2010 GENERAL ELECTION LATEST ODDS CONFIRM HUNG PARLIAMENT

The exit polls are in, but the betting markets are still rolling along as there have been a number of very sharp adjustments with virtually all major bookmakers.

Paddy Power has shortened the odds on a hung parliament significantly to 2/9 with a Conservative majority now trading at an 11/4 margin. They were nearly even money less than an hour ago, so now it’s looking very interesting. You sort of get the feeling looking at the results as they come in, that this thing is far from over.
The Conservatives are trading at 1/18 to get the most votes with Labour at 7/1 and the Lib Dems at 250/1. David Cameron’s party are at 1/16 for outright winner while Labour trade at 6/1. Liberal Democrats are available at 200/1.
The BBC is now confirming that David Cameron is confident that he will form a government.
William Hill still have one of the best prices out there on a hung parliament- it now trades at 8/15 while a party to form a majority trades at 11/8.
On the open market at Betfair, the live betting continues to unfold with Cameron forming a minority government continues to shorten dramatically at a 1.61 price tag- trending downwards. A Conservative majority trades at 2.96.
No Overall majority at Betfair is now trading at 1.56 while a Conservative Majority is priced at 2.82 in that market. The odds are fluctuating all the time, so get in there and lock in your vote right away if you still want to make some cash from this massive election.
The words “A cliffhanger of a result” is probably the right way to phrase this and many people appear surprised at the outright result. Lib Dems don’t look like they got as many votes as they expected, and it also appears as though the Conservatives were confident of a better performance.
Look for a deal between Labour and the Lib Dems to unfold over the next few hours.