Were a general election to be held right now, the Conservative Party would most likely win the majority of seats according to recent data released by the bookies. As things stand, the Tories have a predicted 2/5 chance of winning most seats according to BetVictor Bookmakers, thus implying a 71.43% chance. On the opposite side of the Commons, Labour’s chances of winning most seats has drifted to 3/1 with the same bookmaker, equating to a 25% implied probability chance.
It certainly hasn’t been plain sailing for there Conservative party in recent months and the Tories trailed Labour in this market as recently as 2nd May, however they are certainly the bookies’ choice right now and with hints that a general election may come sooner rather than later, the likelihood of the Conservatives being in government for the foreseeable future remains very high indeed.
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A notable mover in the market has been the Brexit Party whose odds were slashed from around 20/1 to as low as 6/1 last week, however they have since witnessed their odds on winning most seats lengthen to 16/1.
The Liberal Democrats were as high as 250/1 to win a general election on 2nd January 2019 although their odds have subsequently been slashed substantially and there are now just 16/1 to win most seats in the event of an election being held.
General Election Most Seats – BetVictor Odds
2/5 – Conservative
3/1 – Labour
16/1 – Liberal Democrats
16/1 – Brexit Party