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Thursday, October 3, 2019

Betting on Non-Sporting Events

Although sports betting is the most popular type of betting, it is not the only form of wagering available. With increased competition, sportsbooks are trying to attract players by offering both bets on events indirectly related to sport or fully unrelated to it.
Betting on Politics
The second most popular field for bets is politics, especially when it comes to presidential elections. Thus, during elections in the U.S. in 2008, sportsbooks set Hillary Clinton as a favorite with a ratio of 5 to 1. However, politicians often become involved in more extravagant betting. So in 2005, one firm took bets on "What will happen with George Bush?" Among the options there were "his impeachment" (30 to 1), "he will grow a beard" (30 to 1), "he will participate in the recording of a music CD" (10 to 1). Most bookmakers saw Bush's divorce with his wife as the most unbelievable event (100 to 1).
Betting on Sports Politics
If your heart still gravitates to the sport, but you're tired of goals, points and minutes, you can easily bet on sports politics, such as "In which country will FIFA European Cup 2020 be held".
Other Non-Sporting Bets
A popular subject for betting is not only the results of the athletes but also their personal lives. So in case of divorce David and Victoria Beckham bookmakers will pay winnings at a rate of 4 to 1. And when the press rumors that Michael Schumacher's wife is going to increase bust size, the sportsbooks immediately start taking bets on "Whose wife among Formula 1 drivers will be the next who will increase her breast?" The smallest ratio is on the wife of Kimi Raikkonen (3 to 1).
Scientific Events
In an age of technological progress online bookmakers can't bypass scientific achievements and discoveries. The major bets falls on developments related to space. Here's the layout of bookmakers on "Will people land on Mars?" that was given in 2004:
* Yes, by December 31, 2010 - coefficient 101
* Yes, by December 31, 2015 - coefficient 31
* Yes, by December 31, 2025 - coefficient 6
Betting on the Weather
Even a person without betting experience would tell you that the weather forecast is a difficult and sometimes impossible task. And if so, there will always be bookmakers wishing to make a profit on people's divinations when it starts to rain or snow. In England and Ireland you can bet not only on the phenomena of nature but also on air temperature.
Can People Win on Non-Sporting Betting?
Those wishing to make money from non-sporting bets should follow the same recommendations as those who bet on sports events. It is advised to carefully collect and analyze relevant information. The main thing - do not rush to conclusions.

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