Over $185,000 Already Bet On Malta’s Next Election And Prime Minister

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More than $185,000 (€170,000) has already reportedly been wagered on Malta’s next general election and prime minister through Poliymarket.Polymarket shows over $117,000 (€107,000) in betting volume on who will become Malta’s next prime minister, alongside another $67,000 (€61,000) placed on which party will win the next parliamentary election.Current Prime Minister Robert Abela is currently heavily favoured in the market with odds sitting at 92%, while Alex Borg sits at 8%.Meanwhile, the Labour Party is also being given a 92% chance of winning the next election according to the same platform, with the Nationalist Party at 8%.Prediction markets allow users to place money on political outcomes, with odds changing depending on trading activity and public sentiment.Would you ever bet on politics?•