How to Bet on the Canadian Election

How to Bet on the Canadian Election

Canadian elections aren’t just about casting a ballot—they’re also a prime opportunity for savvy bettors to get in on the action.

At Sports Interaction, you can bet on everything from who wins the most seats to how many the Conservatives will walk away with. Here’s how it all works.

Understanding Political Betting Odds

Election odds work just like sports odds. They’re listed in American format:

  • A plus number (e.g. +550) means a $100 bet would profit $550.
  • A minus number (e.g. -250) means you need to bet $250 to profit $100.

These odds reflect probability—but also public sentiment and momentum. In other words: they move, just like polls.

Popular Election Bets at Sports Interaction

Who Will Win the Most Seats?

This is the main event—just pick the party you think will win the most seats in the House of Commons.

  • Liberal Party: -325 (favourites)
  • Conservatives: +240
  • Bloc Québécois: +50000
  • NDP: +20000
  • Green Party: +20000

If you think the Conservatives can flip enough ridings to win the seat count, a $100 bet at +240 returns $340 total.

Conservative Seat Totals (Over/Under Style)

These bets let you predict how many total seats the Conservatives will win:

  • 99 or less: +1200
  • 100–119: +350
  • 120–139: +150
  • 140–149: +700
  • 150–159: +550
  • 160–169: +700

Think they’ll just squeak into majority territory? A bet on 150–159 seats at +550 could pay out nicely if they land in that range.

Minority vs. Majority Government

Pick the structure of the next government:

  • Conservative Majority: +400
  • Liberal Majority: -165
  • Conservative Minority: +550
  • Liberal Minority: +550

If you’re betting on a Liberal win but think they’ll fall short of a majority, the +550 on a Liberal Minority is an intriguing value play.

Popular Vote Winner

This one’s about who wins the most votes nationwide, regardless of how that translates into seats:

  • Liberal Party: -250
  • Conservatives: +185
  • NDP / Bloc / Greens / PPC: Huge long shots (+10000 to +50000)

With the Conservatives gaining in the polls, you might see value in +185 here—even if they don’t win the most seats.

Provincial Markets – Like British Columbia

You can also wager on regional outcomes, such as which party will win the most seats in a specific province.

In BC:

  • Liberals: -250
  • Conservatives: +188
  • NDP: +2000
  • Greens: +5000

If you think the NDP’s strong base in BC could spark a surprise, +2000 gives you big underdog odds.

To Win 2nd Most Seats

This market flips the script—who’s going to come in second?

  • Conservatives: -325 (expected to trail the Liberals)
  • Liberal Party: +240
  • Bloc Québécois: +2000
  • NDP / Greens / PPC: Massive long shots

This is a fun hedge if you expect a shakeup but not enough for an outright win.

Tips for Betting on Elections

  • Follow polling trends, but don’t overreact to one-day swings. Odds reflect long-term sentiment more than flash polls.
  • Regional markets can offer more value than national ones—especially in battleground provinces like Ontario, BC, and Quebec.
  • Look for line movement. If you see odds shortening on a party or outcome, it may reflect inside info, polling trends, or early money coming in.

Responsible Political Betting

This is entertainment, not a career path. Set a budget, stick to it, and bet with your head—not your heart. Sports Interaction also offers responsible gaming tools to help you stay in control.

Make a Bet on the Canadian Election

Betting on the Canadian election is a unique way to stay engaged with national politics—and maybe cash in on your political instincts. Whether you’re betting on a Conservative seat range, a Liberal majority, or a surprise win in BC, Sports Interaction has you covered from coast to coast.

First things first – open a Sports Interaction account to get started! It’s quick and simple. Then, check our our Canadian election odds to see the latest line moves.