What Andy Burnham Means For UK Bookmakers
Andy Burnham’s gambling views have come under increased scrutiny as political attention turns towards his future role in national politics. While betting regulation has…
There are many bookies who offer a wide range of bets on political markets as interest in betting on such events has increased dramatically over the last ten years. Huge international political events such as a General Election or Referendum draw the biggest interest particularly if they are taking place in a country such as the United Kingdom or USA.
However bookmakers now offer odds on much smaller political markets such as:
The odds on these markets can be quite volatile and change drastically in a short space of time.
Opinion Polls can play a large role in shaping the betting markets for Politics. Opinion Polls are essentially surveys on Voters intentions and a change in an Opinion Poll can result in the odds on betting markets being significantly impacted.
For many of the bigger political betting markets eg UK General Election , bookmakers will have odds on the outcome years in advance of the Election taking place.
Below we have listed five of the top betting sites for betting on politics . All offer a wide range of odds and markets and will often be prepared to offer stand out best odds on a particular outcome.
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The most popular political betting event in the UK is the General Election which is held every five years. Outside of this betting on markets such as:
Are also very popular. You can even place a bet on What % Share of the Vote a political party will achieve in an Election !
The odds offered by bookmakers for political bets can sometimes be quite generous and profit margins can be relatively small in many of the markets.
For example in the US Presidential Winner market the betting is dominated by the two main protagonists currently Donald Trump and Joe Biden in what is essentially a “two horse race”.
As with any bet it is important to check for the best odds before placing your bets. For political bets we recommend checking the odds with the five bookmakers listed above and studying the relevant terms in any market before placing a bet. The terms can be complicated particularly regarding withdrawals from markets and it is massively important that you know all T&C’s before placing your bet.
The Betfair Exchange was once thought to have more political betting markets than most online bookmakers but over the last few years that has changed somewhat as the liquidity on most markets on Betfair has become much more of an issue.
Nowadays you will find that the top UK Bookies listed above have as much choice if not more on politics betting markets than any of the betting exchanges.
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What Andy Burnham Means For UK Bookmakers
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