Political Betting Online Odds, Elections & Upcoming Events
Political betting online is a fun and engaging way to stay on top of breaking news while chasing big payouts. Whether it’s betting on Trump, Biden, or international elections, online betting sites are opening new markets all the time.
Betting on politics is easy to do and there are more options to wager on than ever before. This guide takes you through the basics of political betting, so you can get started today. Get tips on how to bet on elections, how to read political betting odds, and what events to watch for.
In This Political Betting Guide:
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Is Political Betting Legal In The US?
Political betting is not legal in the US unless bettors use an offshore site. The overturning of the Professional and Amateur Sports Protection Act (PASPA) in 2018 meant states could regulate their own sports betting industries. However, the legislation did not include politics betting. Sportsbooks based in the United States, whether online betting sites or in-person venues like casinos, are barred from providing political betting odds. This means that US presidential betting isn’t possible at US-based sites either.
The only option for US residents to bet on politics is via sites based offshore in other territories. Read on for our expert reviews of the best offshore sportsbooks available across the country.
Betting On Global Political Events
Political betting online includes a lot more than the presidential race. You can wager on state elections and political events all around the world. There’s always an election to bet on. Whether it’s the UK general election, the French presidential election, or referendums, such as the Voice in Australia. In addition, many sportsbooks keep a close eye on political events in Canada.
Here are some key political betting opportunities offered by our top sportsbooks:
EXPERT TIP: Follow global news as much as you can, especially in European democracies that are about to host elections. The last decade has seen the rise of populist parties and their strong performances are often overlooked in the politics odds.
How To Read Political Betting Odds
Political betting odds work in the same way as sports odds. Below are the types of politics odds you’re likely to encounter and how they work. Remember, the higher the odds the more you stand to win, but the less likely your bet is to win. We recommend using a bet calculator to help you with your wagers.
Presidential Election Winner
The odds on the US presidential election will feature many candidates until the primaries are completed. Then the odds will change to a one-on-one battle between the GOP and Democratic picks. The frontrunners for both main parties will likely have low positive odds, between +150 and +250 during the primaries, after which the favorite will drop to negative odds.
Example: If Trump is -250 to win the 2024 election, that means that you have to wager $250 to get $100 profit.
EXPERT TIP:
Monitor the presidential odds during TV debates to see how they react to controversy. Sometimes they react positively, sometimes negatively.
Date Of Next Election
Countries like the UK and Ireland do not have set dates for their next election, but you can get competitive odds if you wager on the year of the next vote. The best sports betting sites will set their lowest odds on the latest possible date, anticipating that a government will serve its maximum term. However, if a prime minister falls or a government is unpopular then the odds of a snap election can suddenly shift.
EXPERT TIP:
We recommend shopping around for the best election odds, as sites can often judge the political landscape differently.
Propositions & Referendums
Betting on propositions and referendums are effectively Yes/No markets that make it easy for anyone new to politics. However, these lines require knowledge of the issues at hand. Brexit is the perfect example of when sportsbooks got it wrong. They all expected a No vote, but Yes won 52-48.
EXPERT TIP:
Don’t be afraid to bet on the outsider option during referendums or proposition votes. Use our odds math guide to better understand your risk when wagering on underdogs.
Exit Date
US presidents serve four-year terms and are highly unlikely to be toppled via impeachment. Leaders in the UK, Ireland, and other European democracies can depart suddenly. They may be ousted by their own party, like Boris Johnson in 2022, choose to quit like Nicola Sturgeon in 2023, or simply lose an election. Sportsbooks provide odds on when a country’s leader may be gone, regardless of how they leave.
EXPERT TIP:
Look at personal opinion polls for party leaders before betting on exit dates. If a prime minister has a bad approval rating, then their colleagues could decide it’s time to replace them with someone more popular.
Best Politics Betting Site For Beginners
If you’re interested in politics, but new to betting, we recommend Bovada.
Bovada Top Option For Politcs Bets
Bovada is our top-rated option for political betting online. Bets range from the US presidential election through to debate winners, referendum results, and primary elections. You can even get state specials, including which governor will be arrested next, and whether the president will deploy the military.
Explore the full range of live odds and futures events with the site’s easy-to-use sportsbook interface that lists all wagers in one place. New players can benefit from detailed props information, so you won’t mistake one wager for another.
Our three favorite wagers right now are:
- Hillary Clinton to run in 2028 at +800
- Joe Biden to be impeached at +275
- Referendum on United Ireland before 2030 +250
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Wide range of politics odds and lines
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LoyaltyStars Earn Rewards At Top Political Betting Sites
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Joining the LoyaltyStars’ online community gives you access to comprehensive reviews from real players, and the ability to play on different sites to earn reward points.
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Betting On Top Political Events
There are usually three or four major political events that take place every year. These typically include general or presidential elections, midterm elections, or referendums. These events shape future political events, and can send shockwaves through the rest of the election markets.
Here are four top political events to wager on:
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Betting on the primaries is the ideal testing ground if you are interested in wagering on the presidential election later in the year. The list of candidates is long, and we recommended doing your research on individual states before betting on who comes out on top.
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Betting on Irish Unification is growing in popularity. Sinn Fein is soaring in the polls and Northern Ireland has become increasingly isolated from the rest of the UK due to Brexit. You can wager on whether a referendum will be held and what the result will be.
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The EU has become stronger since Russia’s war in Ukraine but there’s always talk about which country will be the next to follow the UK out of the trading bloc. Italy and Greece are often predicted as next up.
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Betting sites usually know who will be the next Supreme Court appointment when a seat opens up on the bench. These are politically-motivated choices and bettors who act fast can lock in a good price before the odds drop.
EXPERT TIP: We recommend doing a deep dive into each political event before you place your bets. This means looking beyond your preferred media types and accessing a range of publications, TV networks, and websites to get a better understanding of the potential result.
Responsible Gambling
We encourage you to gamble responsibly and consider online betting as a form of entertainment, not a source of income. Set loss limits and time limits, and don’t bet more than you’re comfortable losing.
Here are some resources to help you, or someone you care about, gamble responsibly and get help:
Political Betting Key Takeaways
Political betting online has come a long way in the last decade, and today there are more lines and odds than ever before. Bettors can bet on a huge range of political outcomes, beyond the presidential election, with betting odds that are sometimes more accurate than polls.
US bettors can bet on politics in the US via offshore sites. All of the sites we’ve recommended have passed our strict safety protocols and have a proven record in offering fair political odds. We recommend you use these sites and keep track of the latest political news to maximize your chances of winning future bets.
If you want to bet on politics, our recommended site is Bovada. This betting site is ideal for new players and it offers a great range of political betting options.
Good luck! We’re rooting for you!
