Betting On Politics
When people think of betting, it is predominantly gambling on sports that will immediately spring to their minds. Sports is indeed the most popular market when it comes to gambling, politics however also attracts money and lots of it as well. There are many different markets that you can bet on, with the majority of bookmakers and exchanges providing you with options; ranging from “Who will be the next PM” to the more novel and fun markets like “Trump to paint the exterior of the White House Gold”; 500-1 the odds on that one if you are interested by the way!
It’s not just small money being placed on politics either. At the time of writing the following amounts have been wagered on the Betfair Exchange alone:
UK Brexit EU Referendum before 2020 - £840, 996 traded
Next Conservative Leader After Theresa May - £1,589,036 traded
Year Of The Next General Election - £318,093 traded
And it’s not just UK politics that is popular among bettors as the US political scene also attracts huge amounts of betting money. This is in no small part due to Donald Trump and, quite frankly, what he might do next!
Trump Exit Date - £1,343,096 traded
Trump To Leave Before End of 1st Term - £1,450,145 traded
Next US President- £3,263,446 traded
Where Can I Bet On Politics?
Well, the good news is that most UK bookies and exchanges will offer markets on politics. The number of markets at your disposal will vary from provider to provider, but most will provide you with a range of possible event outcomes to bet on. These links here will take you directly through to a sample of political bets on offer from different bookmakers and exchanges:
What Can I Bet On?
Pretty much anything, within reason, is the answer to this! You can bet on standard markets such as who will be the next PM/President, which political party will win the next election but also find some more outrageous markets as well. Politics provides bettors with plenty of options due to the fact that you can not only bet on electoral outcomes but also bills, acts and budgets to name a few.
Here is a small selection of what you might find:
UK Politics:
Next Prime Minister
This market involves betting on who will replace Theresa May as the next Prime Minister of the UK.
Sample odds at the time of writing are:
Boris Johnson 5/2, Dominic Raab 7/1, Jeremy Hunt 12/1, Michael Gove 12/1
Next Labour Leader
This market involves betting on who will replace Jeremy Corbyn as the next leader of the Labour Party
Sample odds at the time of writing are:
Emily Thornberry 6/1, Keir Starmer 5/1, Angela Rayner 10/1, Rebecca Long-Bailey 14/1
Brexit Second EU Referendum
This market involves betting on whether you think that a second referendum will be called for Brexit
Sample odds at the time of writing are:
No 2/7, Yes 11/4
Brexit Date
This market involves betting on when you think Brexit will actually happen. Seeing as the politicians seemingly have no idea when this will be, this might be a market to avoid!
Sample odds at the time of writing are:
Not before 2020 8/15, April - December 2019 26/19, July 2019 - December 2019 6/4, Not before 2022 9/4
UK Novelty Bets
This market involves betting on some of the more "novel" style bets that are available
Sample odds at the time of writing are:
Brexit & The Royal Family - The Queen to take up permanent residency in Ireland in 2019 80/1
Brexit & Rationing - UK Government to officially announce food rationing in 2019 12/1
US Politics
2020 Presidential Election Winner
This market involves betting on who you believe will win the 2020 US Presidential election
Sample odds at the time of writing are:
Donald Trump 6/5, Joe Biden 5/1, Bernie Saunders 8/1, Kamala Harris 14/1
Winning Party
This market involves betting on who you think the winning party will be in the next election
Sample odds at the time of writing are:
Democrats 10/11, Republicans 15/13, Independent 100/1
US Novelty Bets
This market involves betting on some of the more "novel" style bets that are available. As you can imagine, Donald Trump attracts a lot of these!
Sample odds at the time of writing are:
Trump To Announce That Alien Lifeforms Exist - 20/1
Trump To Open Area 51 To The Public During His First Term - 33/1
Trump to publish the precise dimensions of his hands to his Twitter account - 50/1
Trump and Putin to receive joint Nobel Peace Prize - 50/1
Trump and Putin to take a Vacation together during Donald's 1st Presidential Term - 125/1
Trump to open Area 51 to the public during his first term in office - 33/1
Melania To Run For President Against Trump In 2020 - 200/1
France To Ask For The Statue Of Liberty Back From The US - 200/1
How To Win Betting On Politics
There are no definite results with betting and broadly speaking, the bookie will always win. This is especially true in political betting where unforeseen circumstances can sway outcomes dramatically, meaning a dead cert can easily become a rank outsider. All it takes is a scandal to be revealed in the red tops and the odds could change massively, meaning that your sure-fire bet soon becomes a no hope loss. What if there was a way though, that you could bet and regardless of the outcome you could make some money? Well, there is and it is called Matched Betting.
What is Matched Betting?
Matched Betting is a way of taking advantage of the hundreds of free bet offers dished out by bookies. Although it has betting in the name there is no real gambling involved as, unlike normal betting, we cover all possible outcomes of an event. This means regardless of the result we can make profit and turn those free bets into real cash!
Keen to Get Involved?
The great news is you don’t need to be a sports fan or betting fanatic to sign up and use Profit Accumulator. Many of our members are not sports fans and had never placed a bet in their lives but that doesn’t stop them from making some tax-free cash.
For more info on what matched betting is, check out these articles: