UK General Election odds 2019 – what’s the latest from the bookies?

UK General Election odds 2019 – what’s the latest from the bookies?

- in Usa News

BORIS Johnson wants a snap General Election after MPs voted to block a No Deal Brexit.

The Sun revealed the PM now believes he needs a fresh mandate from voters to prise a new deal from EU leaders after Tory rebels voted to block No Deal Brexit.

Andrew Parsons

Boris Johnson intends to steer the UK out of Europe – and possibly through an early General Election[/caption]

What are the odds on a General Election?

British bookies have slashed the odds on there being a General Election in 2019.

According to the Oddschecker website, some firms are offering odds of 1/14 on there being a general election in 2019.

“Boris Johnson’s coup has sent shockwaves across the country since its announcement, and those shockwaves have translated into political betting money,” said Oddschecker’s Callum Wilson.

“A betting flurry has taken place today on a General Election taking place before the end of the year, and it seems almost inevitable that we’ll see one, according to the heavily odds-on prices.”

William Hill are offering odds of 1/16 on the UK going to the polls in 2019.

That suggests Britain has a 94 per cent chance of a General Election before the end of the year with money starting to trickle in for a Lib Dem victory.

“The odds suggest that it is all but certain that there will still be a General Election this year and it is interesting to see that the Liberal Democrats appear to be building some momentum,” said William Hill spokesman Rupert Adams.

Latest election odds

  • Odds on election in 2019 – 1/14
  • Odds on election in 2020 – 11/1
  • Odds on election in 2021 – 50/1
  • Odds on election in 2022 or later – 25/1

Why would Boris want to trigger a General Election?

Boris Johnson certainly wants one now that 21 rebel Tory MPs joined with the opposition in backing a law that would block a No Deal Brexit.

The PM now believes he needs a fresh mandate from voters to prise a new deal from EU leaders

He has said any move to block a No Deal Brexit would weaken his hand in attempting to negotiate an agreement with Brussels.

If MPs backed a bill that would force him to seek an extension to our leaving date if there was no deal, then he would seek a general election.

After they did just that, the Prime Minister followed suit with a motion seeking the two-thirds majority needed to go to the polls on October 15.

But the vote was lost after Labour leader Jeremy Corbyn ordered his MPs to abstain in the knowledge this would prevent Boris getting the two thirds majority he needed.

A motion for the snap poll would be tabled by the Government which would require the support of two-thirds of MPs under the Fixed-term Parliaments Act (FTPA).

When could a General Election take place?

Boris could try and call a snap election at any time.

He would have to pass a vote of MPs in the Commons first, however, thanks to the Fixed-Term Parliaments Act.

Elections in this country take place on a Thursday.

By law, Parliament is dissolved 25 working days before a General election.

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