Written by
Nikola Jekic
Last time updated
04/10/2023
Politics and election betting have been around for quite some time now. Almost all Australian bookies offer odds on the biggest political events, so it can be hard to decide where to bet. That’s why we put together a list of the best politics betting sites in Australia.
If you’re new to betting on politics, we also explain the most popular markets and list the events you can bet on. More experienced punters can jump straight to the top 5 bookies list below.
Even though election betting isn’t nearly as popular as sports or horse racing betting, there are still many great bookies offering odds on the latest political events. We selected the top 5 politics betting bookies for our list based on several criteria such as the number of markets, event coverage and quality of odds.
Every betting site listed above has been rated and reviewed. If you want to learn more about any of these operators before registering, we suggest looking at some of our in-depth bookmaker reviews.
Why Palmerbet Gets Our Vote
The best bookies will not only offer Australian politics betting but also have a host of markets from across the world. We believe Palmerbetjust edges this due to the mix of domestic and international odds. On top of that, you can take the Palmerbet promo code and use some of their bonuses to boost your bets on politics.
Palmerbet is one of the best online betting sites in Australia, and it offers competitive political odds and covers a wide range of different markets, especially those for Australian state elections. They also have a great mobile betting app and the chance to take advantage of odds boosts and multi bets.
Election odds are usually even more volatile than sports or racing prices. That’s why it can be hard to guess which betting site consistently offers the most favourable prices. Because of that, it would be best for you to do an odds comparison test before betting on politics, just to make sure your bookie is having the highest odds available.
We have done a test like that below, just to show you what it should look like. As you can see from the table, election odds can be widely different depending on the bookie, so always shop around for the best prices. Betting with the bookie offering the best odds is a quick way to boost any potential winnings.
Best Politics Odds Bookies
Vic State – Sworn In Government
Palmerbet
BlueBet
bet365
Labour
1.35
1.33
1.22
Coalition
3.05
3.1
4.0
Any other party
101.0
51.0
101.0
What Countries are Covered?
There is nothing to worry about if you want to place a bet on local politics. Every bookie around here covers both state and federal elections in Australia, so there will be plenty of great options to choose from, especially with bookies like Palmerbet and BlueBet.
On the other hand, if you’re interested in betting on foreign elections, you may like bet365 or Unibet. These two are international brands so, naturally, they cover a much broader range of political bets from around the world.
Here are just a few select markets covered by the best bookies. More markets will pop up if elections are close in other nations:
Australian Federal Politics
Australian State Politics
New Zealand Politics
UK Politics
US Politics
Brazilian Politics
Australia Elections Betting
All of our recommended bookies will cover domestic Australian politics. Having these markets so well catered for is a big reason to big an Aussie betting site. They will still cover all major international elections but won’t avoid important elections at home.
You will be able to bet on Australian federal politics, usually needing you to predict the winning party of the next election, as well as the state elections, including Victoria, NSW and Northern Territory.
US Elections Betting
US elections are, by far, the most popular event with punters, which is why bookmakers usually offer many more markets than for any other similar event. Every betting site from the list above has the US elections odds months before voting begins. You can also try a range of other markets, such as:
Democratic presidential nominee
Republican presidential nominee
Winning party
Who will win which state?
The great thing is that most of these US election betting markets are available even years ahead. But as we are approaching the elections, there will be more and more bets popping up. We highly suggest you go around and compare odds before betting because prices can be widely different depending on the bookie.
It’s not all about election results. Bookies usually offer several different bets under their politics tabs. We can group those bets into two major categories:
Election betting – You’re trying to guess an election winner. It can be elections for a president, parliament or even a city major.
Predictions – Bookies also offer an option to bet on different outcomes from the world of politics. For example, the year of the next UK general election or who will be the next leader of a politial party.
Most Popular Politics Bets
Politics betting isn’t the most fertile ground when it comes to the selection of bets. Most bookies offer just one or two market types, meaning that you usually won’t have that many options to choose from. We list all of the most popular politics betting markets below, so scroll down and give them a look.
Win Markets
This is the most straightforward bet there is. It works completely the same as betting on cricket or any other sport. You simply need to pick the winner of the selected elections. It’s so simple that even complete newbies can understand it with ease.
You can back up a winning side of almost any kind of election. It includes:
Presidential elections
Elections for parliament
Winning political party
Referendums
However, keep in mind that politics is very volatile and that odds can change very quickly. Even though win bets are very convenient, don’t forget to do your research before betting.
Futures
Better-equipped bookmakers also allow you to place novelty bets that are a year or two away. For example, you can back a politician you believe will be the next president of France or try to guess when the next elections in the UK will take place. Same as with any other future bets, be extra careful when choosing your picks because a lot can change in such a long time.
Over/Under
In some rare cases, bookies can make it possible to place over/under election bets. For example, you can try to guess whether the Australian Labour Party will win more or less than 30% in the upcoming elections. However, these bets are very rare nowadays, so don’t be surprised even if our top election betting sites don’t have them.
Politics Betting on Mobile
If you want to try election betting on mobile, we suggest downloading the Unibet app for iOS or Android. Not only does this bookie offer a great range of politics bets, but they also have one of the top betting apps in Australia. All the odds and markets are easily available when betting on the go, as well as other special features, such as multi bet builder.
If you’re not a fan of downloadable apps, just visit the Unibet website with a mobile browser, log in with your account and keep betting as usual. Their mobile website is fully optimised for all devices and offers the same features as the desktop site and native apps.
Just one misstep or scandal can turn elections upside down. That’s why politics bets can be just as hard to get as sports or racing. Even if you already have some experience with other types of betting, you still need to learn a lot to become an election betting aficionado. These are our experts’ top tips for betting on politics:
Don’t blindly trust polls – Even though polls can be a great indication, you shouldn’t trust them completely. Always take a look at the poll details and check if the source is reliable.
Gauge public opinion – It doesn’t matter how you do it but gauging public opinion ahead of an election is vital. Talk to friends and family or take a look at social media. Getting an idea from those who will be voting could be crucial.
Don’t bet with your heart – Politics is a sensitive subject for many people, so it can be hard to be completely objective. But you shouldn’t let your emoting guide you when betting. Look at polls, read a variety of news sources and make your decision based on that.
Conclusion
Betting on politics can be very fun and exciting, especially when important elections are closing in. However, the biggest downfall is that there just aren’t that many events and markets available. While politics betting can’t replace sports or racing, it can definitely be an interesting alternative from time to time.
The best politics betting sites in Australia have everything covered. Joining them will give you quick access to odds for elections and political events in both Australia and across the globe.
We have reviewed the best politics betting sites in Australia to help narrow your search.
What is the best politics betting site in Australia?
Most of the best Australian betting sites offer betting on politics. We are big fans of Palmerbet due to their excellent mix of domestic and international markets. That said, all of those on our recommended list are worth considering.
Can I bet on Australian federal elections?
Yes, you can bet on Australian federal elections at local betting sites. They usually offer a few different win bets, such as the winning party market. The odds are available months in advance, so you can back up your favourites even before voting begins.
How to bet on the US presidential elections?
US elections are one the most popular political events with Aussie bookies, so you won’t have a hard time finding where to bet. Just visit one of the bookies, register an account and place your bet. If you’re not sure where to bet, check out our list of the best election betting sites for Aussies.
What politics betting markets are available?
Australian betting sites usually offer a handful of politics betting markets, which include the election winner, the winning party, potential coalitions, and so on. Keep in mind that there are far fewer markets for betting on politics compared to sports or racing betting.
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Our experts manually test and compare every betting site to offer our readers detailed and up-to-date information. We rank bookies based on several important criteria, including apps, markets, odds, special features etc. To learn more about the review process, visit the How we rate page.
We are a professional review site that may receive compensation from the betting sites and products we review. We test each bookmaker to a high standard and all views given are our own.