General Election Betting in the UK is quite a complicated business these days, so if you are not a dedicated follower of politics, or political betting in general, I am going to attempt to explain the main markets involved if you are looking to place a bet on the UK general election.
General Election Betting Offers
- 20/1 on the Conservatives to win most seats in general election – New Coral Customers – Enhanced Winnings In Free Bets + T&C’s Apply – Offer Ends 12noon, Thursday
- 4/1 Theresa May to remain as UK PM after the Election – New Betfair Customers – Enhanced Winnings In Free Bets + T&C’s Apply – Offer Ends 10pm, Thursday
- Bet £10 Get £30 on the General Election 2017 – New William Hill Customers Only
First up, we have a selection of bookmakers who have plenty of markets available to bet on in the general election. All of these bookmakers have nice sign up bonuses and free bets, and if you wish too, you can open accounts using the links below………
- Coral – £20.00 in Free Bets
- Paddy Power – £20.00 in Free Bets
- William Hill – £25.00 Free Bet
- Ladbrokes – £25 Free Bet
- Betfair – £30.00 Free Bet
- Betfred – £30.00 Free Bet
To win a UK general election outright and form your own government, a party would need to win 326 seats out of the 650 available, that way the party with 326 seats would always win any votes in the Houses Of Parliament, and therefore would get their legislation passed without relying on help from other parties. This is apparently known as democracy.
So if a party wins – lets say 300 seats – it would be the biggest party, but wouldn’t have an overall majority, and therefore would struggle to form a government. This is basically what happened in 2010, when the Conservatives won the most seats, but not enough to form an overall majority government.
Popular General Election Betting Markets
- To Win Most Seats
- Prime Minister After General Election
- To Win An Overall Majority
To Win Most Seats Betting – This is simply a bet on which party you think will win the most seats.
Prime Minister After General Election Betting – Again, this is pretty self explanatory, it is simply a bet on who will be the Prime Minister after the general election. There is a possibility that it might not be the leader of the party that wins the most seats though, as a coalition could be formed that holds more combined seats, and in this case, the coalition would appoint their own leader who would be Prime Minister.
To Win An Overall Majority Betting – This is a bet on a party to win 326 seats or more. If any party does this, they would have an overall majority and could not be outnumbered by any coalition, and that party would then have control of Parliament.
About General Election Betting
UK General Elections are generally held every four to five years, depending on when the sitting government wanted to call one. After the 2010 General Election, the Conservative and Liberal Democrats coalition government passed the The Fixed-term Parliaments Act 2011, which means that general elections have to take place every five years on the first Thursday in May. This act was abolished in 2017 when sitting Prime Minister, Theresa May called a snap general election to be held on June 8th.
Who Is Favourite To Win The General Election?
At the moment the Conservatives are favourites to win the general election with a landslide. This would see them have a huge overall majority and in betting terms would see the Tories as the winner of the Overall Majority bet, the Most Seats bet, and Theresa May as the winner of the Next Prime Minister bet.