People definitely always get the idea before elections that which party is going to win the game.
A very biased thing to say. How on earth can you possibly know which party will win when both of them have equal chances of winning? Not every country is corrupted and you may support one team does not necessarily mean that team will win.
But there is a huge lot of people who still are not aware of the games played by political party and if they bet on politics, may be they can give gambling some profit.
Yes, the bookies will be earning a good amount. Its like throwing stones in the dark and not similar to just any other EV+ game like sports betting where you have to do some research. So bookies have somewhat an advantage here.
But as you said, people do not find betting on politics interesting.
Looking at the number of bets on sports betting sites that the Trump VS Hillary poll was, I would say they are very interested.
I agree to these points and as said each country doesnt really have similarities from time to time when it comes to politics/government
matters where as said that you wouldnt even able to assure that the said part would definitely win because you had just saw that its
being supported by many? Its a big factor though but not an assurance thing for you to rely.
Betting on politics is somehow had higher risk rather than playing on typical sports bet.Bookies do tend to run up these list
because they know that they can heavily benefit from it and also interest of people on betting to these events is pretty high.