There are lots of available UK political betting markets and that includes the chance to place a wager on which party will win the most seats at the next General Election. It could be a close run thing between Labour and Conservative although it's Keir Starmer's party who are currently the odds-on favourite to secure some kind of majority.
It would be a big change compared to the 2019 General Election considering that there was a difference of 163 seats between the Tories and the Labour Party on that occasion, with Boris Johnson's government trouncing Jeremy Corbyn, although COVID-19 and the shambles of various leadership teams might see the UK electorate lose confidence in the party.
Most Seats
The shortest price is Labour at 2.63 with Unibet, a 35% chance once the bookmakers' margin is taken out. Next in the betting: Reform UK at 2.80 and Conservatives at 4.00. 8 selections priced by 1 bookmaker.
Payout on this market: Unibet 91.9%. The share of stakes a bookmaker pays back across the whole field; the rest is its margin.
No price moves yet since we started tracking this market on Tue 13 Oct.
Best prices across the bookmakers we compare, captured every few minutes since Tue 13 Oct. Price moves show what bookmakers did, not what will happen.
Year Of Next General Election
The shortest price is 2029 Or Later at 1.67 with Unibet, a 51% chance once the bookmakers' margin is taken out. Next in the betting: 2027 at 3.50 and 2028 at 4.50. 4 selections priced by 1 bookmaker.
Payout on this market: Unibet 85.2%. The share of stakes a bookmaker pays back across the whole field; the rest is its margin.
Best price per selection highlighted. Odds update frequently and may differ at the bookmaker. 18+ | #ad | BeGambleAware.org | T&Cs apply.
As things currently stand, it would be a big surprise if the Labour Party didn't manage to land the biggest number of seats in the 2024 General Election, with the country set to go to the polls in a couple of years. However, a lot can change in UK politics and Keir Starmer will hope that Labour can continue to have mass appeal.
It's to Labour's advantage to be in opposition during the cost of living crisis. Boris Johnson continued to break the rules to the point where his position became untenable. Liz Truss made a dog's dinner of the Tory leadership and few of the electorate are going to empathise with the wealthy Rishi Sunak who is now PM.
However, the British general public can be a fickle lot and the Conservative Party will hope to win voters back ahead of the 2014 General Election. There is plenty of time for them to show green shoots of recovery and it would still require Labour to get an enormous amount of swing in order to be the party in power.
Perhaps we'll see a close run thing and a potential hung parliament, with lots of political betting odds already available. You can bet on whether there will be a Labour majority or minority, while there is also the opportunity to bet on the Next UK Prime Minister betting market.
UK Elections Next General Election FAQ
Who is the favourite in the UK Elections Most Seats betting?
The shortest price is Labour at 2.63 with Unibet, a 35% chance once the bookmakers' margin is taken out. Next in the betting: Reform UK at 2.80 and Conservatives at 4.00. 8 selections priced by 1 bookmaker.
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