General election 2017: Latest odds tracker and updates as Conservatives take on Labour
LABOUR is narrowing the gap with the Conservatives in the polls but the Tories remain the firm favourite to win. What are the latest odds and how many seats could the Tories get?
Theresa May: Labour manifesto is a ‘FANTASY wish list’
All of the major parties are returning to the campaign trail after suspending all activities in the wake of the tragic Manchester bombing which claimed 22 lives.
The Conservatives are still leading in the polls and have the best odds of winning the general election with Betfair odds of 1/10 or a 90 per cent chance of winning.
Struggling behind them is Labour with odds of 22 which Gives Jeremy Corbyn’s party just a 4.5 per cent chance of winning.
Oddschecker spokesman Sam Eaton said: “Support appears to be growing for Corbyn’s party, but it’s evident that there still needs to be a dramatic change of opinion in the majority of constituencies if his party is to have a realistic chance of winning.
“The Labour party are second favourite for plenty of different areas where the Torries are favourite, but even if they manage to overturn the odds in all of these regions it would still not be enough.”
At the launch of the Conservative Manifesto last week, Theresa May seemed confident that she was on course for victory and said: "We need to look forward and not back.”
Even despite the Conservative slip-up on the “dementia tax” u-turn, Mrs May's party is still the strong favourite to win.
We need to look forward and not back
One punter in particular felt the adrenaline rush of the election campaign last week and placed £350,000 on the Conservatives winning the most seats.
Mr Eaton said: “The ballsy punter obviously believes the election will be an easy win for May’s party, despite the person coming from a largely Labour dominated area.
“As bookies will only accept a certain outlay, the bets have been spread via different bookmakers, using Oddschecker to find the odds of all the top bookies.
General election odds: The Conservatives are holding a strong position over Labour
These are the latest Betfair odds on the general election as of 1pm:
UK Next General Election – Overall Majority
Conservative Majority – 1/10
Conservative Minority – 11
Labour Majority – 22
Conservative/Lib Dem – 50
UK Next General Election – Most Seats
Conservative – 1/16
Labour – 9
Lib Dems – 500
UKIP – 1000
SNP – 1000
The Conservatives are currently holding the best odds and the biggest share of the betting market
Next Prime Minister
Theresa May – 1/12
Jeremy Corbyn – 7
Boris Johnson – NA
Keir Starmer – NA
Yvette Cooper – NA
Tim Farron – 300
David Miliband – NA
Bookmakers predictions for most seats:
Conservative – 398 seats
Labour – 171 seats
Scottish National Party – 48 seats
Liberal Democrats – 10 seats
Democratic Unionist Party – 8 seats
Sinn Fien – 6 seats
Plaid Cymru – 4 seats
Social Democratic & Labour Party – 2 seats
Alliance – 1 seat
Green – 1 seat
Independent (Lady Hermon) – 1 seat
SDLP – 2 seats
Theresa May is predicted to win the 2017 general election
Who is ahead in the polls?
Figures gathered by ICM between May 19 and May 21 suggest the Conservatives are still at the top of the poll charts.
According to the figures Labour are continuing to close the gap but are still 14 points behind the Tories.
But Mr Corbyn’s 33 per cent in the polls is the highest the party has had since the June 2016.
Latest ICM poll figures:
Conservatives – 47 per cent
Labour – 33 per cent
Lib Dems – 9 per cent
Ukip – 4 per cent
Others – 7 per cent