Book excerpt: Who's going to win the next UK general election? Who's going to be the next US president? The next president of France? You probably have an opinion, but are you willing to put money on it? In this unique new book Mike Smithson, the man behind politicalbetting.com, takes a detailed look at the world of political gambling. From the basics of how and where to gamble to the characteristics of the main markets and the forms of betting available. The hard fact that usually only the bookmakers win in the end and the gamblers usually lose applies to the body of all punters, but it is clear that over time the performance of some punters is greater than others and those with good political skills and an understanding of how betting markets operate can and do make money. The objective of this book is to assist readers to become part of that group and to enjoy themselves at the same time! The latter is an important element. For many the great satisfaction of betting on political outcomes is no