Political Betting Odds | Top Sites for Betting on Politics (2024)

Betting on Politics

Betting on the outcome of political events may sound odd, but it is actually nothing new.

People have been betting on the outcome of political events such as elections for a long time, but it has gotten more popular in recent years. The reasons for this are disputed, but with people able to use betting exchanges to back and lay their wagers on political markets, it has become easier than ever to lock in a profit, while events such as the EU referendum were high-profile.

People opt to bet on political markets online for several reasons. One of the main ones is the same as for sports betting, just to make watching the action unfold that bit more exciting.

Another reason to bet on politics is that there is a chance to win a lot of money. Politics can be unpredictable, making winning wagers tricky to land, but there are plenty of opportunities to make a significant amount of cash. In the last few years alone, leave winning the EU referendum in the UK and Donald Trump becoming the president of the United States were substantial shock outcomes that went against the odds, helping many people make large profits.

While the main political markets at British betting sites centre on UK and US elections, there are plenty of other events to bet on at the top political betting sites. Irish political markets are often available, while the outcome of elections in Australia and Canada, as well as a variety of other countries, is sometimes available too. Add in the fact it is possible to bet on the outcome of elections in Scotland and Wales, as well as the UK as a whole, and the choice here is very wide.

Other political markets are offered, too. People can bet on the next leader of each of the major political parties in the UK, such as the Conservatives, Labour, the Liberal Democrats and so on. It is also possible to bet on how many seats a party wins, as well as on what the turnout will be.