Betting tips for UK general election 2015

Online bookmakers offer betting odds for general election 2015.

As the next general election is approaching in May debate around this topic is tense. In the UK general elections are held in one day across England, Scotland, Northern Ireland and Wales, and altogether are made up of 650 elections, as that is the number of constituencies.

General election gives a chance to people from UK to select their Member of Parliament (MP). There are often several candidates in one constituency - local area - people can vote only for one of the candidates. The candidate with the most votes is elected and becomes a deputy for 5 years. There is no need to get more than half of the votes for the candidate to win elections and in case of a tie in number of votes MP is selected by a simple method such as selection by chance as tossing a coin or drawing a name from a hat.

There has been a lot of discussion going on around the topic recently. Not only voters are counting the days to election but bookmakers as well. What is more according known Director of the Betting Research Unit who acts as a consultant to the betting, gaming and related industries internationally - Dr. Leighton Vaughan Williams - when pools and betting odds statistics differ one should trust more the bookmakers than the pollsters. People tend to bet more and more on the general elections, because, as for ones it may be only a topic which they are interested in, for others it may also be a good way to earn some money. Williams argues that this year at least 40 million pound will be bet on general election. Let’s therefore take a look on what is going to happen according to the bookmakers.

As during each election, the biggest chances of receiving most seat in the general election have two parties - Conservative Party and Labour Party. As you can see in the table below according to the bookmakers, the Conservative Party will win. Bookmakers odds for it oscillate between ⅖ (1,40) and 8/15 (1,53). Second in the run and very close to the leader is Labour Party for which bookmaker are paying from 7/5 (2,40) to 17/10 (2,70). Other major parties in the run include: UKIP, Green Party and Liberal Democratic Party. Whole comparison of odds from three known bookmakers Unibet and William Hill is available in the table below.

As for general election results, there is always a question of overall majority therefore is any party will receive a number of votes which is larger than the total amount of votes received by all of the other political parties taken together. In the upcoming election, according to the bookmakers, there will be no overall majority, the odds for it oscillate around ⅕ (1,20). If you are interested what are the predictions of general majority for parties according to Coral, Unibet and William Hill take a look at the table below.

Also, when it comes to candidates for the Prime Minister bookmakers odds are compatible. According to them the biggest chances to win has David Cameron from Conservative party, the odds for him are around 4/7 (1,57). Right behind him is Ed Miliband from Labour Party the odds for him oscillate form ⅘ (1,80) to 13/10 (2,30). Other major candidates running for Prime Minister position include Boris Johnson from Conservative Party, Theresa May from Conservative Party, Ed Balls from Labour Party and Nigel Farage from UKIP party. List of the most important candidates together with the odds offered on them by Paddy Power, Unibet and William Hill are to be found in the table before.

As the big day approaches we will keep you updated with bookmakers predictions. In the meantime feel free to share yours with us.