When we talk about the British election scenario, there are only two major parties which are supposed to be movers and shakers.
One is the Conservative Party, and the other is Labor Party. Though there are others like Liberals, the battle is always restricted between the two.
Hence, whatever happens in the above two parties is something that we should always keep in mind and something which must be looked at with interest.
The Labor Party is certainly going through a lot of challenges and is certainly not in the strongest position. The government of the Tories headed by Theresa May is seemingly quite safe for now.
However, if one goes by the various Labor leader odds, there are reasons to believe that things will not remain the same way for a long period of time.
Betting in Politics
There are reasons to believe that betting and politics have coexisted for long period of time and they have been together perhaps for decades and centuries.
Hence, when it comes to bookmakers, both online and brick and mortar lot of money is spent by them on calculating odds and other such things.
Hence, it would not be a bad idea to have a closer look at the Labor leadership odds as they exist today. We will be looking at a few leaders of the Labor party and try and find out as to who will be able to take over the reins of the party.
Jeremy Corbyn is now the leader of the Labor party, and he has been holding this position since September 2015.
Next Labor Leadership: Betting Odds
Let us get started with Jeremy Corbyn when it comes to knowing more about the next Labor leader odds are concerned.
Though most bookies had predicted that he win in September was a done deal 2015, the same cannot be expected as of today. This is because of many challenges, and, therefore, his odds must have come down very heavily.
He is another Labor leader about whom quite a few bits are being talked about. As of now, he has a decent odd of 11/2 in his favor and this according to many of his supporters it will only improve in the days and months to come.
Therefore, his progress both within his party and as to what bookies have to say has to be closely watched.
He is a relatively young political leader of the Labor party. At the age of 54, he has quite a bit of political future ahead of him.
Hence, it would not be a bad idea to find out as to how he features amongst bookies. It would be pertinent to mention here that he has a decent odd of 13/2 and there are some bookmakers who are even ready to give him a more favorable odd of 11/2.
He is another leader to be closely watched and followed as far as the election of the new Labor leader is concerned. Different bookmakers offer him different odds. On the one hand, he has a high odd against him equivalent to 28/2 which looks horribly hopeless.
However, on the other end of the spectrum, there are quite a few others who are ready to offer him more favorable odds ranging from 11/2 to 15/2.
When Will Corbyn Leave the Post of Labor Leader?
The above are just a few names that we have taken up for analyzing. Apart from the above, there are many other leaders who are in the reckoning. However, the above three are the frontrunners.
Apart from the above, there is also intense betting when it comes to identifying as to when Corbyn be leaving the post of Labor Leader so that success can be appointed in his place.
The year 2017 is almost three months old now, and there are many who feel that there is 4/5 chance of him giving up his post this year.
However, on the other side of the spectrum as far as 2018 is concerned, the odd percentage is 7/2. As the years roll by his chances of holding on to his post could become even more remote.
For example, as far as 2019 is concerned it will be 10/1, for 2020 it would be 7/2 and when it comes to 2021 or later it could be as much as 16/1 against his favor.
Hence, 2017 could be the happening year and he could be out sooner than later and may again throw his hat in the ring. He is likely to contest again along with the other names about which we have mentioned before.
Therefore, it would not be right to write off completely as yet because he still continues to be reasonably popular and who knows his popularity might go up suddenly and he might get elected for a second time.
Therefore, there is no denying the fact that Labor leadership betting odds are getting interesting with each passing day, to say the least.
Which Odds Site to Choose?
Now that we have a reasonably fair idea about the main leader who will be able to make some impression and will be able to fight it out against themselves for the coveted Labor Leader post, it would be pertinent to find out as to which is the best bookmaker to choose.
This is not an easy job given the fact that there are quite a few of them. However, there are some time-tested and proven sites like Ladbrokes, Paddy Power, Bet365 and many other such sites, where you can expect to get the best possible information as far as these details are concerned.
Hence, at the end of the day, there is no doubt that there are quite a few possibilities as far as the choice of the new Labor leader is concerned.
Different bookmakers have different types of odds and, therefore, one needs to take a considered view after factoring as many sources of information as possible.