Theresa gone before May? Odds shortened for early General Election

Our traders have trimmed the odds of an early General Election following a flurry of recent bets.

The odds of a snap election being called on the 2nd May has dropped to 6/1, a date which would see the General Election coincide with Local Elections.

Meanwhile, the odds of the UK leaving the EU with no deal on March 29th continued to shorten, now down to just 7/4. The chances of a second referendum however seem to have become more remote; it’s now 7/2 that a People’s Vote occurs in 2019.

Alex Apati of Ladbrokes said: “A flurry of bets has forced us to slash odds on an early General Election, while a No Deal Brexit is also looking more likely by the day.”

Ladbrokes Latest Betting

Month of next General Election

March 2019 – 20/1
April 2019 – 10/1
May 2019 – 6/1
June 2019 – 8/1

Brexit Latest

UK leaves the EU on March 29th with NO DEAL – 7/4
Another EU Referendum in 2019 – 7/2

Click here for the latest political odds.

All Odds and Markets are correct as of the date of publishing.