The Conservatives are 1/10 to take the most seats at this year’s snap General Election, according to the latest odds.
Following Prime Minister Theresa May’s surprise announcement of a vote on June 8, the bookies have reacted by instantly making the Tories heavy odds-on favourites for the most seats at 1/10.
It’s now also a 1/5 shot that Jeremy Corbyn is replaced as leader of the Labour party before the end of 2017.
The last price on offer for a General Election to take place this year had been 7/2.
Jessica Bridge of Ladbrokes said: “May’s change of heart has caught everyone by surprise, but it’s looking hard to see Labour springing their own shock on June 8 with the Tories long odds-on for victory.”
Ladbrokes Latest Betting
General Election odds
Conservatives – 1/10
Labour – 7/1
Liberal Democrats – 33/1
UKIP – 100/1
Conservatives – 1/5
No Overall Majority – 5/1
Labour – 12/1
Liberal Democrats – 66/1
General Election to take place on June 8 – 1/10
General Election not to take place on June 8 – 6/1
Click here for the latest General Election odds.
All Odds and Markets are correct as of the date of publishing