Bookies Report Betting on Labour to Win Most Seats at the Next GE at All-Time Low of Just 31% Probability

Updated: 202

Bookies Report Betting on Labour to Win Most Seats at the Next GE at All-Time Low of Just 31% Probability
Steve Madgwick Editor-In-Chief

Editor-In-Chief with 20 years experience covering the betting angles to breaking news stories. Daily slots player, Portsmouth fan and League Snooker Player

  • Punters confidence at all-time low with bookmakers, with odds of most seats drifting to 11/5
  • Keir Starmers odds of being the Next Prime Minister now 4/1 from 6/4 at betting sites.
  • Conservative Party still strong with 66% confidence in 1/2 betting odds
  • Liberal Democrats have only 5% chance according to bookies.
Labours' probability of winning most seats at the next General election has dropped to their lowest level with bookmakers in 18 months. Bookmakers give them just a 33% chance against The Tories 66%

Nigel Skinner - Political Betting Expert - OLBG.com

Boris Johnson's reshuffling of the Cabinet this week may have proven to be a masterstroke if the bookmaker's odds on how many seats Labour will win at the next general election are anything to go by.

Betting sites are now showing the biggest odds to date on the potential outcome as punters confidence drops to just 31% translating to betting odds of 9/4 against the Conservative's strengthening their position to 66% confidence and odds on at 1/2

To Win Most Seats at the Next General Election Betting Odds.

Party Odds Probability
Conservative 1/2 66%
Labour 9/4 33%
Liberal Democrats 17/1 5%

**Probability percentage figures include bookmakers overround - odds correct at 16/9/2021

Next Prime Minister

Gavin Williamson's chance of being the Next Prime Minister after Boris Johnson has gone, but Liz Truss has moved up in the betting with bookmakers now making her a 12/1 chance

Nigel Skinner - Political Betting Expert - OLBG.com

Liz Truss has a chance of becoming the next prime minister after boris johnson

Remember Gavin Williamson? The dumped secretary for Education was once a 20/1 shot to become the next prime minister after Boris Johnson.

Rishi Sunak remains the favourite at 4.7 odds, while Starmer has been as low as 6/4 in the betting at times but now punters are able to get almost 4/1 and the same price as Sunak.

It leaves a head to head match between Rishi Sunak and Starmer as pretty much a 50-50 race, with Liz Truss and the recently demoted Dominic Raab trailing in joint 3rd at 12/1

Next Prime Minister [after Boris Johnson] Betting Odds

Candidate Party Odds Probability
Rishi Sunak Conservative 4.7 21.28%
Keir Starmer Labour 4.8 20.83%
Liz Truss Conservative 13 7.69%
Dominic Raab Conservative 13 7.69%
Jeremy Hunt Conservative 15.5 6.45%

**Probability percentage figures include bookmakers overround - odds correct at 16/9/2021

With odds of 1/2 for Conservative to win the next general Election and Rishi Sunak holding firm in the Cabinet reshuffle this week, it is a surprise to see bookmakers offering nearly 4/1 odds of him being the next Prime Minister after Boris Johnson

Nigel Skinner - Political Betting Expert - OLBG.com

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