How to make money in political betting?


g20 foto

Ever since a man named David Threlfall bet £10 that a man would walk on a celestial body before 1970 at odds of 1,000/1 back in 1964, novelty bets have been gaining in popularity, with novelty markets now offered at all major bookmakers. And while people continue to place wagers on prime time TV shows and current affairs, political betting has somewhat surprisingly caught on among punters from all over the globe. After both EU referendum in the UK and 2016 US Presidential Election attracted huge volume of bets, we felt the need to try and give you some pointers on how to make money by betting on political events.

Backing the underdogs could pay off

If you are one of those bettors who enjoy backing the underdogs in sporting events, then you should definitely deploy the same strategy when betting on politics. Brexit and Trump victory in the US election serve as a reminder that even the bookmakers can be wrong at times, as eventual winners had been considered long shots when the markets opened. The odds on both kept shortening as punters started to realise that numerous polls and predictions might not be spot on, resulting in bumper payouts for those who had backed Leave and Trump.

Place your bets early on and lock in the profit if possible

Those punters who placed their bets early on Leave vote in the EU Referendum and Trump in the 2016 Presidential Election must have been happy to see the market move in the desired direction as their winning chances kept increasing by the day. What it meant is that due to a considerable shift in favour of the outcome they had backed, the punters had the opportunity to basically cash out before the final event and secure nice profits without worrying about the final outcome. Rather than taking the risk of losing their original wagers, some decided to cash out and this tends to prove a good strategy to end up on the winning side whatever happens.

Don’t trust the media hype

Even though all the polls and media reports predicted landslide wins for their opponents, Brexit leaders and Donald Trump proved the mainstream networks wrong, as it turned out that things did not go according to plan. For one reason or another, the media tend to side with more popular and what they believe is the stronger contender, and they keep hyping them up in the build up to the main event, making people believe there is no way their beloved candidate would lose. However, that at times have just the opposite effect as people get angered by the reckless disregard of the truth and decide to vote for the underdog. Also, the more popular candidate in the media is not necessarily the more popular among the common folk, so you are definitely better off listening to what the persons around you are saying than believing the media hype.


Best 10 New Bookmakers

£10 SIGN UP HERE

18+. New customers only. Min deposit £20. Max One £10 Free Bet. Min turnover £20. Qualifying Bets must be placed at odds of 1/1 (2.00) or greater. Paid as bonus token with Min 4/5 (1.80) odds req. T&Cs apply.

£20 SIGN UP HERE

New customers sign up with code "bet50get20". Deposit £50 or more and place a £50 bet at min odds 2.0. Get a £20 free bet. Free bets expire after 7 days. Full terms apply. 18+ BeGambleAware.org

£25 SIGN UP HERE

18+ New Accounts Only. Min stake £10. Max Refund £100. refunds as Free bets. Win or or win part of E/W single bets only. Exclude multiple & ante post bets. Excludes multiple bets such as lucky 15s etc. Applies to cash stakes only. Free bets must be used in their entirety and to be credited within 24 hours. Full T&C's apply.

£30 SIGN UP HERE

New Players Only. Min £10 qualifying bets stake not returned. Free bet - one-time stake of £30, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from issue. Withdrawal requests void all active/pending bonuses. Excluded Skrill and Neteller deposits. 18+, #ad and begambleaware Full Terms apply.

£25 SIGN UP HERE

18+ New UK customers. Bet £10 on accas with 4+ legs, min odds 3/1 (4.0). Get 4x £5 Free Bets and 50 Free Spins, valid for 7 days on selected bets and games only. T&Cs apply. BeGambleAware.org

£10 SIGN UP HERE

Add a bet to your betslip with the minimum stake of £10 and tick “promotion opt in” on the betslip before placing your bet. Once accepted we’ll credit you with a £10 free bet. Minimum odds on qualifying bet 1/1 (2.0). Your qualifying bet must be placed within 7 days after claiming the offer.Only deposits via debit cards will qualify. Ends 31/12/24 at 23:59 GMT. Full T&Cs Apply.

£30 SIGN UP HERE

18+ New customers only. Opt in & bet £10+ via mobile on any football market at 2.00+ odds within 7 days. No Cash out. Get 6x £5 Free Bets on selected markets. Free bets expire in 7 days. T&Cs apply. GambleAware.org | Please gamble responsibly

£10 SIGN UP HERE

#ad. 18+. Gamble Responsibly. Gambleaware.org. New customers only. £10 in real money. Bets placed on sports at odds of 2.00 ore more to qualify. Bets must be placed 24 hours within of registration. £10 free bets must be wagered on sports. Cashback is cash without restrictions. - Full Terms Apply

£100 SIGN UP HERE

New Customers only. Min odds of 2.0. You will receive a 150% deposit bonus if your qualifying bet on the first day is four times your deposit. Full Terms apply. 18+ begambleaware.

£50 SIGN UP HERE

Full T&Cs apply. New UK customers only. The qualifying bet should be either a Single or Acca (2+ selections) bet, start at £10, have 1.9 or greater odds and must be settled within 7 days of sign-up. 5 Free bets which must be placed with a min odds of 2 include: 1 x £10 Free bet on any Pre-match Football game (single); 1 x £10 Free Bet for Horse Racing (single); 1 x £10 Free Bet for Acca (min 2 selections) Bet on any sport; 1 x £10 Free Bet for Acca (min 3 selections) Bet on any sport; 1 x £10 Free Bet for Acca (min 4 selections) Bet on any sport. Max payout – £500. 7 day expiry. To unlock the offer, complete the first deposit via the banking app (Open banking). 18+. BeGambleAware.com