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General Election Betting Odds: All of the latest betting news & odds in reaction to the 2017 General Election

  • UK General Election returns hung parliament
  • Calls for Theresa May to go after Conservatives lose majority
  • Boris Johnson early favourite to replace May as Tory leader

Key events
15:11 09 Jun

No second General Election in 2017, says William Hill

10:51 09 Jun

Ruth Davidson slashed to 8/1 to become next Conservative Party leader

07:29 09 Jun

No Majority cheers bookmakers after £20million gamble on General Election

16:39 08 Jun

LATEST: William Hill suggest Conservative working majority of 91

15:41 08 Jun

BREAKING: Betfair boost Jeremy Corbyn from 18/1 to 25/1 to become Prime Minister

14:22 08 Jun

BREAKING: Paddy Power boost Jeremy Corbyn’s odds again from 18/1 to 25/1

11:17 08 Jun

Ladbrokes report big backing for Labour but Conservatives remain clear favourites

11:04 08 Jun

20/1 Conservatives to have the Most Seats

11:02 08 Jun

4/1 Theresa May or 18/1 Jeremy Corbyn to be Prime Minister

11:00 08 Jun

20/1 Theresa May to be Prime Minister – RISK FREE

10:54 08 Jun

18/1 Jeremy Corbyn to be Prime Minister after the General Election

10:46 08 Jun

4/1 Theresa May to be Prime Minister after the General Election

08:21 08 Jun

Bookies predict Conservative majority as Polling Stations open

12:48 07 Jun

William Hill take £200,000 wager on Tories in biggest General Election bet yet

12:58 06 Jun

Bookies expecting £25million General Election gamble as big bets come in for Conservatives

09:18 05 Jun

William Hill Election Betting Update: Odds still suggest easy Tory Majority

12:56 03 Jun

William Hill have now taken almost £2 million in General Election bets

12:27 03 Jun

General Election Update: Boris Johnson backed to be Prime Minister

12:41 31 May

Ladbrokes offer 3/1 Theresa May takes part in tonight's TV Debate

10:56 31 May

No Overall Majority Odds Slashed Following YouGov Poll Results

15:04 30 May

TV Debate Analysis - What the traders thought of May v Corbyn live

11:26 29 May

Bank Holiday Monday Election Update: Conservatives fighting back after Labour gains

11:26 28 May

£10,000 Bet Placed at William Hill on Labour Victory

12:18 20 May

SNP odds-on for 'significant majority' north of the border, says bookmaker William Hill

13:03 17 May

Jeremy Corbyn now just 7/1 to be UK Prime Minister on July 1st 2017

12:44 16 May

Labour Manifesto sees flood of bet on Jeremy Corbyn winning election

11:15 11 May

Labour tipped to get just 157 seats at General Election

11:52 10 May

ELECTION BETTING UPDATE: Hills taking £16.50 on Tories for every £1 on Labour

10:51 05 May

£36,000 Tory Wager Following Local Labour Losses

15:40 03 May

PM 8/1 to take part in ITV Leaders' debate

13:05 29 Apr

UKIP 6/1 to win Boston and Skegness

09:42 28 Apr

General Election odds update...

13:29 25 Apr

Sir Kier Starmer Second Favourite For Labour Leadership Role Should Corbyn Go

11:46 20 Apr

Bookmakers Predict Record Low Turnout for 2017 General Election

21:30 19 Apr

Bet On Politics Guide to the 2017 General Election

16:35 19 Apr

General Election Market Moves: Tories being backed despite short odds

11:18 19 Apr

General Election Betting Analysis: Betfair's Experts Explain What Will Happen

10:18 19 Apr

Next Labour Party Leader Betting: Gamble on Keir Starmer to replace Jeremy Corbyn

18:59 18 Apr

bet365 offering up to £200 matched bet on 2017 General Election: 100% Deposit Bonus up to £200

18:34 18 Apr

House of Commons Confirms Parliamentary Vote on General Election

18:29 18 Apr

UKIP to stand in "Every Constituency in England and Wales"

15:30 18 Apr

Deutsche Bank Releases Statement on General Election

15:07 18 Apr

Communication Workers Union pledges support to Jeremy Corbyn

15:00 18 Apr

POLL: Is Theresa May correct to call at General Election?

14:32 18 Apr

Over 1000 People Join Labour Following Election Announcement

13:45 18 Apr

SNP also determined to fight Theresa May at the Polls

13:43 18 Apr

Plaid Cymru ready for General Election

13:39 18 Apr

Tim Farron ready for General Election

13:37 18 Apr

YouGov Poll: Westminster Voting Intention Revealed

13:34 18 Apr

Betfair Betting Exchange Markets Burst into Life: In the Know Punters Get Ready for Election Trading

13:31 18 Apr

Lord Ashcroft responds to General Election call with Corbyn dig

12:32 18 Apr

William Hill cut Conservatives from 8/13 to 2/9 to win General Election

12:07 18 Apr

Jeremy Corbyn welcomes Theresa May’s call for General Election

11:46 18 Apr

Paddy Power release General Election Betting Odds: 1/10 Conservatives win & 1/7 Overall Majority

11:43 18 Apr

Strathclyde University Politics Professor says Conservatives Not as Strong as Polls Suggest

11:41 18 Apr

Theresa May explains reasons for General Election

11:28 18 Apr

Ladbrokes General Election Odds: 1/10 to take place on June 8 & 1/10 Conservatives Win

11:26 18 Apr

WATCH: Theresa May announces call for General Election

Live blog

15:11 09 Jun

No second General Election in 2017, says William Hill


Clearly it has been a long day for Theresa Ma,y but William Hill now believe that it is unlikely that there will be another General Election in 2017 – offering 2/7 there is not and 5/2 there is.

Meanwhile Ruth Davidson is now 4/1 to be named as the next leader of the Conservative party having been 40/1 less than a year ago.

“Theresa May has perhaps steadied the ship with her speech today and we now believe that there is a good chance that we will not see a further General Election this year,” William Hill spokesman Rupert Adams told Bettingpro.com.

“Meanwhile the rise of Ruth Davidson continues and she is now the 4/1 third favourite to be named as the next Conservative leader.”

Latest William Hill Odds

Will there be a second General election in 2017? 2/7 No, 5/2 Yes

Chancellor on July 1st 2017: 4/7 Philip Hammond, 7/4 Amber Rudd, 12/1 Chris Grayling, 14/1 Greg Clark, 16/1 Sajid Javid

In what year will the UK leave the EU:  12/1 2018 or earlier, 4/6 2019, 5/4 2020 or later

Next Permanent Conservative Leader: 6/4 Boris Johnson, 3/1 David Davis, 4/1 Ruth Davidson, 7/1 Amber Rudd, 14/1 Sajid Javid, 16/1 Philip Hammond, 25/1 Justine Greening, 25/1 Liz Truss, 33/1 Bar

10:51 09 Jun

Ruth Davidson slashed to 8/1 to become next Conservative Party leader


William Hill can report a significant move for Ruth Davidson to become the next Conservative Party leader.

Current leader Theresa May suffered a humiliating result in Thursday’s General Election and, as a result, she is now 4/6 to no longer be the leader of the party on December 31, 2017 (11/10 she is).

Boris Johnson is the early front-runner to replace her at odds of 6/4, with David Davis and Amber Rudd are considered the former London mayor’s main rivals at 4/1 and 5/1 respectively.

However, there has been a big move behind the trio with a flood of support for Ruth Davidson resulting in her odds being slashed from 16/1 to 8/1.

“Ruth Davidson is arguably the only Conservative to come out of the Election with her reputation enhanced,” William Hill spokesman Rupert Adams told Bettingpro.com.

“And despite not being an MP, she has halved in price to become the next leader of the Party.”

Latest William Hill Odds

Theresa May Leader Of The Conservative Party 31st December 2017: 4/6 No, 11/10 Yes

Next Conservative Party Leader: 6/4 Boris Johnson, 4/1 David Davis, 5/1 Amber Rudd, 8/1 Ruth Davidson, 12/1 Phillip Hammond, 14/1 Sajid Javid, 25/1 Jeremy Hunt, 25/1 Justine Greening, 25/1 Liz Truss, 25/1 Michael Gove, 33/1 George Osborne, 33/1 Priti Patel, 40/1 Bar

07:29 09 Jun

No Majority cheers bookmakers after £20million gamble on General Election


William Hill is estimating that up to £20million could have been wagered across the betting industry on the General Election.

And to the delight of the bookies the majority of that figure was wagered on the Conservatives winning a majority, meaning they avoided some massive pay-outs after Thursday's vote resulted in a hung Parliament.

“The General Election result was a good one for us bookies as the Tories managed to fluff their lines in what was being billed as the ‘unlosable’ election,” William Hill spokesman Joe Crilly told Bettingpro.com.

“We had a number of five figure bets on the Conservatives winning a majority, with some wagers at prices as short as 1/16, although one punter from London will be breathing a sigh of relief after backing the Conservatives to win the most seats to the tune of £200,000.”

The General Election could not have gone much worse for Theresa May and the Conservative Party and she could even step down as Conservative Party leader later today. With that in mind, William Hill make Boris Johnson the 9/4 favourite to be the next leader of the party followed by Amber Rudd at 5/1 and Phillip Hammond at 12/1.  

The Election result throws up more questions than it answered with the future of Brexit up in the air. The odds of the UK leaving the EU in 2020 or later have been slashed from 5/1 to 5/4 while 2019 has drifted from 2/7 to 4/6.  

The turnout (68.6% so far) for this election has far exceeded the bookies’ spread with Hills predicting 63% on the day before the polls opened.

Latest William Hill Odds:

In which year will the UK leave the EU: 12/1 2018 or later; 4/6 2019; 5/4 2020 or later

Will there be a second General Election in 2017: 8/11 yes; Evens no

Next Conservative Party leader: 9/4 Boris Johnson; 5/1 Amber Rudd; 12/1 Phillip Hammond; 14/1 Sajid Javid; 16/1 George Osborne; 16/1 Justine Greening; 20/1 BAR

16:39 08 Jun

LATEST: William Hill suggest Conservative working majority of 91


As of 16:00 BST, the latest odds from William Hill suggest that this is how Parliament will look on June 10.

367 Conservative
203 Labour
47 SNP
10 Lib Dems
8 Democratic Unionist
6 Sinn Fein
4 Plaid Cymru
2 Social Democratic & Labour Party
1 Independent
1 Green
1 Speaker

*Government majority calculated as Conservative MPs less all other parties. This calculation excludes the Speaker, 2x Deputy Speakers (2 Labour, 1 Conservative) and Sinn Fein (6).

Latest General Election betting: 1/6 Conservative majority; 11/2 no overall majority; 10/1 Labour majority; 250/1 Liberal Democrat majority; 500/1 UKIP majority

15:41 08 Jun

BREAKING: Betfair boost Jeremy Corbyn from 18/1 to 25/1 to become Prime Minister

Betfair is now offering new customers 25/1 on Jeremy Corbyn to become Prime Minister - available until 22:00 BST.

Just sign up for a new account and place a £1 bet on Corbyn to claim this enhancement. All winnings will be paid in the form of free bets.
14:22 08 Jun

BREAKING: Paddy Power boost Jeremy Corbyn’s odds again from 18/1 to 25/1


What is better than a General Election price boost? Try a General Election price boost being boosted!

Paddy Power had been offering new customers an enhanced 18/1 about Jeremy Corbyn becoming Prime Minister as a result of today’s vote, but in the last few minutes the firm have boosted those odds even further to 25/1.

The maximum stake is £10 and you will be paid out in cash at the on-site price, with additional winnings to reflect the enhancement being paid out in the form of free bets.

But hurry, this offer ends at 18:00 BST.
11:17 08 Jun

Ladbrokes report big backing for Labour but Conservatives remain clear favourites


The United Kingdom is heading to the polls today and the bookmakers are bracing themselves for one last General Election gamble on the race for the keys to Number 10.

Ladbrokes is reporting that around 70% of all bets are backing Jeremy Corbyn to become the next Prime Minister, but the bookmakers’ prices suggest the odds are not in the Labour Party leader’s favour as he bids to unseat Theresa May.

The Conservatives are 1/10 for the Most Seats (Labour 6/1) and are 1/4 to have an Overall Majority (Labour 12/), with May 2/9 to remain Prime Minister and Corbyn 7/2 to take the reins.

Ladbrokes is also offering odds on voter turnout and is 2/1 that the figure is between 65-70%, while the bookmaker is 6/4 about a 60-65% turnout.

“Since the election was announced 70% of all bets at Ladbrokes are backing Jeremy Corbyn to become Prime Minister,” Ladbrokes’ head of political betting Matthew Shaddick told Bettingpro.com.

“However, our odds still favour a Conservative majority of around 70 and turnout between 60 and 65 per cent.”

Latest Ladbrokes Odds

Most Seats

Conservative – 1/10
Labour – 6/1
500/1 bar

Overall Majority

Conservative – 1/4
No overall majority – 9/2
Labour – 12/1
500/1 bar

Prime Minister on July 1, 2017

Theresa May – 2/9
Jeremy Corbyn – 7/2

Turnout

Under 55% – 20/1
55-60% – 5/1
60-65% – 6/4
65-70% – 2/1
11:04 08 Jun

20/1 Conservatives to have the Most Seats


Sign up with Coral before 12:00 BST to get 20/1 on the Conservative Party to have the Most Seats after the General Election.

Minimum deposit is £5 and minimum bet is £1. All winnings to be paid in free bets.
11:02 08 Jun

4/1 Theresa May or 18/1 Jeremy Corbyn to be Prime Minister


Who are you backing to be Prime Minister after the General Election - Theresa May or Jeremy Corbyn?

No matter who you are backing you can now claim boosted odds at Betfair. Sign up today to get 4/1 May to be PM or 18/1 Corbyn to be PM after the vote.

The maximum stake is £10 and all winnings will be paid in the form of free bets.
11:00 08 Jun

20/1 Theresa May to be Prime Minister – RISK FREE


The bookies are backing Theresa May to still be Prime Minister after the General Election, making her the odds on favourite, but you do not have to settle for a run-of-the-mill price.

Ladbrokes is currently 1/6 that May retains her position following today’s vote, but the bookmaker is now offering new customers the opportunity to back the Conservative Party leader at boosted odds of 20/1 – risk free.

Simply register today, deposit a minimum of £5, and then place your first bet as a single bet of £1 on Theresa May to be Prime Minister after the next General Election.

Winning bets will be settled at the standard price, with your extra winnings to be paid in Free Bet tokens. And if the bet loses, the firm will refund your stake as a free bet within 24 hours.
10:54 08 Jun

18/1 Jeremy Corbyn to be Prime Minister after the General Election


Will Jeremy Corbyn still be Prime Minister at the end of the General Election?

If you are backing the Labour Party leader to become Prime Minister then now is the time to sign up with Paddy Power because new customers can get 18/1 that he is handed the keys to Number 10 following today's vote.

The maximum stake is £10 and you will be paid out in cash at the on-site price, with additional winnings to reflect the enhancement being paid out in the form of free bets.

But hurry, this offer ends at 18:00 BST.
10:46 08 Jun

4/1 Theresa May to be Prime Minister after the General Election


Will Theresa May still be the Prime Minister at the end of the General Election?

If you are backing the Conservative Party leader to retain her position then now is the time to sign up with Paddy Power because new customers can get 4/1 that she is still the Prime Minister at the conclusion of today's vote.

The maximum stake is £10 and you will be paid out in cash at the on-site price, with additional winnings to reflect the enhancement being paid out in the form of free bets.

But hurry, this offer ends at 18:00 BST.
08:21 08 Jun

Bookies predict Conservative majority as Polling Stations open


With polling stations up and down the country opening their doors, the odds at William Hill see the Conservatives 1/5 favourites to win the General Election – the same price that they opened on the day Theresa May called the snap election.

Labour on the other hand, have been as long as 20/1 to win, yet their odds are just 8/1 now with the odds of no majority 11/2.

“The Conservatives have always been clear favourites to win the Election, opening at 1/5 before tumbling to as short as 1/14 and attracting bets of up to £200,000,” William Hill spokesman Joe Crilly told Bettingpro.com. “The price has eased somewhat since, however, the 1/5 that they are now still represents an 83.33% of victory.

“The betting on the General Election has seen fluctuations with the odds of no majority and a Labour win both coming in as quickly as the Tories have drifted in recent weeks. As the campaign has worn on Corbyn has generated growing support from punters including one chap from London who placed a cool £10,000 on Labour winning.”

Latest William Hill Odds

UK General Election winner: 1/5 Conservative majority; 11/2 no overall majority; 8/1 Labour majority; 250/1 Liberal Democrat majority; 500/1 UKIP majority

Most seats: 1/20 Conservatives; 8/1 Labour; 500/1 Liberal Democrats; 1000/1 Greens; 1000/1 UKIP

12:48 07 Jun

William Hill take £200,000 wager on Tories in biggest General Election bet yet


Bookmaker William Hill has been forced to cut their odds of the Conservatives bagging the most seats after taking a £200,000 wager at 1/10 on Wednesday morning.
It is now 1/12 that they do so with Labour 6/1.

The wager was placed in a shop in South London and was paid for by banker’s draft.

“With less than 24 hours until voting starts, we have seen our first six figure General Election bid and it is highly likely the floodgates will open now,” William Hill spokesman Joe Crilly told Bettingpro.com.

“All of the bigger wagers we have taken so far on the Election have been for the Tories with a £70,000 on them winning at 1/7 the biggest bet on the outright market.”

Latest William Hill Odds

General Election winner: 2/9 Conservatives; 4/1 no overall majority; 10/1 Labour; 250/1 Liberal Democrats; 500/1 UKIP

Most seats: 1/12 Conservative; 6/1 Labour; 500/1 Liberal Democrats; 1000/1 Greens; 1000/1 UKIP

12:58 06 Jun

Bookies expecting £25million General Election gamble as big bets come in for Conservatives


General Election betting is going through the roof, according to William Hill.

As the United Kingdom prepares to go to the polls on Thursday, the bookmaker is predicting turnover in the region of £5million and an industry estimate of £25million.

“We have seen a real surge in bets in the last 24 hours and every big bet has been for the Conservative Party,” William Hill spokesman Rupert Adams told Bettingpro.com.

“But Labour supporters should not despair though, as the betting patterns are not far off what they were for both Brexit and Donald Trump.”

The Ten Most Marginal Seats In The Betting:

Gower (Tories by 27 votes to Labour)
The most marginal of all seats in the 2015 General Election, the Tories are expected to hold on to the seat that they nicked by 27 votes two years ago. William Hill go 1/2 about a Conservative victory with Labour just behind at 6/4.

Derby North (Tories by 41 votes to Labour)
Another marginal Tory seat, Hills go 2/9 that they retain Derby North with Labour 3/1.

City of Chester (Labour by 93 votes to Tories)
Chester saw the most marginal of all the Labour victories in 2015 but it looks as though they are going to miss out this time around. The traditional Tory stronghold is 3/10 to turn blue on Thursday and 12/5 to stay red.

Croydon Central (Tories by 165 votes to Labour)
The Conservatives are slight favourites to win this one again with Hills making them 4/6 favourites in Croydon Central. Labour, however, are just a shade above Even money at 11/10 to wrestle this seat away.

Ynys Mon (Labour by 229 votes to Plaid Cymru)
Plaid Cymru are odds on to pinch this seat from the grasp of Labour. They are 4/6 to overturn the lead of 229 votes held by Labour.

Vale of Clywd (Tories by 237 votes to Labour)
The Tories won in the Vale of Clwyd by 237 votes and they are slight favourites to sneak it again. Hills make them 4/6 to win this time around although Labour are just 11/10 to bag a win.

Ealing Central & Acton (Labour by 237 votes to Tories)

Labour are 4/6 to retain their seat in Ealing Central & Acton. This time, it is the Tories who are just 11/10 to claim victory.

Berwickshire, Roxburgh & Selkirk (SNP by 328 votes to Tories)
Despite winning this seat in 2015, the SNP look almost certain to lose Berwickshire, Roxburgh & Selkirk. The Conservatives are just 1/10 to win here with the SNP 11/2 – the longest price of any of the current incumbents of the marginal seats.

Bury North (Tories by 378 votes to Labour)
Bury North has voted for the Conservatives for the last two General Elections and they are just 2/9 to do so again. It is 3/1 that Labour win in Bury North.

Brentford & Isleworth (Labour 465 votes to Conservative Party)
Brentford & Isleworth voted labour by just 465 votes and the Conservatives are 4/6 to win this seat – whilst Labour are 11/10.

10 most marginal seats in the UK:

Gower: 1/2 Conservatives; 6/4 Labour; 100/1 Plaid Cymru; 125/1 Liberal Democrats; 150/1 UKIP

Derby North: 2/9 Conservatives; 3/1 Labour; 33/1 UKIP; 50/1 Liberal Democrats

City of Chester: 3/10 Conservatives; 12/5 Labour; 50/1 Liberal Democrats

Croydon Central: 4/6 Conservatives; 11/10 Labour; 80/1 Liberal Democrats; 100/1 UKIP; 250/1 Greens

Ealing Central & Acton: 4/6 Labour; 11/10 Conservatives; 100/1 Liberal Democrats

Berwickshire, Roxburgh & Selkirk: 1/10 Conservatives; 11/2 SNP; 16/1 Liberal Democrats; 150/1 Labour; 200/1 UKIP

Ynys Mon: 4/6 Plaid Cymru; 11/4 Conservatives; 3/1 Labour; 200/1 UKIP; 200/1 Liberal Democrats

Vale of Clywd: 4/6 Conservatives; 11/10 Labour; 66/1 Plaid Cymru; 80/1 Liberal Democrats; 100/1 Greens

Brentford & Isleworth: 4/6 Conservatives; 11/10 Labour; 100/1 Liberal Democrats; 150/1 Greens; 200/1 UKIP

Bury North: 2/9 Conservatives; 3/1 Labour; 100/1 Liberal Democrats
09:18 05 Jun

William Hill Election Betting Update: Odds still suggest easy Tory Majority

The latest odds from William Hill suggest that the Conservative party remain well ahead of Labour and that on paper (1/4) they should win with a comfortable majority. Clearly these odds run contrary to a number of Polls and the bookies fear that we could be seeing another case of the larger London-centric bets hiding what would otherwise be the real odds.
 
“In the past the odds have been a fantastic indicator of who is leading in the run up to any election. But the odds failed to predict either Brexit or Donald Trump and there is a danger we are seeing the same thing here,” said William Hill spokesman Rupert Adams. “It could be a case of the big boys making the market rather than the actual opinion of the general public.”
 
General Election betting: 1/4 Conservative majority; 7/2 no overall majority; 9/1 Labour majority; 250/1 Liberal Democrat majority; 500/1 UKIP majority
 
Most seats: 1/9 Conservative; 5/1 Labour; 500/1 Liberal Democrat; 1000/1 Greens; 1000/1 UKIP
12:56 03 Jun

William Hill have now taken almost £2 million in General Election bets

William Hill are approaching the £2m mark for takings on next Thursday’s General Election and can report that with less than a week to go, despite the recent Labour resurgence, 84% of all money staked has been on the Conservative Party winning. Labour have attracted 8%.
 
No overall majority has attracted 6%.
 
“In recent days, the odds of no overall majority have tumbled from 10/1 to 7/2 while the Tories are now 1/4 having been as short as 1/12, however, despite this rather seismic shift in the betting, Theresa May and co are still a near betting certainty with 1/4 representing an 80% chance of winning,” said William Hill spokesman Joe Crilly. 

“We are close to passing the £2m turnover mark and the vast majority of people punting on this election have not been put off by the very short odds on the Tories since the announcement was made by Theresa May.”
 
General Election betting: 1/4 Conservative majority; 7/2 no overall majority; 10/1 Labour majority; 250/1 Liberal Democrat majority; 500/1 UKIP majority
 
Most seats: 1/10 Conservative; 11/2 Labour; 500/1 Liberal Democrat; 1000/1 Greens; 1000/1 UKIP

12:27 03 Jun

General Election Update: Boris Johnson backed to be Prime Minister

LABOUR have shortened up again with Ladbrokes in the Most Seats market into 5/1, giving them their biggest chance yet of winning the Election
The move consequently sees the TORIES drift out to 1/8

THERESA MAY remains the favourite to be PM on July 1st at 1/4, however BORIS JOHNSON is continuing to be backed by punters and is now chalked up at 25/1 with the firm

Jessica Bridge of Ladbrokes said: "Neither leader performed particularly bad or good during Friday night's final debate, however, bets continue to flood in for Labour and whilst their odds have contracted to their shortest price yet, it still only represents a 17% chance of pulling off a shock victory."


Most Seats
Con 1/8
Lab 5/1

Most Votes
Con 1/5
Lab 10/3

Majority
Con 1/4
No Maj 9/2
Lab 10/1

PM on July 1st
May 1/4
Corbyn 7/2
Johnson 25/1

12:41 31 May

Ladbrokes offer 3/1 Theresa May takes part in tonight's TV Debate

Following the breaking news Jeremy Corbyn will take his place in the BBC leaders' debate, Ladbrokes make Theresa May a 3/1 shot to follow suit, making it odds-on at 2/7 she remains absent

Jessica Bridge of Ladbrokes said: "Corbyn's forcing May's hand like never before. She's dammed if she does take part and dammed if she doesn't, but we reckon she will stay away from the BBC Studio tonight."

Will Theresa May take part in the BBC Election Debate at 7.30pm tonight  
Yes 3/1
No 2/7

Most Seats
Con 1/14
Lab 13/2

Most Votes
Con 1/5
Lab 10/3

PM on 1st July
May 1/6
Corbyn 9/2
10:56 31 May

No Overall Majority Odds Slashed Following YouGov Poll Results

With the latest YouGov poll suggesting that the Tories will fall short of a majority, the odds of that particular outcome have been eased from 1/6 to 2/9 at William Hill. The price for no overall majority is now just 9/2 having been 10/1 exactly one week ago. It is 10/1 for a Labour majority.
 
William Hill are now odds on (1/2) for the first time that Theresa May will NOT be the Conservative leader for the next General Election.
 
“Theresa May is in danger of losing what was being dubbed the ‘unlosable election’ and the odds on the Tories just continue to drift,” said William Hill spokesman Joe Crilly. “The Prime Minister is now in a position whereby she is seemingly damned if she wins and damned if she doesn’t.”
 
The spread on how many seats Labour will win continues to increase as well with that figure now standing at 203 having initially been 155.
 
UK General Election betting: 2/9 Conservative majority; 9/2 no overall majority; 10/1 Labour majority; 250/1 Liberal Democrat majority; 500/1 UKIP majority
 
Most seats: 1/14 Conservative; 13/2 Labour; 500/1 Liberal Democrat; 1000/1 Greens; 1000/1 UKIP
 
Will Theresa May be the Conservative party leader for the next General Election: 6/4 yes; 1/2 no
 
How many seats will Labour win: 5/6 203 or fewer; 204 or more
 
How many seats will Conservatives win: 5/6 362 or fewer; 5/6 363 or more
15:04 30 May

TV Debate Analysis - What the traders thought of May v Corbyn live

This article first appeared on the betting.betfair.com blog.

Theresa May and Jeremy Corbyn were pitted against each other in a live TV debate. Though the pair never met on stage, as the Conservative leader refused to have a head-to-head encounter, both tackled questions about pressing issues and their manifestos. 

Corbyn, who has faced much criticism about his views on foreign policy, was questioned about his past relations with Northern Ireland. 

In the 1970s and 1980s, the Labour leader met with members the IRA and attended a commemoration for people from the Irish paramilitary group. However, Corbyn said he was seeking a "dialogue" and that he had marked a minute's silence "for everyone who died in Northern Ireland".

Foreign policy in debate

His supporters have compared the incident to May's close ties to Saudi Arabia, despite their on-going battles with neighbours Yemen. Defending her relationship with the Saudi-led coalition, the Conservative leader said it was important to "engage" and "talk to people" about the UK's interests and to raise, difficult issues when it's necessary to do so.

At the live debate, which was led by Jeremy Paxman, May faced questions about her social care reforms and Brexit.

The Prime Minister refused to say what level a cap for pensioners receiving winter fuel payments would be set or how many people would be affected. She also wouldn't say what the highest level of care costs would be. 

This has been a contentious issue for the Conservatives as they had initially refused to introduce a cap on care costs. However, the party then made a swift change in their policy, which had been a key part of their manifesto.

Cuts or caps on care?

The Conservative leader said it was merely a clarification and not a u-turn promising an "absolute limit" on the amount people will have to pay for their care. 

May also faced tough questions about her plans for school funding after her party said it would remove free school lunches.

She said: "Nobody can guarantee a real-terms per-pupil funding increase. I mean, the Labour party's manifesto, we know the figures don't add up."

Corbyn was served a number of questions about Brexit from the small studio audience. He refused to set a target for migration numbers but instead said his party would work to prevent the undercutting of wages.

With many worrying whether Labour, which largely wanted to remain in the EU, would honour the decision, Corbyn said the party had to "accept the reality of the referendum".

Who won?

The general consensus seems to be that neither leader was the out-and-out champion of the debate. Corbyn, who faced tough questions on his past, appeared to be more prepared and assured during the discussion. May, who unsurprisingly as a Conservative Prime Minister was challenged on cuts, taxes and public services, appeared more flustered in places. She remained consistent and didn't deviate from her manifesto, despite heckles from the audience at times.

For many viewers and voters, there will still be concerns about the Labour leader's views on security, while the Prime Minister will look unsteady on how her government would sustain services like the NHS and police forces.
11:26 29 May

Bank Holiday Monday Election Update: Conservatives fighting back after Labour gains

Friday & Saturday were all about Labour but William Hill have reported a Conservative bounce over Sunday and Monday of the Bank holiday. 

A Conservative Majority is now 1/7 from 1/6 and it is 1/16 from 1/12 that the Conservative Party win the most seats on the 8th of June.

UK General Election: 1/7 Conservative majority; 7/1 No overall majority; 10/1 Labour majority; 250/1 Liberal Democrats majority; 500/1 UKIP majority

Most Seats: 1/16 Conservative; 7/1 Labour; 500/1 Liberal Democrats; 1000/1 UKIP; 1000/1 Greens
11:26 28 May

£10,000 Bet Placed at William Hill on Labour Victory

On Saturday afternoon a William Hill customer from Guilford placed a £10,000 bet on Labour winning the most seats at the General Election at 6/1 – if proved correct he will collect a cool £70,000.
 
“The vast majority of small bets that we have taken have been for a Labour victory and for the first time it appears that the big boys think that Labour could pull this off too,” said William Hill spokesman Rupert Adams.
 
UK General Election: 1/6 Conservative majority; 13/2 no overall majority; 8/1 Labour majority; 250/1 Liberal Democrats majority; 500/1 UKIP majority

Most seats: 1/12 Conservative; 5/1 Labour; 500/1 Liberal Democrats; 1000/1 UKIP; 1000/1 Greens
12:18 20 May

SNP odds-on for 'significant majority' north of the border, says bookmaker William Hill


The odds suggest that it will be an interesting night for the SNP, with William Hill offering 4/6 that they win 45 or more seats.

Whatever happens it appears likely that the SNP will have a significant majority in Scotland and William Hill predict a second referendum will take place before the end of 2020 (8/15) and it is 4/6 that Scotland votes for independence this time round.

In 2015 the SNP won 56 out of 59 Scottish Seats mostly from the Labour Party. However the latest projection from William Hill is that the conservatives are all but guaranteed to win 5 or more seats in Scotland at 3/10. Whilst the spread goes as high as eight.

Latest William Hill odds:

SNP Total Seats: 1/9 SNP to win 39 or more seats

SNP Total Seats: 11/10 Under (45.5), 4/6 Over (45.5)

SNP to win every Scottish seat: 10/3

Conservatives to win 5 or more Scottish Seats in 2017 Election: 3/10 Yes, 12/5 No

Total Conservative Party Seats in Scotland Over/Under: 5/6 Nine or more; 5/6 Eight or less

Top Ten Key Battle Grounds

Berwickshire, Roxburgh and Selkirk: 1/10 Conservatives, 11/2 SNP 16/1 Liberal Democrats,  150/1 Labour, 200/1 UKIP,

East Dunbartonshire: 4/7 Liberal Democrats, 6/4 SNP, 14/1 Conservatives, 33/1 Labour, 150/1 UKIP

Dumfriesshire, Clydesdale and Tweeddale: 1/6 Conservatives, 7/2 SNP  66/1 Labour, 100/1 Liberal Democrats, 200/1 UKIP,

Perth & North Perthshire: 5/6 SNP, 5/6 Conservatives, 66/1 Labour, 100/1 Liberal Democrats,

Edinburgh West: 3/10 Liberal Democrats, 3/1 SNP, 9/1 Conservatives, 125/1 Labour, 200/1 UKIP

Aberdeen South: 8/11 SNP, 1/1 Conservatives, 40/1 Labour, 66/1 Liberal Democrats,

Edinburgh South: 1/1 Labour, 11/4 Conservatives, 15/8 SNP, 100/1 Liberal Democrats, 150/1 UKIP

Moray: 8/11 SNP, 1/1 Conservatives, 66/1 Labour, 150/1 Liberal Democrats, 150/1 Greens

Orkney and Shetland: 1/4 Liberal Democrats, 3/1 SNP, 20/1 Conservatives, 100/1 UKIP, 150/1 Labour

Renfrewshire East: 4/7 Conservatives, 11/8 SNP, 12/1 Labour, 100/1 Liberal Democrats, 150/1 UKIP

Referendum

Independence referendum before end 2020?: 06 Jun 22:00 UK, 8/15 Yes, 11/8 No

Independence referendum before end 2024?: 06 Jun 22:00 UK, 2/9 Yes 3/1 No

Scottish independence Result: 4/6 Yes, 11/10 No

13:03 17 May

Jeremy Corbyn now just 7/1 to be UK Prime Minister on July 1st 2017

Labour's General Election odds have been slashed by Ladbrokes ahead of polling day on June 8th.

Pro-Labour support continues to pour in, and the weight of the money has seen Labour's odds positively shift for the first time since Theresa May called a snap election, and it's now 12/1 (from 16/1) they win the Most Seats, with a Labour majority chalked up at 20/1 (from 33/1).

The move consequently leaves the Tories to drift out to 1/25 in the seat betting (from 1/50) and 1/16 to land the overall majority (from 1/25).

And finally, Jeremy Corbyn is now into 7/1 to be PM by 1st July 2017.

Jessica Bridge of Ladbrokes told Bettingpro: 

"Money talks, and in little over 24 hours since Labour launched their manifesto we've seen their biggest and most positive shift in odds in weeks. The Tories are obviously still favoured in the betting, but it's one-way traffic for Labour right now."

Ladbrokes latest betting - Register an account and bet £10 to get £30 in free bets

Most Seats 
Conservative 1/25
Labour 12/1
200/1 bar

Overall Majority
Conservative 1/16
No overall majority 12/1
Labour 16/1
500/1 bar

PM on 1st July 2017
Theresa May 1/16
Jeremy Corbyn 7/1
66/1 bar
12:44 16 May

Labour Manifesto sees flood of bet on Jeremy Corbyn winning election

Labour's official manifesto launch has seen money flood in for the party to cause an almighty upset at the General Election, according to Ladbrokes.

A customer from Kings Lynn placed a £1500 wager on Corbyn being the Prime Minister on July 1st at odds of 10/1 shortly after the manifesto was launched in Bradford, which would see a return of £16,500 should he be correct. 

Interestingly, he's not the only pro-Labour punter out there, as the bookies can report plenty of chunky three and four-figure bets coming in for the party to land the Most Seats (16/1) and Overall Majority (25/1) next month.

Jessica Bridge of Ladbrokes told Bettingpro: 

"Labour's manifesto launch has struck a chord with punters, and pro-Labour money is piling in with three weeks to go. Jeremy Corbyn and co. remain the outsiders, but both money and momentum is with his party right now."

Ladbrokes latest betting

Most Seats
Conservative 1/50
Labour 16/1
200/1 bar

Overall Majority
Conservative 1/25
No Overall Majority 12/1
Labour Majority 25/1
500/1 bar

PM on 1st July 2017
Theresa May 1/20
Jeremy Corbyn 10/1
50/1 bar
11:15 11 May

Labour tipped to get just 157 seats at General Election

William Hill have set the spread of Labour seats after June’s General Election at 157 (5/6 each side) – significantly lower than their current 232. It is 2/9 that they win fewer than 200 seats and 8/1 for fewer than 100.
 
“Given that the Tories are 1/33 to win the General Election, it is no surprise that Labour look set to lose a significant number of seats,” said William Hill spokesman Joe Crilly. “The leaked manifesto has done nothing to improve the likelihood of Labour grabbing a few more seats.”
 
William Hill can report that £16.52 has been wagered on the Tories to win the General Election for every £1 on Labour.
 
Total number of Labour seats: 2/9 199 seats or fewer; 3/1 200/1 seats or more
 
Labour to get more than 100 seats in the General Election: 1/20 100 seats or more; 8/1 less than 100 seats
 
Labour total seats: 5/6 157 or less; 5/6 158 or more
11:52 10 May

ELECTION BETTING UPDATE: Hills taking £16.50 on Tories for every £1 on Labour

William Hill can report that they have taken over £750,000 on the outcome of this June’s General Election and despite Theresa May’s One Show shambles, the Tories are 1/33 to win the General Election.
 
“The odds have  continued to come in for the Tories, almost making a mockery of the relatively generous 1/5 we offered on the day the snap election was announced,” said William Hill spokesman Joe Crilly. “For every £1 placed on Labour winning the General Election, we have seen £16.52 on the Conservatives.”
 
The biggest liability any individual has racked up is £175,000 – with a man from North London placing £500 at 200/1 that UKIP win a majority at the next election and then followed that up with an additional £500 at 150/1. UKIP are now just 100/1 to win a majority at the General Election.
 
UK General Election: 1/33 Conservative majority; 12/1 no overall majority; 25/1 Labour majority; 66/1 Liberal Democrats majority; 200/1 UKIP majority
 
Most seats: 1/100 Conservative; 16/1 Labour; 66/1 Liberal Democrats; 100/1 UKIP; 200/1 Greens
10:51 05 May

£36,000 Tory Wager Following Local Labour Losses


Following the local council elections, the Conservatives were the beneficiaries of Labour losing more than 100 seats and William Hill is offering 1/12 that they win a majority at the General Election next month.

However, the restrictive price has not put punters off with one wager of £36,000 (to win £3000) coming in at 9:15 on Friday morning from an online customer in Fulham.

Labour’s odds of gaining a majority are 14/1.

William Hill spokesman Joe Crilly told Bettingpro.com:

“Whilst a Conservative majority looks relatively unbackable to your average punter, the big bets have started to come out of the woodwork with one punter in Fulham risking £36,000 to join our countless other five figure wagers, including one of £70,000. It’s an oft used term but people really do see a Tory majority as ‘buying money’.”

Many are suggesting that Labour’s losses could be a direct response to the leadership of Jeremy Corbyn and he is 7/4 to no longer be leader on 9th June.

Latest William Hill odds:

General Election betting: 1/14 Conservative majority; 8/1 no overall majority; 14/1 Labour majority; 50/1 Liberal Democrat majority; 150/1 UKIP majority

Will Jeremy Corbyn be Labour leader at 23:00 on 9th June: 2/5 still leader; 7/4 no longer leader.

15:40 03 May

PM 8/1 to take part in ITV Leaders' debate

Theresa May is unlikely to take part in the General Election debate airing on ITV this month, according to Ladbrokes.
 
As the broadcaster announced its General Election plans which include a Leaders' Debate on May 18th, the bookies believe it will be taking place without the Prime Minister as it's an outside shot at 8/1 May takes her position behind the podium.
 
Jessica Bridge of Ladbrokes said: "Unfortunately it looks like we won't be able to offer odds on how many times the PM says strong and stable in the ITV Leaders' Debate, as she won't be there."
13:05 29 Apr

UKIP 6/1 to win Boston and Skegness

Paul Nuttall is 6/1 to win in Boston and Skegness with Ladbrokes.

After the UKIP leader announced he's to stand in the Lincolnshire seat the bookies make him 6/1 to be elected, with the Conservatives clear favourites at 1/10.

Jessica Bridge of Ladbrokes said on Saturday: "Nuttall might be up for a contest, but the odds suggest it's not even going to be a close one."
09:42 28 Apr

General Election odds update...

The Conservatives are a best price 1/16 (888Sport, Unibet) this morning to win the most seats on June 8th. Labour can be backed at 14/1 with bet365.

In the 'Overall Majority' market, a Tory majority can be backed at 1/7 with BetVictor (it's as short as 1/12 elsewhere), with 'No Overall Majority' 7/1 (Betfred) and a Labour majority out at 40/1 with bet365.
13:29 25 Apr

Sir Kier Starmer Second Favourite For Labour Leadership Role Should Corbyn Go

 Following his speech saying that Labour could scupper the government’s ‘Hard Brexit’ proposal Sir Kier Starmer is the 4/1 second favourite with William Hill to be the next Labour leader after Jeremy Corbyn, behind just Yvette Cooper in the betting (7/2).
 
It looks as though a leadership contest could be just around the corner with Hills offering just 4/7 that Jeremy Corbyn is no longer the Labour leader on 9th June.
 
“The posturing has already begun from those who have designs on Mr Corbyn’s job and should there be a leadership contest in the near future, we think Kier Starmer will be chucking his hat into the ring,” said William Hill spokesman Joe Crilly.
 
Next permanent Labour Leader after Jeremy Corbyn: 7/2 Yvette Cooper; 4/1 Kier Starmer; 7/1 Clive Lewis; 12/1 Dan Jarvis; 12/1 David Miliband; 14/1 Lisa Nandy; 14/1 Rebecca Long Bailey; 16/1 Chuka Umunna; 20/1 BAR
 
Will Jeremy Corbyn still be Labour leader on 23:00 9th June: 4/7 no; 5/4 yes
11:46 20 Apr

Bookmakers Predict Record Low Turnout for 2017 General Election

William Hill are predicting that this June’s General Election could see betting turnover upwards of £15m in stark contrast to the apathy that has greeted Theresa May’s announcement.
 
It is just 2/1 that voter turnout is the lowest since the Second World War (less than the 59.4% 2001).
 
“The reaction up and down the country has been similar to that of Brenda from Bristol and it is a very short price that voter turnout is the lowest in 77 years,” said William Hill spokesman Joe Crilly. 

“That said, turnover could once again break political betting records. The Tories are such a short price that it would be no surprise to see some big political punters come out to play over the course of the next seven weeks.”
 
With Theresa May refusing to take part in a live TV debate, Hills are offering 2/1 that she performs a U turn and does in fact appear on one.
 
UK General Election betting: 1/6 Conservative majority; 5/1 no overall majority; 16/1 Labour majority; 25/1 Liberal Democrat majority; 100/1 UKIP majority
 
General Election turnout: 10/11 63% and over; 10/11 under 63%
 
General Election turnout to be lowest since WWII: 4/11 59.4% or more; 2/1 lower than 59.4%
(lowest turnout was 59.4% in 2001)
 
Will Theresa May take part in a live TV leadership debate: 4/11 no; 2/1 yes
21:30 19 Apr

Bet On Politics Guide to the 2017 General Election

BetOnPolitics.co.uk have put together a full guide to betting on the 2017 General Election, containing all of the information you need to know about the proposed June 8th election. Read the Bet On Politics General Election betting guide.
16:35 19 Apr

General Election Market Moves: Tories being backed despite short odds

Ladbrokes have revealed the betting in the 24 hours since Theresa May called for a General Election and it is the Tories that the public are backing to win the public vote, 

The Conservatives have been backed in to 1/16 for Most Seats following sustained support despite the short odds on offer. Labour have consequently drifted out to 10/1.

Ldbrokes  make it 5/6 the Tories notch up over 375.5 seats on June 8th.

Following PMQs on Wednesday Yvette Cooper has emerged as the new second favourite to become the next permanent leader of the Labour party, seeing her odds slashed into 10/1 from 16/1.

UKIP is odds-on to win zero seats at the General Election. It is 7/4 they win at least one. 

Jessica Bridge of Ladbrokes told Bettingpro: 

"Barely 24 hours has passed and General Election betting is booming. The odds are heavily in favour of a Tory 'bluewash', but that hasn't deterred punters from placing their money on anything other than a convincing win for Theresa May."
Ladbrokes latest betting - General Election 2017

Most Seats
Conservatives 1/16
Labour 10/1
Liberal Democrats 25/1
UKIP 100/1
Greens 200/1

Majority betting
Conservative majority 1/6
Labour majority 20/1
Liberal Democrat majority 66/1
UKIP majority 100/1
No overall majority 5/1

Specials
UKIP to win 0 seats 2/5
UKIP to win at least 1 seat 7/4
UKIP to win more votes than Labour 5/1
Lib Dems to win more votes than Labour 7/2
Labour to win more votes than Lib Dems 1/5
Women's Equality Party to win a seat 50/1

Conservative seats
Over 375.5 5/6
Under 375.5 5/6

Labour seats
Over 171.5 5/6
Under 171/5 5/6

Lib Dem seats
Over 28.5 5/6
Under 28.5 5/6

Labour seat bands
Under 100 7/1
100-149 3/1
150-199 13/8
200-249 4/1
250-299 10/1
300-349 16/1
350-399 25/1
400+ 100/1

Lib Dem seat bands
Under 10 7/1
10-19 7/2
20-29 3/1
30-39 9/2
40-49 7/1
50+ 7/2

11:18 19 Apr

General Election Betting Analysis: Betfair's Experts Explain What Will Happen

The below article was taken from the betting.betfair blog.

"If Labour win, opinion polling can be officially pronounced dead. It won't happen. The best they can realistically hope for is to cut the deficit, avoid losing too many seats and hope the Lib Dems restrict the Tory majority."

During the 20th century, political scientists referred to UK Conservatives as the most successful political party in the Western world. Their secret was an ability to move with the times and adapt to a changing electorate. When a core policy became unpopular, they would drop it. While their rivals tore themselves apart over ideology, the Tories simply reinvented themselves when required.

Two decades ago, with the party split down the middle over EU membership and out of touch with modern, socially liberal norms, that narrative appeared dated. With spectacularly bad timing, Geoffrey Wheatcroft released his book, "The Strange Death of Tory England' in 2005, just as David Cameron was about to become leader.

Yesterday, when Theresa May shocked the nation by calling an early election, the overwhelming consensus was that the Tories are back in total control of British politics and on the verge of emulating their greatest victories of last century.

Brexit benefits Tories, decimates Labour
Once again, the key is their changed response to the issue that now transcends all others. The party that took the UK into the EU; that signed the Single European Act and Maastricht Treaties; whose PM led the campaign to stay in the EU and whose replacement was also a Remainer are now very much the Brexit Party. Perfect, for an election which will be dominated by that single topic.

While Labour immediately descended into confusion and civil war after the referendum, the Tories offered a clear message and competent candidate. No ifs, no buts, May would respect the result and push through Brexit. The reward seems certain to be a mandate for the new PM to pursue whatever Brexit she wants, thanks to an increased majority in Parliament.

The message from Betfair markets couldn't be clearer. The Tories are 1.08 (93%) to win Most Seats and 1.23 to win another Overall Majority. While the former odds are prohibitive, this is actually a great way to make 8% profit minus commission in just six weeks. There is simply no rational argument to oppose them.

Consider the basic numbers. After the 2015 election, the Tories had 98 more seats than Labour. Prior to that 7% victory margin, most expected a near dead-heat. Two years on, the Tories are polling around 20% ahead. They made history in Copeland recently, becoming the first governing party to gain a seat in nearly 40 years. When it comes to 'Best PM', May consistently leads Jeremy Corbyn by over 30%.

Many will doubtless point to the polling and market failures of 2015 and 2016. Few foresaw a Tory majority, let alone Donald Trump becoming US President. Brexit was a big-priced outsider on polling day. If the numbers were wrong then, why not now about Corbyn's Labour?

This often repeated argument is bogus. The polls were around 5-7% wrong at the 2015 election. Much less for Trump or Brexit. Moreover in each case the numbers overstated liberal opinion and turnout. Conservative voters are older on average and vote reliably and consistently. Liberals tend to be younger and less likely to be even registered, let alone vote.

If Labour win, opinion polling can be officially pronounced dead. It won't happen. The best they can realistically hope for is to cut the deficit, avoid losing too many seats and hope the Lib Dems restrict the Tory majority by winning their own marginals.

Rather than taking on such rock-solid favourites, the task for bettors over the next six weeks is to make sense of the re-alignment in British opinion, it's implications in specific constituencies and the effect on each party's seat totals. To what extent the demise of UKIP and toxicity of Corbyn changes the numbers, as they did in Copeland. We will be examining precisely such questions on these pages.

Nevertheless, one should always be prepared to think the unthinkable in betting. By playing devils' advocate, we can at least consider what could go wrong for the Tories. There's nothing to suggest it in the poll numbers but that, of course, could change during the heat and light of an election campaign.

The case against an overwhelming Tory win
First, never underestimate the importance of the media's drive for ratings. They have six weeks to report on an election where nobody without a partisan view thinks the result is in question. After years of hammering Corbyn on an hourly basis, the Tories may finally be scrutinised properly. The failure and growing unpopularity of austerity; their total failure to meet targets on immigration or the deficit; the emergency condition of the NHS. The lack of detail around Brexit.

Weeks of that could take the shine off Mrs May's image. So, already, has the decision to call the election. The immediate reaction on call-in shows was "Why"? Few can see a genuine need for an early election, other than simply to serve the interests of the Tory party. We will be constantly reminded that she has gone back on her repeated word to not hold one.

Political honeymoons are short. This makes her look less the competent national leader than just another opportunist who breaks promises. Voters see through such calculations nowadays and have never been more inclined towards a protest vote. Many will be annoyed or irritated by yet another election and could abstain.

Indeed, May could do without constant speculation about her motives. It is already assumed that she wanted to capitalise on spectacular polls that may prove short-lived, getting her own mandate before Brexit has a chance to go wrong. Others might speculate that the election was called early before police charges were brought over electoral fraud in up to 20 constituencies. How the race pans out in those seats, especially South Thanet if Nigel Farage runs again, demands close attention.
We also must consider the possibility for Labour and particularly the Lib Dems' overperforming expectations. When you're faring as badly as Corbyn, the only way is up. The campaign gives him a very rare chance to speak directly to the country, rather than via a hostile media outlet (all of them). What if he surprises and connects? Again, the modern voter will not need much convincing that the media is biased.

However these are just talking points that may or may not affect the campaign. The starting position is crystal clear. The 52% that voted for Brexit regret nothing and are militantly opposed to anyone who vaguely sounds like quibbling with the result.

May's only rivals for that 52% are UKIP, whose sole MP has quit and whose share looks set to disintegrate. In contrast, the 48% are split between three or four parties, with big regional distinctions. Until some actual evidence of a change in these basic truths emerges, we must assume the Tories are on course for an historic, overwhelming victory.
10:18 19 Apr

Next Labour Party Leader Betting: Gamble on Keir Starmer to replace Jeremy Corbyn

Keir Starmer is the clear favourite to replace Jeremy Corbyn at the helm of the Labour party with Ladbrokes.

With Corbyn's position looking untenable now that a General Election is on the cards, the firm has seen money pour in for the Holborn and St Pancras MP to become the next leader at 5/1.

Former front runner Clive Lewis subsequently sees his odds drift out to 8/1 in the betting, whilst Dan Jarvis is chalked up at 12/1.

Punters have also been backing David Miliband which has forced his odds to tumble into 16/1, and the same price is on offer for Lisa Nandy, Angela Rayner and Rebecca Long-Bailey.

Jessica Bridge of Ladbrokes told Bettingpro: 

"It's a case of when and not if Corbyn goes this year, and savvy political punters are already wagering hefty sums on Starmer being the right candidate to replace him."

Ladbrokes latest betting

Jeremy Corbyn to be replaced as leader of the Labour party before the end of 2017  1/5

Next permanent leader of the Labour party
Keir Starmer 5/1
Clive Lewis 8/1
Dan Jarvis 12/1
David Miliband 16/1
Yvette Cooper 16/1
Lisa Nandy 16/1
Angela Rayner 16/1
Rebecca Long-Bailey 16/1
Chuka Umunna 20/1
John McDonnell 20/1
Emily Thornberry 20/1
25/1 bar

18:59 18 Apr

bet365 offering up to £200 matched bet on 2017 General Election: 100% Deposit Bonus up to £200

Bet365 have released their 2017 General Election odds and make the Conservatives 1/12 to win the next General Election. 

Labour backers can get odds of 7/1 on Jeremy Corbyn leading his party to victory but it seems almost certain that it will be the Tories, and perhaps by an even greater majority than the last time.

Bet365 are also giving new customers a 100% matched deposit of up to £200 and shrewd punters will be taking advantage to lock in some profits on the 2017 General Election.

If you deposit £200 at bet365, you get £200 instantly. Bet your new £400 balance on the Tories at 1/12 = £433 return. That's your original £200, your £200 bonus funds (which are returned to you unlike in free bets with other firms) and £33 profit.

Click the odds below to sign-up and take advantage of the offer.
Go to bet365 > Specials > UK Election Betting
18:34 18 Apr

House of Commons Confirms Parliamentary Vote on General Election

18:29 18 Apr

UKIP to stand in "Every Constituency in England and Wales"

UKIP's Neil Hamilton, the former Tory Minister, tells spoke to BBC Wiltshere following the call for a General Election and said that the party "will have a candidate in every constituency" across England and Wales,

15:30 18 Apr

Deutsche Bank Releases Statement on General Election

15:07 18 Apr

Communication Workers Union pledges support to Jeremy Corbyn

In an unsurprising move the Communication Workers Union has backed Jeremy Corbyn for the 2017 General Election and urged its members to do the same.

CWU general secretary Dave Ward said: "We need a new deal for workers and a country that is run for the millions not the millionaires - this is what we have got to fight for. 

"This is also why we have got to get behind Labour and Jeremy Corbyn."
15:00 18 Apr

POLL: Is Theresa May correct to call at General Election?

This should be interesting....


14:32 18 Apr

Over 1000 People Join Labour Following Election Announcement

Jeremy Corbyn has given an official welcome to the 1000 new members of the Labour party who have joined in the hours following Theresa May's call for a General Election. Hope for an upset yet?


13:45 18 Apr

SNP also determined to fight Theresa May at the Polls

SNP leader Nicola Sturgeon has urged to stand up for Scotland in the General Election and says that she is looking forward to leading the campaign.

"This election will be about the kind of country we want Scotland to be, and whether we want the Tories to have a free hand in determining that, or whether we make sure we stand up for Scotland's public services, for public spending against further Tory austerity.

"These are the issues that will be to the fore in this campaign, and I look forward to leading a campaign on them."
13:43 18 Apr

Plaid Cymru ready for General Election

Plaid Cymru leader Leanne Wood has said her party will contest every seat in the 2017 General Election and "make sure Wales has a stronger voice than ever before":

"Plaid Cymru is united and we're up for the opportunity to advocate for Wales' best interests. The more Plaid Cymru MPs, the stronger Wales' voice will be. The official opposition is divided and unable to agree a position on the most important of decisions.

"Plaid Cymru in Westminster will stand up for our interests and make sure the decisions being taken now are made with future generations in mind, and not to cynically appease the extreme right wing of the Tory party.

"Plaid Cymru will provide real opposition to the Tories. The party of Wales will contest every seat in June to make sure Wales has a stronger voice than ever before."
13:39 18 Apr

Tim Farron ready for General Election

Liberal Democrat leader Tim Farron has welcome the General Election call and has told the public that "this is your chance to change the directon of your country".


13:37 18 Apr

YouGov Poll: Westminster Voting Intention Revealed

13:34 18 Apr

Betfair Betting Exchange Markets Burst into Life: In the Know Punters Get Ready for Election Trading

To open an account at Betfair and trade on the General Election result, click here >>Betfair Bet £10 Get £30 Free

Theresa May this morning announced that she would be seeking approval from Parliament for an Election on June 8, in a bid to end the 'political game playing' from opposition parties.

Betfair spokeswoman, Naomi Totten said: "The Conservatives had already been the clear favourite to win both Most Seats and an Overall Majority in the next General Election and their odds have further shortened and now have around a 90% chance of both following Theresa May's statement that she would seek a June 8 date."

"Meanwhile Jeremy Corbyn's chances of still being Labour leader for the next General Election are now 1/50. His odds of leaving before an election were matched at a low of 1/50 after he was announced as leader, and punters assumed voters wouldn't be going to polls until 2020."

Earlier today, the Exchange market on Year of Next General Election burst into life when it emerged the Prime Minister would be making the announcement and as the time neared, it all pointed to an Election being confirmed for this year, with '2017' backed in from around 5.50 to 1.05.

The 2015 General Election traded £28m across all markets and, since then, political betting records have been smashed by first Brexit, with £127m, and then the US Election, with £200m.
 
General Election 2017 - Exchange Odds

UK Next General Election – Overall Majority

Conservative Majority 1.16 (2/13)
No Overall Majority 6.8 (6/1)
Labour Majority 20 (19/1)
Any Other Majority 46 (45/1)

UK Next General Election – Most Seats

Conservative 1.11 (1/9)
Labour 12 (11/1)
Lib Dems 50 (49/1)
UKIP 200 (199/1)
Any Other 300 (299/1)

Party Leaders – Corbyn To Go Before Next General Election?

Yes 5 (4/1)
No 1.02 (1/50)
13:31 18 Apr

Lord Ashcroft responds to General Election call with Corbyn dig

Former Conservative chairman Lord Ashcroft has responded to the call for a General Election with an unsurprising dig at labour leader Jeremy Corbyn.


12:32 18 Apr

William Hill cut Conservatives from 8/13 to 2/9 to win General Election

The Conservatives have been slashed from 8/13 to 2/9 (87% chance) by William Hill to win the next General Election with an overall majority. 

Hills make Labour 14/1 to win the election and make a Hung Parliament (no overall majority) a 4/1 (20%) chance.

But the bookies reckon the future looks bleak for Jeremy Corbyn and William Hill offer 1/2 (66% chance) that he will cease to be Labour leader on or before June 9, 2017 and 6/4 that he will still be leader on June 10, 2017.

Hill's spokesman Graham Sharpe told Bettingpro:

'The next General Election campaign has started badly for us – we face a £23,000 loss if the Election does go ahead on June 8 after the odds for a 2017 Election were shortened from 5/1 to 2/1. We took some £3million on the last General Election, and £5m on the US Election, so we anticipate huge betting interest on a June 8 General Election' 

NEXT GENERAL ELECTION: 2/9 Tory overall majority; 4/1 Hung Parliament; 14/1 Labour overall maj; 25/1 Lib Dem overall maj; 150/1 Ukip overall maj.

12:07 18 Apr

Jeremy Corbyn welcomes Theresa May’s call for General Election

Mr Corbyn said in a statement: "I welcome the Prime Minister's decision to give the British people the chance to vote for a government that will put the interests of the majority first.

"Labour will be offering the country an effective alternative to a government that has failed to rebuild the economy, delivered falling living standards and damaging cuts to our schools and NHS.

"In the last couple of weeks, Labour has set out policies that offer a clear and credible choice for the country. We look forward to showing how Labour will stand up for the people of Britain."

Corbyn is 1/5 to be replaced as the Labour leader before the end of 2017
Corbyn welcomes the Election
11:46 18 Apr

Paddy Power release General Election Betting Odds: 1/10 Conservatives win & 1/7 Overall Majority

Following Theresa May’s surprise decision to call a General Election, Paddy Power has released the latest odds on the proposed June 8th vote.

Overall Majority
1/7 Conservative majority
5/1 No overall majority
14/1 Labour
100/1 Liberal Democrat
100/1 UKIP
500/1 Green Party

Party to Win the Most Seats
1/10 Conservatives
7/1 Labour
20/1 Liberal Democrats
100/1 UKIP
500/1 Green Party
11:43 18 Apr

Strathclyde University Politics Professor says Conservatives Not as Strong as Polls Suggest

The latest opinion polls are 

Conservatives 42%
Labour 27%

John Curtice, professor of politics at Strathclyde University has spoken to the BBC and says that these figures would give Theresa May a "quite substantial majority". 

However, he claims that the majority of the Labour seats are safe ones and that May's tactics of calling for the General Election could make "some Conservative voters unhappy".


11:41 18 Apr

Theresa May explains reasons for General Election

"In recent weeks Labour have threatened to vote against the final agreement we reach with the European Union. 

"The Liberal Democrats said they want to grind the business of government to a standstill.

"The Scottish National Party say they will vote against the legislation that formally repeals Britain's membership of the European Union.

"And un-elected members of the House of Lords have vowed to fight us every step of the way.

"If we do not hold a general election now, their political game playing will continue."
11:28 18 Apr

Ladbrokes General Election Odds: 1/10 to take place on June 8 & 1/10 Conservatives Win

The Conservatives are 1/10 to take the most seats at this year's snap General Election with Ladbrokes.

Following the PM's surprise announcement on Tuesday morning the firm have reacted by instantly by making the Tories heavy odds-on favourites at 1/10 for most seats and 1/5 in the majority betting, leaving Labour at 7/1 and 12/1 respectively. 

It's now also a 1/5 shot Jeremy Corbyn is replaced as leader of the Labour party before the end of 2017. 7/2 was the last price on offer for an Election to take place this year.

Jessica Bridge of Ladbrokes told Bettingpro: 

"May's change of heart has caught everyone by surprise, but it's looking hard to see Labour springing their own on June 8th with the Tories long odds-on for victory."

Most Seats
1/10 Conservatives
7/1 Labour
33/1 Liberal Democrats
100/1 UKIP

Majority betting
1/5 Conservatives
12/1 Labour
66/1 Liberal Democrats
5/1 No Overall Maj

1/10 General Election Happens on June 8
6/1 General Election Doesn't happen on June 8
11:26 18 Apr

WATCH: Theresa May announces call for General Election


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General Election Betting Odds: All of the latest betting news & odds in reaction to the 2017 General Election

General Election Betting Odds following UK Prime Minister Theresa May's call for a snap General Election on June 8.

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