General Election Odds: Labour huge favourites for majority

Labour HUGE FAVOURITES for a Majority in General Election odds, following poll latest

LABOUR ARE HUGE ODDS-ON FAVOURITES to win a Majority at the next General Election, according to Ladbrokes.

With the latest YouGov polls pointing towards a potential disaster for the Tories, the bookies have a Labour Majority priced at just 2/7, while a Labour Minority is unsurprisingly next in the betting at 3/1.

Elsewhere, 6/1 says the next General Election brings about a Labour & Lib Dems Coalition, while the Conservatives will do extremely well to win a majority (10/1) or a minority (12/1), if the latest odds are anything to go by.
As for when the next election takes place, anywhere between October – December this year seems the most likely scenario, at 2/7.

Alex Apati of Ladbrokes said: “Time is ticking for the Tories if the latest odds – and polls – are anything to go by; punters are seemingly convinced a Labour Majority is on the cards in an election which will almost definitely be called before the en dof this year.”

Ladbrokes Latest Betting

Government after next General Election

• Labour Majority – 2/7
• Labour Minority – 3/1
• Labour & Lib Dems Coalition – 6/1
• Conservatives Majority – 10/1
• Conservatives Minority – 12/1
• Labour & SNP Coalition – 20/1
• 33/1 bar

When will the next General Election take place?

• October – December 2024 – 2/5
• April – June 2024 – 4/1
• July – September 2024 – 5/1
• 2025 or later – 16/1
• January – March 2024 – 66/1