UK General Election Odds & Betting Markets

The next UK general election must be held before August 2029. However, the prime minister may call an election earlier than this, depending on the political landscape and the sway of public opinion.

We’re in the middle of a Labour government for the first time since Gordon Brown left Downing Street in May 2010, with Sir Keir Starmer in office since July 2024.

With pressure mounting on Starmer from outside the Labour Party, many think a leadership change might be on the cards in the not-so-distant future. You can bet on who you think the next Labour Leader will be here.

However, you can look even further ahead and bet on the next UK general election at Parimatch. Discover the markets available and find out how political betting works.

In the UK general election, British people get to vote for their local MP. On election day, all 650 MP seats in the House of Commons are up for grabs, and the leader of the party with the most MPs becomes the prime minister once the votes have been counted.

The prime minister is appointed following an official conversation and ceremony with the King. The maximum term of a parliament is five years, by which time another general election must be called. However, the government may choose to call an election at any time during the initial five-year term.

The governing party may also change its leader at any time, should it lose confidence in the current prime minister. The next UK general election must be held no later than Wednesday, 15th August 2029.

You can bet on the next UK general election at Parimatch. To register, click “Sign Up” at the top of this page and follow the prompts to complete the registration form.

With your account fully active, head to our cashier to deposit and fund your political wagers. You can then bet on the party you think will win the next election.

Political betting is similar to sports betting. You must do your research, bet with your head and not your heart, and gamble responsibly.

We offer tools, tips, and resources via our Safer Gambling Portal that help you bet within your means. Activate deposit and loss tools to control your expenditure and seek support should you need it.

The easiest way to bet on the UK general election at Parimatch is to bet on the party that you think will win the most seats.

Labour stormed to a resounding victory in the last general election, securing 411 seats, with the Conservative Party only winning 121.

At the time of writing, Reform UK is the favourite to win the most seats at the next election, followed by Labour and the Conservatives.

This is a win-only market, so the party you bet on must end up with the most seats for your bet to be successful.

Another option for betting on the general election is to place a wager on whether there will be an overall majority. A political party must win at least 326 seats to secure a majority, and if this isn’t achieved, the result will be a hung parliament.

At this stage, no party can govern on its own, so it must form a coalition with another party, make a deal for support, or try to govern as a minority.

The 2010 general election resulted in a hung parliament, with David Cameron seeking a coalition with the Liberal Democrat leader Nick Clegg for the first peacetime coalition government since the 1930s.

In 2017, the Conservatives lost their narrow majority secured in 2015 and entered into an agreement with the Democratic Unionist Party (DUP) to ensure sufficient support in the House of Commons.

At Parimatch, you can bet on there not being an overall majority, or back Reform UK, Labour, Conservatives, or any other party securing a majority at the next general election.

The British political landscape is fluid, and a great deal can happen between now and the next UK general election. However, current opinion polls suggest that Reform UK will secure the most seats in the next election, but they will fall short of an overall majority.

Labour is polling just behind Reform, with the Conservatives significantly behind and yet to fully recover from the tumultuous end to their last stint in government.

Before backing a party to win the next UK general election, we encourage you to browse the latest polling data and conduct research into the current political landscape.

It’s also important not to bet with your heart. Consider the current situation and bet according to which party is most likely to win, rather than the party you want to govern next.

You can access a range of political betting markets at Parimatch. Alongside the UK general election, you can bet on the following British political markets:

• The next British prime minister after Keir Starmer
• The next permanent Conservative leader after Kemi Badenoch
• The next permanent Liberal Democrat leader after Ed Davey
• The next permanent Reform UK leader after Nigel Farage

We also offer politics betting options for those interested in events across the pond. You can back the candidate you think will win the 2028 US presidential election. Alternatively, bet on the winning party in the US election, whether it is the Republican Party or the Democratic Party.

Sign up to Parimatch today and check for our latest offers to see if you can boost your bankroll with a free bet to use as you bet on politics.