Browse over 46 Politics bets, choose a market, such as: Non sport, and then either match a bet, or set the odds and place a Politics bet against others. You can bet for or against an outcome – e.g. If you're betting on UK - Mayoral Elections, you can place a lay bet if you think Sadiq Khan will lose, or you can place a back bet if you think. Politics provides bettors with plenty of options due to the fact that you can not only bet on electoral outcomes but also bills, acts and budgets to name a few.
Political Betting is the fastest segment of the gaming industry, fueled by elections in The United States and around the world. During the elections of 2016, for example online gaming houses lit up with wagers for and against not only Donald Trump and Hillary Clinton, but not only can you participate in wagers on who will win upcoming elections, you can also bet real money on whether a political figure will perform a certain action.
Here's my top 3 recommended Political Betting Websites
The oddsmakers are also already listing wagers for the 2020 Presidential race. As of the publishing of this post, for instance, the odds of Donald Trump winning a 2nd term are +250 (2.5 to 1), whereas entertainer Kanye West is listed as +15,000. That's right, if you're under the impression that Kim Kardashian's husband will be President in 2021, and bet $100, you'll pull in $15,000 if West wins. Of course the latter example is absurd, and that's why the odds are where they are, but if you look at potential candidates like Julian Castro (+3300), John Kasich (+6600), Cory Booker (+2000) or even Hillary Clinton (+2800), there are more rational ways to win betting on potential Presidential candidates.
For instance, at BetOnline.ag, one of our favorite political betting websites, you can bet on whether President Trump will have his official @realDonaldTrump Twitter Account removed from the social media site in 2017. As of this writing, the odds were +500 (5 to 1) that Twitter would remove Donald Trump's official Twitter handle. That means that the bookmakers don't think he'll be removed from his favorite form of communication. I happen to agree with the oddsmakers on this one, but if you disagree and you're right, you could have a nice win to pad your wallet.
What's great about wagering on political outcomes is the fact that people who pay attention and see trends before most can get into these bets early when the odds are strong, and just wait for that action to happen. Betting on Politics is a lot more than just whether you'll win the bet; it's also about when you place it. Can pawn kill king in chess.
If you wager early, you may get much better odds.
Lets look at Ohio Governor John Kasich's odds to win The Presidency in 2020. Right now, he's sitting at +6600 right now. Of course, if the current President runs in 2020, there will be a G.O.P. primary challenger, and more likely than not, it will be someone like John Kasich, a Republican that's already won Ohio twice (and was a Representative there before) and he's been pretty consistent on his criticism of candidate and now President Trump. He's taken a tough stand on Charlottesville, VA, and he was the runner up for the G.O.P. nod in 2016. He also accepted Obamacare's medicare expansion, and has a much softer tone that may be what the electorate is looking for in 3 years. I'm not endorsing (I made pretty much the counter argument for Terry McAuliffe here), but know that these odds are what the bookmakers think right now.
Kasich's odds will likely be no where near where they are right now in a year, much less 3. Confirm your bet now, bet $1,000 on a Kasich presidency and you're right, you'll win $66,000 Wait until he wins the Republican nomination in the summer of '20, and the odds go down to +250, you'll still win $2,500. That isn't a bat return, but considering your timing made a 63,500 difference, timing your bet when you think the odds are right is a large part of the equation when you're considering political betting
Political Betting is like Horse Racing….If a Race lasted 2-3 Years
Since you can find political wagering in the sportsbook section of most online gaming houses, I thought I'd offer my opinion on what I think the closest comparison between political betting and sports wagering. To me, at least the technical aspects of the wagering process, of wagering on politics is more like Horse Racing than any other sport.
In Horse Racing, there's a large number of competitors, each with their own reputation and statistics. The smart Horse better knows which horse is the fastest, statistically, for the expected weather, track type and condition. They use data to narrow the field, and then make a decision on where to place their wager. What they can never account for is the unknown variable. A horse can have an minor injury that's unknown to the media and even trainers that slows the horse a fraction of a second. Maybe the horse that's usually quickest out of the gate had a bad start and can't get that lead-time back. It's never a sure thing, but if all the things I mentioned before happen and and another horse wins with higher odds, another better used the same data and came to a different conclusion.
Politics is the same. There may be 20 horses in the Presidential Race by the end of 2019. As the race moves forward into 2020, leaders will emerge, and some candidates fall out of contention. One candidate faces another in the final stretch, and though the odds may be less volatile, things can happen, a sudden burst of support from an unlikely event or a candidate may trip. There's never a sure-thing in politics, just like horse racing. Conservative talk show host Erick Erickson even calls his pre-election analysis as a horse race.
How To Wager Real Money
First, join a betting website that features Sportsbooks. I recommend BetOnline.ag, Inertops.eu or Bovada, but there are many more out. I know the ones I mention are legitimate gaming houses, so if you use another one, just do your research
Deposit some money – the sites I recommend accept both credit cards and bitcoin for U.S. players. Mybookie prop builder. If you're unfamiliar with the most popular cryptocurrency, my friends over at Best Bitcoin Exchange explain that 'A bitcoin exchange is a place where you buy, sell or trade bitcoin. You can buy and sell bitcoin with normal money like $USD or Euro's. Or you can trade it for other cryptocurrencies like Ethereum, Ripple, Dash and hundreds upon hundreds more. (source). '
Where Can I Bet On Politics Online
Once you've made your deposit, find a card you want to bet on and place your wager. Watch history unfold, and if you're bets were winning ones, collect your bounty.
See All Guides
Betting on politics is a subject nearly as complex as politics themselves. No doubt, interest in political betting is sharply on the rise as politics increasingly dominate both the broader media landscape and everyday conversations.
These days, election odds and the way people bet on key races is even used by political scientists and pundits in their attempts to predict the outcome of key races and elections.
This guide covers everything you need to know about betting on politics and elections.
Is Betting on Politics Legal in the United States?
Many sportsbooks licensed around the globe offer the opportunity to wager on election outcomes. However, no legal sportsbooks licensed in the United States are currently allowed to offer odds on politics. When it comes to the American market, the election odds you see on SportsBettingDime.com are for entertainment purposes only.
The regulation of all betting-related matters in the US is left up to individual states. In theory, any state could eventually authorize betting on election outcomes or other political developments. That said, it seems unlikely that state regulators will embrace political betting outright. There's simply no appetite for anything that could call the integrity of elections into question, and antiquated perceptions of gambling are never far from the mind of a certain subsection of politicians and rule-makers.
Political prediction markets work a bit differently than traditional sportsbooks, but they do offer a legal option for Americans wondering how they can bet on politics. Luckily, would-be political bettors in many other countries around the globe are free to wager on the next President or other major political developments directly at their online sportsbook.
Types of Political Betting
There are two main ways to bet on politics: prediction markets and online sportsbooks. Learn more about each of them below.
1. Try Prediction Markets
Prediction markets pose 'yes' or 'no' questions to traders, such as:
- Will Donald Trump run for President of the United States in 2024?
- Will Tucker Carlson announce his candidacy for President?
- Will Michelle Obama become the first female president in 2024?
Traders buy 'yes' or 'no' shares related to each proposition. Just like the stock market, the value of these shares shifts with supply and demand. If your predicted outcome happens, the futures market will pay 100 cents on the dollar, and zero if it does not.
What's great about wagering on political outcomes is the fact that people who pay attention and see trends before most can get into these bets early when the odds are strong, and just wait for that action to happen. Betting on Politics is a lot more than just whether you'll win the bet; it's also about when you place it. Can pawn kill king in chess.
If you wager early, you may get much better odds.
Lets look at Ohio Governor John Kasich's odds to win The Presidency in 2020. Right now, he's sitting at +6600 right now. Of course, if the current President runs in 2020, there will be a G.O.P. primary challenger, and more likely than not, it will be someone like John Kasich, a Republican that's already won Ohio twice (and was a Representative there before) and he's been pretty consistent on his criticism of candidate and now President Trump. He's taken a tough stand on Charlottesville, VA, and he was the runner up for the G.O.P. nod in 2016. He also accepted Obamacare's medicare expansion, and has a much softer tone that may be what the electorate is looking for in 3 years. I'm not endorsing (I made pretty much the counter argument for Terry McAuliffe here), but know that these odds are what the bookmakers think right now.
Kasich's odds will likely be no where near where they are right now in a year, much less 3. Confirm your bet now, bet $1,000 on a Kasich presidency and you're right, you'll win $66,000 Wait until he wins the Republican nomination in the summer of '20, and the odds go down to +250, you'll still win $2,500. That isn't a bat return, but considering your timing made a 63,500 difference, timing your bet when you think the odds are right is a large part of the equation when you're considering political betting
Political Betting is like Horse Racing….If a Race lasted 2-3 Years
Since you can find political wagering in the sportsbook section of most online gaming houses, I thought I'd offer my opinion on what I think the closest comparison between political betting and sports wagering. To me, at least the technical aspects of the wagering process, of wagering on politics is more like Horse Racing than any other sport.
In Horse Racing, there's a large number of competitors, each with their own reputation and statistics. The smart Horse better knows which horse is the fastest, statistically, for the expected weather, track type and condition. They use data to narrow the field, and then make a decision on where to place their wager. What they can never account for is the unknown variable. A horse can have an minor injury that's unknown to the media and even trainers that slows the horse a fraction of a second. Maybe the horse that's usually quickest out of the gate had a bad start and can't get that lead-time back. It's never a sure thing, but if all the things I mentioned before happen and and another horse wins with higher odds, another better used the same data and came to a different conclusion.
Politics is the same. There may be 20 horses in the Presidential Race by the end of 2019. As the race moves forward into 2020, leaders will emerge, and some candidates fall out of contention. One candidate faces another in the final stretch, and though the odds may be less volatile, things can happen, a sudden burst of support from an unlikely event or a candidate may trip. There's never a sure-thing in politics, just like horse racing. Conservative talk show host Erick Erickson even calls his pre-election analysis as a horse race.
How To Wager Real Money
First, join a betting website that features Sportsbooks. I recommend BetOnline.ag, Inertops.eu or Bovada, but there are many more out. I know the ones I mention are legitimate gaming houses, so if you use another one, just do your research
Deposit some money – the sites I recommend accept both credit cards and bitcoin for U.S. players. Mybookie prop builder. If you're unfamiliar with the most popular cryptocurrency, my friends over at Best Bitcoin Exchange explain that 'A bitcoin exchange is a place where you buy, sell or trade bitcoin. You can buy and sell bitcoin with normal money like $USD or Euro's. Or you can trade it for other cryptocurrencies like Ethereum, Ripple, Dash and hundreds upon hundreds more. (source). '
Where Can I Bet On Politics Online
Once you've made your deposit, find a card you want to bet on and place your wager. Watch history unfold, and if you're bets were winning ones, collect your bounty.
See All Guides
Betting on politics is a subject nearly as complex as politics themselves. No doubt, interest in political betting is sharply on the rise as politics increasingly dominate both the broader media landscape and everyday conversations.
These days, election odds and the way people bet on key races is even used by political scientists and pundits in their attempts to predict the outcome of key races and elections.
This guide covers everything you need to know about betting on politics and elections.
Is Betting on Politics Legal in the United States?
Many sportsbooks licensed around the globe offer the opportunity to wager on election outcomes. However, no legal sportsbooks licensed in the United States are currently allowed to offer odds on politics. When it comes to the American market, the election odds you see on SportsBettingDime.com are for entertainment purposes only.
The regulation of all betting-related matters in the US is left up to individual states. In theory, any state could eventually authorize betting on election outcomes or other political developments. That said, it seems unlikely that state regulators will embrace political betting outright. There's simply no appetite for anything that could call the integrity of elections into question, and antiquated perceptions of gambling are never far from the mind of a certain subsection of politicians and rule-makers.
Political prediction markets work a bit differently than traditional sportsbooks, but they do offer a legal option for Americans wondering how they can bet on politics. Luckily, would-be political bettors in many other countries around the globe are free to wager on the next President or other major political developments directly at their online sportsbook.
Types of Political Betting
There are two main ways to bet on politics: prediction markets and online sportsbooks. Learn more about each of them below.
1. Try Prediction Markets
Prediction markets pose 'yes' or 'no' questions to traders, such as:
- Will Donald Trump run for President of the United States in 2024?
- Will Tucker Carlson announce his candidacy for President?
- Will Michelle Obama become the first female president in 2024?
Traders buy 'yes' or 'no' shares related to each proposition. Just like the stock market, the value of these shares shifts with supply and demand. If your predicted outcome happens, the futures market will pay 100 cents on the dollar, and zero if it does not.
Prediction markets have long been allowed in the US, in part for the valuable insights they provide to social scientists. As traders buy and sell shares, researchers gain insight into public perception of candidates and the events surrounding them. People buy shares according to their expectation of what will actually occur, not just what they want to happen. As a result, prediction markets provide real-time insight into how campaigns are performing over time.
2. Betting on Politics at Your Online Sportsbook
Many bettors outside the United States have the option of wagering directly on election outcomes and other political events at their sportsbook of choice.
Political props at the sportsbook look much the same as other props you'll see related to sports and entertainment.
Here are some common political prop bets you can expect to see:
Odds to Win the 2024 Republican/Democratic Presidential Primary
This prop asks you to select the eventual nominees for either the Republican or Democratic ticket for the 2024 presidential election. It can be advantageous to put your bets in early on this prop, as more options in the field lead to longer odds and a potentially higher payout if you make the right call. Whenever you place your bets, remember that the money you wager will be tied up until the outcome is decided.
Betting Sites For Politics
Odds to Win the 2024 Presidential Election
As the name suggests, this prop concerns the overall winner of the 2024 election. Most sportsbooks list individual candidates, but may also have spin-off props like: Home of betting.
- Which party will win the 2024 Presidential Election?
- Will a man or woman win the 2024 Presidential Election?
Odds to Win the Popular Vote
Betting lines on the popular vote typically appear one or two months out from Election Day. Though the popular vote does not determine the actual results of US presidential elections, there is generally a lot of talk surrounding who wins.
Odds to Win a Specific State
The truth of American elections is that some states are far more important than others. Expect to see betting lines as to who will win key swing states start surfacing early on in electoral races. Winning a swing state can make or break a campaign for candidates, so this type of line can be a particularly exciting one to bet on.
Odds on Candidate Antics
Many sportsbooks also offer props on candidates doing certain things; this past cycle, you could find odds on how many times Donald Trump would say certain phrases during the debates.
Get Started with Political Betting
If you've never placed a bet before, our betting guides are a great place to get started.
The process is not nearly as intimidating as all the numbers and symbols make it appear, and political betting can be an exciting (and potentially lucrative) way to put your knowledge to the test. Of course, you'll need to limit yourself to betting at political prediction markets if you live in the United States.
Of course, you'll want to perform enough research to make an informed wager whenever you put money on the line. There's no shortage of punditry and opinion out there when it comes to predicting election outcomes, so take the time to carefully filter information and try to cut through the noise.
Naturally, it pays to keep your own political leanings out of things when betting on politics. Bet with your head, not with your heart!
