Prediction Markets for Political Betting - page 2.

avikz

legendary

Activity: 3080

Merit: 1500

Quote from: Supercrypt on October 26, 2018, 03:16:55 PM

I think it is too risky. Gambling should not be something that much emotionally invested in. We are voting for someone and than also gambling to hope that same person (or bet on the other person if you believe whoever wins) would win. Gambling should never be really based on politics or anything remotely emotionally invested thing. We are talking about having a person run a country for some years that would definitely make some part of a country really upset and sad which you expect them to also put gambling on top of that.

I guess we should keep it based on gambling casino games or if its sportsbook type thing than let it be just "sports"book and nothing further. Any real life decisions to be made should not become part of a gambling topic people would bet on.

I too agree with you but for the below mentioned betting scenario, I can bet my fortune against Trump!

https://www.betmoose.com/bet/will-trump-still-be-president-in-2019-3842

Trump is not going to make it to White House in 2019 again!

Supercrypt

legendary

Activity: 1554

Merit: 1054

I think it is too risky. Gambling should not be something that much emotionally invested in. We are voting for someone and than also gambling to hope that same person (or bet on the other person if you believe whoever wins) would win. Gambling should never be really based on politics or anything remotely emotionally invested thing. We are talking about having a person run a country for some years that would definitely make some part of a country really upset and sad which you expect them to also put gambling on top of that.

I guess we should keep it based on gambling casino games or if its sportsbook type thing than let it be just "sports"book and nothing further. Any real life decisions to be made should not become part of a gambling topic people would bet on.

Hydrogen

legendary

Activity: 2562

Merit: 1441

There are mainstream gambling sites like 5dimes.eu that accept bitcoin deposits and cater to US residents. (Just to give you another option and different perspective on things)

There used to be a bitcoin website that allowed users to create events to bet for or against but that site seems to have died awhile ago. A lot of attempts at being innovative or progressive in crypto that seemed like good ideas, for whatever reason, didn't pan out.

Having used bitcoin gambling sites since 2011 or 2012, there have definitely been a lot of them that folded. It could be #worth it to stick to tested and tried sites that have been in operation for awhile.

OneHash

legendary

Activity: 1678

Merit: 1011

OneHash.com - Bitcoin Casino

Morning!

Thank you for brining us into the subject. As mentioned, OneHash offers the political (and events in general) betting options.

Since we operate as a mutual betting, the odds can change over time, but the trends make them more attractive than in regular bookies most of the time.
Also, the experience shows us, that if 1 big player comes in, he brings others to the table who want to bet with/against him

Trump-Clinton 26.5 BTC in pool https://www.onehash.com/event/special_events/usa_presidential_election_2016/12867

Are there any events you'd like to see and bet on? Write in this thread or click "suggest event" on our website.

Good day and big wins!
Eric from OneHash

adaseb

legendary

Activity: 3808

Merit: 1723

Up to 300% + 200 FS deposit bonuses

Basically depending on what type of political betting it is, there will be many options as the time gets near.

I remember during the Hilliary and Trump election, the forum was filled with people wanting to take private bets and people wanting to act as escrow for these dealings. That and there was almost a bunch of crypto and non-crypto betting website which were playing the odds on who would win.

If you actually bet on Trump the day prior or the hours leading up to his victory, you had a good risk/reward ratio because I remember at the time, Hilliary was in the lead and most people were betting on her. However we all saw what quick turn that took.

I also remember that the markets went crazy when Trump won the election. Mostly the Crypto markets were dead but all of a sudden the forex and stock indicies went crazy, and I basically could tell right then and there who won.

IveBeenBit

sr. member

Activity: 449

Merit: 250

Thanks for the replies. I wound up putting in a bet on BetMoose because they had the volume to handle my wager.

On One Hash, the volume was so low, that my bet would crush their odds.

Nitrogen only had bets on US Senate Races, which I am not interested in.

Good luck, everyone!

leowonderful

legendary

Activity: 1624

Merit: 1130

Bitcoin FTW!

I know OneHash provides a place for political betting, but volume on the site seems pretty low currently as well as historically; I'm pretty sure betmoose is much more popular than onehash for political betting, as I recall the volume was relatively high during the last American election.

OneHash has a relatively long Bitcointalk thread, and the account for OneHash is actually in the green for DT trust, so there aren't any major issues with the site. Generally speaking, most crypto gambling sites have a thread somewhere in the Gambling section, and you'll be able to find any positive or negative reports there. I use the format "(Site Name) Bitcointalk" on google, and I can usually find a main thread for the site in question using this.

avikz

legendary

Activity: 3080

Merit: 1500

Apart from the above mentioned website, I know one more website that accepts bitcoins for betting on literally anything in the world. I have seen few politics related betting options as well in that website,

https://www.betmoose.com/

Betting link of US presidential election: https://www.betmoose.com/bet/will-trump-still-be-president-in-2019-3842

Hope this helps!

Mirae

member

Activity: 416

Merit: 27

Quote from: IveBeenBit on October 24, 2018, 02:31:34 PM

I would like to bet on the mid-term elections in the USA. Are there any long-running legit prediction markets that are somewhat liquid where I can do this?

I haven't paid attention to the Bitcoin gambling space for a while, so I am out of touch with the scene. How can I vet the site that I bet on? There seem to be a few Bitcoin betting review sites, but they all have affiliate links, so it looks like they will shill for just about anyone that gives them an affiliate deal.

this is the only one i am aware of right now
https://nitrogensports.eu/sport/specials/us-midterm-elections
Nitrogensports in itself is very trusted and always pays out

and then theres
https://www.onehash.com/category/special_events/politics
but their betting is mutual, so that means the odds change depending on peoples bets there

IveBeenBit

sr. member

Activity: 449

Merit: 250

I would like to bet on the mid-term elections in the USA. Are there any long-running legit prediction markets that are somewhat liquid where I can do this?

I haven't paid attention to the Bitcoin gambling space for a while, so I am out of touch with the scene. How can I vet the site that I bet on? There seem to be a few Bitcoin betting review sites, but they all have affiliate links, so it looks like they will shill for just about anyone that gives them an affiliate deal.

Topic: Prediction Markets for Political Betting - page 2. (Read 364 times)