These days, the presidential elections of the United States of America are on everyone’s lips. Especially after, despite polls predicting a landslide victory for Joe Biden, Trump was able to stand up to it and increase his vote, despite being ultimately defeated. These types of events open the possibilities to generate profits by betting on the results of political events, so today we explain how to make political bets with Bitcoin at 1xBit.
What are political bets?
But before going into details on how you can make successful political bets at 1xBit, we must understand what political bets are. And, if you hear the word bet, chances are that images of casinos or sports games will come to your mind.
However, in recent years, and with the creation of top-notch online casinos like 1xBit, an entirely new sector has developed in the world of gambling. As bettors have clamored for more gambling possibilities, the trend has emerged to try to predict the outcome of major political events around the world.
Thus, today you have the possibility to bet on the outcome of elections as important as the one in the United States a few days ago. But also about elections in other parts of the world, or important events such as the possibility of a trade agreement between the United Kingdom and the European Union being closed. Which opens up an entirely new range of options for generating profits using Bitcoin.
Predict political events with 1xBit
This is so thanks to the existence of platforms like 1xBit. Which offers its users the possibility of betting on practically any sporting or political event in the world. Be it traditional sports such as soccer, basketball or tennis, electronic sports or e-Sports such as League of Legends, and of course political events such as elections or political appointments. All this using our Bitcoins.
To participate in these bets, the process is extremely simple. All we have to do is register on the 1xBit page with our email. Confirm our user account. And deposit the amount of cryptocurrencies that we want to use to bet, either Bitcoin or some other virtual currency such as Bitcoin Cash, Ethereum or Litecoin.
Later, we will go to the political events section within the 1xBit platform, where we will find all the events in which we can bet. As well as the betting possibilities in each one.
Well, if we wish, we do not have to limit ourselves solely to predicting the outcome of an election, but we can even bet on more specific events such as the departure of Prime Minister of the United Kingdom Boris Johnson from office, or the distribution of the US Senate in January.
In this way, and thanks to 1xBit, Bitcoin users interested in betting, but not in sports, will have a place within its platform. What, in a world as turbulent as the one we live in today, promises to be a potential source of big profits.