Labour majority projection UP but vote share DOWN

Projected vote shares: LAB 36.8 (-0.4): CON 34.3 (+0.1) : LD 21.4 (nc)

Projected Election Outcome LAB majority 76 seats (+4)

Contrasting fortunes for Labour in our balance of money projections which are based on the collective view of gamblers as they invest their money. After yesterday’s standstill in the projected Labour majority heavy betting today has pushed the overall majority projection up by four seats – but the party has slipped a notch on the vote share markets. The latter was because of concerns that the polls might be following what has become their normal General Election pattern and might be overstating Labour. This was reinforced by the Indy NOP survey that showed a Labour decline.

Today’s most popular conventional markets have been:-
Winning Party – Labour price tightens to 1/16
Bethnal Green & Bow The money goes on George Galloway
Lib Dem seats Lots of activity following improved poll ratings

NOTE: The regular BALANCE OF MONEY predictions are based on how spread betting gamblers are investing their money on all the main UK markets from Spreadfair, IG Index, and Sporting Index.

A full round-up of all General Election Betting is available here

Mike Smithson