Nevada Senator's Political Gambling Bill Could Open a World of Gambling Options
Senator Richard "Tick" Segerblom is a fourth-generation Nevada politician. An aggressive Democrat, Segerblom has fought for the rights of the citizens of Nevada through numerous campaigns and self-initiated bills.
England Gambles on U.S. Elections
If Segerblom's bill passes, it will be the first such ruling in the states.Election gambling, however, is already an established, legal activity in other parts of the world. For years, the English have gained both pleasure and profit from betting on the outcome of American elections. PoliticalBetting.com is an English blog and political speculation site that, through thoughtful reporting and analysis, claims to help guide its readers through the vast world of political betting. Citizens of the U.K. can make decisions based on the speculations of the blog, then go to a website like PaddyPower.com to check out the projected odds and make a bet.
A Bookmaking Super Power
Ireland-based Paddy Power is a bookmaker that services gamblers in Ireland and Great Britain. Established in 1988, the company is the result of a merger between three Irish bookmakers. Now in operation for 25 years, the company owns hundreds of retail sites throughout the Great Britain and Ireland where people can wager money on almost anything, from who will with the NCAA basketball tournament to what kind of hair style Angelina Jolie will wear at her wedding to Brad Pitt. Those who are unable or unwilling to personally travel to a Paddy Power retail site have several other options: place bets using Paddy Power's Dial-a-bet landline phone system, or via cell phone through the company's mobile division. Interested people may also visit the company's website, PaddyPower.com, where the projected odds for hundreds of different bets are displayed. Visitors to the site may also engage in numerous online casino games.
Some Examples of European Political Betting
Interested U.K. and Irish gamblers may visit the Paddy Power website to see what political issues are drawing gamblers' attention. Bets are already being taken, for example, on the winner of the U.S. presidential election of 2016. The bookmaker has placed Hillary Clinton's odds at 7/2 and Paul Ryan's odds at 8/1. These two politicians are not the only candidates on Paddy Power's speculation list, however. In early April 2013, Jeb Bush and Chris Christie's odds for winning were tied at 12/1. Mike Huckabee was listed at 66/1; John Edwards, Donald Trump, and Newt Gingrich were tied at 200/1; Alec Baldwin and Eva Longoria were tied at 400/1; and Andrew Basiago bottomed out the list at 500/1.
2016 U.S. Presidential Election: A Simpler Way to Bet
Those who feel overwhelmed by the long list of choices in the 2016 presidential election bet may prefer to put their money on a simpler wager. In early April 2013, for example, the website projected the odds of a male vs. female winning the 2016 U.S. presidential election this way: male 1/6; female 7/2.
U.K. Political Betting
American politics aren't the only money-making political issues listed on Paddy Power's betting site. As of April 2013, gamblers could wager money on who will win the most seats at the next general U.K. election. Choices and odds were as follows: Labour 8/15, Conservatives 6/4, and Lib Dems 100/1. U.K. gamblers can bet as to whether they think gay marriage will be legalized by the next general election. Odds in early April 2013 were projected by Paddy Power to be 1/7 "yes" and 4/1 "no." Irish gamblers may bet on a number of different issues. When will Barack Obama pay his next visit to Ireland? The odds of a 2013 visit are 2/9, according to Paddy Power. In what year will Ireland's next general election occur? Paddy Power projects it will most likely be in 2015.
Paddy Power does not just take bets on political issues. Visitors to the website may choose from an A-Z sidebar of betting categories which include a large variety of sports, play horse racing games and greyhound, lotteries, and novelty bets. Within each betting category, gamblers will find a number of different issues, or "markets," on which to bet, with projected odds listed. The buffet of choices seems almost endless.
Humorous Novelty Bets
Those with a sense of humor may enjoy perusing the bookmaker's "Novelty Bet" category. Gamblers in this category may choose from a long list of subcategories which include "Hollywood," "Music," "Weather," and "TV Specials." Who will be the next Oscar host? Paddy Power names 36 possibilities, with Justin Timberlake topping the list at 2/1 and Michelle Obama bottoming out at 500/1. Which major cities will enjoy a white Christmas on December 25, 2013? Chicago scores the highest with 5/6 odds while Madrid's odds are 12/1. Will the next winner of Britain's Got Talent be a solo singer? The odds are 7/4, according to the bookmaker, while the odds of a stripper winning the contest are placed at 66/1.
Segerblom: Bringing a Taste of Europe to the U.S.
Senator Segerblom has proposed that Nevada citizens be allowed to gamble on the outcome of federal elections. He points out that Europeans have been doing so for years with the help of bookmakers like Paddy Power. While experts speculate that the revenue generated from political betting in the U.S. would be far less than sports betting revenue, Segerblom feels it is an avenue worth exploring.
A World of Betting Options
If Segerblom's bill passes, a world of betting options will open to the people of Nevada. With strong companies like Paddy Power paving the way, it may not be long before Americans are gambling on the Paddy Power site just like some Europeans.