Nicosia, Cyprus. Betting on the upcoming parliamentary elections will be permitted until May 16, the National Betting Authority (NBA) said on Tuesday. The elections will be held on May 24.
Deadline and rationale
The NBA said betting on the elections must end by 11:59pm on Saturday, May 16. It said any betting activity related to the elections after that cutoff will be illegal. The NBA said the aim is to “prevent influencing the electorate or creating impressions.”
Candidacy submission and public guidance
Candidacies for MP will be formally submitted on May 6. The NBA appealed to the public to familiarise itself with the terms and conditions. Members of the public can report suspicious or irregular activity at: [email protected]
Odds and other betting options
Betting company Stoiximan has the highest odds on the Disy party to win the most votes. Betting on Disy to ‘win’ earns €1.57, Akel €2.70, and Elam €12. Direct Democracy earns €15, Alma €17, Diko €25, the Greens, Edek and Volt €80, and Dipa €150. Other betting options include wagers on parties receiving over or under a certain percentage of the popular vote.
Will you check the betting terms and conditions before placing any election-related bet?
