Tories given a ‘2% chance’ of winning most seats – London Business News | London Wallet

Ahead of the Conservative Manifesto being released on Tuesday, the latest bookmaker odds are giving the party little to no chance of winning the most seats at the upcoming election.

At odds of 40/1, UK bookmakers imply a 2.3% probability of the Conservatives winning the Most Seats on July 4^th.

Labour, on the other hand, is currently priced at 1/66 in that same market, translating to a 96.4% implied probability.

Using our latest Local Constituency Odds data, we predict the Conservatives to win 120 seats in the election, compared to Labour’s 435.

Oddschecker’s Leon Blackman said, “Ahead of the Conservative Manifesto being released on Tuesday, the latest general election odds paint a grim picture for the Conservatives.

At odds of 40/1 on Oddschecker, the Conservatives are being given a mere 2.3% probability of winning the most seats on July 4^th. Labour, on the other hand, holds a commanding 96.4% probability. According to our Local Constituency odds data, Labour is currently projected to win 435 seats to the Conservatives 120.”