After 6 long, and sometimes painful to watch, weeks of campaigning, the UK snap general election 2017 is finally here. There’s been plenty of polling days in Britain within the last 30 months, as this is the second prime ministerial election to be held with the little matter of the EU referendum sandwiched in between. While it’s true that many weren’t exactly ecstatic at being told to head down to their local polling station again, Betfair’s politics market recorded a huge wave of interest after Theresa May’s decision.
It looked as though the election was over as soon as PM May made the call, with UK bookies making the Conservative Party overwhelming favourites to scoop the overall majority and then some. However, just 2 weeks ago, Gambling Metropolis brought to your attention how Jeremy Corbyn’s Labour Party had seemingly fought back amicably, cutting the Tories’ lead by a considerable amount.
While we just have 24-hours or so to wait and see whether it’s yet another blunder by exit polling companies, we thought we’d share the last predictions by the bookies themselves. They infamously got both Brexit and Trump wrong though, with Paddy Power – Betfair’s Irish arm paying out early on the latter, so could we be in for yet another political bombshell? Let’s take a look.
The Final 2017 UK General Election Betting Odds!
While we’ve been focussing on UK bookmakers when gathering our general election odds in previous articles, it should be noted that political betting has perked up interests in other areas too. Some of the best online casinos across the globe have also begun tapping into the market – but this could well play into the hands of punters who know more than a thing or two.
Betser, one of the most recent additions to the Gambling Metropolis library, prices a Conservative majority at 4/25 – so it looks as though Jezza’s headway has done little to change the odds in his favour. However, Corbyn to become the next UK Prime Minster, either by an overall majority of coalition, is given at 16/5. Whatever side you’re on, you have to tip your hat to the Islington North MP for his progress.
Whether this recent surge would be enough to keep the Labour leader in his position is up for debate, as many believe this to be his final chance after already staving off a multitude of criticism and a challenge to his leadership before. LeoVegas have compiled the next permanent Labour Party leader market, and Yvette Cooper leads the way at 5/2.
Unibet are up next with their thoughts on a hung parliament. This, of course, occurred in the 2010 UK general election, with the Conservatives and Liberal Democrats forming an alliance to take over from Labour. The likelihood of a similar pact being made this time is 9/2 in Unibet’s mind, with the much shorter odds of 1/9 given for no hung parliament.
Finally, we’ll wrap up with a market that’s less likely to get tempers flaring – voter turnout. Although 46.4 million UK residents were eligible to vote in 2015, only 66.4% of those did. That eligible number has increased by around 500,000 this time, but Betsafe believe a percentage between 60-64.99% is the most likely at 3/2. The best odds are 100/1 for 80%+, but this would be spectacular all things considered.
Putting the Fun Back into Election Day
Despite voting day in the UK being a serious topic of conversation, there are those looking to make light of it. The 2015 election saw the #dogsatpollingstations hashtag got viral on Twitter, and it seems to have been resurrected again with its own emoji to match. Here are some of the best entries so far.
— innocent drinks (@innocent) June 8, 2017
— Jennifer Ross (@jenniferhross) June 8, 2017
— Lex Croucher (@lexcanroar) June 8, 2017
May or Jezza? Have a Few Spins on the House to Ease the Tension
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