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27 Apr 2015
UK election betting odds: Labour lead rising but uncertainty remain – TDS
FXStreet (Barcelona) - The TD Securities Team provides a concise summary of UK betting markets in order to track any insights into potential outcomes.
Key Quotes
“The last week has seen a significant break in the odds in favour of Ed Miliband being the next Prime Minister, as wide as 59% as of 24 April, though the constituency-level odds suggest more underlying support for the Conservatives than polling suggests so far.”
“However, Nick Clegg insists that the LibDems would negotiate with the largest party first, which odds continue to suggest will be the Conservatives, while Miliband says he will not make any deal with the SNP, which odds say is the only means of a Labour government, especially with at least 30% odds of SNP winning more than 50 seats based on betting markets.”
“But party leadership has arisen as a further source of uncertainty. Weekend press suggests dissent within Conservative leaders to promote Boris Johnson sooner rather than later, while polling has raised questions over Clegg’s ability to win his LibDem seat and open scope for the party’s negotiating position to change, though betting odds so far suggest he will succeed.”
Key Quotes
“The last week has seen a significant break in the odds in favour of Ed Miliband being the next Prime Minister, as wide as 59% as of 24 April, though the constituency-level odds suggest more underlying support for the Conservatives than polling suggests so far.”
“However, Nick Clegg insists that the LibDems would negotiate with the largest party first, which odds continue to suggest will be the Conservatives, while Miliband says he will not make any deal with the SNP, which odds say is the only means of a Labour government, especially with at least 30% odds of SNP winning more than 50 seats based on betting markets.”
“But party leadership has arisen as a further source of uncertainty. Weekend press suggests dissent within Conservative leaders to promote Boris Johnson sooner rather than later, while polling has raised questions over Clegg’s ability to win his LibDem seat and open scope for the party’s negotiating position to change, though betting odds so far suggest he will succeed.”