in some countries like mine where your prediction is right and after election, the winner is deprived of the position.it is very dangerous and violent to go gambling about it. so i don't do it at all.
This is one reason. I think betting in politics should be p2p, physical betting with neighbours .
How often do you bet on Politics? Any reason why most people don't really bet on Politics? Do you know any trusted betting site that offers good odds in American Politics?
I think politics is not an everyday, hour, minutes occurrence like games that are frequent. This is a major reason to me. Gamblers bet on happenings even if they are stage managed.