We check in on the latest odds as we head for Election on July 4th.
As expected, the General Election odds markets have been bubbling on oddschecker since Rishi Sunak called an election for Thursday 4th July.
Next UK General Election Most Seats
Labour are close to 90% likely to Win the Most Seats in the 2024 General Election even at the best prices available through oddschecker.
The Conservative party is rated between 7% and 16% likely to win the most seats according to the range from 5/1 shortest to 12/1 best price through Ladbrokes.
Government After the Next General Election
One crumb of comfort for the Conservative party, however, might lie in the latest betting trends through oddschecker, which indicate punters remain at least a little speculative about the outcome - perhaps owing to the short prices on offer for Labour.
In the time since Sunak called the election, a Labour majority has taken 28% of the bets in the Government After the Next General Election market, while a Conservative Majority finds itself in 22% of the betslips despite that outcome having a best price of 33/1 on Paddy Power.
Conservative Seats Lost
The Conservatives currently hold 344 seats, a 21-seat downturn on their election victory in 2019 due to various by-elections and experts expect that number to tumble even further in July.
With Labour looking strong, and other parties making ground, the Conservatives are 3/1 to lose 151-200 seats, 15/2 to lose 101-150 seats and a staggering 4/9 on Sky Bet to lose 201+ seats.
Next Prime Minister Odds
Rishi Sunak is only 11% likely to retain his position as the Prime Minister after the next General Election on July 4th even at the shortest odds through oddschecker. The best price at the time of writing is 10/1 on BetVictor (11% chance). Labour leader Sir Keir Starmer is as short as 1/50 (best1/9 on LiveScoreBet).
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Next Conservative Leader Odds
Kemi Badenoch (Secretary for Business and Trade) is the 3/1 favourite on Betfred to succeed Rishi Sunak as the next Conservative leader, edging Penny Mordaunt (Leader of the House of Commons) who is a general 5/1 chance (best price 13/2). Newark MP Robert Jenrick is third favourite at a biggest price 8/2.
