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Political betting is big business these days. Over £20million was wagered in the United Kingdom alone on the last General Election back in 2017, with several bookmakers taking six-figure bets on Election markets from customers across the UK.

Another UK Election – the third in just over four years – is looking likely in the coming weeks, and at time of writing, there is less than two months before the UK is scheduled to leave the European Union.

June 2016 saw the United Kingdom vote to leave the EU, but more than three years on, the UK remains in the EU and betting on Brexit continues to be big business for the bookies.

Parliament has officially been suspended for five weeks, with MPs not due back until October 14 – less than three weeks before the October 31 date which remains the official date for the United Kingdom to cease being an EU member.

The Parliament shutdown came at the end of business on September 9 following Prime Minister Boris Johnson's failed bid to call a snap election in October.

Although the PM’s calls for an election was defeated – for the second time in a week, as a result of opposition MPs insisting a law blocking a no-deal Brexit must be implemented first – it still looks as though the country will again go to the polls in the next couple of months, and almost certainly before the end of 2019.

To say there’s a lot for political punters to get excited about would be a huge understatement, and betting on politics is expected to grow in terms of the range of markets, and the sums wagered, in the coming months and years.

And while the immediate focus when it comes to the latest political betting odds concerns Brexit and the next UK General Election, betting on the next US Presidential Election is also popular – partly thanks to Donald Trump.

A wide-range of Brexit betting markets are proving popular as the future of the United Kingdom’s relationship with the European Union continues to dominate the news. If/when Brexit will eventually happen remains to be seen, and from a betting point of view, there are multiple angles to look at.

Brexit betting has been ongoing in various shapes and forms since before the EU Referendum. Back in 2016, ‘Leave’ had been 9/1 as polls closed on voting day, while Remain had been odds-on throughout the day as the United Kingdom went to the polls. In fact, a Remain verdict was rated about a 90% certainty with some bookmakers as the polls closed.

Close to £20m had been gambled on the outcome of the Referendum, and millions more have been wagered since then as political punters continue to bet on the UK’s future.

As well as betting on the possibility of yet another delay, most major bookmakers are offering No Deal Brexit odds, while you can also bet on a second EU referendum, the eventual Date of Brexit, plus odds on Article 50 being Revoked are also available.

When it comes to the next General Election, you can bet on the obvious markets such as the Most Seats won, the next Prime Minister, and the Year of the next General Election (2019 remaining favourite at time of writing, despite Boris Johnson recently failing with his attempt to win the backing of the two-thirds of MPs needed to call an early election).

Betting on the exit dates of all the major political party leaders is widely available, as are odds on the date of the PM's exit from 10 Downing Street.

Here at we’ll have the next General Election odds covered on these pages, as well as the latest Brexit betting news and plenty more!

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