Political Betting Website

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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.

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.

Next in line when it comes to the best US politics betting sites is BetNow. I’ve been using the sportsbook for a while and I’ve noticed that every mainstream event from the American political scene is available. BetNow has a legit license for offering real money gambling, and an excellent history among America players. Not all politics betting sites cover the same markets, so having more than one account gives you the largest selection of real money political wagers to choose from. Price shop Sometimes, you can find large pricing discrepancies between even the best political betting sites.

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

Uk political betting site

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.

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“There is no way Donald Trump is winning the election.”

How many times did you say that or hear someone say that in 2016? Surely no one in their right mind thought that Hillary Clinton could lose the Presidential Election to this guy, right? Well, there were a lot of people who truly thought this underdog could win, and if they were smart, they would have searched out a place to make a wager on that exact outcome.

Did you know that there is a significant amount of money being wagered around the world on politics? Throughout twenty years in the online gambling business, this area of betting has gone from a few sites willing to take action on anything to sites having full sections focused on political betting. On this page, we are going to lay out all the types of political bets you can make, as well as show you the best sites for finding the political bet you are looking for.

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Where Is the Best Place to Make a Political Bet?

There are a couple things to look for when it comes to political betting online. First off, you want to visit several sites to find the best odds on what it is that you are looking to make a bet on. We have compiled a list of some of our recommended sites for political betting above.

One factor to take into consideration is the location of the site offering the odds. It is more likely that a site based in the UK will have a better handle on British politics, and as a result may have more options when it comes to betting on the outcomes of elections in that country.

Political betting sites intrade

Another potential decision-making concept for political gamblers is what types of elections a site offers odds upon. If you relate this to traditional sports betting, you can find some sites that allow you to bet on minor league or division sports as opposed to the major leagues. For the purposes of political betting, this could mean finding a site that is taking action on the results of a Mayoral election as well as one of more national exposure like Prime Minister. These smaller-scale elections may provide better opportunities to find more generous odds for players.

Why Are People Betting on Politics?

The easy answer to this is that people will bet on anything if given a chance and the right odds. It is hard to say when betting on elections began, but it is likely that it goes back a few hundred years along with most sports gambling. Making a bet on the outcome of a political campaign is no different than making a bet on a boxing match, really. If you break it down, there are two opponents (sometimes more than two, depending on the election) who are trying to win a title. There are favorites and underdogs, and with that come odds of a candidate securing the win.

These days, with all the craziness going on in the world, especially in the United States, more people are turning to gambling on the future outcomes of political campaigns as a way of dealing with the emotions around the events themselves. As you will see a little further down, many online gambling sites are capitalizing on this trend by offering a wide array of bets on the political moves of countries around the world.

What Types of Bets Can Be Made on Politics?

Politics Betting Website

This is where we have seen the most changes in the political betting landscape over the last few years. Online gambling sites are dedicating more time and effort to the sport of politics, and this means that there has been a significant increase in the number of betting options for the public. Let’s look at a few of the most popular types.

1. Straight Bets

These are the standard bets on which candidate or party will win an election. In some cases, you will be able to bet on a political party winning the next election even if they haven’t chosen a leader yet. For the majority of straight bets, however, you will find odds on each of the election participants, and you will make your selection on who you think will win. If that candidate wins, you get paid!

These types of bets are similar to moneyline bets in sports. You pick a winner and based on their handicapped odds, and you are paid based on the line the site puts up. Again, as some sites may pay more attention to this than others, doing your research is important as you may find significant swings in the odds from site to site. Finding value in these political bets is what can make them a profitable venture.

2. Spread Bets

These types of political bets are not focused on which candidate or party will win the election, but by what margin. This is similar in nature to spread betting on sports. While you know the Golden State Warriors are going to beat the Brooklyn Nets, in an NBA game when you are spread betting you will have to bet that they are going to win by at least certain number of points.

To convert that to betting on elections, let’s look at the 2016 US presidential election. You might have found the following bets available:

  • Clinton -2,000,000 in the general election
  • Trump +1,900,000 in the general election
  • How many electoral votes will Clinton beat Trump by?
  • How many electoral votes will Trump win by?
  • How many seats will the Democrats win by?

As you can see, this would allow you to bet on a candidate without having them win the actual election, similarly to an underdog covering the spread. With straight bets, your choice would have to win the election outright. This gives you a different way of betting on the outcome, which appeals more to someone who isn’t entirely sure who the victor will be.

3. Prop Bets

Prop bets have become more and more popular in the sports betting world over the last decade. Rather than requiring an outcome of an event to take place, prop bets allow someone to make a wager on other aspects. This can be applied to the world of politics as well, especially when it comes to some of the leading political countries around the world.

Political betting sites uk

Prop betting, as we mentioned, is not dependent on the outcome of an election. As a matter of fact, there doesn’t even need to be an election to make a prop bet on a political figure. Let’s use the US as an example. Here are some prop bets you could find or may have found in the past about American politics:

  • What will be the official weight of the President announced as after his physical?
  • How many days will Donald Trump be President?
  • What will the age of the Democratic Candidate for President in 2020 be?
  • How many times will Trump say a particular word in a State of the Union speech?
  • Will the President be impeached?

All of these types of prop bets would come with two options (for example, for the weight bet it could be Under 240.5 and Over 240.5) and in most cases, the odds are the same for either side of the bet (-110). Prop bets are more for entertainment purposes than anything, and what could need entertainment added to it more than politics these days, right?!

Can You Be a “Sharp” Political Bettor?

Of course you can! As we mentioned, one of the easiest ways to give yourself an advantage when it comes to political betting is to shop around. You will most likely find slightly different odds on a particular bet from book to book. As there won’t be the same type of volume of bets on elections as on sporting events, the lines have to move so sites can protect themselves.

Betting Site For Politics

Another thing to look for is the betting limit on any individual political wager. If you are sure of an outcome, then you want to find a site that has high limits for these types of bets. In most cases, you will find smaller limits for political bets than traditional sports wagers, as the sites don’t have a team of political experts on staff. A sharp bettor will find the highest limit to go along with the best price before putting any money down.

Now, when it comes to being a sharp bettor from an information standpoint, well, that’s a different concept altogether. There are thousands of journalists that would likely consider themselves to be “experts” on the topic of politics, but how many of them would have picked a Trump victory in the 2016 US presidential election?

Sportsbook Presidential Election

We would say that being an insider definitely helps – maybe you know a Senator or someone who works in a Mayor’s office. That type of inside information can definitely make a difference when it comes to finding the diamonds in the rough. In that way, it is very similar to horse racing, as many times someone working in the stables will come across the inside scoop on a particular horse.

Political Betting Site

Conclusion

Political Betting Website

There is no doubt that the appetite for gambling on politics has grown over the years. These days, you can find any number of sites offering odds on all kinds of elections across the globe. However, to make political gambling a profitable venture, you should be doing your research not just on the candidates and campaigns, but on the sites offering these bets. A little bit of time spent searching out the best odds can make the difference in how much you can win when you are ready to make your bet, and isn’t that what it is all about?