UK General Election Latest Betting Odds PT 1
- By A.J. Ryder on May 6, 2015 21:37 GMT
We are now less than 24 hours from the results of the 2015 UK General Election and there is plenty of speculation in one of the most wide-open campaigns in quite some time. It genuinely varies which newspaper you are reading to depend on the type of numbers you can really expect from the polling numbers once the election itself is truly underway.
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There is a lot of money coming in on the exchanges for this election and that’s likely where you’re going to be able to get the better and more accurate prices if you plan on putting some serious volume on this one.
You’ll find the Labour Minority continues to trade as the outright favourite result in the coveted “Next Government” market on Betfair. You’ll find David Miliband taking a minority at a 2.9 price tag at the time of this writing with backers asking a mere 2.92. Expect some serious volume on this market as the results begin to trickle in as we are nearly at a million matched in American dollars.
A Conservative/Lib-Dem Coalition government is considered to be the next shortest-priced option with a 4.2 margin available to be backed right now with backers asking for just a notch more with a 4.3. A Conservative minority can be backed at 7.6 with backers saying 8.2 is more reasonable.
With the Lib-Dems looking like they could wind up playing kingmaker here once again, you’ll find a Labour/Lib-Dem Coalition trading at a 9.6 price tag while a Conservative majority would reward at a hefty 14.0. A Conservative-UKIP Coalition is a rather unfathomable 50.0 while a Labour majority is 100.0.
Any other type of government would reward at a 9.6 price tag.