Best Canada Election Betting Sites: Bet on Upcoming Canadian Elections 2025

Top political betting sites in Ontario

Political betting is still a relatively new betting category in Ontario, but all 10 sportsbooks listed below let you place bets on the Canadian Federal Election. Some even allow you to place bets on elections outside of Canada, so be sure to browse the full politics category for available options.

Ontario residents only

19+. Gambling can be addictive, please play responsibly.

Latest Canadian election betting odds

Canadian Federal Election Odds 2025

The Canadian Federal Election on April 28 is attracting considerable betting interest, as it's easily the most significant Canadian election of the year.

The main betting market for the Canadian Federal Election on Apr. 28 is "political party to win the most seats." In other words, which party will be sworn into government? 

Prime Minister Mark Carney's Liberals are the clear favourite to win the election, followed by the Conservatives. Here are the latest odds:

Next government odds

This is a straightforward "who will win?" betting market. In most cases, the party that wins the most seats in the House of Commons forms the government, as they are most likely to hold the confidence of the House.

Note: The odds above do not reflect a majority or minority government result. They are simply projecting which party will win the most seats and thus, win the election.

Popular vote odds

The popular vote projects which party will get the most votes overall. Since Canada has a first-past-the-post system, a party can win the popular vote but not the most seats.

The Liberals are the favourite to win the popular vote as well, but the margin is much thinner than the most seats betting market above.

Odds courtesy of bet365, FanDuel, DraftKings, and Sports Interaction as of Apr. 23, 2025.

You can find additional election markets on all sites, with FanDuel offering over a dozen, including the winner of the most seats in all 10 provinces.

How to choose the right political betting site

Not all political betting sites are created equal. Some have more markets than others, and you'll find slightly varied odds at all the books on our list. When it comes to picking your favourite betting sites, here are the most important factors to consider:

Reputation and trustworthiness

You’re putting your hard-earned money and personal information on the line when using any betting site, so you need to have complete trust in the one you’ve chosen. The best political betting sites have built up and, more importantly, maintained a stellar reputation with their customers.

Licensing and regulation

We only use and recommend political betting sites that are fully licensed and regulated by a reputable regulatory body. Before depositing any money into a betting site, ensure they are properly licensed and regulated so you know they are safe, legitimate, and have some regulatory oversight.

Variety of betting options

Not all political betting sites offer the same markets. The betting options offered from site to site can vary considerably. The best political betting sites offer several betting options. Be sure to review what bets they have available when choosing your preferred betting site.

Competitive odds

Finding competitive odds can dramatically impact how much money ends up in your bankroll when you make winning bets. Creating accounts at multiple political betting sites can be advantageous, as it helps you shop around to find the best and most profitable odds for a wider range of markets.

User-friendly interface

Using a political betting site should be easy. It should take only a few minutes (at most) to make a deposit, place a bet, and request a withdrawal if it wins. A difficult-to-navigate interface or painfully slow withdrawal time can quickly ruin your betting experience.

Payment options and security

The best political betting sites offer several safe and quick deposit and withdrawal options. Those options should be quick whether you’re moving money in or out of your account. Security should also be a top priority for the best political betting sites. Your data and funds should be safe and protected by the top security measures available.

Obviously, fastest payout sportsbooks get our best ratings in this category. 

Customer support

If you run into any issues with your account or have a question about using a political betting site, customer support should be easy to access and provide timely assistance. The best election betting sites have several ways to access customer support, such as live chat, phone, and email. On top of that, some of these methods are available 24/7.

Political betting tips

Unlike sports betting, political betting doesn't usually have a long list of trends or analytical data to study. There's certainly no such thing as an injury report or weather scouting. 

However, there are a few things you can study and pay attention to that can improve your chances of making successful political bets.

Know the numbers

First, before you place any bets, make sure you have a good understanding of how odds work. If you’re a sports bettor, you’re likely already familiar with how odds are written out and what they mean. If you’re more of a beginner bettor, here’s how decimal and American odds work at political betting sites:

Decimal odds

High decimal odds mean the outcome of that bet is less likely to happen. Lower decimal odds indicate a greater chance of it happening. To calculate decimal odds, simply multiply your wager by the decimal odds. For example, if you were to wager $100 on 1.50 odds the potential payout is $150.

American odds

American odds follow roughly the same rules. Positive odds (i.e., +200) are considered underdogs, while negative odds (i.e., -175) are considered favourites. The number you see equates to $100 bet amounts, so if you bet $100 at +200 and win, you get back $300 total (your original stake plus your winnings).

For favourites, you need to bet the odds number to win $100, so if you wagered $175 at -175, you'd see a total return of $275. These numbers scale up and down based on the amount of your bet, so even a $5 bet returns the same ratio of winnings. 

Stay current on polling trends

If you’re making frequent political bets, it pays to keep up on the news. Keep an eye on what’s happening in Washington D.C., Ottawa, or London, England, if you’re betting on Presidential and Prime Minister elections. 

How will the economy factor into an election? What are the most recent polls saying? Also, don’t get all your political news from one source. Reading or watching the news from different media outlets will give you a better view of what’s happening on both sides of the political spectrum.

Check your biases

Don’t let your political biases impact your betting habits. You shouldn't let your sporting allegiances affect your sports betting picks, so don't let your political beliefs sway your election picks, either. 

Bet with your head and not your political heart. The squares you check at the ballot box don't always have to match the box you check on your bet slip.

Shop around for the best price

It’s often more lucrative to use multiple political betting sites. That’s why we’ve listed our top five choices. By having accounts at multiple sites, you can shop around for the best odds on your preferred bet. 

Different sites may also give you access to more betting markets. One political betting site may only post odds on presidential elections, for example, while others may offer odds on additional elections or a larger selection of props and futures.

Other election betting events

Here's a look at a few upcoming political events in the near and long term that we expect will draw considerable betting interest.

Canadian Provincial Election betting

Provincial elections in Canada have begun drawing considerable interest from bettors and political betting sites in recent years. The most recent provincial election in Manitoba had a somewhat surprising outcome that could have been profitable for bettors picking the underdog. 

On Feb. 27, Ontario Premier Doug Ford was re-elected, winning a third majority government.

Newfoundland and Labrador is the next province expected to have an election, with a scheduled date on or before Nov. 24, 2025. Watch for odds when the writ is officially dropped. Typical betting markets are about which party will form the provincial government or who will take over as Premier (if party leadership is unclear or in a state of transition).

2028 U.S. Election betting 

Odds are already available for the 2028 Presidential Election, and Vice President JD Vance is currently favored for the top job. Even if Vance doesn't win, Republicans are favored (-125) over the Democrats (+100) to retain the presidency. 

Odds courtesy of FanDuel and bet365 as of Apr. 23, 2025.

U.K. Election betting

The next United Kingdom general election is scheduled for no later than Aug. 15, 2029. Here are the current odds for who will be the next Prime Minister and which party will win the most seats:

Next Prime Minister

Most Seats

Odds courtesy of bet365 as of Apr. 23, 2025.

Past political betting events

How to sign up for a political betting site

After you’ve read through our list of the best political betting sites and narrowed down which is the right one for you, registering and making your first deposit is easy. Just follow this simple step-by-step guide to get started.

1. Choose a political betting site

Any of the sites we recommended above are great choices. If you want to go with a different site, just make sure you've carefully evaluated it using the same factors we do.

2. Register your account

To begin the registration process, you’ll need to provide some standard personal information such as full name, date of birth, mailing address, and email address. 

This personal information may need to be verified to authenticate your identity, your age and where you live. This verification process can usually be completed with a government-issued identification. 

3. Deposit

After your information has been verified, you can make your first deposit into your account. Choose your preferred deposit option and enter the necessary financial information. Most deposit methods take only a few seconds to complete. Once the money is in your account, you can place your first bet.

4. Make your first bet and cash out

Now that your account is created and properly funded, navigate to the political betting market section. Find the election race you want to wager on, confirm the odds, and add it to your bet slip. Then, confirm your bet to make it official.

If you're right, you'll be able to cash out your winnings immediately. Navigate back to the 'Banking' or 'Cashier' section of your betting site to find the 'Withdraw' option. Follow the steps to send your profits back to yourself. 

How we rate and review political betting sites

At SBR, we rate and rank political betting sites by reviewing many factors. We only recommend political betting sites that live up to our high standards and offer a safe and enjoyable betting experience. Before assigning a political betting site a rating of any kind, we thoroughly review the following categories:

• Key Features: Early cash out and in-play wagering are musts for any respectable sportsbook at this point, but we give extra points for operators that go above and beyond with things like live streaming and unique promos.
• Ease of Use: Sportsbooks that offer dedicated apps are a definite plus, but we're really more concerned with the overall mobile experience (in other words, browser-based apps are totally fine as long as they're optimized well).
• Security and Trust: You should only use betting sites that are transparent with their licenses and other regulatory measures.
• Banking Options and Payout Speed: Direct bank transfers and credit cards are the bare minimum here, but it's arguably more important to find political betting sites that process your deposits and withdrawals quickly and with zero hassles.
• Betting Market Availability: A political betting site is only as good as the markets it makes available to users, so we've identified sportsbooks that actually let you bet on politics.

We put every political betting site to the test by experiencing first-hand what they have to offer. This includes creating an account, making a deposit, placing bets, and requesting a withdrawal. We're not going to recommend any site to our readers unless we're willing to use it ourselves first so we can judge how good (or bad) the experience is.

Legal aspects of political betting in the U.S. and Canada

The best political betting sites offer odds on elections and political events from around the world. However, is it actually legal to bet on politics and election results in the United States or Canada?

In the U.S., the answer is no. Under current laws in every state with a form of legalized betting, wagering on politics and election outcomes is prohibited. If you want to bet on who will be the next U.S. President, you will not be able to place that bet at legal sportsbooks anywhere in the U.S.

Things are a bit different North of the border. Political betting is perfectly legal in Canada.  In addition to Canadian Federal Election markets, we saw lots of international political markets in Canada, including many options for the U.S. and U.K. political spheres.

Types of political bets

The most popular type of political bet is simply wagering on the outcome of an election. However, political betting sites offer much more variety than just those simple bets. Below, we provide a rundown of the most popular types of bets and how they work.

Moneyline

Once the candidates in an election are determined, political betting sites will often set moneyline odds for who will win. These odds could be for something as lofty as the White House or lesser (but still important) positions like Congress, the Senate, or a mayoral race. For example, current Vice President Kamala Harris has roughly +130 moneyline odds of winning in November.

Over/Under (totals)

Total bets allow a bettor to wager on the over/under of a number set by a political betting site. For example, you may see odds on the number of seats a party gets in Parliament or Congress for example. A political betting site could set the Republican total at 221, and you decide whether to bet on the outcome being over or under that number. 

Prop bets

There are often several prop bets that are connected to an election result, or they could even be unrelated to the actual election. A few prop bet examples include the Vice President running mate, the next leader of a party, or how much the stock market will rise or fall on election day.

Futures bets

If you’re betting on who will win the next presidential election, you’re making a futures bet. As the name suggests, a futures bet is when you wager on a future outcome. Typically, the more choices that are available, the better the odds listed for the futures bet. These bets could take weeks, months, or even years to settle. 

Exotic bets

Exotic bets often focus on a candidate’s behaviour during an election. There have been many exotic bets offered by political betting sites on Donald Trump, due to his reputation for erratic behaviour. For example, you may find over/under odds on how many times Trump will use the phrase “fake news” at a specific campaign rally or debate. 

Political betting recent news

Here's the latest news and notes from the political betting scene:

Political betting sites summary

Here's a quick breakdown of the important details you need to know when it comes to the best political betting sites:

Odds courtesy of bet365 as of Apr. 23, 2024.

Political betting sites and responsible gambling

No matter what you’re betting on, whether it’s sports, politics, or casino games, it’s important to play responsibly. Risk is always present in all forms of gambling. Even something that looks like a guaranteed win could turn out to be a loss. 

Some of the signs of problem gambling include being unable to stop gambling, chasing wins to overcome past losses, neglecting your responsibilities in favour of gambling, mood swings, and constantly claiming you can stop anytime. 

If you (or a loved one) are showing signs of problem gambling, there are many resources available to you that can help. Speak to your doctor or health care provider, or check out any of these free resources:

• ResponsibleGambling.Org - A resource to connect you with various counsellors and tools to help.
• CAMH - The Centre for Addiction and Mental Health is Canada's largest mental health and addiction organization.