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March 5th, 2010

State of the Race 5 March 2010

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Estimated reading time: 5 minutes

Blog Admin

March 5th, 2010

State of the Race 5 March 2010

0 comments

Estimated reading time: 5 minutes

PartyBBC Poll TrackingLSE Poll Tracking
Per centPer cent
Last Change3 March5 March
Labour3332
Conservatives3838
Liberal Democrats1617
Other Parties1313

No change in either measure from yesterday’s update, with the Conservatives and the Liberal Democrats solidly on 38 and 17 per cent respectively. Labour looks to be settling at about the 32 per cent mark. This is all cold comfort to those who might be concerned about a hung parliament, and will not add to the downward pressure on the pound that began earlier this week.

As there is little change in the polls, we could look to another indicator of potential electoral performance, the UK betting institutions:

Betting odds and the Election as of 5 March

 Conservative MajorityLabour MajorityNo Majority/Hung ParliamentConservatives Most SeatsLabour Most SeatsLib Dems most Seats
Ladbrokes4/710/17/41/74/1200/1
Betfair4/613/115/82/119/299/1
William Hill8/139/15/4*1/67/280/1
* Note that this figure for William Hill, is for ‘No Overall Majority’ rather than a hung parliament.


As you can see, there really is very little variance across the betting institutions, although William Hill seems to be slightly more confident in a Labour majority and having the most seats than the other two. Ladbrokes gives no benefit of the doubt to the Liberal Democrats at 200/1 while the other two are slightly more generous with 99 and 80 to 1 odds respectively. The most close to even odds are for either a Conservative majority or a hung parliament and/or no majority. It would seem the betting firms are taking their cues from widespread predictions of those outcomes.

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This work by British Politics and Policy at LSE is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.