Gambling Kingz – Two novelty bet markets dealing with United Kingdom politics are heating up. The first is concerned with the present coalition government and the second is concerned with the government after the next general election. Betting on politics is only second to betting on sporting events. There is a lot of traffic being drawn to these novelty bet markets.
The present United Kingdom government is a coalition of the Conservative Party and the Liberal Democrats. This is the first coalition government in the United Kingdom since the Second World War.
Coalition governments are always shaky because they necessitate a compromise of ideologies. Therefore speculation is always rife about a break up in the government. The popular online betting portal Paddy Power has posted a novelty bet on when this government would break up.
In order to make things unambiguous, Paddy Power has clearly defined what would constitute a UK coalition break up. The date that the Prime Minister announces that the coalition government has ended would be the relevant date.
If the government does not break up before the scheduled date of the next general election, then the date of the election will be used for settlement. Paddy Power online clarifies that the UK coalition ending will include situations where the relationship between the parties changes to one of support instead of participation.
