Betfair: Le Pen poses as “attractive proposition” to politics punters

3 May 2017

betfair politicsAccording to an analysis by the Betfair Politics department, almost 30% of online politics punters are backing far-right candidate Marine Le Pen as the winner of the French Presidential Elections 2017.

This is not so much matter of careful consideration however, as the most significant factors seem to be a combination of high odds (10.00 - 9/1) and belief that Le Pen will manage to pull a "Trumpesque" upset. Although these odds translate to a percentage as low as 10%, according to Betfair, politics bettors think that Marine Le Pen still poses as an ‘attractive proposition’.

Emmanuele Macron is currently being traded at 1.11 - 1/9 odds and is considered as a clear cut favorite to become the next French President. According to French news outlets, he currently holds a lead ranging from 4 to 20 points.

No matter what the final result might be, the French Elections 2017 are proving to be a fruitful market for Betfair, who have taken in £22 million in bets. This figure is already higher than the Scottish Referendum 2015 and ranks as number 3, standing behind the Brexit Referendum and the US Elections of 2016.

Why choose Betfair

The biggest betting exchange
  • Multi-licensed
  • More than 35 sports
  • Cards & Corners
  • 100+ live tennis markets
  • Live Streaming
  • 150+ horse races daily
  • Telephone betting
  • High winning limits
Play now
100% Bonus up to €20
BOOK SPY
BOOK SPY BONUS REVIEW

When it was established, back in 2000, the Betfair betting exchange revolutionized online gambling. It gave bettors the ability to compete against each other based on a poker or stock exchange model. Players can bet with very high limits and also cover their wagers with more fair conditions compared to the Cash Out feature that traditional bookmakers offer. Professional bettors can use the exchange as a tool to follow the market trends and sell their bets. The high liquidity almost guarantees that your bets will be traded. Betfair is up-to-date with the latest features, like Bet Builder and Request a Bet, and added a fixed-odds section, too. However, the sportsbook payout is below par. Although the market depth in the exchange is huge, it is not as it once was. The liquidity of less popular sports and leagues has decreased dramatically due to the inability of some countries to regulate the betting exchanges, which forced Betfair to exit strategic markets. Moreover, the commission fees are relatively steep compared to other exchanges, such as Matchbook or Smarkets. There are additional charges if you are a very successful trader. Overall, if you are looking to bet on the exchange, then Betfair is unrivaled to any other company.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY

1Xnews, the official portal of 1xBet, has announced an agreement with football club Goa of the Indian Super League. The deal is for the 2021/22 season...

Read more »

The Premier League’s football club Chelsea and its partner, the renowned bookmaker Parimatch, have launched their brand new campaign named ‘The Chosen...

Read more »

According to recent research, gambling-related companies are the most common form of shirt sponsors in European football for another year. Over one fi...

Read more »

Despite the new regulation in Germany and the Netherlands LeoVegas, the Nasdaq-listed group, announced a 12% increase of its total revenue in the Q3 t...

Read more »

After the new agreement that the Union of European Football Associations (UEFA) and Sportradar announced, the sports betting data provider will be an ...

Read more »

The government of Sweden announced that the harsh online gambling restrictions that include a SEK 5,000 (i.e. £424/€491/$600) monthly deposit cap will...

Read more »

Entain has created an exclusive content for Formula 1 fans and will cooperate with McLaren. Via its Partypoker Sports brand, the sports betting group ...

Read more »

The Gaming Control Authority, a part of the Ministry of Finance of Lithuania, announced that it issued a warning to every sports betting company opera...

Read more »

The English football club, Queens Park Rangers (QPR) made a new agreement for a sponsorship with Gamstop. From now on QPR will dedicate matchday and p...

Read more »

According to data from the regulatory authority of France L’Autorité Nationale des Jeux (ANJ) the online sports betting sector in the country made a r...

Read more »

LATEST BOOKMAKER PROMOTIONS