July 01, 2024, 02:04:51 PM
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.
I think that some people just want to see how things are happening, I mean if you can't do a thing about what happens to the state of the country, might as well have some fun with it. I think it's worth the fun to do it anyway, politics has always been the game after all, why not get involved with it in a way that you're going to have fun yourself.
On top of that, while politics could be corrupt, thinking that football isn't or any sport isn't would be naive. I have seen enough proof that refs, federations, clubs, players are all in on it sometimes and they do whatever they can to break the law or at least bend it. That way they make things change, and your bet that you should have won, turns out to be a loss because of them.

It means, corrupt politicians may make you hate them on regular day basis for the fact that they decide on your life, and footballers who make you lose a bet isn't a big deal for the nation, it's still same from gambling perspective. So if anyone is a gambler, I feel like they should consider that as normal and something they should have expected.
hero member
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Leading Crypto Sports Betting & Casino Platform
June 30, 2024, 12:10:53 PM
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.

I concur to what you said, personally individuals can bet on the likely outcome of elections but that should be on personal terms but bringing it out to the public is what I don't see as been necessary, although if bet companies chooses to do that fine, it is there choice and I believe that they will only do that to increase more options and make more revenue for themselves, looking at what you said, politics is very emotionally when it comes to the choice of whom to support in election.
Recently I come to understand that politics is a sentimental stuff and also a game of interest, so politicians, more exepcially African politicians are not after assuming office for a better rulership and once you criticize them or say things the manner they are to be, some people will counter you because of interest and that becomes a problem,  as for me even though such is added by bookies i wouldnt be interested in looking at the odd, talk more of making selections out of them.
Everyone likes a good bet. Even on politics. But betting on elections in places like Africa, its weird. What matters is people's lives, hopes, and futures, not who wins. These companies profit off people's emotions, which is wrong. It devalues everything.

Think about responsible gambling. Spread the word to think before betting. Politics is more than winning or losing money. Its serious business to steer a nation. Be careful, these companies. Act responsibly. Think beyond profits. Consider the big picture. A good businessman understands when to quit. Could be one of those occasions.
legendary
Activity: 1904
Merit: 1563
June 30, 2024, 04:56:17 AM
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.
I think that some people just want to see how things are happening, I mean if you can't do a thing about what happens to the state of the country, might as well have some fun with it. I think it's worth the fun to do it anyway, politics has always been the game after all, why not get involved with it in a way that you're going to have fun yourself.
sr. member
Activity: 434
Merit: 254
DAKE.GG - CASINO AND SLOTS | UP TO 230% BONUS
June 30, 2024, 04:03:17 AM
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.

I concur to what you said, personally individuals can bet on the likely outcome of elections but that should be on personal terms but bringing it out to the public is what I don't see as been necessary, although if bet companies chooses to do that fine, it is there choice and I believe that they will only do that to increase more options and make more revenue for themselves, looking at what you said, politics is very emotionally when it comes to the choice of whom to support in election.
Recently I come to understand that politics is a sentimental stuff and also a game of interest, so politicians, more exepcially African politicians are not after assuming office for a better rulership and once you criticize them or say things the manner they are to be, some people will counter you because of interest and that becomes a problem,  as for me even though such is added by bookies i wouldnt be interested in looking at the odd, talk more of making selections out of them.
legendary
Activity: 2562
Merit: 3477
June 30, 2024, 12:47:58 AM
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.
legendary
Activity: 3248
Merit: 1179
June 29, 2024, 02:17:38 PM
#99
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.
legendary
Activity: 2534
Merit: 1338
June 29, 2024, 01:48:39 PM
#98
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.
legendary
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Crypto Casino and Sportsbook
June 27, 2024, 01:06:50 PM
#97
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. Smiley 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.
legendary
Activity: 1162
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Leading Crypto Sports Betting & Casino Platform
June 27, 2024, 11:56:58 AM
#96

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.
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