UK General Election Betting – Politics Odds May 7

Scots may hold the key to Number 10


There are only 4 million people in Scotland eligible to vote as compared to 59 million in the rest of the UK. But the Scots have Prime Minister David Cameron running scared ahead of Thursday’s General Election as that small minority threatens to oust him from Number 10.

During the Scottish Referundum campaign, Cameron was imploring the Scottish people to stay within the UK. He got his wish with that vote but maybe he now wishes he’d encouraged them to cut ties with the British Parliament because the SNP has enjoyed a huge surge in support over the last few months and may well be in a position to decide who takes up residence in Downing Street come Friday morning.

The Conservatives are still hot favourites to win most seats in the General Election at 2/9 on betfair. But those odds look short if what the opinion polls are telling us is true. There has been nothing between the Tories and Labour (a general 4/1) and Cameron is now Evens to still be Prime Minister at this time next week – Ed Miliband is the same odds with betfair and Coral.

Miliband tells us that he has no intention of making a coalition with any other party (a pact with the SNP has been demonised by Tory central office and has been a constant theme throughout the election campaign). But a coalition is almost certainly the only way that Miliband will get into Number 10 this time around.

There is a possibility that the Lib-Dems will try and work out some sort of deal with Labour to hang on to some sort of power share themselves. A Lib-Dem/Labour coalition is a general 8/1 but bookmakers still favour another Lib-Dem/Conservative coalition at 3/1 with Stan James, Ladbrokes and William Hill, though that is dependent on the Lib-Dem vote holding up. All the evidence so far suggests that is unlikely and there is even a chance that leader Nick Clegg will lose his Sheffield seat. UKIP leader Nigel Farage also faces a tough fight to get into Parliament and William Hill are offering 7/1 that both Clegg and Farage lose out.

Coral offer 5/4 that the next government will involve the Liberal Democrats, however, with a Labour minority government at a general 2/1. A Conservative minority government is 28/5 on betdaq while betfair will refund all losing bets on the next government if the SNP are involved in a power share. Any coalition involving the SNP is 9/1 with Skybet and William Hill.