Politics have been with us since democracy was first invented in Ancient Greece and jockeying for power at the courts of the Pharaohs probably preceded that. Today we have Brexit to occupy our thoughts and if that were not enough there is the character occupying the office once held by Kennedy, Roosevelt, Lincoln, and George Washington. While many folks will fret over the daily news and political turmoil, a punter can easily make a few quid by paying attention and placing the right wager.
There is no shortage of political events to bet on, but finding someone to give you odds on a given wager may be difficult. Consult the Betopin toplist for the best political betting sites and look at the various betting platforms for ideas on how you can place a wager when your favourite sportsbook will not give you odds.
To keep track of local politics you only need to watch the news or read the online newspapers. Politics are like sports in that many people have strong opinions and causes that they support. But, their strong opinions often cloud their judgement when it comes to placing a wager. A smart punter puts his or her allegiances aside and places a wager based on their best analysis of the likely outcome. Because of the frequency of “upsets” in politics, this can be a great place to bet. But, first of all, check the Betopin toplist for the best politics betting sites.
How to Successfully Bet on Politics
Like major sports, politics has major events. Think of the U.S. Presidential election like the Olympics as it happens every four years. The term of office in the U.K. is five years, which would be a relief for many, but a no confidence vote in parliament can bring on elections at any time. Political events like the Brexit have no schedule for their appearance, resolution or evolution into something different. The punters who have the most success in politics betting are those who follow the world, national, and local news as closely as they follow the teams in the Premier League or their favourite rugby or cricket club.
Just like in sports, politics has its teams (political parties) and its star players (Prime Ministers and Presidents, ambassadors, and opposition party leaders). Knowing how a prime minister deals with his or her cabinet, the issues of the day, and foreign leaders will give you an advantage over other punters when it comes to politics betting.
There are betting sites where you can make bets related to politics and there are wagers that may be hard find. Thus, knowing about other betting platforms like betting exchanges and sports trading sites may be useful in order to find someone to take your bet in politics betting.
The nations who political events you can routinely be on include Denmark, the EU, France, Germany, Sweden, the USA, and the UK. While UK betting has to do with the general election, politics betting in the USA includes things like the parade of Trump advisors and appointees who come and go.
As always, consult the Betopin toplist for the best politics betting sites.
Betting Platforms
The same betting platforms that punters use for wagers on the Champions League work just as well for politics betting. Most wagers generally occur through sportsbooks where they offer specific bets at set odds. For many, this is the best route to take because of the interest in the bets that the sportsbook has chosen. As with sports betting, the odds often shift as a major political event approaches such as a general election. The increased interest in betting at this time tends to skew the odds. Smart punters can take advantage of this fact by betting based on what they know and not on what they would prefer the outcome to be! For wagers that a sportsbook may not offer, other betting platforms may provide what you need and a better profit as well.
Politics Betting Exchanges
If your favourite sportsbook does not offer a wager that you want to make, a good option is a betting exchange. An exchange does not set the odds. It takes a fee for setting up the wager between you and another person. This platform might be very useful for a UK resident who wants to bet on a general election somewhere in the Commonwealth when that wager is not available on a sportsbook.
Politics Betting Sportsbooks
Sportsbooks are where most people do politics betting. The odds are set based on the sum total of wagers and may shift as betting progresses. When a UK general election approaches, many will choose to bet for the party they want to be in power instead of who they think will win. A wise punter will place their bets based on who is likely to win and can do quite well at such times. We expect that as the US general election approaches that interest will be huge in whether Trump will win another term and this will provide extraordinary betting opportunities in politics betting. Other betting options will be the continuing change in the cast of character in the Trump administration as the “president who would be emperor” hires and fires based on the mood of the moment. Using the Betopin toplist to pick the best politics betting sites is especially important for sportsbooks.
Politics Spread Betting
Spread betting is common in things like horse racing but can be used for politics betting as well. For any of the nations for which politics betting is offered, there are typically several ways to apply this type of wager in a general election. The more candidates running for an office like president, the more attractive will be this wager. With spread betting, you are betting against the spread and not for fixed odds.
Politics Betting Sports Trading
A “sports” trading site may be your best way to profit in politics betting and walk away with a few quid even before the election results are announced. On a trading site, you can back a bet which is how you make a bet on a sportsbook. Or you can lay a bet which what the sportsbook does. Or, you can do one and then the next. The fact of the matter in politics betting is that the odds change. For example, the campaign for the US presidency now goes on for at least two years. Right now former Vice President Biden leads Donald Trump in the polls asking “who would you vote for if the election were held today.” Thus the odds of Biden being the next US president are favourable. But, polls change and odds change. A smart punter will place a few wagers early in the campaign and when the odds change over time they will lay off that bet for a profit long before the election takes place.
The Most Popular Politics Betting Markets
The world is a big place and there are lots of potential political bets in many nations. There are bets at the national level, local level, and even international level with positions like the UN Secretary General. But, for a punter who wants to make a profitable wager, not all possible wagers are offered on all politics betting sites. For bets that fall outside of the normal range, considering using a betting exchange. Here are the most popular betting markets.
Politics Betting on Major General Elections
Australia
General elections in Queensland, Victoria State, and West Australia elections are all available wagers, many with favourable odds.
Denmark
Two wagers are commonly available for Denmark, winner of the general election and the date when the government is presented to the queen.
European Union
EU parliamentary elections are available wagers as well as the next EU commission president.
With the future of the EU being a question, an available wager is which nation will be the next to vote to leave the EU before 2022.
France
Odds are currently available for the 2022 French general election. This is like the US electoral campaign in that the aspirant for office may rise and fall in the polls and their odds change significantly between now and Election Day. Smart punters may use a trading site to back and then lay off a wager for a profit long before the next French president is elected.
Germany
Power is up for grabs in Germany in the “post-Merkel” era. While the CDU/CSU coalition is likely to win, profitable bets could be made on the eventual spread of on a sports trading site.
Sweden
The Social-Democrats are likely to win the next general election but spread bets and sports trading could be good ways to profit.
USA
There is a wide range of betting options in US politics including the presidential election, who will control the House of Representative and the Senate, if there will be a new Supreme Court justice before the next election, and much more. Some of the “fun” bets include which Trump appointee will get the axe next and when that will happen!
United Kingdom
Politics betting for the UK includes the general election, the next Prime Minister, the next leader of the Conservative Party, if Jeremy Corbyn will leave as Labour Party leader, and if there will be another EU/Brexit referendum before the end of the year.
With all politics betting, the choices of betting market, betting platform, and betting site are important. Be sure to check the Betopin toplist for help.
Conclusion
If the first news of the day you look for has to do with politics rather than who is leading the Premier League, or if you are simply interested in betting on politics, there are many ways to wager on the political events of the day. To do this profitably, you need to pay attention to the politicians, the political parties, and the events of the day. Choosing the right betting market (specific bet) and betting platform are both important. Then make sure to check the Betopin toplist for the best betting sites for your specific politics betting.
Betfair
Spreadex
Sporting Index
BetDaq
Matchbook
Spreadex
Karamba
Sporting Index
William Hill
