Special bets offered by bookmakers can be described quite easily: you wager on things that are not specifically about sport. There are always options for creating such betting markets – either on a future government, winner of a TV talent show winner, or music and film awards.
This also includes novelty bets that are lightheartedly either a joke or an enjoyable option. These bets are not usually taken seriously. These bets are sure to put smile faces on the faces of betting fans rather than forcing them to place real bets. For more information on unique betting markets, check out onlinecasinoexpert.net.
These types of bets are accumulated in the category of novelty bets. The regularity of the portfolio is very broad. For example, you can bet on the number or the names of the children in royal families. Bookmakers also provide odds on occasion about who might be the first woman on the moon. There are bets available even on technological progress and recent inventions from some of the betting providers.
Somewhat "more serious" are movie-related bets, such as who will be the next James Bond. Novelty bets of Miss Universe or Miss India picks are others. Prop bets – those frivolous, fun bets – are in this category too.
Political bets tend to be in regards to upcoming elections. The most well-known market is the United States' next president. You may even find bets on the Democratic and Republican parties' candidates months or even years prior to the election. British election odds tend to be up months or even years before election day.
Political bets are only nearer to poll season in the majority of other countries. In India, for example, you might bet on the results of national elections or even potential coalition results. Mainstream media usually refer to bets from bookmakers, alongside polls, when reporting elections. Bookmakers' odds have been surprisingly accurate at times more than opinion research centres.
Most special bets are entertainment and TV programme-based. Bookmakers are not restricted to one nation but tend to offer markets on the same licensed programmes in several countries. Following are a few of the best-known examples:
Awards betting is another wide segment in the special markets. At the top of the list come the Oscars, on which bookmakers offer odds for all categories. Other favorites in line are the Grammy Awards, Emmy Awards, and Golden Globes. Odds on the MTV Music Awards are also offered by many bookmaking websites.
If you wish to bet on special bets such as politics, awards, or fun novelty bets, make sure to choose a trusted online bookmaker. Always check the following considerations:
Generally, entertainment, society, and political betting is legal. For example, in India these markets are provided by licensed bookmakers, allowing players to bet safely.
All that being stated, the legality can actually be quite complex. Some gambling laws may prohibit non-sport bets under certain licenses, while others allow for them without a hitch. So make sure your bookmaker is fully licensed and recognized within your region of jurisdiction.