General Election Odds: Labour huge favourites for majority
Published:
Labour HUGE FAVOURITES for a Majority in General Election odds, following poll latest
LABOUR ARE HUGE ODDS-ON FAVOURITES to win a Majority at the next General Election, according to Ladbrokes.
With the latest YouGov polls pointing towards a potential disaster for the Tories, the bookies have a Labour Majority priced at just 2/7, while a Labour Minority is unsurprisingly next in the betting at 3/1.
Elsewhere, 6/1 says the next General Election brings about a Labour & Lib Dems Coalition, while the Conservatives will do extremely well to win a majority (10/1) or a minority (12/1), if the latest odds are anything to go by.
As for when the next election takes place, anywhere between October – December this year seems the most likely scenario, at 2/7.
Alex Apati of Ladbrokes said: “Time is ticking for the Tories if the latest odds – and polls – are anything to go by; punters are seemingly convinced a Labour Majority is on the cards in an election which will almost definitely be called before the en dof this year.”
Ladbrokes Latest Betting
- Labour Majority – 2/7
- Labour Minority – 3/1
- Labour & Lib Dems Coalition – 6/1
- Conservatives Majority – 10/1
- Conservatives Minority – 12/1
- Labour & SNP Coalition – 20/1
- 33/1 bar
- October – December 2024 – 2/5
- April – June 2024 – 4/1
- July – September 2024 – 5/1
- 2025 or later – 16/1
- January – March 2024 – 66/1
