Jake is a Football and Entertainment betting expert, with a Man City season ticket and a deep knowledge of reality TV betting angles
- Bookies now make it odds-on that the Conservative party will lose 201 or more seats at the next General Election
- Labour are 1/10 to gain the most seats at the General Election
- Latest odds say we'll see the General Election take place at the end of the year
Bookies now make it odds-on that the Conservative party will lose 201 or more seats at the next General Election
Bookies are now offering odds on how many seats the Conservative Party will lose at the next General Election with a big defeat expected by the Labour Party.
The latest betting market makes it odds-on at 8/15 that the Conservatives will lose 201 or more seats at the upcoming General Election which is due to take place before February 2025.
William Hill's odds say there's 65% chance of more than 200 seats being lost by the party, although they won't all be won by the Labour Party of course.
The full market starts at No Losses at 125/1 and goes in increments of 50 seats lost as bookies look to offer value in the next General Election.
| Total Conservative Seats Lost at the next General Election | Odds | Probability |
|---|---|---|
| No Losses | 125/1 | 0.8% |
| 1-50 Seats Lost | 40/1 | 2.4% |
| 51-100 Seats Lost | 16/1 | 5.9% |
| 101-150 Seats Lost | 6/1 | 14.3% |
| 151-200 Seats Lost | 2/1 | 33.3% |
| 201 or more Seats Lost | 8/15 | 65.2% |
What the expert says...
Labour are 1/10 to gain the most seats at the General Election
Labour are heavily odds-on to win the upcoming General Election with the latest betting odds putting the Labour Party at 1/10 to gain the most seats.
Sir Keir Starmer's party are expected to win by a landslide at the polls with a Labour Majority currently 1/5 and clear of the outcome market.
The Conservatives are 6/1 to win the most seats at the General Election which would be a massive shock in the betting land at least.
UK General Election Betting Odds
Latest odds say we'll see the General Election take place at the end of the year
It looks increasingly likely that it'll be the last three months of the year that we see the General Election take place with the latest odds saying there's an 80% chance it's October-December this year.
The latest it could be is the first couple of months of 2025 and that is currently a 12/1 outsider alongside July-September 2024.
OLBG have looked at the potential dates for the Election along with the odds for those specific dates:
| When will the General Election take place? | Odds | Probability |
|---|---|---|
| October-December 2024 | 1/4 | 80.0% |
| April-June 2024 | 9/2 | 18.2% |
| 2025 or Later | 12/1 | 7.7% |
| July-September 2024 | 12/1 | 7.7% |
Political Author Information
Political Betting Expert
Jake Ashton
Senior News Editor
