Many people bet based on headlines or hunches. I dig into research and market moves behind political odds & manager markets, so you can back decisions, not guesses.
- Latest odds make it 2/5 that the Conservative party will lose 201 or more seats at the next General Election
- Labour are expected to have a dominant showing at the upcoming General Election
- Further specials look at the time in which the General Election will take place
Latest odds make it 2/5 that the Conservative party will lose 201 or more seats at the next General Election
Bookies continue to offer betting specials ahead of the upcoming General Election with one of several markets offered focusing on how many seats the Conservative party will lose.
It's largely expected that Labour will have a massively positive showing at the General Election by claiming a massive amount of seats from the Conservatives according to the latest odds.
William Hill's betting market now say's there's a 71% chance that the Conservatives lose 201 or more seats with those chances getting even stronger from the 65% it was at last month.
The full betting market goes in increments of 50 seats with bookmakers looking to offer different markets from the normal winner one, with Labour looking like easily winning the election.
| Total Conservative Seats Lost at the next General Election | Odds | Probability |
|---|---|---|
| No Losses | 150/1 | 0.7% |
| 1-50 Seats Lost | 40/1 | 2.4% |
| 51-100 Seats Lost | 25/1 | 3.8% |
| 101-150 Seats Lost | 7/1 | 12.5% |
| 151-200 Seats Lost | 5/2 | 28.6% |
| 201 or more Seats Lost | 2/5 | 71.4% |
What the expert says...
Labour are expected to have a dominant showing at the upcoming General Election
Labour remain the heavy favourites to win the General Election with their odds continuing to tumble in the past month from 1/10 to 1/20 that they are now at.
Those odds give an implied probability of 95% that Labour are the winners in the General Election with Sir Keir Starmer looking to have a big showing at the polls.
Rishi Sunak and the Conservatives are the second favourites in the betting market at 8/1 with those odds suggesting an 11% chance of the Tories winning once again.
UK General Election Betting Odds
Further specials look at the time in which the General Election will take place
Further odds look at when the next General Election will take place with the latest odds now making it almost certain that it'll be between October and December this year.
The latest odds suggest an 80% chance that it happens with the market focusing on a variety of dates before the cut off in January 2025.
OLBG have taken a closer look at the potential dates for the Election taking place:
| When will the General Election take place? | Odds | Probability |
|---|---|---|
| October-December 2024 | 1/4 | 80.0% |
| April-June 2024 | 9/2 | 18.2% |
| 2025 or Later | 12/1 | 7.7% |
| July-September 2024 | 12/1 | 7.7% |
Political Author Information
Political Betting Expert
Jake Ashton
- Your Betting Odds Guide 👍
