As mentioned above, there is a lot of money being wagered on elections these days, but the efficiency of political markets is still debatable. However, as far as political markets go, that may not be the case. The accuracy of the oddsmakers beats anyone else in the world, and it’s not close. It isn’t a secret that sports betting markets can predict the outcome of sporting events closer than anyone in the media. Sharp bettors should usually be able to get themselves a decent price as they get closer to election day because there’s almost always proper action on both sides. Politics are polarizing, there is rarely unilateral action in politics, like some other proposition or recreational markets. The one thing about more obscure betting markets is that a significant portion of the players that bet them are recreational or losing bettors.

Betting Tip #1Most Political Bettors Are Recreational Value can be tough to spot, but as we get closer to election day, profitable betting opportunities will open up for sharp bettors. Political betting markets are one of the best novelty markets for bettors to consider attacking, even if they have little or no interest in politics. They offer odds available on politics from across the world. Their markets extend far beyond the American political spectrum. International sportsbooks, particularly those based out of the United Kingdom or Ireland, have more extensive offerings in political markets, with considerably higher betting limits than most U.S. These days, it’s much more than the above.īettors can now wager on the winners of primaries in each state and a ton of other stuff, like margins of victory, and even if one of the candidates will face federal charges! There is a huge market for betting on politics, including which candidate will win each state or who wins the popular vote. In the older days, political markets were small, and usually just consisted of odds on Republican and Democratic nominations and the Presidential election. For further information, read our Privacy Policyĭon’t Miss Our Best Presidential Election Betting Strategies Political Betting Markets Have Expandedīetting on the outcome of elections has been around for quite a while, but the expansion of markets in the past few years has been impressive.

By submitting this form, you agree to receive emails from Safest Betting Sites.

Online betting odds political