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If there is an early general election punters have no clear view on the winner

April 11th, 2019

Betdata.io chart of movement on the Betfair exchange

On Betfair CON and LAB level pegging

For those looking to the betting markets to give a pointer to how a new General Election will go then I’m sorry but the current position is that Labour and the Conservatives are rated at exactly the same level to win most seats.

If this is correct, then the deadlock will continue and the political stalemate that has been British politics for many years appears to be ongoing.

The impact of the great brexit saga has been to erode the party system as we’ve seen with the defections and the gradual shrinking both main parties. We can only hope that this is all going to look a bit clearer after the local elections on May 2nd and the Euro elections on May 23rd.

Mike Smithson