by Renee Israel
he British are known to enjoy betting on just about anything. While sport remains the most popular betting topic, Britons love their political bets.
They will bet on anything from which candidate will say "rubbish" first to what colour tie the Prime Minister will wear to an event.
Online betting sites continue to grow, as do their novelty bets. Topics such as the weather and film news are offered and sport remains the biggest money maker, but political topics are certainly a draw-card.
Currently at Paddy Power, customers can bet on a range of UK political topics including the year of the next election, the next Prime Minister, next to leave the Coalition Cabinet, the next Labour Party Leader, if there will be a referendum on the electoral reform result and plenty more.
If you plan to bet on the Government after the next election, you will find a Conservative Majority leading the odds with 6/4, followed by a Labour Majority at 15/8.
A Conservative Liberal Democrat Coalition will pay out at 7/2 while a Labour Liberal Democrat Coalition will pay out at 5/1.
As to whether Ed Miliband will survive 2011 as Labour Leader, you will be paid out at 1/6 for a yes vote and 7/2 for a no vote.
Irish politics appear as popular as UK politics with just as many topics for bettors to choose from.
You can pick your seats, pick your leader, pick your ministers and more.
Those who bet are expected to be far less interested in US politics with only a few topics to choose from.
These include next president, Republican presidential nominee, winning party and Democratic presidential nominee.