Many political betting websites are average. A small percentage of them are shady. And even a tinier percentage of them are considered the best.
Be honest with yourself. Could you find one of the best political betting sites on your own …and without spending a lot of your time and money?
Most people can’t, and most people can’t pull this off without accidentally joining a shady site determined to steal your bankroll. They don’t have the experience.
But we do. We’re in the trenches every day, testing, reviewing, and rating online sportsbooks and other real money gambling sites. We have been for more than ten years.
Our point? If you want to save yourself time, money, and the frustration of creating and closing several accounts before you find the right site for you, join one of the online politics betting sites we endorse instead.
How to Bet on Politics
Many online sportsbooks and bookmakers offer political betting markets these days. You just need to know where to look and the types of wagers to look for.
The first part’s easy — find the political, entertainment, or novelty betting tab and you’ll find the site’s options for gambling on politics.
We cover the second part in the following three sections. You’ll get an idea of how to bet on political events that the sites cover, the types of politics wagers you can make, and a few examples of what to look for.
What Political Events Can You Bet On?
If it’s a political event held in a developed country, chances are, you can bet on it. Here’s a list of the most common markets.
Here are some of the major political events you can bet on.
You can also bet on political races of various other types, as well as specific parties or the outcome of events at the state level. Here are a few examples of markets you can bet on.
Iowa caucus winner
If a Republican or Democrat will win the election
If you love politics, and you love betting, you’re going to be a kid in a candy store. Politics is one of the most robust betting markets sportsbooks offer. All you need is three or four accounts with top political betting sites and you’ll be all set!
Main Types of Political Bets
The following list is the most common types of political bets you can expect to find online.
Bet on a specific outcome, such as win or lose or yes or no. For example, you can bet on whether Donald Trump will win the 2020 presidential election.
Make a bet on an outcome that you think will occur in the future. These bets are offered and made weeks, months, and sometimes, even years in advance.
These are unique, odd, and entertaining bets. These are tougher bets to make money from because there’s not much data or trends for you to use. One of the oddest political prop bets we’ve seen is the option to bet on the size of Donald Trump’s privates.
This bet focuses on a specific number. You’re betting on whether you think the outcome will be higher or lower than that number. For example, maybe you can bet on whether you think the Republican nominee will get more or less than 270 electoral votes.
You’re betting on a range. As long as you’re within that range, give or take a few points, you’ll win the bet. For example, you might bet that Trump wins 50% of US states’ electoral votes, give or take a couple. Otherwise, the bet loses.
Examples of Political Betting Lines and Markets
The following are some examples of the types of political markets you can bet on and types of real money wagers you can make.
Who Will Win the 2020 US Presidential Election?
Donald Trump (Rep) -167
Bernie Sanders (Dem) +500
Michael Bloomberg (Ind) +500
Joe Biden (Dem) +2000
Pete Buttigieg (Dem) +2500
Amy Klobuchar (Dem) +5000
Elizabeth Warren (Dem) +6600
Hillary Clinton (Dem) +6600
Mike Pence (Rep) +10000
Michelle Obama (Dem) +10000
Nikki Haley (Rep) +10000
Tulsi Gabbard (Dem) +20000
Who Will Win the 2020 London Mayoral Election?
Sadiq Khan | 1.18
Rory Stewart | 7.00
Siobhan Benita | 15.00
Heidi Alexander | 21.00
Shaun Bailey | 21.00
Amber Rudd | 34.00
Justine Greening | 34.00
David Lammy | 51.00
What Country Will Join Iran and Declare War Against the US?
North Korea | -120
Palestine | +200
Yemen | +300
Libya | +500
Russia | +1000
Pakistan | +1000
Finland | +1500
Italy | +1500
This is a drop in the bucket compared to all the types of markets and wagers you can make at political gambling websites. The variety of bets is just one of the many reasons why you should bet on politics online.
Why Bet on Politics Online?
Politics are often boring. It feels like a chore to stay updated on candidates, new laws and initiatives, and current events.
But online political betting changes that. Put a little money on who you think will become the next president or prime minister and, suddenly, you start to look forward to all that research.
This is one of many reasons why we like to bet on politics online for real money. Here are a few others.
You have access to markets and betting options that you don’t have access to online, especially if you have an account at more than one of the best political betting sites.
It’s much easier to compare political betting odds online. Open a number of sites and you’ll know who has the best odds for “Will a Republican or Democrat win the next election?” in a matter of minutes.
You can bet on politics from anywhere in the world so long as it’s legal and you have internet access.
It’s never been easier than it is today to research politics. There are plenty of reputable political data and trend sites online.
Online political betting sites offer promotions that you’ll never find offline, such as deposit bonuses, rebates, and free bets.
Where else can you bet on the size of Donald Trump’s package, or whether the public will find out about an alleged romance between Melania and her secret boyfriend?
Politics betting often unavailable offline
Many brick and mortar bookmakers do not offer political betting (because of local laws), so online political betting is often your only option.
Those are just a few of our favorite reasons to gamble on politics online.
Learning about your government, officials, candidates, etc. might not be your favorite thing to do. Heck, you might not even vote. But don’t let your dislike for politics get in the way of betting on it.
Politics betting is a lot of fun. There’s money in it if you pay attention and are willing to do the research. There’s always something to bet on too, as the subject is discussed and voted on throughout the year.
So, try betting on political outcomes and see what you think. And make sure to bet on politics online so you can take advantage of all the money and perks not available offline.
Ranking the Top Political Betting Sites
You’ll notice that we recommend a list of the best sites for betting on politics. But we don’t endorse these sites lightly.
No, every site must tick the following boxes before we’ll endorse them for any category.
Fair terms and conditions
Reasonable banking limits, processing times, and fees
Mobile compatible software or downloadable app
We spend hours finding and confirming this information. And we do it because it tells us whether the gambling site is safe, secure, convenient, and easy to use.
Do you want to join a political betting site that can’t tick those boxes? We don’t either. And we don’t stop there. The process above only ensures the site is safe and secure site for bettors. It doesn’t mean it’s a good choice for online political betting.
To ensure that, we check each site for the following details.
Betting coverage – Does the site only offer US markets, or can you bet on the politics taking place in other countries too, such as Canada, Australia, the United Kingdom, and so on?
Betting options – Does the bookmaker offer lots of different bets? Can you make outrights, futures, and prop bets?
Betting odds – Are the bookmaker’s political betting odds consistently fair or do we often find that they’re always second or third best compared to other sites?
Betting features – Does the site offer the option to cash out early? Do they offer political picks and tips?
Betting limits – Bookmakers usually have lower limits for betting politics. We try to find and recommend the sites with the largest limits.
The sites that do the best across the board make it to our shortlist. We sort our shortlist from best to worst, then list them on pages like this for you to choose from.
Of course, when we say “worst,” keep in mind that these sites beat out dozens of other betting sites we’ve reviewed. So, really, they’re one of the best real money gambling sites you can join, especially if you want to bet on politics online.
Politics Betting Tips
Politics are volatile. There’s a lot out of your control, such as scandals, poor debate performances, ridiculous speeches, even more ridiculous candidates, and more.
This can make it tough to make profitable political wagers. The good news is that there are decades of data and trends you use to make educated bets. And if you know your Constitution, and can read between the lines, that will help you make smarter bets, too.
The following are a few of our favorite political betting tips to help you get started.
1Pay Attention to Scandals
This is tricky because scandals don’t always work against someone. A good example is President Trump and all the scandals that surfaced before he won the 2016 presidential election.
But scandals can work against candidates. Just look at Hillary Clinton. A couple of weeks before Election Day 2016, with Hillary leading the polls, former FBI Director James Comey announced on Twitter that they were going to reinvestigate the email server case.
This was awful timing. It likely played a role in Clinton losing the election. And while she was cleared of all charges before and after this announcement, this scandal bit her in the backside.
Another example is President Ford. He pardoned Richard Nixon a few weeks after Nixon resigned due to the Watergate Scandal. Many people hated this decision. This decision cost Ford the reelection in 1976.
So, pay attention to scandals and how people feel about them. They can have a massive impact on who wins or loses at the polls.
2Research Poll Data
Another thing you can do is research poll data. This information tells you a president’s approval rating, as well as predictions for who they think will win various elections.
One site we like for poll and rating data is FiveThirtyEight.com. They get their data from several pollsters, weigh it, and give you averages.
There are several good sites to use. Do a Google search but make sure the site gets their data from reliable sources and aren’t pulling numbers and predictions out of thin air.
3Has the Candidate Made Any Mistakes?
Another clue you can use is if any candidate has made any (obvious) mistakes. There are a couple of recent examples we can draw from.
One is Hillary Clinton. She hardly visited key states like Pennsylvania and Michigan during the 2016 election. Many experts believe this played a role in her losing the presidency.
In her book What Happened, Clinton disagrees. She said that the margin to win those states was thin and that Comey’s tweet about her emails is what caused her to lose.
Who knows for sure? What we do know is that Clinton lost many states that have voted blue in recent elections to Trump, who visited these states more than she did during that election cycle.
Another example is Elizabeth Warren. Many experts believe she made a few mistakes during key debates during the 2020 election cycle. For example, she didn’t have a good explanation for how to fund her Medicare for All idea (one of her big selling points). And that while her ideas and experience are good, she didn’t do a good job of selling them.
This is a tougher tip to use if you’re not a political junkie. The good news is that you can read about these mistakes from people who are. Just make sure you read reliable sources and that many experts agree on the same thing before you use that intel to make your bets.
4US Political Parties Usually Serve Only Two Terms
Hillary Clinton had a lot working against her when she ran for president in 2016. Some of those things were outside her control.
For example, history shows that America doesn’t like to have a political party in office for more than two terms. They get tired of one side’s policies, so they swap them out for the other party.
Barack Obama was a Democratic president for two terms. So, Hillary Clinton didn’t stand a chance of winning based on that fact alone.
Here’s how you can use this information.
Say President Trump wins his 2020 reelection bid and is president until 2024. It’s a safe bet that a Democrat candidate will win the 2024 election.
In fact, we’d make this (futures) bet as soon as bookmakers post their odds.
5Don’t Let Your Political Opinions or Beliefs Get in the Way
Most of us have an opinion about politics, but you’ll want to ignore your opinion if you plan to bet on it. You need to ignore your biases and focus strictly on the facts.
Get this tip wrong and nothing else will help you.
For example, many people loathe Donald Trump. But even if you wanted someone else to win the 2020 presidential election, the fact is that Trump’s the favorite to win.
You shouldn’t bet for him to lose unless it’s a profitable decision. In fact, that’s a good general rule for betting on anything that people often forget.
Anyway, those are a few tips to help you make more money from your political bets. If you follow our political betting blog, you’ll find lots of other helpful information and advice, too.