Canadian Conservative Leadership Betting Odds

The Canadian Conservative political party is one of the most popular in the country and they’re often in the running for putting a representative in place to win the Federal election. Before they can do that though, they have to go through the process of determining who’s going to lead the party. 

While the Conservative party determining its leader has massive implications for those interested in politics, it also is of interest to the group of gamblers that place wagers with sportsbooks on the outcome. It is possible to place bets on political betting markets like this one in Canada. 

With Pierre Poilievre very recently taking the helm of the conservative party in Canada, there are no current betting odds available for who might be next. As soon as speculation and betting begins, you can be sure we will have some information

What is Betting on The Conservative Leadership

The Conservative Party of Canada holds a leadership election that will elect the successor to the current party leader. Most of the time, these elections are pre-planned and set at certain intervals. Other times, they are sprung into action because members of the party don’t believe in the current leader (or what they’re trying to achieve). 

As you would bet on NBA games and who the winner is, you can also bet on the winner of the Canadian Conservative leadership elections. Each candidate will be assigned betting odds by bookmakers that correspond to the expected chance of them being elected into this position. Bettors can then make a wager on their candidate of choice. 

The Canadian Conservative Leadership Betting Markets 

There are many different aspects of the Canadian Conservative Leadership elections that you can bet on. You don’t just have to try your hand at choosing the winner, as most bookmakers will keep things interesting by offering alternative markets. Whether it’s the winning margin or even the winner’s gender, a good bookmaker will ensure that there is an option and choice for the user. 

Conservative Logo Image credit: Wildeofoscar, CC BY-SA 4.0 , via Wikimedia Commons

Check out this next section to learn more about the most popular betting markets for Canadian Conservative leadership elections, as well as what they stand for. 

Conservative Leader

This is as straightforward as any betting market could get; with this one, you’re just betting on the overall winner and future leader of the Conservative party. If you’ve been following the news and you think you’ve got a good idea of who’s in the running, you can potentially turn a profit by betting on the winner.

Of course, if you choose to bet on the candidate that is favorued, you’re not going to make a lot of money. The best betting odds will always be offered for candidates that have a slim chance of winning, or are considered second behind the front-runner. Anything can happen though, and it can certainly be worth making a bet if the “underdogs” have enough support going into the elections. 

Conservative Leader Home Province

Another betting market that is usually offered when discussing the Canadian Conservative leadership race is betting on the home province of the winner. Canada has 10 provinces yet there are only a few that are strong Conservative supporters. Thus, the leader of the Canadian Conservative party usually hails from a select few provinces. 

Some of the provinces that have traditionally had the most support for the Conservative Party of Canada and produced many party leaders include Alberta, Saskatchewan, and Ontario. Thus, these provinces usually are near the top of the odds list for this betting market. 

Leader to Win Federal Election

While not every Conservative Party Leader will get the chance to represent the party in a Federal Election, there are plenty who do. You can place a wager on if you think the Conservative leader will then go on to win a Federal Election during their time as leader. 

How to Bet on The Conservative Leadership 

Bookmakers and online sportsbooks will offer betting lines that let you gamble from the comfort of your home. One thing to keep in mind is that not every bookmaker will offer these betting markets and it may take a little looking around to find them.

The best place to look is in the menu and look for either 'Political betting', or sometimes they will be found under 'Specials'

Things to Consider When Betting on The Conservative Leadership

There are a number of things to consider when deciding to make a bet on the next Conservative Leader

History

Who’s won in the past, and by how much? Looking at who the current leader is what the public sentiment is towards them is a great starting point for any political betting market. If the public is happy with how things are going, then there’s less motivation for change. 

That said, things don’t last forever and there’s bound to be a change at some point in time. Looking at how long the typical Conservative Party Leader stays in power before a change happens can give a clue as to the results of the upcoming election. 

Check the OLBG News!

The OLBG news is a great resource when betting on politics. If there are any policy changes or popularity shifts, you’ll notice and be informed of them when you watch or read the news. People can change their opinion on politics in a matter of days, if not hours, so you always have to keep your head on a swivel. 

The news can be a great way to stay informed on the public’s opinion of different candidates. Make sure to check a variety of news sources to ensure that the information you’re getting isn’t too biased in one direction. 

Betting Odds

No matter the betting market, the movement of the betting odds will always be one of the most important factors to pay attention to. Sportsbooks have massive amounts of money at stake and any move in the betting odds is for good reason. Looking for candidates that 

Comparing the odds of different candidates across multiple sportsbooks can also potentially unveil good betting opportunities. If a certain sportsbook is undervaluing a candidate by a significant margin compared to the general consensus, that’s usually worth investigating.