Canada election betting odds now show the Liberals as clear frontrunners, a surprising twist given the Conservatives’ commanding lead earlier this year. In this article, we’ll explore the world of political betting, highlight the best Canadian federal election betting sites, and break down the 2025 Canadian election odds.
2025 Canada Election Odds
| Canadian Political Party |  Election Odds |  Election Odds |
|---|---|---|
| Liberal Party | -275 | -250 |
| Conservative Party | +200 | +185 |
| NDP | +30,000 | +10,000 |
| Bloc Québécois | +30,000 | +10,000 |
| Green Party | +100,000 | +20,000 |
| Peoples’ Party of Canada | +100,000 | +50,000 |
Best Canada Election Betting Sites 2025
Now that you know the election odds, it’s time to choose a sportsbook. Without a doubt, Sports Interaction and bet365 are the best betting sites to bet on the next Canadian federal election. Here are our top 5 picks:
1. Sports Interaction Election Betting
Sports Interaction is Canada’s top destination for election betting, offering competitive odds and a variety of markets tailored to political enthusiasts. Whether you’re predicting the next Prime Minister or wagering on which party will win the most seats, Sports Interaction makes political betting accessible and exciting for both seasoned bettors and newcomers.
2. bet365 Election Betting
bet365 offers a reliable and engaging platform for political enthusiasts. With a strong reputation as an online bookmaker, bet365 provides an extensive range of political betting markets, including odds on the next Canadian Prime Minister, party seat counts, and more.
3. BetVictor Election Betting
BetVictor stands out as a premier platform for Canada election betting, offering a robust suite of political markets and competitive odds. Known for its innovative features and user-friendly interface, bet365 provides an engaging experience for both seasoned and new bettors. The online bookmaker also offers a wide range of sports betting options, such as basketball, football, hockey, etc.
4. TonyBet Election Betting
TonyBet offers a well-rounded platform with features like live betting that keeps you updated with real-time odds, letting you adjust your wagers as election results unfold. Known for its competitive odds and innovative tools, TonyBet ensures an engaging experience for political bettors.
5. BET99 Election Betting
BET99 is a top-tier destination for political betting, offering an exciting platform tailored for Canadian bettors. The platform allows you to navigate effortlessly through political odds with a sleek and intuitive design.
2025 Canadian Federal Election Betting Bonuses
Are you in the market looking to place your Canada election bets, but not sure which online bookmaker to pick? Here’s a breakdown of the betting promos available across the top federal election betting sites.
How To Bet On Canadian Election Odds
With the next Canadian federal election in the works, there’s no better time to dip your toes into the world of political betting. Here’s how to bet on Canadian election betting odds in five easy steps:
- Choose a betting site: Thankfully, finding the right betting site for you isn’t one in a million odds— and with our list of top Canadian betting sites and unbiased reviews, we guarantee you’ll find a suitable bookmaker. Assess what type of bettor you are and what each site offers before taking the plunge.
- Create an account: Enter all personal information as it appears on your government-issued ID, as you will need to verify your account by either uploading your ID or through an automated identification verification system.
- Deposit funds: After locating the cashier page, enter your payment details and deposit amount, and click to confirm (Boom!).
- Compare election odds: There are many ways bettors can score a solid edge. Comparing the latest election odds from several sportsbooks is a no-brainer way to secure the best odds and increase your potential winnings.
- Place your bet: If your wager is successful, your winnings will be automatically deposited to your bankroll for you to wager again or withdraw.
Canadian Federal Election Betting Markets
Betting sites like Sports Interaction and BET99 offer several ways to bet on the 45th Canadian federal election, from the next Prime Minister to when the federal election campaign will begin.
➡️ Overall Election Winner
Betting on the outright winner is always a fan favourite, whether in politics or traditional sports betting. With this bet, you can wager on the winning party, the next Prime Minister, or both, depending on what your betting site offers. But the most popular choice is betting on the winning party—after all, there may be plenty of candidates in the race, but only two parties are really in the running (unless you’re banking on the underdogs).
➡️ Official Opposition
Beyond betting on the winning party, betting sites will also offer odds on which party will form the official opposition—essentially, the silver medalists of the federal election (this might show up in betting sites as the party with the second most seats). The role of the official opposition is crucial in politics and is responsible for keeping the governing party in check, challenging policies, and presenting itself as the alternative government.
Canadian Federal Election Odds: Liberal Party of Canada
Liberal Party Odds to Win Canadian Election
-250
The Liberal Party has upped its game in the Canadian election odds after electing Mark Carney, wiping out the Conservative Party’s once-undeniable lead. When it comes to the Canada 2025 election odds, the Liberals are leading the pack with the Conservatives trailing behind, while the NDP, Bloc Québécois, and Green Party are eatin’ dust—and the People’s Party of Canada? Well, they’re somewhere beyond the dust..
Canadian Election Odds: Conservative Party of Canada
Conservative Party Odds to Win Most Seats
+200
Earlier this year, almost everyone was betting on the Conservatives winning come election day—some of us, quite literally—given their massive early lead in the Canadian federal election odds and polls. The Conservative Party gained some serious traction with Canadian voters fed up with Trudeau and the general state of the economy. Honestly, who wouldn’t be pissed when a loaf of bread costs more than the average streaming subscription?
Pierre Poilievre’s political priorities appeal to people passionate about pinching pennies—or, you know, Poilievre’s stance on cutting the Carbon tax and government spending are attractive to some voters. However, some of his moves have certainly raised eyebrows across the aisle, from his support of the Freedom Convoy protests to voting against climate change bills.
Next Canadian Prime Minister Odds 🤝
Electing Mark Carney as Justin Trudeau’s replacement had an astronomical effect on the polls, and the Liberal Party is now leading the pack with 43.5% (after the Liberals plummeted to the teens mere months ago—talk about a comeback!). And since the odds almost always follow the polls, Mark Carney is the current favourite, leading the next Prime Minister odds.
But bettors better bring their bankrolls and bolt to their bookmakers before it’s too late because as the Liberals go up in the polls and Mark Carney increases his lead in the odds, your potential winnings decrease. (With this said, we can still expect to see some changes in the polls and odds, especially after party leaders square off in the upcoming Prime Minister candidate debates April 16-17.)
In January, the Liberal Party had odds of +900, whereas today, Mark Carney, Liberal Party leader, is sitting pretty with -275. Meaning if you bet $100 at the beginning of the year (and won), your winnings would be $900—and if you place the same bet today (with the Liberals leading the polls), you’d only win $36 in profit, so if you’re eyeing Mark Carney as next Prime Minister, you better act fast—or build a time machine.
Kira’s Expert Prediction for Canadian Election Betting
Considering the next Canadian Prime Minister odds, Mark Carney (-200) has my bet (and considering the opposition, Mark Carney definitely has my v—whoops, I’ll try to be unbiased here). Joking aside, many Canadian voters are leaning left these days, and the odds speak for themselves. After Mark Carney was named the new Liberal Party leader and Canada’s Prime Minister on March 9, 2025, with a whopping 85.9% vote, the Liberals skyrocketed in the polls (43.5%). After the Liberal Party gained some serious momentum, the odds are that Prime Minister Mark Carney called an early election to cash in on the Liberals’ soaring popularity.
Published on Canada Sports Betting and Daily Faceoff, Kira Keir combines exhaustive research with expert insight to create comprehensive resources for bettors of all levels.
Unless there’s an upset—which is entirely possible with the upcoming political debates—Mark Carney’s odds to win the next Canadian election are looking pretty airtight. If you’re looking to get in on the action, now’s the time to act. If you decide to follow my lead and bet on Mark Carney as the next Prime Minister, you’d likely win a small sum going as he’s the favourite—but we really should’ve hedged our bets weeks ago before the Liberals surged in the polls. Then again, you could always lock in the Peoples Party of Canada’s +100,000 odds for the shot to score some life-changing dough (or, you know, basically throw your money away).
Other Candidates’ Election Odds 🟢🟠🟣
Canadian politics is a dogfight—with two wolves going at it and a bunch of puppies barking from the sidelines. The two top dogs may be the Liberals and Conservatives, and the New Democratic Party (NDP), led by Jagmeet Singh, is trailing behind with +30,000 odds and a fountain of support from young Canadians.
Next in the food chain is somehow the Bloc Québécois with +30,000, led by Yves-François Blanchet. Rounding out the Canadian Election odds, the Green Party led by Elizabeth May has +100,000 odds, and the Peoples’ Party of Canada and its leader Maxime Bernier is sitting at +100,000 (big oof).
How to Choose the Best Canada Election Sportsbook
Selecting the best Canadian election betting sites requires a thorough evaluation of several key factors to ensure bettors have access to reliable, secure, and engaging platforms.
Banking Options
Reliable deposit methods like Interac or credit cards, along with fast withdrawal times, are crucial for a hassle-free experience. Transparent terms around deposits and payouts are a must.
User Experience
A smooth and intuitive interface is essential, whether you’re betting from a desktop or mobile device. The best sites also offer features like live betting and real-time updates to enhance your experience.
Bonuses & Promotions
Welcome bonuses, free bets, and ongoing promotions can add value to your wagers. Look for platforms that reward both new and loyal users.
Competitive Odds
The best sites offer a wide range of betting options, from predicting the next Prime Minister to wagering on party seat counts or regional outcomes.
Diverse Election Markets
Sharp odds can make a big difference in your potential payouts. Look for platforms that consistently provide competitive lines on political events.
Reputation & Trust
Choose sportsbooks with a strong reputation, proper licensing, and positive user reviews. A trusted platform ensures your bets and personal information are handled securely.
When is the Next Canadian Election for Prime Minister?
The next Canadian federal election is set to take place on April 28th, 2025. As predicted, the Liberals called for an early election to capitalize on the leadership change, re-establish momentum, and limit the Conservative Party’s campaign, as once the election begins, campaign spending is capped.
How to Read Canada Election Odds
Reading election odds is simple: the lower the odds, the higher the chance of winning. Higher odds indicate the underdog. The “-” odds indicate how much you would need to wager to win $100, whereas “+” odds indicate how much you’d win with a $100.
Taking a peek at the current favourite, the Liberals are sitting at -275, meaning to win $100 in profit, you would need to bet $275. However, with higher risk comes higher reward so with the Bloc Quebecois’ +30,000 odds, you would win $30,000 profit on a $100 stake.
When in doubt, you can use our odds calculator and converter!
Factors Influencing Canada Election Odds
There are a bunch of factors affecting the Canada federal election odds, from the court of public opinion and the polls to things that make the world not so great again. From shaky leadership to economic headaches, voters have plenty to consider before placing their bets (literally).
👋 Trudeau’s Resignation
Shortly after Prime Minister Justin Trudeau announced “[Canada] deserves a real choice in the next election” and revealed he would be stepping down, the Liberal Party saw an uptick in the polls and Canadian Election odds, both of which continued to rise in the following weeks.
The Liberal’s initial bump in popularity was likely due to the potential for a new leader rather than a flood of new supporters. Canadians could imagine how their ideal candidate would lead the country, and with an overwhelming percentage of the votes (85.9%), Mark Carney was elected the new Liberal Party leader. Following this announcement, we expect to see a big shift in the polls.
🔈 Public Opinion and Polls
For a while, the Conservative Party was sprinting ahead in the polls while the Liberals trailed behind—but that’s yesterday’s news! Today, the Liberal Party is leading the polls (tomorrow, the odds)! With 39.6% in the polls, the Liberals have narrowly overtook the Conservatives with 37.3% but it’s still anyone’s game. These numbers don’t just shape election odds—they also influence voters, with some backing a frontrunner and others strategically shifting their support to tip the scales.
Have you ever noticed how the Liberals (39.6%), NDP (10.1%), and Green Party (3.3%) share a lot of similar values? The same can be said regarding the Conservatives (37.3%), Bloc Quebecois (6.4%), and Peoples’ Party of Canada (2.2%). That’s great for ideological diversity—but not so great for winning a majority.
👬 Liberal Party Leadership Dynamics
Justin Trudeau’s announcement to step down as party leader is the best thing that’s happened to the Liberal Party since, well, Justin Trudeau. Since the Liberal leadership race began, the Liberal Party has seen a significant uptick in the polls. Jumping from 23.4% to 39.6% in the polls (since publishing this article), the Liberal Party is finally turning things around, and with a unifying leader (Mark Carney) at the wheel, there’s still hope for the Liberals in this upcoming federal election.
📈 Economic Concerns
Okay, time for everyone’s favourite topic—✨the economy✨. Let’s face it, most Gen Zers now view groceries as luxury items and the odds of us actually buying a home are about as likely as the Bloc Quebecois taking over—the economy is f*cked. With wallets getting thinner by the day, many Canadians are interested in the Conservatives’ “axe the tax” platform, leaning the Prime Minister election odds in Poilievre’s favour.
🦅 Donald Trump’s Recent Win in the USA
Trump’s return to the White House has the world on edge, and Canadian politicians are scrambling to figure out their next move. Navigating our relationship with our neighbours down south has become a key election issue and voters are left wondering which party can handle Trump, tariffs and look out for our own interests without making things worse.
Wrapping Up: Canada Election Betting Odds
Dearest fellow Canadians, with so much uncertainty in the world, we wish you luck in the coming months. May your wagers win and may we avoid becoming the 51st state 🙏.
The Canada 2025 election odds are in—but we’re not out of the woods yet! Do your research, be skeptical, and get out there on election day! For Canadian bettors, this election is a unique opportunity to tip the odds in your favour with your vote and make some money along the way! Check out our top betting sites and which political betting market each has to offer, and check back with us for all things betting!
2025 Canada Election Betting FAQs
The 45th Canadian federal election is scheduled to take place on April 28, 2025. Traditionally, federal elections are held on the third Monday of October; however, current Prime Minister Mark Carney called for an early election.
The Liberal Party has taken the lead in the polls on who will win the most seats, with the Canada Election odds favouring Pierre Poilievre as the next Prime Minister.
Election day must fall on the third Monday of October, with a few exceptions. A federal election campaign must last at least 37 days and no more than 51 days from the day it’s called.
Prime Minister Justin Trudeau, leading the Liberals, won the 44th Canadian federal election.
Mark Carney was named the new Liberal Party leader and current Prime Minister on March 9, 2025, beating out candidate Chrystia Freeland and the rest of the competition.