A few years ago, betting on political events, polities and election was no more than a bit of a laugh. How things have changed, Bookmakers now report big numbers on elections betting and other political specials, with millions of Pounds flowing into these markets, typically in the latter stages leading up to am election.
Political betting markets have expanded significantly and bookmakers now offer odds right down to individual constituencies. The typical bets like number of seats each party will win and the overall election results are the most popular. In Britain, some of the very active markets also include leadership, i.e. the race for conservative, liberal democrat and labour leadership with odds being offered on all the candidates.
Some UK bookmakers cover elections from all over the world, and will also post odds on specific political events. Bets such as whether a politician will or will not service after being involved in some sort of controversy are also prevalent.
This political and elections betting section of Gambling Kingz will be updated regularly.