I break betting odds news as it happens, so you’re never left behind when the market moves or a top offer lands.
- Labour are 1/100 to keep their seat in the City of Chester ahead of tomorrow's by-election
- Conservatives are 25/1 to win after drifting out from the 12/1 they were last month
- By-election betting increases in popularity month-by-month
Labour are 1/100 to keep their seat in the City of Chester ahead of tomorrow's by-election
The resignation of Labour MP Chris Matheson after allegations of "serious sexual misconduct" last month means that the City of Chester seat is up for the latest by-election tomorrow.
Bookies say that Labour have a 99% chance of winning the seat in the City of Chester with odds of 1/100 for them to win the by-election.
Smarkets make Labour candidate Samantha Dixon the clear favourite to win with a total of 9 different candidates standing.
| City of Chester By-Election Winner | Odds | Probability |
|---|---|---|
| Labour | 1/100 | 99.0% |
| Conservatives | 25/1 | 3.8% |
| Greens | 28/1 | 3.4% |
| Lib Dems | 28/1 | 3.4% |
Conservatives are 25/1 to win after drifting out from the 12/1 they were last month
The Conservative Party have not held the City of Chester seat for 7 years now and they've now drifted out to 25/1 to do so again in the by-election.
According to the betting odds, that gives Conservatives just a 3.8% chance of winning the upcoming by-election.
Labour's last win in Chester back in 2019 came with 49.6% of the votes with a majority over the Conservatives by 11.3%.
Next Conservative Party Leader Betting Odds: Boris Johnson is the 7/2 favourite with bookmakers to be the next Tory Party leader after Rishi Sunak!
By-election betting increases in popularity month-by-month
By-Elections happen between General Elections when a seat becomes vacant when the current MP resigns or has to leave their position for another matter, as seen in this example in Chester.
The reasons By-Elections take place could be for any of the following reasons:
- Death
- Resignation
- Bankruptcy
- Moves to the House Of Lords
- Convicted of a criminal offence
Betting on By-Elections has increased in popularity with punters liking that they can see various polls to guide them to who to put their money on.
The Growth Of Political Betting Markets
