Bet On Political Events

Gambling in America used to be heavily regulated. Back in the 1980s and early 1990s, betting on politics was a growing industry, just like it is in sports. But former NBA star Bill Bradley, who. People think that only sports can be wagered on, but you can bet on Politics on a regular basis. Whether it is the next U.S. Presidential Election, U.S. Congressional races, or elections in other countries, you can make your bets on Politics at BookMaker.

Betting on politics isn’t new but it’s never been as popular as it is today. Partly because of the volatile nature of world politics right now and partly because of the breadth of political betting options open to the casual punter, we live in a golden age of political gambling, but just where do you start? Well lucky for you Vote Stoat have everything you need to get political betting right so take a look through our handy in-depth guide and find out how to bet on politics here.

First things first, what can you actually bet on? You might think that outside of election season it’s a pretty limited market, but you’d be wrong. These days bookmakers will offer you odds on all kinds of political events and outcomes, from major events such as a UK general election or US presidential election, through to individual parliamentary votes in the commons (UK) or congress (US), alongside by-elections, political party leadership contests and referendum outcomes. You can even bet on things like voter turnout or when a politician will leave their post, so the possibilities are almost limitless.

Given the wide range of political betting markets that are available to the modern punter you’d be forgiven for finding the bewildering array of opportunities too daunting to persevere with, but once you’ve got a handle on the basics you’ll soon find that possibilities mean prizes!

Once you’ve determined what you’d like to bet on you’re going to need to find a bookmaker to take the bet. Gone are the days of having to request odds on a given outcome from your chosen bookie because these days there are numerous reputable online bookmakers with up-to-date odds on betting markets within the realm of politics. In fact so competitive is the industry right now that it’s very unlikely you’ll find betting providers that don’t offer odds on political events, which means you can pick and choose which bookmaker you’d like to bet with. Who you choose may eventually come down to a variety of different factors but most people will be swayed first and foremost by getting the best odds.

At Vote Stoat we compare odds from all the major players in the world of political betting so you can ensure you’re getting the best price on the outcome you want to back. What’s more we’ll keep you updated on promotions and offers from the top betting sites, so you get the most bang for your buck, whether through free bets and credits or via special offers such as odds boosts and money back deals. We’re not tied to any one gambling operator, so we can always deliver you the very best offers available online right now, saving you from having to check on every site’s odds and offers to find the best opportunities.

Different bookmakers have different strengths, though the first consideration for the political bettor should be to choose whether you want traditional fixed odds on an outcome or you’d like to bet on a spread. Certain political betting markets lend themselves particularly well to spread betting, such as the number of seats won in a general election by a particular party or the number of votes a bill might get in parliament. Spread betting differs from more traditional fixed odds betting where you back an outcome and win or lose a fixed amount depending on whether you called it right or wrong, and if you’d like to better understand this take a look at our guide: How to Spread Bet on Politics.

For a more typical bet such as picking who you think will be the next US president, you can check the latest next US president odds here at Vote Stoat and compare which bookmaker will give you the best odds on your chosen candidate. Better odds mean bigger winnings if you’re right so it pays to compare political odds and if you don’t already have an account with the bookies with the best prices you can simply sign up and take advantage of any exclusive promotional offers we’ve identified for you right here on the site!

So, you’ve decided what you want to bet on and you’ve checked out Vote Stoat’s odds comparison page for that market to see where you’ll get the best price. Let’s say bookmaker X will give you odds of 6/1 (or 7.0 in decimal odds) on the X Party to win the next UK general election, so you sign up for your account with that bookie and take advantage of the new customer sign up offer we’ve found for you. Once you’ve signed up (and it should only take a few minutes) you simply deposit and choose how much you want to stake on your bet. If you want to calculate your possible returns before placing your bet, you can use our handy betting calculator.

Make sure you double check the market you’ve chosen is the market you want to bet on, particularly as with political betting there can be similarly named markets that are actually different from one another. For instance, a market on Next US President is not the same as US Presidential Election Winner 2020, so ask yourself if what you’re backing is what you intended to back!

Once you’re happy with your market, you’ve signed up with your preferred bookmaker and you’ve deposited your funds, enter your stake and confirm to place your bet. That’s it, you’re a political bettor! Follow the latest political developments here on Vote Stoat up until the day the outcome will be decided then collect your winnings if you’ve called it right.

Some bookmakers offer a cash out facility whereby you can settle your bet early, before the outcome is known, for a value less than the potential winnings would be. It is common in sports betting where a punter might back a team to win and then cash out their bet once their team has taken the lead to guarantee a return, without risking the end result going against them.

With political betting, cash out (where available) works in a similar way, so if you’ve backed an electoral outcome and on the day of that election results start coming in that suggest your bet will pay out, you might find the bookmaker offers you a sum greater than your stake but lower than your potential winnings. If you’re getting nervous that your bet may not pay out in the end you could take the cash out offer and avoid nervously awaiting the final outcome to see if you’ve been successful or not.

Get on over to our latest political betting odds comparison page and find the markets you’re interested in. Or why not check out all our bookmaker reviews to help decide which bookmaker will give you the best political betting experience?

Many people might not think that a lot of people bet on political events and outcomes and that it’s a complete waste of time. What many don’t know, is that there is much money to be made in the increasingly large world of political betting. Bookmaker online and around the world have added political betting markets due to its popular demand.

Because there is always some sort of election or congressional nomination going on in the world bets are pretty popular. The most popular of these bets is the US Presidential race that in the past few years has been tight. The great thing about online sports books is that not only can you bet on your favourite politicians but you can also bet on outcomes around the world. Below we will discuss the different odds and betting types for political betting and go through some examples of each. First, let’s take a look at the best websites for betting on the political events, including the US presidential election.

Gambling On Politics

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How To Bet On Politics

Betting On Political Events

When it comes to betting on politics, there’s really only two types of bets you can make including the straight up and money line bets. Since the scope of politics is narrow in comparison to other sports you will see most bookmakers only offering these two types of bets which we’ve outlined for you in detail below.

• Straight Up Bet: The straight up bet is usually the most common type of bet that one would place when betting on politics. This bet is basically a wager on who will win a certain election or riding. The odds would be given to each candidate before the end of the elections and its up to you to bet on who wins. The favourite to win will have lower odds and the underdog will have higher odds. An example of this is during the 2010 US Presidential race Barack Obama had odds of 2:1 which meant that for every dollar you put down you would get $2 back. As for Senator McCain, his odds were 4:1 so that every dollar wagered to win would result in $4 back. McCain had a chance to win but Obama was the favourite and paid less.
• Money Line Bets: Another type of bet is a money line bet which is a wager on how much a certain candidate would win by. For example using the 2010 US Presidential race, if one was to wager that Obama would take at least 50% of all the states that would be considered a money line bet. These bets are quite fun as you can bet straight up on one candidate and bet on if another candidate would take a state.

Major Political Elections

• Presidential Elections (US): this election is probably one of the most popular and most watched across the globe. The person that takes office is usually considered one of the most powerful people in the world. There is a lot of excitement surrounding the primaries and the final election between the two parties in the US. This is also a great time for bettors to make wagers as it adds to all the excitement. The elections happen every 4 years and occur in October/November, with the winner being elected President of the United States and moving to the White House.
• Congressional Elections: Not all sports books carry these elections but Congressional elections are also very popular to bet on in the US. Certain races like the governor of California (Arnold Schwarzenegger) were very highly covered and many sports books placed bets.

Tips for Political Betting

How To Bet On Politics

The best way to become really good at betting on politics is to become very good at predicting the popularity of each candidate. External factors that come into play are scandals and death which are really hard to predict. The leading and most popular candidate can change from day to day and this was evident in the US primaries where Obama beat out Hilary Clinton. Many people had their money on the Hill Dog as the one to win it. Political bettors also must keep abreast of the so called “temperature” of a candidate as they are running for office. Politics is very dirty and ruthless and it all depends on the image of the person running and they have to be squeaky clean in order to pass through popular opinion.

Political Gambling Site

The best way to keep track of your lucky candidate is by using the internet. It is one of the best ways to have instant updates on your candidates and their competition. Usually when information is leaked its on either a blog or a very big internet site. News programs such as CNN and others are great for keeping track of up to date facts and have great access to public opinion polls. Using these types of media will not always help you pick a winner but it will give you the most up to date standing of each of you candidates. The online sports books will usually offer the best odds on the underdog candidates. For bettors looking for more risk and a higher payout will like to bet on the underdog.