UK politics is in a place right now where there is huge uncertainty about the direction of the country, and that often makes for really good betting opportunities.
The Labour Party gained control in Parliament in 2024 which means another general election isn't scheduled to take place until August 2029 at the latest. But the latest polls and whispers suggest that they will have great competition to hold on to their power beyond that.
We'll take a look at the race to win the next General Election and provide you with our best free politics betting picks to try and earn you some extra cash in the process.
| UK General Election |  |  |  |
|---|---|---|---|
| Labour | +150 | +125 | +125 |
| Conservatives | +225 | +150 | +150 |
| Reform | +150 | +200 | +200 |
| Liberal Democrats | +2500 | +5000 | +5000 |
| Greens | +10000 | +10000 | +10000 |
Learn more about how to bet on politics here.
UK General Election information
- Scheduled to be held no later than 15th August 2029
- Labour Party currently hold the majority after 2024 election
- Conservative Party came second
- Liberal Democrats came third
- Reform came sixth, but have growing backing
UK General Election favorites
UK politics is generally known for the 'big three' parties - Labour, Conservatives and Liberal Democrats. But there is a change on the horizon with Reform hugely growing in popularity in the last few years.
As a result, the Liberal Democrats have dropped way off in the running which should make for an interesting general election race in the coming years.
Below you'll find a list of the favorites to win the most seats in the next UK General election.
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Labour Party - (+150)
In 2024 Labour wrestled back power from the Conservative party with a landslide victory that saw them win 411 seats in Parliament, and saw Sir Keir Starmer elected as the new Prime Minister.
That came after 14 years of a Tory government, with the general public growing tired of a number of decisions that had been made including the pushing of Brexit, growing immigration numbers and also straight up lies told.
However, although Labour have stepped in and are making changes not many people are particularly happy at the cuts being made in the UK and with rising costs to just survive.
The next election is obviously a long way away, and a lot can change in that time. However, the latest YouGov poll - which polls members of the public on their voting plans for the next election - suggests that Labour are still favorites although it is highly unlikely to be by such a landslide as it was last time.
A majority is still a majority however, and as things stand there is good value on Labour holding their power beyond the next election whenever it takes place.
Check out our review for BetOnline sports betting here.
Reform Party - (+200)
Despite only claiming five seats in the last election after being led by Nigel Farage, the lack of successful change being implemented by Labour means they are beginning to close the gap.
The swing towards right-wing ideology in recent years across the world has certainly helped that, and their links with similar beliefs to those that have seen Donald Trump and Elon Musk's power and popularity soar mean they are getting more powerful too.
The recent YouGov poll has seen Reform now installed as second favorites behind Labour and as of a few weeks ago, the party had been responsible for more than 64% of bets on the market - proving just how popular they are right now.
If there were a general election taking place imminently, then Reform would win the most seats. Parliament would likely be hung three-ways between biggest parties and there would be a clear chance of Nigel Farage being Prime Minister with support from either the Conservatives or Labour.
Farage has been pushing for power for a very long time, and his reputation is one that suggests he would be willing to do pretty much whatever it takes to get him into the hot seat.
But as things stand the election is too far away to expect that to stick. The value of +200 is really good though, and it could be a solid bet.
Check out our review for Bovada sports betting here.
Conservative Party - (+225)
After being in power for the best part of 14 years, most people in the United Kingdom believe that the Conservative Party have made a mess of the country and that change was hugely needed.
So it was no surprise when they lost power in the last election, with former Prime Minister Rishi Sunak being bludgeoned in a one-sided result. He has since been replaced as the Party leader by Kemi Badenoch, but the overall opinion on the party is not really improving.
They have been replaced as the second-favorites for most seats by Reform as previously mentioned, and it seems to be highly unlikely that the general public would vote them back into power so soon after booting them out.
The reason their price is as low as +225 is simply because they're one of the big two parties in the country, and most people tend to vote based on tradition or habit rather than policies or politicians. People who usually vote Conservative, will likely continue to do so.
But new voters or people who are willing to change are far more likely to go with Labour or even Reform at this stage and barring any disasters between now and the scheduled 2029 date it seems impossible that changes. This is a bet to avoid.
