The Labour Party have made a surprise gain of four points in the polls. However, it is believed that the Conservatives are firm favourites to get the most seats, according to betting shop, Ladbrokes, who further stated of the odds of ½ as the campaigns commence.
On the other hand, Labour's odds have lessened from 7/4 to 13/8, while UKIP gets 100/1. Liberal Democrats and The Green Party endure the discourtesy of odds of 500/1.
If we go by what the bookies predict, it may just be another hung parliament; the odds of no overall majority are at a paltry 1/5. The odds also supports a Labour minority government at 2/1, with a Conservative proportionate at 5/2.
It has been claimed that gamblers are expected to propel £100 million on the elections. Ladbrokes further added that the election is about to become the biggest non-sporting event in history.