I break betting odds news as it happens, so you’re never left behind when the market moves or a top offer lands.
- Labour now 13/8 favourites to win most seats.
- Reform UK drift to 7/4 in latest market.
- 2029 or later remains 10/11 favourite for next election year.
Labour Regain Favouritism in Most Seats Market
UK betting sites have updated their General Election markets with Labour now 13/8 favourites to win the most seats at the next UK General Election.
Sir Keir Starmer’s party had drifted in recent months amid fluctuating polling, but the latest Ladbrokes odds show renewed confidence in Labour reclaiming top spot.
Reform UK, who previously led parts of the market, have eased slightly to 7/4.
The probability difference between the two in the market now sits at just 1.7% according to the odds.
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Most Seats – Latest Odds
| Party | Odds | Implied Probability |
|---|---|---|
| Labour | 13/8 | 38.1% |
| Reform UK | 7/4 | 36.4% |
| Conservatives | 11/2 | 15.4% |
| Green Party | 8/1 | 11.1% |
| Restore Britain | 14/1 | 6.7% |
| Liberal Democrats | 40/1 | 2.4% |
The narrow gap between Labour and Reform highlights just how competitive this market remains.
When Will the Next Election Take Place?
Bookmakers are also offering odds on the timing of the next General Election.
Reports have been suggesting that we may see an election take place sooner rather than later, but the odds suggest otherwise.
| Year | Odds | Implied Probability |
|---|---|---|
| 2026 | 13/2 | 13.3% |
| 2027 | 7/1 | 12.5% |
| 2028 | 2/1 | 33.3% |
| 2029 or later | 10/11 | 52.4% |
The market expects the election to take place in 2029 or later, priced at 10/11, implying over a 50% probability.
General Election Specials
Political novelty markets continue to attract attention across the best political betting sites.
Included in these specials are odds around various politicians running at the next election.
The 5/4 price on a Hung Parliament with Reform winning most seats reflects growing uncertainty over whether any party can secure an outright majority.
| Market | Odds | Implied Probability |
|---|---|---|
| Kemi Badenoch NOT to lead Conservatives into next GE | 5/6 | 54.5% |
| Hung Parliament & Reform UK win most seats | 5/4 | 44.4% |
| Thomas Skinner to stand as Reform UK candidate | 2/1 | 33.3% |
| Green Party to win fewer than 10 seats | 5/2 | 28.6% |
| Boris Johnson to join Reform UK | 5/1 | 16.7% |
| Jeremy Clarkson to win a seat | 5/1 | 16.7% |
What the expert says...
Where To Bet on Political Markets
These markets are available via Ladbrokes and other major UK betting sites.
For a broader guide to novelty and political specials, explore the best political betting sites.
All markets remain betting live and subject to change as political developments unfold.
18+. New UK & ROI customers only . Certain deposit methods & bet types excl . Min first £10 win or E/W bet within 14 days of account reg at min odds 1/2 & get 4 x £10 free bets . Free bets valid for 7 days, stake not returned. No cashout, restrictions + T&C apply.
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