There will be a Canadian Federal Election this Monday, September 20th, 2021. Justin Trudeau, the current Prime Minister and leader of the Liberal Party of Canada, was granted permission to dissolve government and call the election back on August 15th.
Last years US Presidential Election showed us there is an appetite for political betting among Canadians.
On this page I will recommend an online sportsbook for betting on the Federal Election from Canada, look at the odds for the winning party and outline the various election bets available online, and finish with a simple 3 step guide you can follow to place your Canadian Election bets online quickly and easily.
Best Betting Site For Canadian Election
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SportsInteraction.com is our top rated betting site for Canadians interested in betting on the Federal Election. SIA has the best variety of odds for the Election of our recommended sportsbooks for Canadians.
2021 Canada Federal Election Odds
Here are the odds for the Canadian Federal Election winner (odds taken on September 16th – half a week from Election Day):
- Liberal Party 1.33
- Conservative Party 3.00
- New Democratic Party 51.00
- Bloc Quebecois 501.00
- Green Party 501.00
- People’s Party of Canada 501.00
As you can see the Liberal Party is still a favourite to win the Election, but their odds have lengthened significantly from the opening odds of 1.04 to win a few days after the election was called. The Conservatives are being given a shot at odds of 2-1, which is much shorter than their opening odds of 7-1.
The current odds indicate that the Liberals have an implied probability of 75.2% to win the election, while the Conservatives have an implied probability of 33.3% to pull off the upset. The extra 8.5% includes the juice and the very small chance that a party other than the Liberals or Conservatives wins the election.
How To Bet On Canadian Election – 3 Step Guide
Complete this three step guide to place your bets on the 2021 Canadian Federal Election online from anywhere in Canada.
Step 1. Join SportsInteraction.com
Click the above link, select ‘Open Account’ on the landing page, and complete the sign up form to open your account.
Step 2. Deposit
After logging into your SIA account click on the ‘Deposit’ button. Choose one of the deposit options and follow the instructions to fund your account.
SIA accepts Interac (recommended), Visa, MasterCard, and various e-wallet and prepaid voucher deposits.
Step 3. Place Your Federal Election Bets
It’s time to place your bets.
- Click ‘Sports’ from the top navigation bar.
- Open the ‘Politics’ drop down menu and select ‘Canadian Election’.
- Click the odds of the bet you want to make to add it to your Bet Slip.
- Enter your wager amount and click ‘Place Bets’ to confirm your bet.
Ready to bet? Click here to visit SportsInteraction.com.