Betting odds on the German federal election swung firmly towards Olaf Scholz and his SPD party after polls indicated that he won the first televised debate of the campaign.

Markets now give Scholz a 56% probability of becoming the country’s next chancellor, up from 36% on August 23,  prices compiled by crypto sportsbook Cloudbet show. He has now taken the lead from main rival Armin Laschet, whose likelihood of becoming chancellor slumped to 44% from 63%.

Cloudbet is the only major crypto operator offering German election markets. The odds are hosted on an enriched event page that charts real-time price movements and will live-stream future debates for players to seize betting opportunities as odds shift.

The page will also contain the Cloudbet Opinion, a visual representation of which party bettors are favoring with their wagers, and a useful alternative voting indicator to opinion polls. Cloudbet first unveiled the feature to good effect ahead of the US presidential election in November. Bets placed on Cloudbet for that election were closer to the final result than official poll results, especially in predicting state-by-state outcomes.

“Betting markets can offer unique insights into how segments of the voting public perceive the election,” a Cloudbet election expert said. “We will continue to monitor movements as the debates and campaigns continue.”

Sunday’s 100-minute debate was largely uncontroversial, with views on climate change proving to be one point of difference between the three chancellor candidates. Some 36% of viewers picked Scholz, according to a Forsa poll for broadcasters RTL/ntv. The Greens’ Annalena Baerbock placed second with 30%, while Laschet was last with 25%.

Founded in 2013, Cloudbet established itself as one of the world’s leading bitcoin betting operators, with a reputation built on unparalleled security and speedy withdrawals. Players on the German site can bet with 12 cryptocurrencies including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, USDT, Dogecoin and Dash.

In June this year, the operator launched a fully localised website to provide better services for German customers. It also hosts a Telegram community for German-speaking customers to engage with other like-minded betting fans.

The multi-awarded sports betting provider UltraPlay expands its footprint through Nitrogen Group partnership. Nitrogen Group (Nitrogensports.eu and Nitrobetting.eu) is a long-standing operator for its good reputation, integrity, and dedication to Bitcoin.

UltraPlay’s portfolio of advanced betting solutions is the perfect fit for Nitrogen’s sports and eSports betting offers. The crypto gambling operator has more than 9 years on the market in which it’s grown an enormous database of players and Bitcoin enthusiasts.

Through UltraPlay’s betting products, players at Nitrogensports.eu and Nitrobetting.eu already enjoy the extensive coverage of more than 34 eSports, plus 6000 pre-match and 5500 live events monthly together with a huge range of sporting events available online 24/7. Their players continue to benefit from secure, fast, and anonymous Bitcoin betting as well as from impressive futures bets, live streaming, and even niche tournaments from across the globe.

Commenting on the partnership Nick Travis, manager of Nitrogen Sports, said:

“For many years, Nitrogen Sports has served crypto users and bettors with a safe and anonymous platform featuring a comprehensive list of odds on major sports, but thanks to this new venture, they can take their action even further and bet on even more events, leagues and games, including UltraPlay’s extensive array of live betting odds, as well as a massive selection of eSports events.”

Mario Ovcharov, CEO of UltraPlay commented: “Nitrogen Sports is one of the biggest operators in UltraPlay’s network. Our commitment to offering them the highest quality betting products already records great results. We see eSports and cryptocurrencies as an important piece of the online gambling industry, and our new partner knows exactly how to be the first-choice sportsbook of the next generation of bettors.”

“Together with Nitrogen Group and its ever-growing community base we’ll grow our leadership in the sports and eSports betting provision on the global gaming map”, added Ovcharov.

UltraPlay’s early adoption of Bitcoin as a wagering method back in 2011 solidly positioned the company as one of the pioneers in the crypto betting segment in the gambling industry. The company keeps on opening new perspectives of how online betting should be done according to the young generation of bettors’ preferences.

Dedicated to constantly developing and improving its sports betting products, UltraPlay earned 15 awards for its eSports betting leadership.

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