Best Election Betting Sites Odds 2023: Political & Markets

Written by Troy Hanson
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    Betting on political events has been popular for well over a century, and the political markets are booming now more than ever. If you are looking for the best sites for election-betting odds, we’ve got you covered!

    Our top experts tested dozens of sportsbooks and analyzed the sites for safety, markets, odds, bonuses, and more.

    Many longtime political bettors will likely not be surprised that BetOnline ranked as the overall top sportsbook for political betting. There are a number of reasons for this, including the brand’s esteemed reputation, competitive odds, and variety of betting markets covered.

    But we have four other top politics betting sites for you, and each of them offers something unique to political bettors and is also worth checking out.

    So, without further ado, let’s dive in.

    Best Sites for Election Betting Odds

    1. BetOnline – Best Site for Election Betting Odds Overall

    betonline

    Pros:

    • Established brand with a great reputation
    • Dozens of political markets & futures
    • Robust deposit method options
    • Fast crypto payouts 
    • Easy-to-use website
    • Decent variety of casino games

    Cons:

    • $55 deposit requirement for fiat welcome offer

    BetOnline officially launched in 2004, but the brand has roots in the online betting industry dating back to the late ‘90s. This licensed and trustworthy sportsbook is a go-to destination for both sports and political bettors alike, so let’s see why BetOnline ranked as the top politics betting site.

    Politics Betting Markets: 5/5

    Whether you want to bet on state elections, national politics, or international elections or place bets on presidential election futures, you can do it all and more at BetOnline. So, it’s no wonder why this betting site is ranked at the top spot of our list.

    When it’s midterm election season, you will find dozens of senate and gubernatorial options for the primaries all the way up to the general election, from placing prop bets on the republican or democratic nominees to choosing the winning candidate in the general election.

    Not all betting sites offer odds for futures on the US presidential election, but BetOnline provides a wide variety of early markets with very competitive odds, often two to three years before the next presidential election.

    Bonuses: 4.85/5

    There are two generous welcome promos for you to choose from when you get started at BetOnline, and each has its advantages.

    When you deposit $55 or more using a credit card or other fiat deposit method, use the code BOL1000 for a 50% deposit match with a max bonus of up to $1,000. The wagering requirement is 10x, which is very low and competitive.

    Or, if you are after a bigger bonus, make your first deposit of $20 or more using cryptocurrency and use the code CRYPTO100 for a 100% deposit match with a max bonus of up to $1,000. The rollover requirement for this offer is at a fair industry-standard rate of 14x.

    There’s more! Keep returning to the promotions page at BetOnline, and you will be greeted with different deposit bonuses for existing players.

    Other Betting Markets: 5/5

    In addition to politics, you have dozens of sports and novelties to select from, including award shows, movies, niche sports, alternative leagues, esports, and all the major US sports and leagues with competitive odds.

    The racebook is also very impressive at BetOnline, offering over 20 worldwide tracks for thoroughbred and harness horse racing.

    Banking: 4.9/5

    For deposits and withdrawals, BetOnline offers an impressive, about 20 options of great variety, including wire transfers, money orders, Bitcoin, Litecoin, Ethereum, and many other altcoins. You can also use credit/debit cards for deposits.

    There are some hefty fiat banking fees, so we recommend using crypto at this sportsbook for feeless transactions and payouts, and crypto withdrawals are processed quite fast – mostly within an hour.

    Head over to the BetOnline website to find out more about its bonuses and promos.

    2. Bovada – Most Attractive Welcome Bonus of All Election Betting Sites

    bovada

    Pros:

    • 50+ politics & sports
    • Industry-famous welcome bonus
    • Competitive political betting odds
    • Innovative app for prop bets
    • Lightning-fast payouts

    Cons:

    • Late lines for some elections

    If you have searched for a political or sports betting site for even a couple of minutes, you have likely come across the world-recognized Bovada. This licensed and regulated sportsbook was launched in 2011, and it has remained a trusted site ever since.

    Politics Betting Markets: 4.8/5

    An advantage of using this betting site is that it offers some of the best odds for political events and elections. While there are good betting options for most political races and current events, the odds for some statewide elections aren’t released until a few days from the general election.

    For futures on the presidential election, you can bet on which party’s candidate will win, along with predicting if the Democratic or Republican candidate will become the next president from a list of political and public personalities.

    Bonuses: 5/5

    You have two excellent welcome promos to choose from, with some of the lowest wagering requirements found anywhere.

    New customers making their first deposit using fiat will receive a 50% match up to $250 with a playthrough of a mere 5x. No code is necessary; just click here to sign up with Bovada today to claim this welcome offer.

    Or, make your first deposit using Bitcoin or Bitcoin Cash for a 75% match up to $750 with the same 5x rollover.

    Other Betting Markets: 4.9/5

    This sportsbook offers all the major sports and leagues you would expect a top betting site to provide, along with international and alternative leagues, novelty and entertainment options, and horse racing, generating over 1,000 betting options daily.

    We found that Bovada is best for casual bettors because, while the odds for most sporting events are good, some major sports have dual lines, so players with advanced betting experience will likely prefer BetOnline for sports betting.

    Banking: 4.9/5

    Most of the popular deposit options are offered here, including all major credit cards, Zelle, Bitcoin, Bitcoin Cash, and Litecoin.

    For payouts, all the above methods are available, plus Ethereum, USDT, and check by courier.

    And we recommend using Bitcoin for withdrawals because payouts are usually executed within an hour.

    Click here to find out more about Bovada and everything it has to offer.

    3. MyBookie – Best Betting Site for Presidential Elections

    mybookie

    Pros:

    • Early betting options for the presidential election
    • Vast prop bets for political elections
    • Competitive odds for politics & sports
    • 100% welcome bonus + $10 free casino chip
    • Valuable reload opportunities
    • An excellent in-game live betting platform

    Cons:

    • A $50 deposit is required for the welcome promo

    MyBookie has operated for just under a decade, launching in 2014, and this betting site has quickly built a solid reputation among online bettors. It is a  licensed betting site that holds several certificates for fair games and security, so you can bet on politics with peace of mind at MyBookie.

    Politics Betting Markets: 5/5

    This is a solid betting site when it comes to state elections, but it is the early betting options for presidential races that really make it a great option for real money bettors.

    Years ahead of the general election, you can bet on who will win the Republican nomination or Democratic nomination, if the Republicans or Democrats will win the popular vote or electoral college vote, and more.

    And if you really want to test your political savvy, you can put cash behind your prediction on who will be the next president. You can stake on who will be the next Commander in Chief from a long list of dozens of politicians and public personalities.

    Bonuses: 4.9/5

    MyBookie will match your first deposit of $50 or more 100% with a rollover of just 10x and a max bonus of up to $1,000, plus you will get a free $10 casino chip. To claim this offer, use the code MYB100 before making your first deposit.

    Apart from this, MyBookie is one of the few betting sites (possibly the only) to offer new customers an alternative bonus with a rollover of just 1x. This bonus is for new customers only on their first-ever deposit, and it is a 10% deposit match with a max bonus of up to $200.

    And when you return to MyBookie to bet on sports or politics, you can capitalize on a 25% reload on every qualifying deposit by using the code MYB25, and the rollover on each reload is just 6x.

    Other Betting Markets: 4.9/5

    The betting options for alternative and international leagues are not as vast here as the options at BetOnline and Bovada, but MyBookie does have you covered for all the major sporting events for early odds.

    And if live in-game betting is your jam, the user-friendly interface allows you to easily peruse through thousands of betting options across all sports, so building your in-play bet slip has never been easier – this makes MyBookie really a great option for election betting.

    Banking: 4.7/5

    You can use credit cards, MoneyGram, Bitcoin, and many altcoins as deposit methods. For withdrawals, MyBookie only offers Bitcoin and wire transfers, but BTC payouts are feeless and delivered within 24 hours.

    Check out the website of MyBookie to find out more about its bonuses & promos.

    4. SportsBetting.ag – Best Political Betting Markets Variety

    sportsbetting

    Pros:

    • Outstanding betting markets variety
    • Unique politics betting options
    • Two welcome offers
    • Reload promotions
    • Excellent banking variety

    Cons:

    • Outdated user interface

    SportsBetting.ag is approaching its 20th anniversary, hitting the sports and political betting scene in 2003.

    Let’s find out exactly what makes it a great option for election betting.

    Politics Betting Markets: 4.8/5

    This sportsbook has some good betting options for presidential elections, but this is one of the betting sites when it comes to betting in general. It offers users an amazing variety of betting markets, making it a great option for anyone.

    Bonuses: 4.75/5

    Use the code SB1000 when you deposit $55 or more using fiat for a 50% match with a max bonus of up to $1,000 and a lower rollover requirement of 10x.

    For a crypto promotion with a lower deposit requirement, make your first-ever deposit of $20 or more and use the code 100CRYPTO for a 100% match with a max bonus of up to $1,000. This is for new customers only, and the playthrough is 14x.

    Other Betting Markets: 4.7/5

    You can get good odds for all the major sports and leagues, making SportsBetting.ag a solid option to stake on the NFL, MLB, NHL, NBA, and college sports.

    Also, you can stake your favorite leagues for games like FIFA, NBA2K, CS, LoL, D2,m R6, SC2, VAL, and even KoG, among others, with better odds than most other esports betting sites.

    Banking: 4.75/5

    SportsBetting.ag offers more banking methods for deposits and payouts than most other top betting sites we found. There is a list of about 20 deposit options, including credit/debit cards, cashier’s checks, BTC, and over a dozen altcoins.

    To withdraw your winnings, you can use wire transfers, money orders, checks by courier, and numerous cryptocurrencies. And crypto payouts are usually delivered within minutes but up to 24 hours.

    Discover all the latest bonuses available at SportsBetting.ag by following this link.

    5. BetUS – Best Election Betting Odds Site for Exciting Tourneys

    betus

    Pros:

    • Exciting tournaments for users
    • Excellent odds & betting options for global politics
    • Established 25+ year betting site
    • 100% deposit match across three deposits
    • Great odds for major sports
    • 50+ sports & novelties

    Cons:

    • Poorly designed UI for political betting
    • High deposit requirements for bonuses

    BetUS is one of the few betting sites that launched in the early ‘90s that are still around today. This is the longest-running sportsbook to make our list, and this industry forerunner has remained relevant for so long because it is a trusted brand and provides amazing betting odds.

    Politics Betting Markets: 4.6/5

    Unfortunately, parts of the website feel like it was designed in the ‘90s, making bettors click, scroll, and search for elections more than they would like to – this is a bit disappointing.

    Aside from betting on a candidate or political party for the major elections, this sportsbook does not offer vast betting options for state races or prop bets for presidential elections. But when it comes to international politics, there is no site better than BetUS.

    You can bet on the party leader or the next party majority in UK elections, futures on Scotland’s first minister elections, the independence referendum, Denmark’s next prime minister, and the New Zealand general election, among many others.

    Bonuses: 4.65/5

    BetUS provides many promotions that will give you a good bang for your buck; the only issue is you will have to pony up some hefty deposits to feel that bang.

    Make your first deposit of $100 or more using credit/debit cards and use code JOIN125 for a 125% match. This is a sports-casino combo promotion with 100% of the bonus for sports (or political) betting with a max bonus of up to $2,500 and 25% going to casino games with a max bonus of up to $625.

    There is a 10x rollover on sports and a 30x rollover on casino games, both of which are below the industry standard wagering requirements. 

    But if you prefer a welcome bonus for just the sportsbook, enter the code SU100CRYPT on your first deposit of $100 or more using crypto for a 100% match with a max bonus of up to $2,500 and a playthrough of 10x.

    Other Betting Markets: 4.75/5

    This sportsbook only has a handful of betting options outside of major US sports and leagues, like the National Football League and Major League Baseball, so you will not be able to bet on the Canadian Football League here. But for all the major leagues, you will find some of the most competitive odds of all the betting sites.

    Banking: 4.6/5

    For deposits, BetUS accepts major credit cards, wire transfers, Bitcoin, and a few altcoins. For payouts, you can use wire transfer, MoneyGram, check by courier, BTC, BTCH, ETH, and LTC.

    Crypto withdrawals have a minimum threshold of $50, which is considerably higher than most betting sites but still lower than the $100 required for other methods.

    Join BetUS when you click here and find out more about everything it has to offer.

    Related Post: How to Bet On the Arizona Governor Race

    How We Ranked the Best Sites for Election Betting Odds

    Reputation & Security:

    We first scoured the internet, reading hundreds of political bettor reviews and ratings for the betting sites, and then we tested the betting sites out to make sure they were offering a secure and reliable platform – whether you want to bet on bet on the Texas governor race 2022, or anything else, you should only trust reputable betting sites.

    Markets & Odds:

    For federal, state, and international politics, we analyzed the number of political elections and betting options available to players. We know that many political enthusiasts also like to bet on sports, so we also analyzed the betting options and odds for sports.

    Bonuses & Promotions:

    Just because a betting site offers a big bonus, it doesn’t mean it’s a good offer. We studied the wagering requirements of the promotions to determine their overall value, giving points for promos with fair or low rollovers and docking points for high deposit requirements or large playthrough rates.

    Banking Options & Payout Speed:

    No one likes waiting a long time to receive their winnings after successfully betting on a political candidate, so sportsbooks that offered fast payouts received higher points.

    We also know that some bettors like using traditional banking methods while others prefer crypto, so we awarded points to betting sites that offered a good mix of both.

    Here are some of the upcoming elections and races you can bet on:

    Guide to Best Sites for Political Betting and Odds

    Is Political and Election Betting Popular?

    Gambling in politics is massively popular in the US and all over the world. In the U.S. alone, there were more bets placed on the 2016 presidential general election across all online sportsbooks than all other sporting events in history, including all Super Bowls!

    Can I Still Bet On the Presidential Election?

    If you want to bet on the presidential election before the general election or primaries, top USA sportsbooks and eSports betting sites like BetOnline, Bovada, SportsBetting.ag, MyBookie, and BetUS offer early markets with some very fun and possibly lucrative prop bets. 

    How Do Political Betting Odds Work?

    Understanding the odds for politics is simpler than it may appear. When looking at a political party or candidate to bet on, you will notice the odds are listed as a positive number and a negative number.

    For instance, during the 2016 presidential race between Hillary Clinton and Donald Trump, on election night before the numbers for the popular vote and the electoral college started rolling in, most betting sites listed Hillary Clinton -700 and Donald Trump +500.

    The negative number next to Clinton represents the favorite, and the positive number next to Trump signals the underdog, so Hillary Clinton was a massive favorite over Donald Trump in this example.

    The odds are based on $100 wagers, so if you wanted to bet on Hillary Clinton, you would have to risk $700 for a shot at winning $100. In contrast, if you placed a $100 bet on Donald Trump, you would have won $500.

    Which of the Top Political Betting Sites is Best for Me?

    Making sure the sportsbook has a good stock for the politics you most like to bet on is a great place to start.

    If you want a betting site that offers great markets and good odds for state and federal political events and elections, then the top-rated BetOnline is an excellent option. They also offer new customers two different welcome offers, and there are some reload bonuses available, too.

    On the other hand, if you mainly bet on gubernatorial or senate races – for example, you might want to bet on the PA governor race, the betting options and odds at SportsBetting.ag are outstanding, so that may be the best site for you.

    And if you are looking for big bonus opportunities with low rollovers, then Bovada and MyBookie are excellent platforms, and they also have great odds and betting options for both state and presidential elections alike.

    Quick Comparison of the Top 5 Sites for Election Betting Odds

    BetOnline: This trusted sportsbook ranked at the top of our list for taking political bets online because of its incredible reputation, competitive political betting odds, and they also have great sports markets. New bettors can get a 100% match on their first deposit by using the code CRYPTO100.

    Bovada: Looking for a generous welcome bonus with low wagering requirements? Check out Bovada, then. It offers vast betting options for general election betting and voting futures. New players can bet on election markets here with a 75% match on their first deposit with a rollover of just 5x when they use the code BTCSWB750.

    MyBookie: Known as one of the best sports apps in general, it is a great option for presidential races and early odds for big presidential bet payouts, too. It offers new players a 100% match on their first deposit when they use the code MYB100.

    SportsBetting.ag: If you want to bet on all the different events, then SportsBetting.ag is your best bet. Use the code 100CRYPTO before making your first deposit for a 100% match.

    BetUS: This established sportsbook launched in 1994, and they offer betting options with good odds for US elections but are most known for their international markets. Use code JOIN200 for a 200% match on your first deposit.

    How to Sign Up at the Best Election Betting Odds Website

    Let’s take a look at the process of signing up at BetOnline, the top sportsbook to use if you want to bet on the Maryland governor race or anything else.

    Step One: Sign Up for a New Account

    Step Two: Verify Your Account

    • You will receive a text from BetOnline immediately after creating your account
    • Enter the code to verify your account

    Step Three: Deposit, Bet, and Win

    • Click the money or cashier symbol at the top of the page
    • Select “Deposit Now” and fund your account
    • You are now ready to bet on politics

    So, What is the Best Site for Election Betting Odds?

    We hope our in-depth analysis of the best online betting sites for political betting and betting odds provides you with ample information to help you decide the betting sites best for you. 

    Whether you want to bet on the Pennsylvania senate race, Texas governor race, or the presidential elections, you can find something on our list.

    BetOnline ranked at the top of our list because of its amazing reputation, political betting market with good odds, and vast sports markets. However, our other picks are a great choice for betting on elections, too.

    No matter which betting site you decide to go with, please always remember to bet responsibly.

    DISCLAIMER: The risks associated with online gambling are enormous and should be taken as an entertainment form solely. While your gambling fortunes might seem to yield some dividends, remember that the “house always wins.”

    Do you feel you’re getting addicted to gambling, or do you know someone facing a similar issue? There’s no need to worry, as the National Gambling Helpline is available at 1-800-522-4700 to give you much-needed assistance to reverse gambling addictions. Remember that all gambling sites and articles are for those who are 18+ only.

    Casino sites might not be accessible in your region. Always check local laws to see if online gambling is an activity you can partake in legally.

    Should you want further insight into gambling, visit these organizations for free gambling addiction resources:

    Troy Hanson