Tuesday, September 13, 2022
HomeWales PoliticsLAB is grossly over-priced within the GE majority betting – politicalbetting.com

LAB is grossly over-priced within the GE majority betting – politicalbetting.com


Smarkets

This level has been made earlier than however given the way in which the betting markets at present give Labour a greater than 25% likelihood of securing a majority it’s price restating.

On the final election what was then Corbyn’s occasion gained 202 of the 650 frequent seats within the worst election outcome for the occasion since GE1935. Given the present polling then it’s clear that they’re going to do significantly higher than final time and the large query is how properly.

For Starmer’s LAB to safe the 326 seats required for a majority he would wish to realize extra seats than even Tony Blair did on the 1997 normal election. That is too massive an ask in my opinion

A giant issue that undermines Labour was what occurred in Scotland instantly after the 2014 Indy referendum. On the earlier election, LAB had taken 41 of the 59 Scottish seats which was diminished to a single MP in 2015. There isn’t any indication that that’s going to vary.

Though LAB appears to be like set to get well properly in England and Wales it’s laborious to see them reaching the extent that might make an general majority doable. The large factor that labour can hope for is for the Tories to lose sufficient seats that hey can’t keep a majority. If that occurs as I imagine is probably going then we may see some type of non-Conservative authorities put in place with Labour having the majority of the seats. In that scenario, Stamrer would doubtless enter quantity 10.

Mike Smithson

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