![]() The role of data and social context in the accuracy of political betting marketsīy analyzing the data available, bettors can make predictions on the outcome of an election or referendum. They are based on various factors, including opinion polls, exit polls, and news reports. They involve placing bets on who will win or come in second place in the election and whether certain policies will be passed or rejected. Political betting markets predict the outcome of an election, referendum, or another political event. Thus, in political bets, you can not only bet on a party but also on the percentage of votes and the number of seats it will win. Due to the great interest that the general elections arouse and the number of people willing to support one party or another, bookmakers have seen a potential market in this event and have decided to open the market. ![]()
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