Political betting markets are indeed still generating a lot of activity despite the end of election season. This could be attributed to a number of factors:
1. Future Elections: Betting markets may be accepting wagers on future elections or potential candidates.
2. Political Events: Different political events, like impeachment trials, policy changes, or leadership shake-ups can also stir activity in these markets.
3. Global Politics: It’s not just about US politics. Elections and political events from around the world can also keep these markets buzzing.
4. Intra-party Politics: There could be bets regarding changes within a political party.
5. Special Elections: There are often off-year or special elections to fill the seats of officials who have retired, resigned, or passed away.
Betting companies usually keep up with the political pulse, introducing new markets and odds based on major developments. While the climax of activity might be around election season, there’s rarely a complete pause in political betting.