MyBookie has Labour Party as a favorite in UK Politics betting market

Updated December 13, 2022
Updated December 13, 2022By Chris Boline
mybookie betting news december

A website known for having some exotic betting options in the past, especially when it comes to politics, MyBookie has rolled a special wagers section on United Kingdom Politics. Per the main MyBookie website, the online sportsbook has the overall majority party favorite in the UK this upcoming election cycle as the Labour Party at -111. This is closely followed by no overall majority at +136, along with the Conservative Party being the underdog to take the majority at +500. During the next U.K. general election cycle, which is scheduled to be held no later than January 2025, it would appear MYBookie favors the Labour Party to assume the majority. 

For this article, SBS will be taking a deeper look at the latest news coming from MyBookie along with some more thoughts and notes about using the website. 

MyBookie offers International Politics Odds periodically

Per one report, while MyBookie favors the Labour Party to assume control of the House of Commons, it will be an uphill battle based on current numbers. As of December 2022, of the 650 seats in the House of Commons (326 seats needed for a majority), the Conservative party has the majority at 356 current seats. This is followed by the Labour Party and their leader Keir Starmer at 194 total seats. The Scottish National Party is in third place in the House of Commons and has 44 overall seats. 

Per one source, the next election is scheduled to be held no later than early 2025, after the Dissolution and Calling of Parliament Act 2022 repealed the Fix-term Parliaments Act 2011. Right now, the Conservative Party elected 365 but has a current base of 356 which is down nine seats from the 2019 U.K. general election. Conversely, the Labour Party elected 202 to the House of Commons and has lost eight members, giving it 194 current seats. In terms of increases, the largest has been from the independent party group which has risen 15, but only gives them 15 total members in the House. 

MyBookie offers International Politics Odds periodically

If you are a regular visitor to MyBookie, you will no doubt have seen them offer political-based wagering markets on a variety of different contests. For instance, as referenced before in this space, MyBookie has rolled out U.S. politics markets that feature odds related to the 2024 presidential election along with related betting lines for both the Democratic and Republican parties. Moreover, the site also has updated odds weekly in regard to the U.S. winning party in the upcoming 2024 election cycle. Following a hectic run during the 2022 midterm elections, anyone that is interested in betting on politics in the U.S. or the U.K. should definitely keep an eye on MyBookie’s betting markets. 

After you are all caught up to speed regarding the latest news and betting markets coming from MyBookie, make sure to tap into the plethora of great info that SBS has in store for you. For even more updates from the site, check out the SBS MyBookie sportsbook review where you can see the latest updates and notes from the site and how to get the most out of the online sportsbook. On the topic of bonuses, there might not be a better resource than our best bonus betting sites breakdown which contains an amazing catalog of the best welcome bonuses out there. Finally, if you are maybe uncertain about which payment options are the right fit for you, then SBS has your back in the form of our payment methods rundown. Here, you can find a variety of options from traditional banking routes to newer age options like crypto. 

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About the Author

Chris Boline
Chris Boline

As a devout aficionado of sports, Chris Boline has carved a career within the athletic realm. A skilled scribe, he boasts a decade-long portfolio that encompasses coverage of the NBA G League, the Los Angeles Chargers, football in the Mountain West Conference, and basketball. Beyond his professional pursuits, Chris is deeply invested in his community and dedicates his leisure hours to serving on boards, collaborating with community organizations, and cherishing the company of loved ones.

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