Best Crypto Political Betting Sites in 2024: Election Betting Guide

Crypto political betting sites are gaining excitement as the US Election draws closer. Recently, online sportsbooks have predicted election outcomes more accurately than political polls and experts. For everything from global elections to competitive odds, get insights from CryptoNewsZ’s top list of best crypto sites for political betting.

Here’s a detailed guide on:  

• • How to choose crypto political betting sites
  • Popular political betting events
  • Type of bets on politics with crypto
  • How to join a political betting website

List of Crypto Political Betting Sites As Per Your Location

Best Crypto Political Betting Sites 2024 (Worldwide)

1. Vave – Best Crypto Political Betting Site
2. Mega Dice – Top Political Betting Markets
3. Stake – Bet on Politics With Bitcoin
4. Playbet.io – Online Sportsbook Offers Political Bets
5. BC.Game – Offers Multiple Political Bets With BTC
6. Betway – Prime Choice for US Election Betting
7. CasinoBet – Offers Favorable Presidential Polls
8. Thunderpick – Most Secured Site for Political Betting
9. Bovada – Best Prop Odds for Crypto Political Betting
10. MyBookie – Reputable Site to Bet on Politics

Reviews of Top Political Betting Sites With Crypto

At CryptoNewsZ, we analyze and explore more than 100 online casinos and narrow down the 10 best political betting websites. These websites offer the best odds and bonuses for betting using Bitcoin or any other digital currency.

How to Choose the Best Crypto Betting Site for Politics?

Betting sites for presidential elections vary significantly regarding market offerings and odds. To select the best betting site for your needs, consider the following key factors:

Reputation and Security

When choosing a betting site for politics, looking for a licensed and reputable one is necessary. Make sure to read the users’ reviews and feedback to judge the reliability of the betting site. Some election betting sites are upfront about it, while others may require users to dig deeper and do their R&D. It is ideal to look for SSL and TLS encryptions. Choose the crypto-friendly political betting site with a secure payment gateway to prevent information leaks. 

Payment & Withdrawal Options

The deposit and withdrawal method is also one of the most important aspects that you must consider before selecting any site for betting on politics. Make sure that payment methods are not limited to digital currency or Bitcoin but also give options like credit cards, debit cards, etc. Payouts on the majority of political betting sites are near-instant, which helps them retain users while ranking higher in the market.

Updated Odds

Look for election betting sites with cryptocurrency that offer more odds and options for users to select from. These could include outcomes specific to a region or number of votes. The usual option is placing wagers on the election winner. Casinos that go beyond traditional options and offer more competitive odds are better. 

Range of Betting Market on Politics

Choosing a political betting site with crypto with a wide range of markets enhances your wagering experience by providing more opportunities and options that match your preference. It allows you to diversify your bets, explore political events globally, and leverage varied odds. This variety increases your chances of making informed and profitable wagers.

Customer Service Quality

There are fewer chances that you’ll face any issues while placing your bets on the best crypto political betting sites, but quick and responsive customer support is a must if it happens. Look for betting sites that offer multiple ways to users, such as 24/7 live chat, email, FAQ, etc. Sites with telephonic customer service may also be considered the best option. 

Mobile Compatibility

In today’s scenario, betting on politics or any other event mainly takes place on mobile as it is more convenient. Opting for an online political site with a mobile application or smooth web browser is essential to betting on the go. Make sure to read the terms and conditions in case of legality issues. 

Bonuses and Promotions

Most of the sites that offer crypto betting on politics have higher welcome bonuses and match deposits. Many websites run promotions such as free spins and daily or weekly cashback, so read and compare them before selecting the political bookmaker. 

How To Join a Crypto Political Betting Site?

After choosing a winning candidate for the election, follow the steps below to create your new political betting account and start placing your bet. 

Step 1 – Choose a Political Crypto Betting Site With Bitcoin

Choose the best crypto betting sites for politics from the list mentioned above. Do thorough research and keep in mind the essential factors to match your preference.

Step 2 – Create a Betting Account

Next, navigate to the top of the home page and find the option to Sign Up or Register for new users. This will automatically redirect users to the next page, where they must provide mandatory information. Existing users can get started directly.

Step 3 – Deposit & Receive Crypto Welcome Bonus

Make your first deposit and receive a welcome bonus; choose your preferred deposit option from a variety of deposit methods, including Interac and credit cards like Visa and Mastercard. Once the money is in your account, you can place your first bet.

Step 4 – Bet on Elections with Crypto

Once you have funded your betting account, navigate to the politics section by searching for “Politics” or looking for a dedicated tab in the betting menu. Find your desired bet type whether it is a political party or individual candidate i.e.Donald Trump and Kamal Harris, review the political betting odds, and place your wager by adding it to your bet slip and confirming.

Step 4 – Withdraw Your Winning

Finally, if you win the bet, you can raise a withdrawal request. You can withdraw your winnings in the same or different digital currencies. Read the terms and conditions, as the waiting period may vary according to the platform, and some crypto sites also charge transaction fees. 

Types of Crypto Political Bets

One can place bets on politics in various ways at the best online betting site. The most popular type of political bet is made on the outcome of the election. Here are the different types of bets that one can expect from the best political betting sites : 

Moneyline Betting

Political moneyline betting allows you to wager on the winner of an election, such as the 2024 U.S. presidency. Once candidates are announced, political betting sites establish odds for each to win, which are displayed in moneyline format.

Political Prop Bets

You can place bets on various political prop bets unrelated to the election outcome. These secondary markets include predicting the vice-presidential nominee, the next political party leader, and whether the president will complete their four-year term.  

Over/Under (Totals)

Place your bets on the balance of power by choosing the Over/Under. For example, in the upcoming 2024 US presidential election, specific odds are set on the number of seats for each party. You can decide to put your money on a political betting site based on the outcome being over or under that number.

Futures Bets

As the name suggests, futures betting involves wagering only on future political events. It occurs before the selection of candidates for the elections, and the political betting odds are higher during that time because it is uncertain which candidate will be in the race for upcoming elections. For example, even though she’s vice president, Kamala Harris is +800 to be the next US president (bet $100 to win $800).

Exotic Bets

Political exotic bets offer a wide range of wagering options beyond the traditional outcomes of elections, such as candidates’ behavior. Donald Trump’s unpredictable behavior has led to a variety of exotic bets on political betting sites. For example, during the 2020 election, odds were offered on the number of times Trump would use phrases like ‘fake news’ or ‘Sleepy Joe’ during debates.

Best Crypto Political Betting Events Worldwide

Betting on politics is not a one-time event, as several events run worldwide, which interests the bettors. Here is the list of the most popular upcoming political events that attract a significant attraction and higher odds, which gives you a chance to win big:

US Presidential Elections

The most exciting and thrilling upcoming political event for bettors is the US presidential elections. Political betting sportsbooks offer a wide range of props and special bets where you can place your wagers. This year, the election will be held on November 5th, 2024, and the political betting market fluctuates, and odds constantly change due to ongoing debates and campaigns of both Donald Trump and Kamla Harris after U.S. President Biden stepped down for the Democrats and announced that he would not be seeking re-election in 2024.

Must Read: Kamala Harris & Donald Trump Tie on Polymarket after Debate
Debate Impact on Polymarket: Trump’s Odds Fall & Harris Climbs to 49%

UK General Elections

According to the betting perspective, after the US 2024 presidential election, the second most popular political event is the UK general election. Regarding the volume of bets placed, it is on par with the US election. This occurs every 5 years but can be held sooner as it is not uncommon for the political party leader to resign in the UK before ending their term. In the UK, betting on politics and elections is allowed subject to their country’s laws, because of which top online bitcoin political betting sites offer the most competitive odds. 

US House & Senate Elections

Betting on US House and Senate elections is gaining popularity among political enthusiasts. These markets allow bettors to wager on outcomes like which party will control each chamber or specific states. Factors such as polling data, historical trends, and candidate profiles influence the betting odds of the political market. If you are considering placing a bet on the outcome of the 2024 US Senate elections, focus on a key race in a swing state, such as Pennsylvania.

International Elections

Betting on international elections is gaining traction, driven by the unpredictable nature of global politics. Platforms now offer diverse markets, from major presidential races to regional elections. Bettors analyze polls, political trends, and historical data to capitalize on their political insights and predictions. It is an exciting opportunity for wagers to bet on world leaders through political betting sites using cryptocurrencies.  

Other Political Betting 

Apart from the major elections, users can also bet on different aspects of politics, such as public opinion polls, referendums, Inauguration speech content, State of the Union Address, Bill passage, Executive orders, etc. These events may not be significant, but they surely affect the odds of a bigger election. If you are new to political betting, you can start placing bets on these small events to get better insights before placing higher wagers.

How Do Political Betting Odds Work?

Political crypto betting odds reflect the probability of various election outcomes, often expressed in fractional or decimal formats. Odds indicate how much a bettor can win relative to their stake and are influenced by public opinion, campaign developments, and expert analysis. For example, if you were betting on Trump or Kamal Harris to be the next U.S. President and they had an equal chance, the odds would be +100, indicating an implied probability of 50%.

The sites for election betting mentioned above offer comprehensive markets for the 2024 U.S. Presidential Election, including other odds. Betting odds fluctuate based on candidate performances and political events. Current odds might show a frontrunner with lower odds, indicating a higher chance of winning, while other candidates have higher odds, reflecting longer-shot chances.

Tips for Betting on Trump & Harris With Crypto

Whether you’re betting on election results or another political event, diving into the world of politics can be exciting and complex. To minimize the risk while betting on politics, consider the following below-proven tips: 

Use Information on Polls Discerningly — Politics is a dynamic field with constant shifts and turns. Regularly follow reputable news sources, watch debates, read manifestos, and stay updated with polls. The more you know, the better your predictions can be. 

Understand the Political Market Odds — Familiarizing yourself with the political market odds and how they work is essential to making informed bets. It helps you assess candidates’ winning probabilities, identify value bets, and manage risks effectively. By staying updated on shifting odds, you can better predict election outcomes and maximize potential returns on your wagers.

Diversify Your Betting Options — Stay informed about which betting sites offer the best odds and diversify your bets accordingly. There is a high chance that one site might offer you the best future odds, but another site offers the same at a low price and other multiple bet options as well. 

Don’t be Political Bias — While betting on politics using crypto, put aside your own biases towards a particular political party and bet on those who offer you the best outcome and most competitive odds. Don’t get influenced by your personal opinion and follow the right betting strategy as per the market. 

Consider External Factors — Politics doesn’t exist in a vacuum. Consider global events, economic shifts, or major societal changes that could influence political outcomes.

Crypto Political Betting Sites Quick Facts

2024 U.S. Presidential election date	Nov. 5, 2024
Democratic nominee	Kamala Harris
Republican nominee	Donald Trump
Political bet types	Moneyline, props, totals, futures
Political betting favourite	Donald Trump
Legal age for betting	19 (or 18 in AB, MB, and QC)

Gamble Responsibly at Election Betting Sites

It is crucial to gamble responsibly, whether you bet on politics, sports, or games. Election betting sites offer exciting opportunities, but it’s essential to approach them with caution. They always carry an inherent risk, which might convert the winning situation into losses. Set limits on how much you wager and stick to them to avoid overspending. Always remember that betting outcomes are uncertain, and there’s no guaranteed win.

Stay informed and make decisions based on research, not emotion. If you find yourself struggling to control your betting habits or if gambling starts affecting other areas of your life, seek support from professionals or reach out to a trusted advisor. Responsible gambling ensures a safer and more enjoyable experience.

Wrapping Up 

Many significant elections are on the horizon, be it U.S. Elections, EU, and beyond, with increasing political betting lines and daily updates in the odds. Our recommended crypto political betting sites excel in offering everything from competitive odds to future bets on election winners. Select one and start placing bets on upcoming political events today to increase your potential winnings. 

FAQs

Is It Legitimate to Bet on Political Events With Crypto?

Betting on political events with crypto is legal if the regional authority licenses and approves the website. Before starting to wager, it is important to read the gambling laws in your region.   

Is Crypto Political Betting Ethical and Safe?

Yes, betting on politics with crypto is safe as long as you do it on our recommended sites or platforms with SSL encryption. Since betting has no impact on the election outcome, it can be called ethical.

Is It Possible to Bet on Trump or Harris With Cryptocurrencies?

Yes, it is possible to place bets on political parties or candidates such as Trump and Harris using cryptocurrency.  It has gained momentum during the global lockdown, making great news for crypto enthusiasts. You can place bets using currencies such as Bitcoin, Ethereum, Tether, Dogecoin, etc. 

What Are the Minimum and Maximum Bet Amounts for Political Betting?

Minimum and maximum bet amounts for political betting vary by platform. Typically, the minimum bet ranges from $1 to $10, while maximum bets can range from $500 to $10,000 or more. Always check specific platform rules and regulations, as limits may differ based on the event and region.

Is Political Betting Legal in the United States?

In the United States, betting on politics is mostly illegal under federal law. However, some platforms operate under specific regulations for academic purposes, allowing you to place bets on elections. Always verify local laws and regulations, as they may vary by state and influence the legality of political betting.