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TimS comments on No, Really, I've Deceived Myself - Less Wrong
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No. People can "believe" in non-religious things and yet refuse to make bets which should be 100% safe if their belief is true. Sometimes they don't realize that the specific bet is related to the abstract belief; but often there are separate magisteria of belief-space and everyday-action-space.
How many believers in democracy would let their own life be decided by a majority vote of other people? How many believers in communism would share all their property with someone poorer than them?
That seems like a strawman. Most western democracies have substantial antimajoritarian components to their basic laws. Procedurally, most countries have judicial review of legislative acts. Substantive examples (from the United States) include the First Amendment (freedom of speech) and the Fourth Amendment (protection against unreasonable searches and seizures).
In other words, proponents of democratic government don't intend to communicate that they want every decision made by the majority of the citizens.