The political duel between Romano Prodi and Silvio Berlusconi, candidates in the last presidential elections in Italy, generated more than 1,5 million euros in online bets. Betfair.com users gambled mainly on Prodi as the successor of Berlusconi (95%).

The last comments by Berlusconi made the bets against the former president raise to the top. Betting 10 euros on Berlusconi would have given 300 euros in prize, and betting on Prodi only meant 1.08% of winnings. It was such low profit that it seemed he had already won before the elections took place in Italy on the 9th and 10th of April.

Internet gambling on politics has always been reliable. In Betfair –a house of bets that works with a really wide range of areas, such as football, finances, meteorology, reality shows and politics- betting on elections has always shown that a really high percentage of people can anticipate the results.

For example, the last national elections in the United States, when there were many statistics, news channels and experts talking about the good chances of candidate Kerry against George Bush, the republican always was the favorite man for Betfair’s gamblers. And he actually won.