Latest UK General Election Odds: Next Prime Minister & Key Betting Markets

Last updated: by Leon Marshal

As the UK election date draws closer, general election betting odds are now readily available to punters. Although the odds for the next Prime Minister are less favourable, our predictions and analysis of other markets can help you find potential value bets at our recommended political betting sites.

Leon Marshall Written by Leon Marshall Chief Editor at bestbettingsites.co.uk
Last updated:
The Top 5 General Election Betting Sites
PositionBetting SiteRatingBonusInfoWebsiteT&C’s
15/5100% Up to £50 Deposit MatchTop odds levels for political eventsVISIT SITE!Full T&Cs Apply! New bettors; Code SPORT; Wager deposit & bonus 8x; Max qualifying bet stake=initial bonus; Valid 60 days; Min odds, bet and payment method exclusions apply; T&C apply; 18+
24.9/5Get £50 in Free BetsWide range of special bets availableVISIT SITE!Full T&Cs apply. New customers only. Register with BETFRED50. Deposit £10+ via Debit Card and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. T&Cs apply.
34.8/5Up to £30 in Free BetsCompetitive odds on political specialsVISIT SITE!Full T&Cs Apply! 18+ New customers only. Opt in, bet £10 at odds 2.00+ within 7 days, no cashout. Get 6x £5 Free Bets, set events at odds 2.00+. 7 day bonus expiry. Debit Card / Apple Pay payments only. Click for T&Cs. Please Gamble Responsibly.
44.7/5Weekly Acca £10 Free BetGreat weekly acca optionsVISIT SITE!Full T&Cs Apply! 18+, UK only. Min odds and selections apply per offer. Cashed out bets and bets on non-runners do not qualify. Free bets are credited at bet settlement and will expire 7 days after being credited. Full terms apply per offer. 
54.6/5Up to £15 in Free BetsCompetitive political betting offersVISIT SITE!Full T&Cs Apply! New customers only. Max one £10 free bet. Qualifying bets must be placed at odds of 1/1 or greater. Paid as bonus token with min 4/5 odds req. Skrill, Neteller, & PayPal not eligible.

UK General Election Betting Odds

General election betting represent the likelihood of various outcomes, including which party will win the most seats. Currently, the best betting sites are only offering a few markets. These odds fluctuate based on political events, polls, and public sentiment. Although at this point it seems a foregone conclusion.

Overall Majority Odds

An overall majority occurs when one party wins more than half of the seats. There are currently no odds for this market on offer, we will update closer to the next election. Historically, achieving an overall majority has been crucial for political stability and effective governance.

Overall Majority Odds
PartyOddsRecommended Betting SiteSecure Link
Conservative Majority-*10betVisit Site
Labour Majority-*BetfredVisit Site
No Overall Majority-*BetVictorVisit Site
Reform UK Majority-*The PoolsVisit Site
Liberal Democrat Majority-*BetTargetVisit Site
Green Party Majority-*BetfredVisit Site
* Prices are subject to change. Please check for any changes on the recommended betting site.

Next Government After Election Odds

The next government’s betting markets are still to be published.

Government after the Next General Election Betting Odds
PartyOddsRecommended Betting SiteSecure Link
Labour Majority-*10betVisit Site
Labour-Lib Dem Coalition-*BetfredVisit Site
Labour Minority-*BetVictorVisit Site
Conservative Minority-*The PoolsVisit Site
Conservative Majority-*BetTargetVisit Site
Labour-Lib Dem-Green Coalition-*BetfredVisit Site
* Prices are subject to change. Please check for any changes on the recommended betting site.

Most Seats Odds

As of writing, the Conservatives are currently the frontrunner to win the most seats.

General Election Most Seats Betting Odds
PartyOddsRecommended Betting SiteSecure Link
Conservatives6/5*10betVisit Site
Labour13/10*BetfredVisit Site
Reform UK4/1*BetVictorVisit Site
Liberal Democrats50/1*The PoolsVisit Site
Green Party500/1*BetTargetVisit Site
Any Other Party500/1*BetfredVisit Site
* Prices are subject to change. Please check for any changes on the recommended betting site.

Next Prime Minister (After Starmer) Betting Odds

Betting on the next Prime Minister is a decent market at the moment, with plenty of uncertainty.

Next Prime Minister Odds
CandidateOddsRecommended Betting SiteSecure Link
Kemi Badenoch2/1*10betVisit Site
Nigel Farage4/1*BetfredVisit Site
Rachel Reeves10/1*BetVictorVisit Site
Andy Burnham12/1*The PoolsVisit Site
Boris Johnson14/1*BetTargetVisit Site
Angela Rayner14/1*BetfredVisit Site
Wes Streeting16/1*The PoolsVisit Site
* Prices are subject to change. Please check for any changes on the recommended betting site.

Other Popular UK Election Betting Markets

Beyond the main outcomes, there are several niche markets, such as individual constituency results, voter turnout, and specific party leaders’ fates. These markets offer diverse betting opportunities and potentially better value than the foregone conclusion of the overall result.

Next Conservative Leader Odds

The next Conservative leader is a significant betting market. Robert Jenrick at 11/2 and Mike Wood at 10/1 are top contenders, with odds reflecting internal party dynamics and recent performances.

Next Labour Leader Odds

Betting on the next Labour leader, though less active currently, still garners interest. To be honest, it is still too early to discuss potential successors to Keir Starmer, even so Rachel Reeves and Wes Streeting both priced at 5/1 are favourites at this time.

Voter Turnout Percentage

Voter turnout predictions are crucial for understanding election dynamics. Historical trends, current public engagement, and key issues will be analysed to predict turnout rates and their impact on the election results. It usually and over/under bet. Currently the under is 64.49% (4/11), the over is 64.50% (2/1). Bookies clearly see fewer people at the polls.

Party Total Seats

Odds on the total number of seats each party will win provide a detailed view of expected election outcomes. This is an interesting bet, as it is difficult to predict exactly the outcome.

Individual Constituency Betting

Betting on individual constituencies offers a granular view of the election. Key battlegrounds will be offered by the bookies, especially if big names are contesting. Could Rishi Sunak lose Richmond (Yorks)? It is historically the safest Conservative seat, but it would be hilarious if he did!


Current UK Election News

Stay updated with the latest election news and developments. This section will cover recent events, their impact on betting odds, and provide a comprehensive analysis of the political landscape.

Key Dates

Important dates leading up to the election, such as debate schedules and candidate announcements, are crucial for staying informed. This timeline will help bettors and political enthusiasts keep track of significant events.

  • Election Date – N/A
  • Deadline for Nomination – N/A
  • Deadline to Register to Vote – N/A
  • Manifesto Releases – Major parties release their manifestos outlining their policies. These are typically published a few weeks before the election
  • Debate Schedules: – These debates usually occur in the weeks leading up to the election

*We will update this list when the full schedule of debates etc, has been released.

Projections

Based on the latest data from Electoral Calculus, Labour is expected to secure a majority with a predicted 345 seats. The Conservatives are forecasted to win 170, indicating a small gain, with Reform gain more and more ground . These projections use opinion polls and advanced modelling to estimate outcomes.

Current Predictions:

  • Labour Majority: 36% probability
  • Labour Minority: 45% probability
  • Largest Party: Labour with a 83% probability

The model accounts for alliances, historical voting patterns, and recent poll data, providing a comprehensive view of potential election results. These projections are critical for bettors looking to gauge the most likely outcomes.


FAQ

Who will win the next general election?

Labour is currently favoured to win albeit with a reduced majority from 2024.

When is the next UK general election?

It is still not known, the latest it can take place is 2029.

Who will be the next prime minister?

Currently, the favourite to be Prime Minister after Starmer is Kemi Badenoch.