Good news for punters who want to bet on how many seats the parties will win but are reluctant to get involved with the risks of spread betting. Bet365 have just re-opened markets on the seat totals for the three main parties and you can bet online. As we get closer to the Election other bookmakers will offer similar markets.

Labour seats won at General Election.
360 + 6/4
0 – 335 15/8
336 – 343 9/2
344 – 351 9/2
352 – 359 6/1

Given 324 is the magic number to win an overall majority we think that the 15/8 on 335 seats or less is the value bet. This would cover you for a Labour majority of 24 seats or less and, of course, a hung parliament. Ultimately this all depends on which opinion pollster and seat calculator you believe.

Conservatives seats won at General Election.
0 – 220 10/11
245 + 12/5
221 – 228 5/1
229 – 236 6/1
237 – 244 15/2

Hard to see value here at either end. Our view would be to stick with betting on Labour seats because they are vulnerable to the Tories, LDs and the nationalist parties.

Lib Dems seats won at General Election.
61 + 1/3
53 – 60 5/2
45 – 52 15/2
37 – 44 14/1
0 – 36 25/1

The 61+ is our choice but 1/3 is not good value. Stick with betting on Labour seats.