Making bets has been a past time for those around the world since the beginning of time. Most specifically, wagering on politics dates back to the 18th century. This year will be no different when it comes down to the USA Presidential election. With two powerful people running, it is sure to draw a big crowd at the polls as well as on the betting sites.
The most comparable event in recent history is Brexit, this was an occurrence that drew more wagering players than any other, ever. With the stakes as high as they are, there’s no doubt that the USA Presidential race will outnumber the bets placed on Brexit. Part of the reason for the projections is due to Donald J. Trump being in the race. The man is unpredictable and we just really don’t know what he’ll say or do next. People are tracking and following this election far more closely than any other in history and because of the increased media coverage, we’ll see more bets being placed.
Some might wonder, how does betting on politics actually work? There’s your standard “who will win the election” bet. Beyond that, there is so much more available. Bettors can choose to wager on so many different things. There are bets being made upon whether or not Mr. Trump will call his opponent “Crooked Hillary” or whether she will come back and call his followers “Deplorables.” For those who like a bit more light-hearted fun, there are bets being placed upon what color Donald J. Trump will choose for his tie. These types of bets are not only fun to place but they allow people of all ages to come together and to have fun with an event that is hard to avoid anyway.
Even without the candidates that we have now, betting on politics is a form of entertainment that has grown in popularity every year. There are several reasons as to why this is something exciting for those of all age groups. These days, there is more news coverage for the big events which keeps everyone involved. Social media is also a big contributor, players can follow what is going on with the election without having to actually watch the news. Since the Brexit events took place, more are interested in betting online which serves as a turning point for online betting.