Albeit not as spectacular or instantaneous as the ever-popular sports betting, the political betting industry is a fascinating realm of razor-thin odds and ruthless betting.
There will never be a better opportunity to participate in a political gamble than at this particular moment, with the introduction of online gambling, social networks, and a worldwide revitalization of democratic processes. And if you are wondering if political betting is just another 21-st century thing – it is most definitely not.
Before King Edward VI died in 1553, historian Stephen Alford chronicled businessmen wagering on his probable successor. The chronicle is one of the oldest written documents that serve as proof that political betting has been around for quite some time now.
If political betting odds have caught your attention so far, you might want to stick around to find out what are the best political betting sites, where you can find the most favorable election odds, how have bookmarkers placed their odds on who’s going to be the next United Kingdom president and everything in between.
Worldwide Political Odds: Betting Markets
When betting is mentioned, the first thing that most people think of is sports betting – and there’s a reason why sports are most often connected with wagers. Sports betting or virtual sports wagers are the most commonly known type of wagers that gamblers like to place.
It is not unusual for sports lovers to place bets every now and then, as sports betting requires common knowledge of the teams and the sports leagues – which they happen to follow anyway. On the other hand, staying up to date with world politics is a must for all gamblers that are willing to dive deep into political betting – and politics are the hottest topics nowadays.
If you happen to be skeptical about political betting and political events in general, consider the following: As the Democratic nomination battle is heating up, everyone is looking forward to the 2024 Presidential Election. The biggest question is: Will we see Trump back on the presidential chair?
We should not forget the Brexit situation in the United Kingdom, which is now being driven by the Conservatives and Boris Johnson. Another question is on the rise as well: Who will be the next Labour Party leader in the United Kingdom?
All these questions that come with wagers are just the beginning.
Following are the most popular bets in the world political scene, including countries such as the United States, Great Britain, Canada, Germany, France, and many others.
Political Betting: Canadian Politics Odds
Canadian politics seem to be rather chill when compared to the rest of the world. However, there is still plenty of stuff going on as all nationally held federal, municipal, provincial and territorial elections are present at Canadian politics betting sites.
Every 4 years, bookmakers publish their odds for the upcoming battle of who’s going to be the next prime minister – and the knowledgeable gamblers take this chance to place their bet.
Naturally, just like sports gambling, the secret to spotting lucrative election bets is research.
If you would like to give it a shot, all you need to do is register an account at a gambling site that holds political betting odds, collect the most sought-after casino bonus – a free bets bonus promo and place your first bet.
For instance, the 2019 election for the new prime minister of Canada had betting sites publish odds for all candidates: Andrew Scheer, Justin Trudeau, Jagmeet Singh, Maxime Bernier, Elizabeth May, and Yves-Francois Blanchet.
Placing Political Bets: UK Betting Options
Considering everything that is going on in the United Kingdom, the past few years have been the most fitting time to be betting on politics in the UK.
The last general UK election held in 2019, resulted in Jeremy Corbyn’s Labour Party suffering its biggest defeat since World War II in the United Kingdom.
However, the general elections are not your only way to make some bonus money from placing bets on popular votes.
Just the opposite, Brexit, Scotland’s independence, and the 6 different types of elections in the United Kingdom create countless chances for you to win big.
UK Party Leaders
As it is commonly known, all betting odds are subject to change given the current and upcoming political situations.
That is the case with the UK election for the next Conservative Party leader, as the odds keep changing until the very last second.
And when it comes to changing parties’ leader heads in Great Britain – the betting odds enable you to place a high bet and utilize the gambling sites’ bonuses.
Brexit Odds
Brexit is the very first thing that springs to mind when thinking about recent country politics and political bets.
Even after the United Kingdom left the EU, bookmakers are still creating odds based on Brexit. Except for this time, the odds are published on who’s gonna be the next country that will leave the EU.
Italy, Greece, the Czech Republic, Poland, France are a few of the most common countries that gamblers bet on.
Betting Odds for the Independence of Scotland
Prior to Brexit, Scotland’s government had proposed to leave the UK, however, they did not see that one through.
Now, both Scotland and Wales only wish to be part of the EU, but instead, they are tied to the UK that has officially left the EU in 2016.
That is the reason why some casinos, such as Bet99 offer odds on whether Scotland will hold an independence referendum by the end of 2021.
If you have already joined a gambling venue and picked your bonuses, you can place a bet on whether Scotland’s government will actually keep its word.
The White House Battle: US Presidential Election 2020
The 2020 presidential election was a major surprise for most betting houses – and if you had taken your odds and placed your bet on Joe Biden – you could have won big.
The polls suggested that Donald Trump was the Republican’s best shot at winning the White House battle, while the Democrats had not yet chosen their candidate.
Hence, Trump was declared a clear frontrunner – the Democrats’ uncertainty made the outcome seem rather straightforward.
Donald Trump
If you were to ask anyone back then – they’d have all played their money on Donald Trump. Not only that the wager was set in his favor, but the polls suggested that the politics of the Conservatives are leading them to a clean win.
Trumps’ odds were available in just about any casino site, and they all screamed one thing: win.
During his first Presidential term, he enacted a slew of divisive policies that had impacted everything in the States and abroad, including tax changes, immigration, as well as foreign policy.
As we are all well aware now – the outcome was different, and Donald Trump most definitely was not selected to be the US’ next president.
The Next President – Joe Biden
The Democrats, on the other hand, could not decide until the very last moment who will be their next candidate out of the 19 people they had previously listed.
Nevertheless, they were hopeful that they will be able to impeach Trump – even though they had attempted and failed several times in the past 4 years.
Kamala Harris was once a shining star, but that time has been long gone – even though she had been declared a winner from the first debate, she dropped out of the race.
At last, Joe Biden was selected to run for the next leader ballot.
Despite the election odds suggesting otherwise, Joe Biden was selected to be the next president of the United States.
French Politics Betting Odds
French politics are a trendy topic once again, as a new president is to be elected in 2022.
Casinos are already offering you casino bonus promotions and are hoping you’ll grab the bonus offers and place a bet on who’s going to be the new president of France.
The main protagonists are Macron representing the centrist0liberal site and Le Pen as the opposition party.
Even though the odds keep changing, according to bookmakers, the safest bet you can place is if you bet on Emmanuel Macron.
The 2022 odds in France’s election include Macron, Marine le Pen, Jean Luc Melanchon, Laurent Wauquiez, and Annie Hidalgo.
Political Betting: 2021 German Federal Election
The German political scene is setting up for the 2021 Bundestag election which is set to be held on the 26th of September.
Following the German Federal Election, most political betting sites have published their odds for the three main candidates for the Bundestag chair.
If you intend to bet on Markus Soder, you will most likely find low wagers such as 2.50 – as Markus Soder is considered to be the most probable winner.
Moreover, according to the bookmakers, Friedrich Merz is the second-best option for the Federal election, while Armin Laschet has the highest betting quota.
Irish General Election Time
Irish politics were a recent popular topic, as the 2021 Irish election took place in April.
Upon any election, the Irish politics are part of most casinos and they publish the odds as soon as elections get into their full swing.
Even though the country’s politics do not reach international news often – gamblers like to use the casinos’ bonus offers on the Irish parties.
Political Betting: New Zealand
New Zealand is yet another country that does not have as much political buzz as the rest of the countries, however, the NZ parties can make quite the show too.
The ban of semi-automatic rifles had caused a lot of buzz across the globe, as prime minister Jacinda Ardern condemned the act that no other politician dared to up until that moment.
If any elections are to be opened, you could use your bonus free bets on Ardern and you’ll most likely win.
Politics Betting: Who’s Going to Be The First To Leave the European Union?
Brexit is shaking the EU, and it most likely will continue to do so.
Today, the question isn’t whether another country will leave the EU, rather which is the first country that is about to follow the steps of the United Kingdom?
BetWay Casino finds Italy to be the next country that will leave the EU – and if you agree with them, you can place your bet at this very moment.
Naturally, not all countries are part of every casino, hence you cannot place your bet on any country you like.
Nevertheless, besides Italy, the odds for Greece and the Czech Republic are the most common countries for which you’ll find published odds.
Betting Options: Brazilian Politics Betting Wagers
Seemingly, Brazil has its own Trump scenario. The Social Liberal Party led by Jair Bolsonaro had won the latest popular vote for president.
While some of the parties, local regulations, and media are against him, most bookmakers still find Bolsonaro to be a safe bet, as they believe he will manage to finish his term.
However, if you happen to follow Brazilian politics and you disagree with the opinion, you could win big with the help of the political gambling venues’ bonus cash.
The Best Political Betting Sites – Grab Your Bonus Free Bets
If you follow daily global and local politics, you might be interested in politics betting. If this case stands true, you could be in search of the best political betting sites for 2021.
And if you are wondering how you can spot a good casino site and whether a casino bonus is worthy – we have pointed out a few key features you should look for before joining a gambling venue:
- Free bets
- Welcome bonus promo
- Frequent bonus offers
- Legitimate venue
- Fast payouts
If you do not intend to bet frequently, bonus offers such as free bets are your most preferable choice. Bonus bets allow you to place a counter bet from your initial one – as a backup plan in case your bet fails. With the help of the bonus bets, you will not lose any of your own bucks.
Nevertheless, if you are already familiar with sports and virtual sports gambling, you are familiar with the concept that most online gambling houses attract new customers by offering them lucrative welcome bonus promotions.
A frequently updated bonus section is yet another key feature that you should check for before you decide to bet at a certain gambling site.
A legitimate venue is one that is fully licensed and regulated by a trusted and well-known organization, one that pays great attention to its regular and new customers.
A core feature of every online gambling site is the fast payout times. If you can get a hold of your win after you’ve wagered your bonus amount in less than 2 days – you’ve found the right gambling site for yourself.
However, if you are still unsure of whether political betting is as profitable as sports gambling, or whether you could win big with the casinos’ bonuses – you should check out our next section.
Is Political Betting a Good Idea?
Placing a wager on sports events is something almost all sports fanatics have tried at least once.
Over the course of the last few years, online gambling has become more popular than ever, and so has political gambling.
If you are wondering why you should wager on a political event in particular – the answer is quite simple.
Even though thousands of dollars are being donated to the most popular political parties, the market is still rather unpredictable. Hence, bookmakers offer extra odds and bettors have a chance to win greater.
Political Odds: A Bonus Guide
Whilst sports matches last for few hours, political gambling is a protracted game, with many bet credits placed months, if not years, before the final outcome.
You could utilize the casinos’ bonus chips by laying odds on events such as:
- Which party will be the overall winner
- Which party will win in a specific region
- Who’s going to be the PM
- Which parties will win the parliamentary seats
- Voter turnout
- Referendum outcomes
Political Betting: Tips & Tricks
If you are about to lay your odds, your intention is to win some bonus cash. In order to do that, you should make sure to follow the following steps:
- Create your budget
- Trust the numbers
- Verify the sources
- Check out the bonus promotions
- Gamble with a clear state of mind
You should keep in mind that each of these steps is equally important in order to win the desired bonus cash.
Create Your Budget
Firstly, you should never overestimate your budget. Before you start laying your odds, you should allocate a sensible budget and stick to it.
Trust the Numbers
No matter how firmly you believe in your choice, you should always seek more information and follow the statistics.
Verify the Sources
Before making any big decisions, you should always make sure to verify your source of information. Some candidates tend to present false data, in order to gain an advantage over the rest of the candidates.
Promos and Bonus Free Bets
Depending on your intentions, you should find the right gambling arena for you and make sure you will be able to utilize the bonus promos. Most new customers opt-in for bonus offers without first checking the wagering requirements.
Have a Clear State of Mind
Last but not least, you should never lay any odds if your decisions are made based on an emotional hunch, instead of rational thoughts.
This step is rather simple – just because you want someone to win, doesn’t mean that they will. Hence, do not put your cash on odds only because you want them to happen.
Conclusion
If you have stumbled upon political odds while listing through various betting sites – you should not be surprised.
Placing political odds in Canada is a legal and standard practice, as long as you fulfill the legal age requirements.
Politics betting is akin to betting on any other futures market. Politics gambling in essence is laying odds on the candidate you think will win the election.
Today, more than ever, gamblers are placing their stakes and by following the tips on how to find the best political odds – they win big!
Last Updated on November 18, 2021
