I used to gamble on football, but lost too often.
I’d bet with my heart and not my head. I never could bring myself to bet against England or Chelsea.
But politics, especially US politics, is another matter. I love the US presidential elections. From this side of the Atlantic, distant from the fight, I can make dispassionate bets. For the second presidential election running I amused myself by trading on the Intrade political futures markets.
You trade contracts with other members of the exchange. If a candidate wins the contract is worth $10 if he/ she lose it is worth nothing. You do not have to hold a contract till the end, so you can change positions whenever you want.
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