Best Politics Betting Sites Ireland 2023 – Political Betting Guide

Politics Betting Ireland Facts

Political Betting

Betting on politics is considered a novelty. You will often find political betting in the novelty or specials section of a sports betting site. Some betting websites will provide politics with its own section. Political betting is regarded as an interesting market, but it is still an unusual topic to bet on. Compared to sports, political betting doesn’t occur as often. In the case of major political events, you may only place a bet every few years. For example, the US Presidential election takes place every four years.

The world’s current political climate has offered up more chances to bet on politics than ever before. There is always a new talking point to explore. While some bettors focus on football, boxing, horse racing, and greyhounds, there are others that focus on the political betting markets. There are some bettors capable of finding inefficiencies in betting markets and odds. These individuals routinely make profits from political bets.

Betting on politics isn’t easy. It is the same as betting on high-level sports. You must do your due diligence and learn about the people, topics, and possibilities. A well-informed bettor can identify the areas a bookmaker may not. This allows them to exploit a specific market, like those individuals did in 2016 when Trump unexpectedly defeated Hillary Clinton for the US Presidency. Bookmakers will offer fewer betting markets on political events. The markets may close early to limit the number of bets as well.

If you want to specialise in political betting, then there are opportunities to win big. There are plenty of political betting sites for Ireland available. Our staff has compiled some tips, suggestions, and strategies to help you beat the bookmakers.

How do we rank and review the best politics betting sites?

The betting industry is very competitive, meaning the best betting websites must offer industry-leading promotions, features, odds, and more. There are several ways a good betting website stands above the competition. Our staff has reviewed hundreds of online bookmakers to discover which ones offer the best options for customers. It makes no difference what sport or event you want to bet on. A strong betting website will offer you the features below.

Welcome bonuses and existing customer promotions	There are hundreds of online bookmakers today and they all want your patronage. Due to the competition in the sports betting industry, bookmakers in Ireland offer new customers welcome bonuses to sign up. Welcome bonuses come in different forms, including free bets, matched bets, no deposit bonuses, and much more. Sportsbooks also offer existing customers promotions to remain loyal. Free bets are a popular existing customer promotion. You may also receive odds boosts and enhanced bets. Some betting sites give existing customers access to a VIP programme.
Mobile betting app	A mobile betting app makes it possible to bet on the go. You can wager on politics anytime and anywhere. You can also search the odds to stay up to date on any changes. A dedicated iOS and Android app is ideal for anyone considering a new bookmaker.
Competitive politic betting odds	At the end of the day, a bookmaker is only as good as its betting odds. A betting website with poor odds will lose customers, if those customers are aware of the more competitive odds offered by rival bookmakers. You should have multiple betting accounts with different betting sites. You can compare the prices of the different bookmakers. You can also search a betting odds aggregator to find the best price for a specific political event.
Political betting markets	A limited number of political betting markets means you have a limited choice for betting. A variety of political betting markets offers more options and creates a better overall experience. Bookmakers may be limited on the political markets due to the nature of the genre. Still, you can find some bookmakers with more betting options than others when it comes to politics.
Payment methods	Modern bookmakers accept payments using e-wallets, debit cards, pre-paid cards, Apple Pay, and cryptocurrency. There are a variety of ways to deposit and withdraw your funds. You shouldn’t be limited on the ways to deposit funds and withdraw winnings. The best sportsbooks have multiple ways to make payments.
Bookmaker reputation	A bookmaker with a longstanding reputation means a lot in the betting industry. There are many fly-by-night bookies out there. These betting sites disappear nearly as fast as they appear. You should only bet on websites with strong reputations.
Customer support	Modern betting websites have multiple ways to support their customers. Some of the support methods available are live chat, email, telephone, social media help, and FAQs. A good bookmaker should be able to help you resolve any account issues. The customer support staff should be prompt to respond.
Easy sign-up process	An easy sign-up process should be the start of your betting journey. No one wants to spend their time filling in details. Punters want to quickly enter their information, create a username and password, and explore the betting odds.
Gambling safeguards and security	A bookmaker should protect its customers. Protection can come in different ways. Betting sites should have the latest SSL encryption technology to prevent third parties from accessing your sensitive information. Bookmakers should also have safe gambling measures in place to prevent customers from overextending themselves financially.

How do you bet on politics?

Political betting is just like betting on regular sports. You can follow the same steps for betting on politics as you do when wagering on football or horse racing. If you still aren’t sure how to bet on politics, simply follow the steps below.

1. Create an account with a reputable betting website. If you already have an account with a sports betting website, visit the novelty, specials, or politics section.
2. You will need to deposit funds into your account using a preferred payment method.
3. Visit the novelty, specials, or politics section to find the political betting markets.
4. Find the market you want to bet on. Make your selection as you would for other sports betting markets to add it to your bet slip.
5. Enter your stake and review your bet slip.
6. Now, sit back and watch the election, vote, or other political event occur to see if the bet is successful.

Political betting can be a fun alternative to your usual sports betting. It is a way to tap into popular culture and see how the majority of a nation feels. Political betting is one of the simpler betting markets available from a betting website. Sports like football have a variety of markets and some can be difficult to understand.

Political betting is not hard to understand. You are merely wagering on the outcome or winner of a political event. An event could be an election, a referendum, or a public vote. Due to the types of events, the markets can be limited. However, a limited number of markets shouldn’t put you off political betting. A low number of potential markets allows you to focus your energy.

What type of political bets and markets are available for Ireland?

Betting websites will offer odds on a range of political events. Bets can be placed on general events or specific situations. A bookmaker may offer odds on political bets from different countries, including the United States, United Kingdom, Ireland, and more. You can wager on a specific political party winning an election nationally or locally. You can also bet on a person winning a presidency or becoming the next prime minister of a country.

In terms of parliament or congressional betting, you can wager on the number of seats a specific political party will win. There are markets on the next leader of a political party.

Political betting offers more options than you may think. Bookmakers aren’t restricted to offering odds on major elections. You can also bet on local elections for mayors or regional referendums. There are even markets for voter turnout and which party will receive the most votes.

There are many options to choose from and punters aren’t limited to just a few markets. Sure, political betting doesn’t offer the same variety as sports betting. If you get your bet correct, you can win just as much, if not more, as in traditional sports betting.

Political betting examples:

Government after the next election	Ireland is home to different political parties. You can make a wager on which party will be in power after the next election. This is a wager with multiple choices.
Next prime minister	You can wager on which person will be elected the next prime minister of Ireland.
Next US President	A popular betting market is for the next US President. You typically have just two candidates to choose from, making the odds slightly lower. It is a thrilling market. As the 2016 US Presidential election showed, anything can happen, and the underdog can score a victory.
Winning party	The US Presidential election isn’t just about one person. It is also about the party the individual represents. You can make a bet on the winning political party in the presidential election.
UK politics	Betting sites offer odds on different UK elections. You can wager on the next prime minister market, year of the next election, and the government after the next election.
Australian elections	Yes, you can even place a bet on Australia’s political system. There are markets for both state and federal elections in Australia.

Your favourite betting website may offer even more markets on political betting. Typically, a betting website will provide markets when major elections take place in countries around the world. It is important to keep your eyes on the news. If you are a political science fan, then you won’t want to miss out on making a wager on an upcoming election. There are a lot of different political betting markets. Betting websites are always adding new markets and updating odds, so check back frequently.

Types of political bets

There are different political bets available. The markets show you what you can bet on. A bet type is the wager you specifically choose to stake your money on. Betting websites will give you three different options.

• Straight up

A straight up bet is a wager on a person or political party to win. A straight up bet is the easiest bet to make. You simply want to wager on the individual, party, or result you believe will occur. For example, a straight up bet on Donald Trump to win the 2016 election would have been successful, as he won the US Presidential election.

• Handicap bets

A handicap bet is slightly different to a straight up bet. Here, you are wagering on the winning margin of a candidate. For example, you may wager on Joe Biden to win the US Presidential election by 5%.

• Prop bets

A prop bet is a wager on a specific situation offered by the bookmaker. For example, a bookmaker may offer odds on Joe Biden to lose the popular vote but win the electoral college.

Political betting strategies

Political elections and outcomes can change in a matter of minutes. You can’t always predict the way a population will vote. Some late information or advertisement could sway a large number of people to vote a different way. In 2016, bookmakers and many American political pundits believed Hillary Clinton would win the US Presidential election. These individuals underestimated Trump’s ability to draw voters from the Red States to the polls. Trump won the election, and punters that backed him made out well.

Unlike traditional sports betting, bookmakers cannot fully prepare for the outcome of a major political event. As the 2016 US Presidential election showed, anything can happen. There are a few political betting strategies that can help you beat the bookmakers.

• Bet early – Betting early allows you to lock in the odds on a candidate. If you let the markets change and shift, the odds can drop on one of the candidates, making a bet not worth your money. In the early stages of an election, there are typically more candidates than in the latter stages. The odds will be higher betting with multiple candidates than later when there are fewer people running for election.
• Consider betting on the underdog – Just because one candidate is the favourite, it doesn’t mean the individual will win over the people. Like all betting, politics requires some analysis. You will need to dig deep to learn about the individual’s policies. You may need to know about the person’s personal life and about any scandals involving them. Polls produced by reliable news sources are a great tool for success.
• Independent research is required – Nearly every news source has an agenda. Some back conservative candidates and some support liberals. It is important to do your own due diligence to learn about the candidates. Independent research will prevent you from being swayed by media outlets with an agenda.
• Polls aren’t always correct – Although political polls are a great research tool, you shouldn’t believe every poll you read. Polls can be flawed. In elections over the last two decades, polls have suggested most people leaned one way, only for the election to prove them wrong. A poll is a tool, but it doesn’t provide definitive evidence of which person will win an election.

What are the differences between betting on politics and sports?

Politics and sports betting have many similarities. You will find different markets in the politics section just like in sports. The markets will have different odds representing the amount of money you would receive depending on the amount of money staked.

You will also need to use similar strategies when betting on politics. While a sports bettor will consume their specific sport by watching games, reading articles, and studying stats, a political bettor will do the same, only for politics.

The bet types are the same between the two betting genres. You will receive odds for moneyline, handicap, and prop bets. If you are familiar with sports betting, political betting will look very similar. It may not be too difficult to transition from sports to politics.

Sports betting is more popular than politics betting. Millions of euros are wagered on sports each year. In 2021, the European betting industry was valued at $5.3 billion. That is just Europe and doesn’t include the UK, US, Asia, or South America. Of that $5.3bn, the political betting sector made up a small fraction. It is behind sports such as football, basketball, tennis, golf, and horse racing in terms of popularity and money wagered on outcomes.

Still, political betting is wildly popular among punters. Indeed, it is believed political betting will increase in the coming years. Brexit, Trump, and COVID-19 have all had an impact on the world. Betting industry experts expect more bettors to wager on politics, especially with another US Presidential election just around the corner.

Why do punters enjoy political betting?

If you are a sports bettor already, then you will know exactly why you love to wager on sports. Political punters get the same excitement out of betting on elections. Political betting can be exhilarating when you get it right. Here are three reasons bettors enjoy political betting.

Value for money	Political betting offers value for money. An early bird bet can lock in the odds on a candidate with exciting odds. You can even get value on the favourite if you act early.
Variety of markets	Bookmakers will offer betting markets on different countries’ elections. You can find odds on elections taking place in Greece, Brazil, Australia, and other countries around the globe.
Impact	Sports do not affect the world like politics do. When you bet on politics, you are betting on an outcome that could greatly affect the world. This makes political betting completely unique. You are trying to gauge how a country’s population thinks and predict what the majority want.

Political betting FAQs