Some of the most popular events players can bet in the UK Elections are Next Prime Minister, Next Labour Leader, Overall Majority, Year of next General Election, etc. You can check the best betting sites for the general election to complete the available markets.
The next General Election in the UK is scheduled to be held on Thursday the 2nd of May 2024. However, there is a high possibility for the elections to happen earlier than the official dates and bettors can find some exciting betting odds.
There were 650 seats contested in 2017 and 2019. Boundary changes are due to come in reducing the number of seats to 600, but this will only apply to elections after 2020.
There are 533 seats in England, 59 in Scotland, 40 in Wales, and 18 in Northern Ireland. These numbers will change after the next election.
After the 2019 general election, Conservatives hold 364, Labour 202, Scottish National Party 48, Liberal Democrats 11, Plaid Cymru 3, Green Party 1, Democratic Unionist Party 8, Sinn Fein 7, Social Democratic and Labour Party 2 and Alliance Party 1, Independent 2, Speaker 1.
You would think that a party would need 325 seats (half of the 650), but in reality, less is required as Northern Ireland’s Sinn Fein party, who do not take up their seats, reduce this. Therefore, a party will likely need 321-322 seats or more for a working majority at this moment.
There are 428 parties in Great Britain and 36 in Northern Ireland. To be honest, only a small bunch of these stand any chance of winning seats in the coming elections.
If one party wins enough seats, the Queen can ask the party leader to form a government. On the other hand, if a party does not achieve enough seats, they can form coalitions with other parties to reach a majority and form a coalition government.
Parties that win the most votes don’t always win the elections. Theoretically, a party can have a higher percentage of people voting for them but achieve fewer seats. This is known as the popular vote. The general election result depends on the number of seats won, not the proportion of people who vote for a given party.
Right now, there is an overall majority. This should result in a conclusion for Brexit. Nevertheless, the process is long and could take more than an entire parliamentary term to be completed. It is highly likely Brexit, or the result of it to be a considerable factor in the next election.