Labour is creeping into the betting, but the Tories continue to dominate
With the country heading to the polls tomorrow, it's the final push in the general election campaigns.
But what is the current situation in the political betting markets? We rounded up the most important markets ahead of Thursday, so you don’t have to.
Most seats
The Conservative party are strong favourites to retain the most seats following tomorrow’s vote, and currently have a 95.2% chance of doing so.
In odds, the Tories are 1/20 to win the most seats race, ahead of Labour who are 14/1. The Liberal Democrats are well off the pace at 500/1.
Overall majority
Boris Johnson’s party continue to drift in the overall majority market, with the Tories becoming gradually less likely to get their majority, drifting from 1/4 out to 4/9.
That’s resulted in odds being cut on no overall majority, with odds shortening from 3/1 into 12/5.
A Labour majority is still unlikely, priced at 33/1 to happen. In percentages, that’s a 2.9% chance.
Government after general election
A Conservative majority continues to drift here, moving out from 1/4 to 4/9.
That’s due to the influx of bets on a Labour minority government, which has been cut from 8/1 into 5/1.
A Labour and SNP coalition is also being bet on, with odds being cut by more than half from 25/1 into 12/1.
Oddschecker projections*
Using data from every bookmaker on the Oddschecker grids, we scraped the favourite in each of the 650 constituencies to create an interactive map of the UK.
We looked at which party is favourite in all 650 constituencies in the UK and our projections currently have the Conservatives the favourite in 352 of them.
Our current projections currently have Labour as favourites in 214 seats across the UK.
The SNP are set for the next most constituencies, with bookies projecting a 43 seat haul for Nicola Sturgeon's party.
Our data also shows the Liberal Democrats are on track for 17 seats following the general election.
*Correct as of 11:15 am, 11/12/2019
Oddschecker Total Seat Projections (Not including speaker)
|
Party |
Number of constituencies favourite in |
|
Conservative |
352 |
|
Labour |
214 |
|
SNP |
43 |
|
Liberal Democrats |
17 |
|
DUP |
9 |
|
Sinn Fein |
7 |
|
Plaid Cymru |
4 |
|
Green |
1 |
|
SDLP |
2 |
