Complete Guide to Political Betting and Its Opportunities
The world of UK political betting is a fascinating one, and if you haven’t experienced the exciting betting opportunities that it can offer, it just might be a great idea for you to take a closer look at what it is all about.
As with all aspects of the best political betting sites, times have changed immensely over the past few years and the attention of the online gambling community has been well and truly pricked.
It has become apparent to anyone who has paid any attention to UK political betting that upsets can well and truly happen, and when they do, the astute punter can find themselves in an interesting position.
An example of this would have to be the Brexit and American Presidency betting.
If you had placed a small treble bet of £10 on the UK leaving the EU and Donald Trump becoming the next president and added Leicester to win the Premiership, you would have theoretically walked away with seventy million pounds! (We say theoretically because that is way beyond the pay-out limits of any sportsbook, but you get the idea).
|Rank||Bookie||Bonus||Live Bets||CashOut||Rating||Details||Visit Site|
|1.||10Bet||50% up to £50||yes||yes||Review||Visit Site|
|New Customers only; Min. deposit £15; Bonus amount 50% of deposit up to £50; Wager deposit and bonus 8x within 60 days; 4/5 Min. single odds or 2/5 min. acca selection odds; Max. stake contribution equal to the initial bonus; Certain bet types and payment methods excluded; See full terms; Terms apply; 18+ #AD|
|2.||bet365||up to £100 In Bet Credits||yes||yes||Review||Visit Site|
|Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. #AD|
|3.||Unibet||Money Back as a Bonus up to £40 if your first bet loses + £10 Casino||yes||yes||Review||Visit Site|
|* 18+ begambleaware.org. New customers only. Min deposit £10. Money back as bonus if first bet loses. Wagering requirements: sportsbook 3x at min. odds of 1.40 (2/5), casino 35x. Unless forfeited the sportsbook bonus must be wagered before using the casino bonus. Bonus expires 7 days after opt-in. No deposit required for NI customers. Call 08081699314 to claim. Full T&Cs apply. #AD|
The UK political betting market has always been popular, but nothing like it is now and due to the massive amounts of uncertainty around the world at the moment and in the foreseeable future.
It certainly looks like the best political betting sites are going to be very busy indeed, and the opportunities which are opening up for political gamblers are extremely exciting.
Keep Your Ear to the Ground
If ever there was a form of betting which depended on rumours, it would have to be political betting. When you take into consideration that a large number of commentators have made a very good living over the years by investigating political rumours, you can see where the opportunities lay in terms of betting.
The great thing is, if you want to keep abreast of exactly what is happening in the world of politics, social media can keep you just as informed as some of the experts that are out there.
It is important that you don’t just follow and act upon every piece of gossip but instead, follow a few trusted commentators on Twitter or keep an eye out for the latest news from a few reputable bloggers and you will soon see that it will be possible to take advantage of some of the odds of the best political betting sites.
It would be fair to say that you will be amazed how accurate some of these predictions are and this was emphasised by how some of these commentators predicted which political parties would win certain seats concerning the UK election betting.
Beware of the Exit Polls
There is no getting away from the fact that UK election betting lends itself perfectly to the live betting format that so many of the best political betting sites now operate.
It can all seem to be too good to be true because on the lead up to the time that the voting finishes, various organisation conduct what is known as exit polls.
This is basically where people are asked as they leave the polling station who they have voted for.
The results of these exit polls are fed into complex computer algorithms, and predictions are confidently given out as to which politician and ultimately, which political party will go on and win the general election.
People who are interested in general election betting will then go and place their bets, safe in the knowledge that they will get a return on their investment.
It all sounds too good to be true, doesn’t it?
Well, that’s because it is.
This was proved in the Brexit vote as most people went to bed at around midnight believing that the British public had voted to stay in the European Union.
Most of the exit polls were claiming that the vote has been a landslide, but the only problem was for those who had got involved in this form of UK political betting and bet on the ‘stay’ vote’ when they awoke the following morning, the first thing they saw when they turned on the television news was a jubilant Nigel Farage celebrating a momentous win for the leave campaign.
In the US, exactly the same thing happened with Donald Trump, so be aware, exit polls are often correct in their assumptions, but not always.
Sportsbooks Agreeing to Differ
Something else which you should always be aware of in the UK election betting is the fact some sportsbooks are more inclined to have different views to each other when it comes to who will win certain seats in the next Prime Minister betting.
The three main political parties in the UK are the Conservatives, Labour and Lib Dems with UKIP being popular in some towns and cities.
What usually happens is that some of these towns and cities are regarded as safe seats, but with some of the others, the voting is usually very close, and it is in instances like these when the sportsbooks can have differing views which are reflected by the odds that they set.
When this happens, it is sometimes possible for an arbitrage opportunity to arise, which means that the astute punter can make a profit no matter what the outcome of the voting.
If you are interested in finding out more about arbitrage, Google is your friend but make sure that you know exactly what you are doing before you decide to get involved.
Every Sportsbook Wants to Get in on the Bandwagon
When it comes to the best political betting sites, at the time of next Prime Minister betting or UK election betting, you will find that every sportsbook will pull out all of the stops and do everything that they can in order to offer their customers exactly what they are looking for.
As these UK election betting opportunities don’t really present themselves on a regular basis, you would be best advised to use sportsbook accounts which you already have in order to place your bets as opposed to only opening accounts on the basis of them being election betting sites.
One thing to be aware of, in the months leading up to a general election you may come across sportsbooks that you have never heard of before which are offering sign up or reload bonuses which seem to be too good to be true.
It is advisable to pay attention to the old adage in this case, ’If something seems like it is too good to be true, it probably is!’
Some rogue sportsbooks know only too well that there will be an influx of new punters on the market, new punters who have little experience with online gambling and it is sad to say that they can be regarded as being lambs to the slaughter.
So, your best bet would be to use the sportsbook accounts that you know are first class in order to carry out your next Prime Minister betting so with that in mind, let’s take a look at a few of those now.
Betfair, the King of the Exchanges
The best political betting sites and online gambling, in general, is an ever-changing playing field with exciting times ahead but at the time of writing and as far as betting exchanges go, nothing comes close to Betfair.
- up to £30 Free Bets
- Easy to navigate Website
- Engaging Bets
- In-Play Betting
- Licensed by GBGC
- Minimum deposit: £10
New customer offer. Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. Payment restrictions apply. T&Cs apply. #AD
Some experts within the industry will argue that Betfair now has the monopoly in the world of betting exchanges and can sometimes come across as having a cavalier attitude and whilst they are not perfect, they have revolutionised the UK betting market.
If you are interested in any type of online gambling, never mind UK political betting, you really do need to have a Betfair account.
They have a sportsbook which can be accessed through the main log on page, but it is the exchange which you should do your very best to get familiar with.
Watching the prices move in various events is an education in itself, and if you have an account ready, you will be in a sound position to take advantage of the next Prime Minister betting when the time comes.
The Right Way Is with Betway
Compared with old school sportsbooks such as William Hill and Ladbrokes, Betway is relatively new to the scene, but it can’t help but noticed that they make a massive effort to offer their customers attractive betting propositions.
- Cash Out available for nearly every In Play event
- Bonus offerings for every taste
- Numerous Sports Betting Markets
- Betway Mobile on any device
- Minimum deposit: £10
*T&C apply; Visit bookmaker's website for details. #AD
A wide range of markets is covered as well as UK election betting when the time is right.
Betway are famed for their promotions but be aware, if you use the site only for the bonuses and promotions, you will soon be limited by the size of the best you will be able to make.
The platform which the Betway sportsbook operates off is extremely stable, and their app is another fine example of an app that does the job that it is meant to do as opposed to one that is full of needless features which offers nothing to the user apart from making it slow and cumbersome.
The live chat is also extremely helpful, so if you should come across any problems with your general election betting, they will soon be resolved to your satisfaction.
William Hill Know What They Are Talking About
An ‘old school’ sportsbook just had to be included in this list of the top election betting sites due to the fact that they have seen it and done it enough times, it would be rude not to.
- UP TO £30 IN FREE BETS
- Live Streaming
- Thawte’s SSL encryption
- Live Betting
- Minimum deposit: £10
*New customers using Promo Code P30 only, min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15 (30 days expiry), free bet/payment method/player/country restrictions apply. #AD
You will find that William Hill, in common with several other election betting sites, will offer promotions which include the sportsbook and the casino.
These promotions run along the lines of if you wager a certain amount on one of their online slots, you will be given a bonus amount which can be used to bet on any of the next Prime Minister betting markets.
Offers like this are very popular, they may appeal to you or they may not, but they definitely represent a trend because offers like this are becoming more and more common.
It goes without saying that William Hill are a sportsbook which you should definitely have an account with if you don’t already because it is one of those sportsbooks which you will use on a regular basis, not just in the time of general election betting.
Final Words of Advice
There is one more thing that you should be aware of with the next Prime Minister betting, and it is something that many new punters have fallen into the trap of.
Let’s say that one of the newer sportsbooks have an offer on which gives fancy odds on a politician becoming the next Prime Minister when the next general election takes place.
You think that this politician has a superb chance of becoming the next Prime Minister and in your haste to place the bet, you don’t take into consideration that the election is over twelve months away.
This means that your money will be tied up for over twelve months and even if the bet is successful, you won’t be able to access your winnings until the election is over.
It’s no big deal if it is only a small bet, but if it is a larger amount of money, it could turn out to be money that you might have needed over the short term.
This kind of scenario can arise in other markets such as the World Cup in football or which team will win the Premier league so bear this in mind before you decide to place your bet.
It could take the gloss of your next Prime Minister betting, and that is the last thing you want to happen.