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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2021 Canada Federal Election Odds
Here are the odds for the Canadian Federal Election winner from Bodog.eu (odds taken on September 16th – half a week from Election Day):
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.
Bodog also has over/under betting lines available for the number of seats won by each of the six parties, as well as a prop bet on whether the Liberals will win a majority.
The odds will change as we get closer to election day. To see the up to date odds and place your bets head to Bodog.eu, select ‘Politics’ from the ‘All Sports’ menu and then select ‘Canadian Politics’ from the ‘All Politics’ drop down menu.
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 Bodog.eu
Click the above link, select ‘Join Bodog’ on the landing page, and complete the sign up form to open your account.
Step 2. Deposit
After logging into your Bodog account click on your accounts drop down menu and select ‘Deposit’. Choose one of the deposit options and follow the instructions to fund your account.
Bodog accepts Visa, MasterCard, American Express, Interac e-Transfer, bank transfers and bitcoin deposits.
Step 3. Place Your Federal Election Bets
It’s time to place your bets.
- Click ‘Sports’ from the top navigation bar, open the ‘All Sports’ drop down menu and select ‘Politics’.
- Open the ‘All Politics’ drop down menu and select ‘Canadian Politics’.
- 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 Bodog.eu.