Political Betting – Sit on the First Row
Today’s world has never been more dynamic and unpredictable. Political events can be seen everywhere, and historic decisions can be made on social media. Political betting is often perceived as more exciting than traditional casinos because the stakes are very high. Not only do we put in our money, but our beliefs. Read on to learn everything about this intriguing form of betting.
In this blog post, we will cover the most important aspects of betting on politics. History, political betting markets, best sites, political betting odds and more. Stay tuned as we will also uncover a very interesting story of a man who took advantage of the political betting odds and won 19,000$.
What is Political Betting?
Political betting is a form of gambling where players can dial up their predictions in order to forecast the results of elections and other political events. Participants in this type of betting can invest in their political beliefs, gamble and feel more engaged in the exciting process at the same time.
Placing bets on your political forecast is often compared to sports betting. It is the complete opposite of RNG games like slots because the result is strongly dependent on a huge number of factors. However, this does not make political betting predictable, and its results can also be a bit “random”. That’s why we advise you to always gamble responsibly.
Political Betting Market
A political betting market, just like sports betting markets, is created for the purpose of trading on the outcome of events. Anything punters can trade on is a political betting market. Opposing to what many believe, elections aren’t the only thing players can wager on. We conducted a detailed list of the most common political betting markets punters can wager on:
| ✴️ Presidential Elections in the US | This is a simple spread betting market on which party will win the most seats at an election. |
| ✴️ Most Seats Index | Wager on the total number of seats a particular party will secure at an election. |
| ✴️ Seat Spread Betting | When an election takes place, it allows you to pit your wits against traders by predicting how many seats a particular party will win. |
| ✴️ Party Share of Vote | Allows you to predict the percentage of the vote that a particular party will secure. |
| ✴️ Next Prime Minister | Bet on who might become the next Prime Minister. The interesting thing about this fixed odds bet is that it is always open. The favourite candidate is always the opposition leader. This market is most popular in the UK political betting world. |
| ✴️ Next Country to Leave EU | Players can bet on the next country that will leave the EU. The frequent punters that bet on this are usually Eurosceptics. |
| ✴️ Resign Date | Many high-stakes players use this political betting market to predict the resignation date of their least favourite politician. |
| ✴️ Republican or Democrat? | Many political betting platforms let you guess if a Republican or Democrat will win the election |
The most popular political event people like to wager on is the day when Americans choose their next President. As this event is highly talked about all over the world, and its outcome may affect other nations, players from numerous countries like to participate.
UK political betting focuses mainly on who is going to be the next Prime Minister. As Boris Johnson is not exactly everyone’s favourite politician, many punters often bet on his resignation date.
Country Politics Players Can Bet On
Punters that want to experience the thrill of gambling on politics can do so by betting on pretty much every country’s political scene. We prepared a short yet informative list with the most popular choices:
- Unites States of America – Bet on Impeachments
- Europe – Bet on the Next German chancellor
- Australia – Bet on the Next President
- United Kingdom – Bet on Resignation Date
Thanks to online political betting sites, Australians can wager on the outcome of a UK election. Americans can place their stakes on the next German chancellor etc. The best thing about political betting is that punters can “put their money where their mouth is”.
Political Betting Odds – Potential Winnings
Just like in sports betting, political betting odds can vary drastically depending on the likelihood of a certain event outcome. Unpredictable events like someone’s resignation and impeachment have odds that are preferred by high-stakes players. However, with knowledge and a little luck, punters can still grab some nice winnings.
Just like this man from Washington, DC, who did thorough research and managed to win 19,000$ from online political betting. He took into account things like the economy, polls, COVID cases, and senator decisions, put them into spreadsheets and did the math. In fact, his predictions, combined with the political betting odds, turned out to be more accurate than what a lot of poll agencies suggested would happen.
Best Political Betting Sites
Unfortunately, the operators that offer political betting aren’t that many compared to the typical online casinos. Political betting markets are usually integrated into sports betting ones. Luckily, we have a very detailed list containing all of the best online casino sites and many of them have their own sportsbooks. Check them out as they are very helpful.
Frequently Asked Questions about Political Betting
Here is a brief FAQ section with some very interesting and common questions about political betting. Make sure to read them carefully, as they are very informative.
