While political betting hasn’t always been as popular as it is today, there’s no questioning the fact that political betting markets have made their way into the American mainstream. Some of the more prominent news organizations in the world commonly cite the latest presidential betting odds when covering the race for the White House. Political Betting Odds - Betting On US Elections. Betting on elections in the United States can be a profitable and fun endeavor, and an interesting way to get involved in the political process, if a little.
- Political Gambling Odds
- Political Gambling Website
- Political Gambling Site
- Betting On Political Outcomes
While most people generally connect betting with the world of sports, the industry has gone through changes in recent years to where that notion is now changing. With the rise of social media involvement in the world of news and entertainment, certain things are being wagered that years ago never would have had a place at the betting window, such as betting on politics.
With both the political climate and gaming industry as hot as they have ever been, the two are now reflecting each other as a way for citizens to get involved in presidential races while using political betting sites to make a little money based off of their predictions.
Betting Site | Bonus | Bet Now | |
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1 | up to €30 Free Bet | Go to Site | |
2 | 22Bet | 100% up to €122 | Go to Site |
3 | 100% up to €200 | Go to Site | |
4 | 10Bet | 100% up to €50 | Go to Site |
5 | 100% up to €50 | Go to Site |
Like betting on sports, political betting has several techniques and factors that vary depending on the situation and the value that is being shopped.
Best Political Betting Sites
As one gradually becomes more familiar with the processes and underlying factors of sports wagering they will realize that being able to trust the betting website they are on is one of the most important stages.
This is where another connection to the sports world comes into play, an online sportsbook (particularly the sites we recommend) often always have political odds posted, illustrating that the bookmaking process for both sports and politics is handled by the top industry professionals.
Betting on elections outcomes has grown so much in popularity that there are even instances where political betting steals some of the spotlight from the sports world, as the appeal is generally much more widespread when compared to sports.
The two very much benefit off of each other, as online sportsbooks give political betting a forum to exist in, where as the novelty of betting on elections and politicians draws in bettors who are not sports fans and would otherwise not be on that website.
Different Types of Political Betting
Odds to Win/ Future Bet: As if you were betting for this year’s Super Bowl or Heisman Trophy winner, this type of political bet involves wagering money on a listed moneyline price off the simple premise of who will win.
- Example: Andrew Yang is +1450 to win the 2020 Presidential Election
- Example: Elizabeth Warren has +200 odds to become the Deomcratic Nominee in the 2020 Presidential Election
Political Prop Betting: Like a sports prop, these are situation-based bets that are booked based off of potential results of an outcome. A price is given for both possible results of the prop listed, with the favorite being the more likely of the two results.
Example: Will Jair Bolsonaro complete his first presidential term?
- Yes (-300)
- No (+200)
Head to Head Bet: Comparable to the most well-known type of sports wager, this political bet features two opposing sides with odds attached to each. With this, one side is booked at favorite money with the other coming back with dog money. The bettor then chooses the side they believe will win, and if successful their resulting payout will be based off of the odds that were listed at political betting sites.
Example: US Presidential Election 2020 Winning Party:
- Democratic Party (-115)
- Republican Party (-115)
Political Props
Political prop betting has seen a huge spike in interest in recent years, predominantly do to the fact that it gives people a multi-layered scenario. Much like a football game, being able to bet on a hypothetical outcome of a real life situation leads to more opportunities to both walk away with money and find leisure in your political betting. Because of this, betting props is often considered a strategy all its own.
Here are a few examples of political prop bets:
Political Gambling Odds
Will Donald Trump be impeached and removed?
- Before 2020 Elections- Yes (+175)
- Before 2020 Elections- No (-250)
Will Donald Trump be elected to a 2nd term as POTUS?
- Yes (-230)
- No (+160)
Who will be the Republican nominee for the 2020 Presidential Election?
- Donald Trump (-800)
- Not Donal Trump (+500)
What Political Events Can You Bet On?
Once the “why” and “how” are clarified when considering political betting sites, the “what” becomes the focus as one must shop for not only a price that interests them, but a play.
Those who feel they have a tip on the local/regional scene may be more likely to bet for smaller elections, while the 2020 Presidential Election is going to be played more casually and frequently, especially as the race gradually tightens. Here are a few examples:
US Presidential Election
The most popular election to bet, odds are frequently posted and changed as stock for candidates rises and falls throughout the race. Handle naturally increases closer to election season when candidates become more solidified and political betting season is in full swing.
The 2020 Presidential Election currently has action on various political betting sites and will add more situational props and altered odds as the election gets closer. There have already been several odds changes due to debate performances, public reception, and late entries into the race.
US Congressional Election
Not as popular on the political betting spectrum, there is still occasional handle that pours in for these. Those who are politically informed often have the know-how to handicap these less popular but still highly important, elections. Given how these are dependent on the state itself, Congressional Election bets are far more regional than national, as they lack the appeal of the betting on the Presidential Election.
The 2020 Congressional Election will see increases in action as the public grows more in tune with the House of Representatives nominees, but for now, value will be harder to find and odds will not be as sharp in lieu of the more popular Presidential Election.
Other Examples of Political Betting:
- British Parliament Election
- Referendums (Example: Brexit)
- Australian Parliament Election
- London Mayoral Election
Political Gambling Website
Is Betting on Politics Legal?
Yes, it is allowed, regulated, and now live in many places. For United States residents, the safe political betting sites that we endorse are trustworthy, tested, and legal.
Depending on your location, you may not have the ability to place a bet on websites that are owned and operated by land-based sportsbooks, as the legalization of sports betting is state-based.
However, this has to do with the operation of the sportsbooks themselves, not any potential customers. So even if gambling is not legalized in your jurisdiction, that does not mean you can not make a bet online from the comfort of your home, regardless of location. This convenience is a big reason why mobile betting apps have exploded in popularity in just the past few years.
If the proper precautions were taken (making sure you signed up for a trustworthy site, have confirmed money in your account, etc…), you will have the green light (barring any technicalities) to bet without legal concerns, as the top political betting sites we utilize are not in the United States, making state-by-state control irrelevant.
Political Betting vs Other Types of Betting
Political Gambling Site
There are parallels with betting politics and sports just as there are connections all throughout the gaming world.
As one becomes more informed and experienced however, noticing key differences becomes much easier. In political betting, less focus is placed on past results and more emphasis based on a candidate’s realistic chances.
This is due to the fact that it is hard to create a winning formula for something that is heavily based off of subjective opinion. The election of a president for example is a selective process, while a football or basketball game is not up to a vote by the population, but determined by athletes competing against each other with the intention of winning.
This is why when wagering sports, the concept of betting strategy becomes a thing of great importance and pride, as bettors often believe their strategic methods lead to a winning formula.
This takes a back seat in political betting. Yet, the baseline knowledge and the application of it in terms of making a bet are still very similar in sports and political betting.
This is why if a patron can grasp the simple concepts of odds and what purpose they serve, they will be able to crossover between sports, politics, and other fields pretty smoothly assuming that the knowledge and desire to bet are there.
Frequently Asked Questions
Can You Really Make Money Betting on Politics?
Yes, if you time it right. There are enough bets posted to where a patron can clean house if they have handicapped the odds correctly. However, unlike sports, politics operates on a far more time-sensitive basis as there are only certain points in the calendar year where it holds relevance.
So in order to make money you must pick your spots wisely and understand the concept of value. If these are understood by the bettor, then money can consistently be made as at that point it is just applying basic gambling principles to a different topic.
How Do I Know if a Political Betting Site is Shady?
In the same way you can tell a sports gambling site is shady. At the end of the day, the bookies posting action on politics are the same people booking sporting events, so their business models and practices will very much be identical, especially when you consider that the majority of the best political prices are found on online sports betting sites.
How Can I Place a Bet Right Now on Donald Trump to Be Impeached?
A play like this serves as a type of prop bet that is found on many of the online political betting sites we have tested. In order to place money on it, make sure you have an account on the website of your choosing and have deposited your money.
As long as these boxes are checked, you will then have the freedom to bet on the aforementioned prop and several other president-related specials currently available. This prop is specific to current headlines in the news cycle, so availability of props bets like this is very much dependent on the individual who is being booked in said bet and what they’re currently dealing with. As shown earlier, this exact prop is currently on the board at MyBookie.ag.
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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.
Betting On Political Outcomes
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.
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. 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). ”
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.