UK General Election Latest Betting Odds PT 2
- By A.J. Ryder on May 6, 2015 21:38 GMT
The odds of any overall majority look fairly slim and you’ll find the No Overall Majority option trading at a 1.06 price tag while a Conservative majority sits at 17.0.
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The Conservative party also look destined to win the most outright seats in the election with a 1.24 margin being bandied about right now and many polls putting them about 30 seats ahead of Labour, who can be backed at a 5.0 price.
For the Conservatives to win by between 1-20 seats, you’re looking at a 2.36 price tag while a range between 21-40 sits at 3.45. The Conservatives to really make a run and win by 41 or more seats would pay out at a hefty price of 2.0.
In an ominous sign for Conservatives, one of the markets with the biggest volume is who will be the next Prime Minister and you’ll find the layers putting Ed Miliband just a slight amount ahead of David Cameron. Punters will find Miliband at an even money price tag of 2.0 while Cameron sits at 2.02 right behind him.
The prices in this market are varying wildly with many punters appreciating the straight-up horse race nature of this market. The chances of a second General Election happening this year are slim but not out of the question with odds of 1.34 being listed in a market that has actually seen a few thousand dollars worth of volume. Should a second election happen, punters will find a 3.34 payout.
There is also a very interesting market available on the turn-out of total voters and you’ll find that the layers are taking action on the 65.01 to 70.0 percent market right now and it’s trading at just around 1.95 at the time of this writing. Between 70.01-75.00 can be backed at 3.4 while 75.01 or over would reward at around 8.0.
Nick Clegg is sitting at 1.14 to win a seat while Caroline Lucas can be backed at 1.25 and Nigel Farage can be backed at 1.58 to win a seat for the controversial UKIP party in the 2015 Election.
