The Confusing World of British Political Betting

Unless you have a degree In politics, most people are baffled by Brexit. We’d never heard about a backstop or a customs union but now they are mentioned every day. That’s not the only complex part of the political process, even placing bets on the subject has become rather complicated. There are always markets on …

May’s Brexit Defeat Fails to Shift Betting Markets

UK Prime Minister Theresa May suffered a widely-predicted defeat in the Commons on Tuesday as her Brexit deal was voted down by a margin of 230. But the historic loss, which is one of the largest ever by a UK government, has not shifted the political betting markets.   432 MPs voted against the deal while only 202 …

Trump Impeachment Odds Increase as Government Shutdown Continues

As U.S. President Donald Trump stands firm on his demands for funding of the Mexican border wall, his forced shutdown of the U.S. Government continues into its 10th day. He has refused to sign any legislation regarding funding until Congress agrees to put forward a staggering $5 billion to fund the border wall project. The …

Bookmakers Arrested in Mumbai Raid 

Police have arrested 18 bookmakers who were alleged to be involved in illegal betting at the Mahalaxmi racecourse in Mumbai.   Mumbai police allege that the arrested men were involved in falsifying the amounts of bets made on horse races, leading to a potential loss of government revenue worth thousands of rupees.  The raids followed a tip off received by the deputy commissioner of police for Mumbai zone III, Abhinash Kumar, that some …