Nigel Farage's party are completely out of the running after deciding not to contest 317 seats.
The Brexit Party are strongly expected to fail in their bid to gain a seat at this month’s general election.
Bookmakers have priced them as short as 1/6 to end up with under 0.5 seats after the UK goes to the polls. That’s an implied probability of 85.7% that the Brexit Party fail to gain a single seat.
Their odds of managing over 0.5 seats currently sit at 7/2, a lowly 22.2% chance. Back in October this had been the reverse, with the party odds-on to win at least one seat.
The party dropped a bombshell back in early November, announcing that they would not contest the 317 seats won by the Conservatives at the 2017 general election.
Not only has that boosted the Tories’ chances, it also leaves the Brexit Party with just 275 seats to contest at the upcoming election.
Despite this, leader Nigel Farage launched the party’s campaign promising a “political revolution” which set out a host of ambitious pledges, though no policy commitments.
Farage will not be standing as a candidate himself and has been faced with high profile exodus from the party, including the likes of Annunziata Rees-Mogg.
Oddschecker spokesperson Callum Wilson: “The decision not to contest 317 seats was always going to put pay to the Brexit Party’s chances of making an impact of their own in this election.
“However, the resignations of Rees-Mogg, Lance Forman and Lucy Harris have been equally damaging. With just 3% of the projected vote share in the most recent polls, the Brexit Party’s fate is no secret in the betting markets either.”
