Conservatives 1/10 to win snap 2017 General Election – 1/5 for a majority

The Conservatives are 1/10 to take the most seats at this year’s snap General Election, according to the latest odds.

Following Prime Minister Theresa May’s surprise announcement of a vote on June 8, the bookies have reacted by instantly making the Tories heavy odds-on favourites for the most seats at 1/10.

And it’s 1/5 in the majority betting, leaving Labour at 7/1 to claim the vote and 12s for a majority.

It’s now also a 1/5 shot that Jeremy Corbyn is replaced as leader of the Labour party before the end of 2017.

The Liberal Democrats are 33/1 to gain the most seats and 66/1 for a majority, while UKIP are 100/1 to win the vote in seven weeks’ time.

The last price on offer for a General Election to take place this year had been 7/2.

Jessica Bridge of Ladbrokes said: “May’s change of heart has caught everyone by surprise, but it’s looking hard to see Labour springing their own shock on June 8 with the Tories long odds-on for victory.”

Ladbrokes Latest Betting

General Election odds

Most Seats

Conservatives – 1/10

Labour – 7/1

Liberal Democrats – 33/1

UKIP – 100/1

Majority odds

Conservatives – 1/5

No Overall Majority – 5/1

Labour – 12/1

Liberal Democrats – 66/1

Specials

General Election to take place on June 8 – 1/10

General Election not to take place on June 8 – 6/1

Click here for the latest General Election odds.

All Odds and Markets are correct as of the date of publishing