UK General Election Betting 8th June 2017
Bookmakers, as well as pretty much anyone else in the world, were taken by surprise when Prime Minister Theresa May called a snap UK general election immediately following the Easter break on the 18th of April.
On this page you will find all of the latest betting offers for the UK election as soon as they come in, including the best enhanced odds, money back and free bet promotions from top UK betting sites.
Many bookies are scared of this election following some big political shocks of late with Brexit and the election of Donald Trump, others however welcome the challenge. With so much competition in online bookmaking today you can be sure to get some top prices and deals.
Best Bookmakers for Betting on the Election
|Best for Market Depth – Bet365 have more political and special markets than any other betting site for UK elections. Combined with very good odds the highest payout limits this is an excellent place to place bets on the winner of the election. New customers can also claim a 100% bonus up to £200 on joining.||Visit|
|Best Prices – Expect some seriously good prices from BetVictor, if getting the best odds is your biggest priority then this is the best site to place your bets on the general election this year. Good payout limits and an exceptional online bookmaker for all events. You can also claim £40 in free bets when you bet just £10 as a new punter.||Visit|
|Best for Individual Seat Betting – Coral have the most comprehensive range of markets for seat betting along with more special lines than anyone else. A top bookie for rewarding regular bettors too with free bet clubs and money back specials. Get £30 in free bets for betting just £10 on sign up.||Visit|
|Best for Non Sports Markets – A great bookmaker for betting on pretty much anything, politics included. Famous for offering unique markets along with very fair terms, payouts and prices. You can also claim a matched bonus up to £50 on your first deposit, a good option if you’ve got accounts with the others.||Visit|
|Britain’s Biggest Political Bookie – William Hill have been going long enough that they have witnessed many a general election. Bookies don’t come bigger or more knowledgeable than Hills’. This is a very safe bet for wagering on the winner. Register and bet £10 and get £30 in free bets too (use code C30)||Visit|
Latest General Election Promotions
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Latest General Election Odds (Most Seats)
|Bookmaker||Conservative||Labour||Lib Dem||No Majority|
How to Bet on the Election
The election, scheduled for the 8th June 2017, presents punters with a unique betting opportunity. The lack of a long lead up and months of speculation means both the polls and the betting markets are largely unsure of what will happen. This means some sensible wagers could really pay off if you can guess the next big political move.
General Election Betting Markets
- Most Seats – This is the main betting market for the election, basically this is betting on the winner in the final result. This doesn’t necessarily mean a party will win enough seats to form a government simply more seats than any other party.
- Overall Majority or No Majority – In order to form a government a single party must win over half the seats contested. In the UK there are 650 seats. You can also bet on no overall majority.
- Total Seats – Bet on the exact number of seats to be won by a party. This market can be found as Over/Under, e.g. bet on the conservatives to win over/under 375.5 seats or in ranges, e.g party to win 250-275, 275-300 seats, etc.).
- Local Seat – Closer to the election you should be able to bet on who will win any of the 650 seats up for grabs.
- Turnout Percentage – Bet on the percentage of the voting adult population that will actually turn out and cast a vote. This can be round as a range (e.g 65.01-70%, 70.01 % or more, etc.) or as an equal odds 2-way over/under market (e.g. over/under 63.5% at odds of 5/6).
- Special Bets – The wonders of online betting now means there are a multitude of special bets you can place, especially as the election draws closer. These include betting on individual MP’s to lose their seats, betting on seats/majority in the individual nations of the UK, etc.
- Next Party Leader – Not strictly an election market but considering the likelihood of party leaders losing their jobs if they lose badly its a good one to keep an eye on.
General Election FAQ
- Why are we having another election? The Primer Minister has decided she needs a mandate from the British people to effectively implement her Brexit strategy. Calling this early election will mean, if she wins, Theresa May will not have to fight an election immediately following Brexit negotiations in 2020. The Prime Miniser also believes the Labour opposition is currently weak and an election will enhance the Tories majority in the house of parliament, allowing her to pass legislation more easily. This will also consequently distract from the SNP’s call for another Scottish independence referendum. Of course this could all backfire, but it is a calculated risk.
- How many seats are there in the 2017 UK General Election? There will be 650 seats contested in 2017. Boundary changes were due to come in reducing the number of seats to 600 but this will only apply to elections after 2020. The seat boundaries for 2017 are identical to those in 2015.
- How many seats in each country? There are 533 seats in England, 59 in Scotland, 40 in Wales and 18 in Northern Ireland.
- How many seats does each party have now? Following the 2015 election the Conservatives hold 330 seats (working majority of 12), Labour 229, Scottish National Party (SNP) 56, Liberal Democrats (Lib Dems) 9, Plaid Cymru 3, Green Party 1, Democratic Unionist Party 8, Sinn Fein 4 (do not take up seats), Social Democratic and Labour Party (SDLP) 3, Ulster Unionist Party 2 with 5 MP’s sitting as independents (including Douglass Carswell who was UKIP’s only MP before switching to independent early this year.
- How many seats are needed for a majority? You would think you would need 325 seat (half of 650) to have a majority but in reality less are required as Northern Ireland’s Sinn Fein party who do not take up their seats reduce this. Sinn Fein currently have 4 seats and will liekly also have 4 seats after the 2017 election. A Party will therefore liekly need 323 seats or more for a majority this time around.
- What is the current majority? The conservative hold 330 seats with a working majority of 12 seats. This means if every conservative voted with the government and every non-conservative (that take up a seat) against the government, then the conservatives would win by 12 votes.
- How many political parties are there? There are 428 Parties in Great Britain and 36 in Northern Ireland. In reality only a small few of these stand any chance of winning seats.
- What is first past the post? In the UK the winner of a seat is simply the first person to achieve more votes than any of the other parties contesting that seat, irrespective of the percentage of people who actually vote for them. There are no second rounds of voting or second preference votes in the UK general election. Votes can be recounted if the count is close and a candidate requests it.
- What is a coalition government? If one party wins enough seats then the Queen can ask the party leader to form a government. If one party does not achieve enough seats they can form coalitions with other parties to achieve a majority and form a coalition government (this occurred in 2010 between the Lib Dems and Conservatives). If a coalition government cannot be formed a new election will be called and the current government will remain in power until this time.
- What is turnout in an election? There are over 45 million registered voters in the UK. If all turned out to vote the percentage would be 100%. In reality a lot of people do not vote. The turnout for the 2015 election was 66.4% up 1.3% from 2010. This year the turnout may be higher still due to greater voter engagement of late due to Brexit.
- What is a poll? This is a sample of opinions from the electorate (the voters) that attempts to predict what the result will be. Although polls have always been seen as a good benchmark they have been catastrophically wrong lately, both in the EU referendum and the American presidential election. Take all polls with a pinch of salt.
- What is an exit poll? This is the final poll taken, usually by people standing outside polling stations asking people how they voted. This is the most reliable type of poll although by the time this is released voting will be closed – you can still however bet right up until the final result is announced.
- What is the popular vote? Parties that win the most total votes don’t always win elections. Due to the first past the post system a party can in theory have a higher percentage of people voting for them but achieve less seats, this is known as the popular vote. The UK general election result all depends on the number of seats won not the proportion of people who vote for a given party.
- Who will win the 2017 general election? It is highly liekly that the conservative will win the most seats again, but what kind of majority will they have? Many believe the majority will be extended, perhaps up to 100 seats or more. But who knows, polls have been wrong before.
- Will this have an effect on Brexit? Not if the Conservatives win, in fact this will strengthen the government hand requiring less support from other parties to pass any final agreement. Of course if another party wins the election, or there is no overall majority, this could indeed influence either how Brexit goes through or if it happens at all. For example, in the unlikely event of a Liberal Democrat government a fresh EU referendum could be called for the British people.
- Who could end up as Prime Minister? Any leader who’s party stands in enough seats to win an overall majority could be the next PM. In reality only Theresa May or Jeremy Corbyn could end up as PM.
- What is left wing, right wing and centre in politics? This is a historical division, the Tories traditionally sit on the right wing of the commons and the main party in opposition (currently Labour) on the left wing. This is where right and left wing phrase comes from, generally right wingers align to conservative values and left wing to Labour values. Many parties, and indeed individual MP’s, describe themselves as centre, left of center or right of centre, this means they share aspects from both right and left wing policies. The Lib Dems for example are seen as a centre party.
Previous Election Results (Since 1918)
|1918||Conservative / Liberal||238||57.20%|
|1923||Labour / Liberal||No Majority (-98)||71.10%|
|1929||Labour||No Majority (-42)||76.30%|
|1974 (Feb)||Labour||No Majority (-33)||78.80%|
|2010||Conservative / Lib Dem||78||65.10%|