Politics Betting Online 2023

As the name suggests, politics betting involves predicting the outcome of major political contests like the UK General Election, US Presidential Elections, and more.

But bookies don’t just make political betting odds for primary elections. Bettors can also get markets such as who runs for what office, debate participants, debate duration, and more. In short, there are a plethora of political betting markets to exploit.

Meanwhile, it’s conventional wisdom that political betting is a relatively recent invention. But the truth is that political betting has a rich history, especially in Western countries.

It traces its roots back to the 16th century in Italy and the 18th century in the UK. In the US, political betting was so prevalent in the pre-1860 period. By 1960, bookies in Nevada were taking big bets on the upcoming US Presidential Election. See, political gambling is nothing new.

Is election betting legal?

Yes, betting on political indictments is 100% legal. However, it’s vital to place bets on reputable bookies like the ones listed here. In the US, for example, over 20 states have legalized sports betting, making political bets absolutely legal in these areas.

It’s even better in Europe, where most countries have recently revisited their betting laws to include online sports betting. Overall, betting on any opportunity is legal, depending on where the player comes from.

But what happens if betting is illegal in a country? Don’t worry; bettors in such jurisdictions can still place bets at the best offshore bookies.

These international bookies accept foreign players, provided they pass the KYC (Know Your Customer) process. Also, the best international bookies are licensed and regulated by respectable bodies like the UK Gambling Commission (UKGC), Malta Gaming Authority (MGA), and the Swedish Gambling Authority.

What makes the perfect political betting site? There is a specific criterion for searching and selecting the best political betting sites. Here are the most common ones:

• Licensing and regulation: Just like when choosing a traditional gambling site, licensing should be the main priority when selecting a political betting site. Before placing an election bet at any sportsbook, ensure that the site is reputable like those promoted on this page.
• Security protocols: This is another factor that adds to the credibility of gambling sites. On top of holding a valid license, a secure betting site must be SSL encrypted to ensure maximum data security. Again, most recommended sites here tick this checkbox.
• Betting markets and odds: Political markets are not just any other betting markets. As such, the best bookies must strive hard to provide as many markets as possible. Also, the odds must be player-friendly. To ensure this, scout around and compare the odds before joining a sportsbook.
• Bonuses and promotions: With a range of options out there to choose from, it’s not worth joining a bookie that doesn’t offer incentives. The best political betting sites should offer new players free bets and deposit bonuses. Also, loyal players must enjoy incentives like frequent rebates and deposit bonuses.
• Customer service: Ensure that a sportsbook offers a state-of-the-art support mechanism. The support team should be reachable on phone, email, live chat, or social media. Also, they should be available 24/7 and in multiple languages. Plus, try them with a query or two to see how fast they respond.

Whether betting on politics or any other event, responsible gambling is a must. So, apart from setting aside a spending limit, which other tricks apply? For starters, set a time limit as gambling can be time-consuming. It’s possible to spend hours in the bookie betting until your bankroll goes bust. In that case, bettors don’t only run the risk of betting addiction but also going bankrupt.

Also, avoid gambling under the influence of drugs or depression. Depressed players are known for making irrational and unwise betting decisions. In addition, betting under the influence of alcohol or drugs can impair judgements. Thus, only play when the head is clear of any stressful thoughts or influence.

Lastly, don’t bet to make a living out of it. Political contests are known to produce unpredictable results, just like other forms of gambling. Therefore, investing a fortune in a betting market will likely leave you broke and stressed at the end of it all. So, bet small and enjoy the show as they come.