29 Apr 2015
UK election betting odds show few positive signs for Labour – TDS
FXStreet (Barcelona) - The Research Team at TD Securities shares an update regarding the key developments in the betting markets related to UK elections.
Key Quotes
“Betting odds for the UK election have started to show a discernable gap between the odds of Ed Miliband becoming the next PM remaining around 60% while the odds for a Labour-led government have fallen to 50/50.”
“We similarly saw these government odds lead the PM polling two weeks ago when Miliband started to build a lead, which may suggest further shifts in favour of Conservatives as Labour has campaigned rather vocally recently over making no deal with SNP, and the odds of a minority Labour government have fallen.”
“As the constituency markets have started to deepen, we are also seeing more two-way shifts in the trends there between Labour and Conservative seats, but more of the marginal seats still seem to be leaning in favour of the Tories.”
“The marginal LibDem seats show little sign of momentum in favour of the coalition partner at this stage, while we have actually seen some shifts in favour of UKIP in betting markets which is at odds with much of the current polling where UKIP continues to see support drained off as they are seen as uncompetitive in races.”
Key Quotes
“Betting odds for the UK election have started to show a discernable gap between the odds of Ed Miliband becoming the next PM remaining around 60% while the odds for a Labour-led government have fallen to 50/50.”
“We similarly saw these government odds lead the PM polling two weeks ago when Miliband started to build a lead, which may suggest further shifts in favour of Conservatives as Labour has campaigned rather vocally recently over making no deal with SNP, and the odds of a minority Labour government have fallen.”
“As the constituency markets have started to deepen, we are also seeing more two-way shifts in the trends there between Labour and Conservative seats, but more of the marginal seats still seem to be leaning in favour of the Tories.”
“The marginal LibDem seats show little sign of momentum in favour of the coalition partner at this stage, while we have actually seen some shifts in favour of UKIP in betting markets which is at odds with much of the current polling where UKIP continues to see support drained off as they are seen as uncompetitive in races.”