Politics By Graham Sharpe

Generally Election Unpredictability

William Hill are offering odds of 2/5 that the next General Election will produce no overall majority for any one Party. 

They offer odds of 4/1 that the next government will be another Con-Lib Dem coalition; 9/2 a Labour majority; 9/2 a Tory majority; 9/2 a Labour minority government; 11/2 a Lab-Lib Dem coalition; 11/2 a Tory minority govt; 13/2 a coalition involving SNP; 7/1 Coalition involving UKIP; 50/1 Coalition involving Greens; 50/1 UKIP majority; 500/1 Lib Dem majority. 33/1 any other combination or government.

'We've never had General Election betting quoting a dozen potential outcomes before' said Hill's spokesman Graham Sharpe,'By and large our higher rolling clients seem to be banking on no overall majority being the outcome, while those with more modest stakes are betting on which coalition is likely to stem from no overall majority - with a repeat of the current one the best fancied.'

Hills are also reporting a rush of support for TWO General Elections to take place in 2015 and have cut their odds about that from 8/1 to 6/1. 'The thinking is that a coalition or minority government could well run into trouble very quickly and find that effective government is virtually impossible and therefore another Election would have to be held - as was last the case in 1974'

Hills say more money was gambled on political bets during 2014 than in any other previous year - 'William Hill alone took over £3m on the outcome of the Scottish Referendum, and with a General Election and the start of the US Preidential Election campaign taking place in 2015 we hope to see another record breaking year of political wagering' said Hill's spokesman Graham Sharpe.