Political Betting Odds
With all the intrigue that comes with the political world, political betting has been a popular amusement for years and it covers a wide array of topics from elections to the fate of political figures. Check out the betting options below!
Betting Lines for Main Themes
You can bet on all kinds of political events. The most popular political themes involve the elections from the main democratic western countries like the United States, Great Britain, and of course, Canada. As with the major sports betting in Canada, the best political betting sites are quick to open lines and update them as they stay in touch with every major event happening.
United States Politics
Presidential Election 2020
With the upcoming Presidential election, Donald Trump (2.00) is still the Republican's best chance of keeping their control over the White House. Unlike the Democrats, who have yet to choose a candidate among dozens of prominent ones, Trump has very few GOP competitors lining up.
US Election odds have Trump as the favourite and now would be an opportune time to take him at these prices before the Democrats elect a candidate. The uncertainty with the Democrats is why Trump is a decided favourite.
The Democrats still hope to Impeach Trump, but this has been going on since he was elected back in 2016. Chances are he will be around for awhile. They must now choose between some deserving candidates, most of whom have their own fanbase and contrasting personalities. The list is long.
Odds to win the Democratic nomination updated on July 8, 2019:
|Democratic Candidate Odds|
|Bernie Sanders (I)||10.00||9.00||10.00|
Sanders was the popular choice to represent the Democrats in 2016 but was usurped by Hillary Clinton, a choice that discouraged voters leading to Trump's eventual victory. Biden is the former Vice-President under the Obama administration and was unsure of running until most recently.
Kamala Harris (3.00) and Elizabeth Warren (5.00) are lead Democrats
Other candidates who have a decent shot of representing are senior United States Senator, Joe Biden (6.50),Southbend, Indiana Mayor Pete Buttigieg (10.00) and Independant Bernie Sanders (10.00) who is slipping.
Harris is an African-American woman who reminds many of a female Obama: strong-willed, well-spoken, and has a platform that supports disadvantaged families. Harris was a "winner" in the first debate.
Buttigieg is an openly gay candidate and while he sports an enigmatic platform, he is the most charismatic candidate. And Warren has the most high-level political experience of all the candidates.
There is a slew of other dark horse candidates like Beto O'Rourke (41.00), a Texan who is a member of the U.S. House of Representatives and almost dethroned the indomitable longtime Texas Senator Ted Cruz.
Andrew Yang (21.00) is a unique candidate, as both an entrepreneur and philanthropist, who is making waves online thanks to his "Freedom Dividend" a Universal Basic Income (UBI) platform.
Any of these candidates could emerge this year, but they should still be underdogs to the incumbent President.
Love him or hate him, Trump is likely to stay as American President and is the favourite for the 2020 US Election. There are not many candidates from the Republican party who can give him a run for his money and the Democratic candidates, while more qualified, are not as charismatic or supported.
Democrats have tried tirelessly to impeach him, but the longer this goes the more wishful thinking it sounds. At some point, they will pool their resources to support their new candidate and let Trump ride out the rest of his term.
Trump has been a rogue during his Presidential term, to say the least. He has followed his words and instituted several disruptive policies that have affected everything in the US (and internationally) including immigration, taxes, and foreign policy.
Yet despite all the chaos he is creating, most of his supporters are still on his side. Pay no attention to the hateful noise the media (and social media) report about him. He still has the "silent majority" in his corner.
There are plenty of available Trump odds.
Canadian Federal election is on Monday, October 21, 2019. The race between Justin Trudeau and Andrew Sheer is very heated.
Liberal Prime Minister Justin Trudeau is aiming for a second term. The honeymoon period has long passed with Trudeau and his approval rating keeps dropping. He's become one of the most divisive Prime Ministers thanks to his public decorum and lack of economic success.
However, the alternatives are the New Democratic Party's Jagmeet Singh and the Conservative's Andrew Scheer. Singh is charismatic, with promising ideas, but hasn't been around long enough to make a dent on the Liberals. Scheer has been just as divisive as Trudeau but he is climbing as a favorite.
United Kingdom Politics
The UK political betting odds are not as drawn out as the Americans. Thanks to the latest Brexit fight, the UK is going through some tumultuous times. Theresa May, the most recent Prime Minister, has stepped down and there are immediate successors that have their work cut out in sorting out the mess.
Who will be the next Prime Minister
Boris Johnson (1.03) of the Conservative Party is a massive favourite in becoming Britain's next Prime Minister as well as his party's next leader (1.02). The Conservatives are also expected to win the most seats (2.00) although this isn't as much of a slam dunk as them winning outright.
What will be the name of the Royal Baby
After much speculation, the Duke and Duchess of Sussex named their royal baby as "Archie Harrison". Betting odds had Archie as a longshot while they had favourites in "Arthur" and "Alexander", more traditional English names.
When talking about British political odds, Brexit is usually the first that comes to mind even over the elections. As it stands currently, 888sport is prices on the UK leave the EU with out a deal before 31/12/2019.
Plus, there is a futures price on the UK to revoke Article 50 & stop Brexit during 2019 calendar year. The ride continues to be a crazy one.
Will Scotland and or Wales Become Independent
Outside of Brexit, the UK has some "balkanization" happening within their own confines. Scotland has proposed to leave the UK although they ultimately lost. They and Wales both wanted to remain in the EU, for the most part, putting their relationship with England at an even more strained nature.
No betting odds are posted on these betting options as of yet. Keep it locked here as odds on these 2022 political markets should appear soon.
French federal elections just took place in 2017 with Emanuel Macron of the En Marche! party beating Marine Le Pen of the National Front (FN). Macron represented the centrist-liberal side of France despite a strong push from the nationalists and populists led by Le Pen. A new fight begins soon.
Election 2022 odds are already posted at 22BET with Emanuel Macron (1.80) as favorite. The incumbent is being challenged by Marine Le Pen (5.50), Francois Fillon (11.00) and Ann Hidalgo (13.00) as the short longshot.
The next Irish politics betting should gain steam before April 2021, the month the next Irish general election is expected to take place. It follows the dissolution of the 32nd Dail. Among the leading candidates to become the next Taoiseach are Leo Varadkar (1.28) of the Fine Gael, the pro-European party and conservative Micheal Martin (3.75) of the Fianna Fail.
The Fine Gael (1.50) are expected to gain the most seats with the Fianna Fail not far behind with 2.80 odds Everyone else is a longshot at best.
New Zealand Politics
New Zealand's politics most recently made headlines after the deadly recorded shooting at the Mosque in Christchurch. Prime Minister Jacinda Ardern condemned the act and did something no US politician dared: banned semi-automatic rifles.
Ardern has been described as an "Anti-Trump", a progressive politician who is a young liberal woman pushing for diversity and peace. She has been the PM since 2017 and is gaining international acclaim. She should stay put and political gambling odds should have her as a favourite if any open.
Brazil has their own Donald Trump situation happening. Jair Bolsonaro was elected the nation's 38th President following a heated campaign. The longtime Federal Deputy of Rio de Janeiro leads the Social Liberal Party, a far-right conservative faction.
Like Trump, Bolsonaro's main supporters tend to be white men. He holds views that border on xenophobic, homophobic, sexist, and populist. He is pro-gun anti-abortion and continues to divide an already fractured nation.
Many people including prominent media members and celebrities have protested him. But despite the noise, the political odds market has Bolsonaro as a huge favourite (1.35) to maintain his position and continue his term.
How to Read Political Odds
If we hadn't hammered the point home yet, you can absolutely bet on politics. How to bet on politics? First, you will need to sign up to some of these best online sports betting websites. It is simple. Most accept most legal forms of payment including credit cards. And the 24-7 customer service helps you along the way.
Reading political odds shouldn't be too different than betting odds in general. The odds manifest as three formats:
Moneyline: -145, +125
Decimal: 1.55, 2.45
Fractional: 1/4, 3/1
These odds are a translation of each candidate or team's probability of winning. A favourite has a higher probability of success, hence you will have to pay more to win less. While an underdog has a lower chance of winning, hence you will win more than you bet.
Most books offer you the choice of converting these odds into something easier.
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Political Odds Betting Tips
Despite the differences between politics and sports, the betting principles for both remain similar. Keep in mind these four simple tips before committing to any sportsbook.
1. Don't Bet with Emotions: An obvious tip, but one that most casual bettors fail to follow. As humans, we are emotional and can get triggered by emotions like fear and excitement. To minimize these occurrences, avoid betting on a) candidates you love; and b) candidates you hate. Your judgment will be clouded. Instead, do this:
2. Rely on Stats and Hard Data: Yet another basic principle that most players overlook. Yes, numbers only tell half the story, but it is a far more objective gauge than simple "gut feeling". Reading up on the stats supporting candidates and parties can help you make a more informed choice. But also keep this in mind:
3. Check your Sources: What the 2016 election proved was that general news media sources can be terrible sources when predicting polls. Verify the sources you use to ensure they aren't biased towards a political perspective, are legitimate, and are run by credible people. And lastly:
4. Have a Budget: Called the "Unit System", it is best to allocate percentages (units) of your bankroll when it comes to betting. A unit usually means one percent of your total bankroll. If you have $1,000 deposited, a unit of this is $10 (1%). Bet between one unit to five for most bets depending on the value of the odds.