Nigel Farage is tipped to win the Clacton by-election, according to Ladbrokes' latest odds
The Reform Party leader stepped down from his position as Clacton's MP after ongoing controversy surrounding his financial support
Count Binface is viewed as Reform's biggest competition, but this by-election is expected to be an easy win for Farage
Although Nigel Farage has taken the shock decision to step down as an MP, Ladbrokes' latest Clacton by-election odds have him as likely to regain his seat.
Following Farage's shock decision to resign as MP for Clacton and trigger a by-election which he intends to contest, Ladbrokes has witnessed a flood of bets on both his future as Reform UK leader and the outcome of the forthcoming Clacton vote.
Ladbrokes has installed Reform as overwhelming favourites to retain Clacton should a by-election take place.
To put things into context, Reform's assumed probability of winning the by-election is just shy of 89%, compared with 5% and 0.5% for Binface and Laurence Fox respectively.
A lot of that is down to the fact that the Conservatives, Labour and Greens are refusing to stand in this election, leaving Farage as the only non-independent candidate.
Nicola McGeady of Ladbrokes said:
Nigel Farage's resignation has sent shockwaves through Westminster, but the betting suggests punters expect him to come through this political storm. Reform remain overwhelming favourites to hold Clacton, while the latest odds indicate Farage is still expected to be leading the party beyond this by-election.
Why is there a by-election in Clacton?
A by-election has been triggered in Clacton after Nigel Farage stood down as MP in the wake of an investigation into his financial aid.
Will Nigel Farage be replaced?
There's a chance Nigel Farage loses the Clacton by-election and is replaced, but the odds suggest he's very likely to win and regain his seat as an MP.
Can you bet on the Clacton by-election?
Ladbrokes is giving customers the ability to bet on the result of the Clacton by-election, with Reform tipped for victory.
