Odds slashed on SNP election success as polls hit Labour hopes
Published:
Bookmaker Coral has slashed the odds on the Scottish National Party winning the most seats in Scotland at May’s general election to 1-10 (from 4-7), after Lord Ashcroft revealed polls today that strongly suggested Labour would suffer heavy losses at the hands of Nicola Sturgeon’s party. Labour are out to 5-1 (from 5-4) to win most seats in Scotland, while Coral offer 20-1 that Jim Murphy’s party do not win any seats.
Coral are also betting on the number of seats the SNP will win, with 42 or more priced at 5-6, and the same odds about 41 or fewer, amended from 30 or more and 29 or fewer before publication of the Ashcroft polls.
As a result of the polls, Coral has also cut the odds on there being a hung parliament after the election to 1-4 (from 2-7), while the odds on Labour winning the most seats have been lengthened to 6-5 (from 11-10), with the Tories cut to 4-6 (from 4-5).
“The first general election since the referendum always promised to hold extra significance for Scottish voters, and the Ashcroft polls have seen a shake-up in the betting, with the SNP now red hot favourites to dominate at Labour’s expense, while the chances of a hung parliament have also increased as far as we’re concerned,” said Coral’s David Stevens.
“At this stage there is no clear indication as to what the make-up of the government will be post-election, but if these most recent polls do translate into Westminster seats for the SNP – and we have certainly increased their estimated number of seats – Nicola Sturgeon’s party are likely to be important players in any subsequent power-broking,” added Stevens.
**To win most seats in Scotland
1-10 SNP, 5-1 Labour 500-1 Any other party
**Total SNP Seats following general election
5-6 42 or more, 5-6 41 or fewer
**Labour not to win a seat in Scotland 20-1
**To win most seats at the general election
4-6 Conservatives, 6-5 Labour 25-1 UKIP, 250-1 Liberal Democrats
**Overall majority following general election
1-4 No party, 4-1 Conservatives, 9-1 Labour
ENDS
Further Information Contact
David Stevens 07720 400438
Simon Clare 07860 465139
Coral Press Office 0203 288 7222
