What is Political Betting?

As its name suggests, political betting is betting on the outcome of politics. Be it politics in the UK or international political betting like election betting for other countries.

With political betting, you can bet on the outcome of the elections in the UK or other political betting markets, including international ones.

Presidential election betting is popular and bets are placed on the French presidential election, the US presidential elections, and even the next Australian federal election. European politics betting is popular among political bettors too.

In politics betting, pay attention to the political odds before you place bets.


Can you Bet on Politics in the UK?

Yes. You can bet on practically anything in the UK.

Gambling is legal and it is regulated in Great Britain by the Gambling Commission. The UK Gambling Commission also regulates gambling and betting in the rest of the United Kingdom.

As such, you can bet on local elections for party leaders or the next UK prime minister, or even the next Scottish independence referendum.

Political betting markets in the UK do not have any partisan leanings. Elections for a conservative leader or liberal democrats get about the same amount of interest. Usually, bigger elections like for the next prime minister attract more punters, regardless of the parties.

How to Bet on Politics in the UK?

It’s easy. You can either go to a betting shop or online betting markets to place your bets.


Online vs Shop Betting

The process is more or less the same for both, the only real difference is the location. Online betting markets are placed online via betting websites.

Betting shops are the more traditional option. You can place bets by visiting the shop directly or by placing your bet via phone call.

Both options will give your information like political odds, election betting odds, general election odds, and other information you can use to make an informed politics bet.

Politics odds are not fixed and they will vary from one sportsbook to another.

Will You be Taxed?

No. You will not be taxed for any of your winnings and qualifying bet settlement.

Political Betting Tips

Below, we have listed a handful of really helpful tips for anyone who is in to politics betting. These tips should be helpful even if you are new to betting on politics or if you’re a veteran at it.

Get to Know the Political Landscape

You don’t have to be extremely well versed in local politics or the politics of a country whose elections you are betting on. But you should at least have a good idea about the political landscape.

Find out who are the favorites to win the general elections, and what the general election odds are. Following up on current affairs will give you an idea of this.

Local pundits are likely to have predictions on who the winning party leaders might be. Consider what they have to say before you place your bets.

Try Spread Betting or Forecast Betting

In addition to betting if a candidate will simply win or lose, you can also try the more complicated bet options.

Multiple bets or accumulator bets and other complex bets are popular because of the usually lower min odds that you need to place while still guaranteeing a return.

Single bets have a higher return, but you also have to place higher bet stakes.

Look for the Best Odds

The odds show you how much you can potentially win should your bet be successful.

Not all betting shops and sites are created equal. Some will offer clients better odds. Look for the ones that give you the best odds.

Betting FAQ

  • Is Gambling in the UK Legal?

    Yes, it is. Gambling in the UK is legal and it is regulated by the UK Gambling Commission. You will find also that many UK betting sites are also regulated and registered in other countries and regulated by the likes of the Malta Gaming Authority. This is because many sites are operated offshore. Despite that, all gambling in the UK is still legal.

  • Is Gambling on Politics in the UK Tax-Free?

    Yes. Not only is gambling legal in the UK, but it is also tax-free. You won't have to pay any income tax on winnings you get from qualifying bets. All gambling winnings are tax-free. But that also means you won't be able to deduct any bet losses from your taxation either.

  • Can you use your free bet to bet on politics?

    Yes. Free bets are for you to use at your discretion. You can even use it to place your first bet. Keep in mind though that any qualifying bet settlement from free bets may be subjected to wagering requirements. Get in touch with the customer support team of your betting site of choice to find out more about this.

  • Can you bet on the politics of other countries?

    Definitely. UK sportsbooks and bookmakers do not just allow punters to bet on whether or Boris Johnson wins or not, they also allow betting on foreign politics. This means you can bet on the US Elections, on who will win the next US presidential election, or if Joe Biden will be the next US president. You can also bet on who will be the new president or whatever country, on the Irish unification, and even on politics in South Korea.

  • How to Find the Best Odds?

    This will take a bit of research. If you have betting accounts over multiple sites, you can individually check on those. You can also follow blogs or social media groups that list odds from different bookmakers. You can also check out betting exchanges too. They are known for having better betting odds than traditional bookies since you will be betting against other punters.