UK Elections Betting

The official date for the next General Elections might not be disclosed yet, as the Brits just finished voting on July 4th, 2024, and the preliminary polls point to a landslide victory for the Labour Party. Keir Starmer was the favorite by bookies as the leader of the winning party and candidate for the top job.

Due to surmounting difficulties, the vote was scheduled months in advance, opening many options for players interested in UK Election Betting. These polls were distinguished, with records being set and the end of a 14-year era of conservative rule.

The current Prime Minister, Rishi Sunak, might lose his seat in the parliament, a first in the history of British politics. Although the voting is done, there are still open markets if you want to bet on UK general elections.

Furthermore, as the British Isles include a few countries, they have one of the most diverse wagering possibilities online. So, if you missed the current deadline, you can still bet on Scotland and Ireland’s constituencies and the commonly held referendums.

Keir Stammer was the favorite in current polls, but other names like Jeremy Corbyn, Nigel Farage, and George Galloway were also stealing the light. Most bookies were offering combination markets for Rishi Sunak and Lizz Truss, with a possible third candidate to lose their seats at low odds.

Best UK Election Betting Sites

We selected a shortlist of the top political bookmakers, where you can find the best UK election odds and special markets, along with the high number of political bets they offer.

Main UK Election Betting Markets

The most prestigious betting sites provide a wide variety of markets. From who will be the next Prime Minister to which party will win/lose the most seats, you have plenty of choices to bet on UK politics.

⏩ Most seats:  This is one of the most popular betting markets. It resembles wagering on the winner. That does not necessarily mean a party will win enough seats to form a government but to win more seats than any other.

⏩ Overall Majority / No Majority:  Punters can wager on the winning party’s majority. A single party must win over half of the seats to form a government. In the UK, there are 650 seats right now. Bettors can also stake on no overall majority.

⏩ Total Seats:  This market may be found as Over/Under. Players can bet on the exact number of seats a party will win. Bet on conservatives to win over/under 375,5 seats or ranges. Example: Party to win 250-275, 275-300 seats.

⏩ Local Seat:  Closer to the election dates, punters can bet on which party will win any of the 650 seats.

⏩ Turnout Percentage:  Bettors can wager on the percentage of the voting adult population. This can be rounded up as a range (65.01% - 70% or more) or equal odds (2-way over/under) market (over/under 63,5% at odds of 5/6).

⏩ Special Bets:  You can place many special bets, including punting on individual MPs to resign or seats/majority in the UK’s different nations. In these markets, you can find wagers on Northern Ireland politics, different referendums, and even wagers on Great Britain returning to the EU.

⏩ Next Party Leader:  Bettors can bet on who will be the next party leader. Kami Badenoch is the favourite nominee for the conservatives, with odds at 7/4 (or 2.75). On the labour’s side, bookmakers were giving Rachel Reeves the highest probability of winning with a lucrative 5/1 (or 6.00) payout.

⏩ Over/Under (2-way):  Many of the markets listed above are also available in an over/under format, and it gives players the chance to bet high/low with reasonably equivalent odds. Example: Party to win over 350,5 seats or the rival to have a voter turnout under 63,5%.

Current Betting Odds in the UK Elections

The political betting market is not steady, and pundits are describing the 14 years under the Tories as chaotic. From Brexit to Lizz Truss’ short-lived term, to the Boris Johnson COVID mismanagement, and finally, the UK election date betting scandal.

You must also remember that these bets are generally long-term unless you tuned in while the elections were happening or the result of a special bet is being decided. This means that although you might get high odds, the event you bet on could become obsolete as time passes.

On the other hand, different stakes with varying deadlines are being offered at the time of writing. If you want to bet on a UK election outcome, check out the market for the Next Leader of the Labour Party.

Behind Rachel Reeves, the bets on Wes Sterling, Andy Burham, and Lisa Nandy to win have attractive payouts at 4/1 (or 5.00). On the other hand, the Tories have a tougher fight to succeed Rishi Sunak and, therefore, lower the odds.

The underdogs for Kami Badenoch are Priti Patel and Tom Tugendhat, with 4/1 (or 5.00). Other names down the list include Nigel Farage and Boris Johnson, with payouts that make them plausible candidates and reaching 10/1 (or 11.00).

Let’s see the top favourite nominees:

Leader	Party	AVG Odds
Kami Badenoch	Conservative Party	2.75
Priti Patel	Conservative Party	5.00
Tom Tugendhat	Conservative Party	5.00
Rachel Reeves	Labour Party	6.00
Jeremy Hunt	Conservative Party	7.50
Robert Jenrick	Conservative Party	7.50
Wes Streeting	Labour Party	8.00
Andy Burnham	Labour Party	9.00
Lisa Nandy	Labour Party	9.00

Labour with the Majority Lead

Conservative Party, also known as the Tories, fell from the sky and was deemed extraordinary during that peak period. Today, we find bets for their rivals to win 500 seats or more priced at a modest 16/1 (or 17.00).

Considering how nasty the news cycle has been, in the final days before the results, these Live UK election odds are quite peculiar and reflect the state of the current parties. Here are some special bets that are well-priced:

Market	Party	AVG Party Odds
Farage, Corbyn, and Galloway to win Seats	Different	1.67
Sunnak, Mordaunt, and Hunt to win Seats	Different	2.50
7 Seats or More	Reform	13.00
Rishi Sunak - Prime Minister	Conservatives	51.00
Tottenham General Election	Reform	151.00

*The odds above are based on the July 2024 polls. 

Political Betting Alternatives Worldwide

If we are a long way till the next UK election, but you still want to place a fun bet on politics, it is best to find countries whose electoral process is near. Below, you can find a list of the top alternatives worldwide:

✔️ French Election Betting Odds

✔️ German Election Betting Odds

✔️ US Elections Betting Odds

✔️ Next UK Conservative Leader Odds

✔️ Australian Election Betting Odds

Where to Find the Best UK Election Betting Odds