Post
Topic
Board Gambling discussion
Re: Should gambling platforms avoid political events?
by
Cryptoprincess101
on 15/11/2024, 21:09:20 UTC
Do you think gambling platforms should avoid political events?

When we look at how many people bet on this US election, we can conclude how popular it is to bet on political events, especially when it comes to big countries. When interest is high, there must be a market for it.

Gambling platforms will not avoid political events when people are interested in betting on them. Is this right or wrong? I think it's OK to bet on politics, it's a competition and it's fine if some people want to bet on their favorites. We can say that it has gone to the next level when we look at the markets on Polymarket.

Gambling on political events is not problematic if the system is not manipulated. The US elections is one of the freest and fairest elections held in the globe so if gamblers wish to gamble on them, it's fine. It's just a bet on who will be the winner of the election, so it is basically a bet of luck since no one knows who will win. Just like gambling on sporting events, political events ought not to be ignored as part of gambling since it involves two candidates who wants to be elected to a public office and the voting results are determined by the voters who are eligible to vote for a candidate of their choice. Involving political events in the Poly market is not a bad idea, it is a contest between two people so it is expected that people can make predictions on them.