I break betting odds news as it happens, so you’re never left behind when the market moves or a top offer lands.
- Latest odds say that Labour will win the West Lancashire By-Election with 96% chance of doing so
- Conservatives sit at 20/1 to win seat for first time in 30 years
- Growth in By-Election betting continues
Latest odds say that Labour will win the West Lancashire By-Election with 96% chance of doing so
Thursday sees the latest By-Election take place in the UK with the people of West Lancashire heading to the polls following Rosie Cooper's resignation.
The Labour MP announced back in Autumn that she was to step down from the role after 17 years and this has seen intrigue over who will take over from her next.
Bookies say that Labour will keep the seat in what is widely expected to be a win for their candidate Ashley Dalton in Thursday's polls.
The previous odds from Smarkets, last traded at the start of the year, signalled a 96% chance of Labour winning the seat with their odds as short as 1/25.
| West Lancashire by-election winner (Odds from Jan) | Odds | Probability |
|---|---|---|
| Labour | 1/25 | 96.2% |
| Conservative | 20/1 | 4.8% |
| Green | 50/1 | 2.0% |
| Liberal Democrats | 50/1 | 2.0% |
Green and Liberal Democrats are both 50/1 in the betting market with bookies giving them a slim chance of winning with just a 2% probability.
Conservatives sit at 20/1 to win seat for first time in 30 years
The Conservative Party have not held the West Lancashire seat since 1992 and their latest odds suggest that that isn't likely to change on Thursday.
According to the betting odds Conservative candidate Mike Prendergast has just a 4.8% chance of winning the upcoming by-election.
The West Lancashire by-election is expected to be an early indication into how the people are feeling about Prime Minister Rishi Sunak and Labour leader Sir Keir Starmer.
When previous West Lancashire MP Rosie Cooper initially announced her intention to step down it was Liz Truss who was the Prime Minister.
Rishi Sunak Betting Specials: Sunak struggles expected at Number 10 with bookmakers giving him an 11% chance of increasing Conservative Majority at next General Election!
Growth in By-Election betting continues
By-Elections occur between General Elections when a seat becomes vacant when the current MP resigns or has to leave their position for another matter.
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 continues to grow in popularity with bettors liking that they can see various polls to guide them to who to put their money on.
The Growth Of Political Betting Markets
