UK General Election odds: Labour 1/14 for overall majority
Published:
The era of a Conservative government in the United Kingdom may be over, with Labour 1/10 in the latest UK General Election odds to secure an overall majority.
Rishi Sunak announced that a General Election will take place on July 4, with the general feeling amongst political pundits and the wider population that the Conservatives will fail to maintain their majority, and may be ousted from power.
With the election now just next month, Ladbrokes takes you through the latest UK General Election odds.
Latest UK General Election odds
Most seats - UK General Election odds
Labour are the favourites to win the most seats, at 1/50, having been 1/20 less than 24 hours after the election was called. The Conservatives are quite a way behind at 16/1.
Reform UK are the third-favourites at 40/1, while the Liberal Democrats are at 200/1, with the Greens sit at 500/1 as a serious long shot.
Overall majority - UK General Election odds
In the overall majority betting, a Labour majority is the current front-runner at 1/14, with no majority (10/1) actually ahead of a Conservative majority (33/1) in the latest odds, a real inditement of the public feeling towards the Tories heading into this election.
For those interested, a Reform UK majority is priced by Ladbrokes at 66/1 at the time of writing.
Government after the next General Election - UK General Election odds
As for the odds for the Government at the conclusion of the next General Election, which is settled based on the first full Cabinet being formed, a Labour majority is the favourite at 1/12.
A Labour minority (10/1) and a Labour and Liberal Democrat coalition (16/1) is seen as more likely by the bookies than a Conservative majority (33/1), which in turn has been priced further than a Conservative minority (25/1) and shorter than a Labour and Scottish National Party coalition (66/1)
Special bets - UK General Election odds
Despite many feeling as if Rishi Sunak will be ousted as Conservative Party leader before the end of 2024, the current Prime Minister is still 1/14 to win a seat at the next General Election.
Former Labour Party leader Jeremy Corbyn is at 4/6, whilst George Galloway and Lee Anderson sit at 5/2 and 4/1 respectively.
It's not only election year in the UK but the US too, and despite his recent guilty verdict, Donald Trump is still the favourite with the bookies to become President of the US once again.
View the latest politics odds.
All odds and markets are correct as of the date of publication.
