Politics betting has become one of the most popular ways to have a punt in the UK and there are plenty of markets to take advantage of as Ladbrokes.com now offers more political betting markets than ever before.
Punters are able to bet on what political party will win which constituency or who will become the next party leader.
However, perhaps the most appetising politics betting is on who will win the next general election…
Things promise to be close in the next general election
The betting looks set to be as intriguing as ever in the next general election.
The Conservatives are looking for re-election while their fellow coalition partners, the Liberal Democrats, and Labour also try to get to No.10.
Prime Minister David Cameron hasn’t made himself popular with a swathe of public sector cuts, while Deputy Prime Minister Nick Clegg could not be any less popular after going back on several key promises to join the coalition government.
With Ed Miliband hardly setting the world alight as Labour leader, the general election betting looks set to offer plenty of value.
Betting on the London mayoral race will make an intriguing contest even more interesting
The race to become the next Mayor of London will once again be fought between two old stagers – current mayor Boris Johnson and former mayor Ken Livingstone.
Johnson won the last battle between the two when he ousted Livingstone in the 2008 elections.
Johnson was the overwhelming favourite for that contest and the odds were proved correct when his policies of cutting crime and cutting bendy buses saw him beat Livingstone by a massive 139,772 votes.
Things promise to be a lot closer in 2012 though with the Conservatives cutting of public services sure to reflect badly on Johnson – politics betting could once again be a very lucrative market.