Canadian Election Odds

How to Bet on Canadian Election Odds

You can place a futures bet on the winning party of the next Canadian federal election. Futures bets are wagers placed on events that will happen at some point later. These are bets on a more significant outcome that have yet to be decided. The odds are constantly in flux.

How to Read Canadian Election Betting Odds

Odds can be displayed in American (or moneyline), decimal, or fractional formats. Depending on your preference, you can change your odds format at most betting sites.

As the name suggests, American odds are commonly used in the U.S., giving you a triple-digit or higher number with either a minus or plus sign.

The whole American odds (or moneyline odds) system is based on betting $100.

The numbers next to a minus sign (-) tell you how much you must bet to win $100. The plus symbol (+) beside the numbers tells you how much you can win by betting $100.

The negative sign indicates the favourite, while the plus sign points to the underdog.

What are the Canadian Federal Elections?

Canada’s federal elections are held to elect members to the House of Commons. Citizens aged 18 and over vote for a candidate in their local area, called a riding, and the one with the most votes wins. The system doesn’t require a majority—just more votes than anyone else. The party with the most winning candidates usually forms the government, and the party leader becomes the Prime Minister.

About Gambling.com’s Betting Odds Comparisons

Our team includes experts with decades of combined experience in sports and sports betting.

We synthesize odds data from the leading sportsbooks to present the most up-to-date game odds and betting lines for all the leagues that matter to you. Pregame odds update in real time as information changes, allowing you to compare across various oddsmakers, also known as “lines shopping.” This ensures you’re getting the best price on your favorite markets.

When you find a price you like, our custom odds comparison tool will take you directly to the betting site you chose—and automatically apply our exclusive welcome offer if you’re a new customer.

These odds help inform our experts’ daily picks and tips to help you make the most informed bets possible.

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