I've spent over 20 years inside the betting industry. I'll guide you to avoid the hype, ignore the noise, and steer clear of the common pitfalls that catch out everyday punters.
- Little chance of Conservatives calling a snap Election in the current climate
- Just a 7% chance of 2022 General Election according to beating sites
- 2024 or later remain the favourite dates according to bets being placed at 4/6 or 60% probability
It generally takes some exceptional circumstances to see a snap General election take place and if it were to happen in 2022, then something exceptional would have to occur.
In the current climate that can not be ruled out, but is most unlikely if we are to believe what betting sites betting odds on the date of the next general election are anything to go by.
Of all the things bookmakers are predicting for 2022, a general election is not one of them. Boris and the Conservatives could not be particularly confident by calling a snap right now. As a result, there is only given a 7% chance of a GE in 2022, with the favored date by punter being that of a scheduled election in 2024 or later.
Next General Election Betting Odds
What date will the next general election by held, by year
| Year | Odds | Probability |
|---|---|---|
| 2022 | 12/1 | 7.69 |
| 2023 | 5/2 | 28.57% |
| 2024 or later | 4/6 | 59.88% |
Who Wins Most Seats at Next GE?
Right now, there is an equal 60% confidence level when taking bookmakers' odds into account as the next GE being in 2024 or later as there is, Conservatives to win the most seats.
The confidence is actually at its highest since we saw a big drop in April this year to 50%,
Bookmakers are offering general election betting odds of just 1.60 (4/6) that Conservatives win the most seats, whilst you can get 2/1 for Labour, and 66/1 for Liberal Democrats.
Most Seats at the Next General Election Betting Odds
| Party | Odds | Probability |
|---|---|---|
| Conservative | 4/6 | 60% |
| Labour | 2/1 | 33.33% |
| Liberal Democrats | 66/1 | 1.49% |
