Reckless likely to lose next May, say bookies

The morning after last week’s Rochester and Strood by-election, we made the Tories 4/6 favourites to re-take the seat next May. Punters have been even more bullish and the Conservatives are now even stronger favourites, at 1/2, with UKIP drifting out to 6/4.

According to our individual constituency prices, that means Rochester & Strood is now the eighth most likely win for UKIP at the general election. The UKIP win % is the chance of them taking the seat at the general election, as implied by our odds.

Rank Seat Win 2010 UKIP Win %
1 Clacton Cons 82.25%
2 Thanet South Cons 64.58%
3 Thurrock Cons 57.47%
4 Boston & Skegness Cons 56.06%
5 Great Yarmouth Cons 40.33%
6 Castle Point Cons 38.47%
7 Thanet North Cons 36.55%
8 Rochester & Strood Cons 35.87%
9 Great Grimsby Lab 32.94%
10 Rotherham Lab 28.51%
11 Cannock Chase Cons 27.91%
12 Dover Cons 27.77%
13 Louth & Horncastle Cons 26.29%
14 Basildon S & Thurrock E Cons 25.67%
15 Folkestone & Hythe Cons 22.65%
16 Sittingbourne & Sheppey Cons 22.57%
17 Eastleigh LD 20.81%
18 Camborne & Redruth Cons 20.23%
19 St Austell & Newquay LD 19.83%
20 Portsmouth South LD 19.66%

So, 15 of their top 20 prospects are Tory held seats although it’s worth pointing out that UKIP might prevent Labour from winning seats like Thurrock, Yarmouth and Cannock Chase which would all be very high on Ed Miliband’s target list.

 

Who’s the next Tory defector going to be: The latest betting.

Ladbrokes took a £16,500 bet on UKIP at 1/33 to win the Rochester by-election today. That intrepid punter will be collecting a £500 profit on Friday morning if things go as expected. If by some chance the Tories pull off a shock victory, it will probably be the most profitable by-election result in history for the bookies. I don’t hold out much hope.

The media narrative has already moved on to the guessing game of whether any other Tory MPs will be jumping ship. We now make it odds-on that at least one other Conservative defects before Christmas.

Favourite for a while now has been the MP for Kettering, Philip Hollobone. Interestingly, he is an old boy of Dulwich College, along with Nigel Farage. Some shrewdies have been backing UKIP to win his seat at the general election, now 6/1. I guess that might be better value than the 2/1 about him being next out.

Which actor will play Nigel Farage in UKIP Drama?

Channel 4 are planning a “mockumentary” based on the early days of a UKIP government. So, naturally, we’ve knocked up some odds on who will play Farage. I don’t really have much more to say, but if anyone has any good suggestions for other possibles, post them here and we’ll add the best ones to our betting.

 

Carswell odds-on to win Clacton for UKIP

You have to think that Douglas Carswell must be very confident of taking the seat for UKIP for him to have stood down in the first place. He’s in a part of the world which is demographically quite UKIP friendly and the party did very well in local council elections. This will be a hugely demoralising blow for the local Conservative party and, despite a twelve thousand plus majority, we think that Carswell’s personal standing makes him a strong favourite.

It’s certainly possible that Labour could sneak this by mopping up some of the Lib Dem vote and hoping that UKIP and the Tories split down the middle. However, we thought the same about Newark and they put in a fairly woeful display there.

I wouldn’t say that we saw this coming, but a few people had some small bets on Carswell to be next UKIP leader in the last week – his odds had gone from 100/1 to 33/1 even before this news; he’s 2/1 favourite now. We’d also taken some money from informed sources on UKIP to win Clacton at the general election at 20/1. I don’t think they were guessing.

We’ve cut the odds on UKIP winning a seat anywhere in the UK at the general election from 4/6 to 1/3. We’ve also quoted 6/4 that any other Tory MP defects before the general election. Nadine Dorries and Mark Reckless are a couple of names that spring to mind.

The UKIP Top Twelve Target Seats

Sky News have reported on some “internal UKIP polling”, which the say reveals UKIP’s top dozen target seats. Ladbrokes have odds on every seat in Britain and, based on those, we can allocate a probability of UKIP winning each of these twelve seats.

Seat Win 2010 Maj% UKIP Odds UKIP Win %
Thanet South Conservative 16.6 11/10 43.09%
Great Yarmouth Conservative 9.9 15/8 32.01%
Thurrock Conservative 0.2 2/1 30.34%
Boston & Skegness Conservative 28.8 5/2 25.76%
Thanet North Conservative 31.2 4/1 17.63%
Great Grimsby Labour 2.2 4/1 18.01%
Portsmouth South Lib-Dem 12.6 4/1 18.00%
Eastleigh Lib-Dem 7.2 5/1 15.03%
Sittingbourne & Sheppey Conservative 25.5 8/1 9.91%
Forest of Dean Conservative 22.7 12/1 7.02%
Worthing East & Shoreham Conservative 22.9 12/1 7.08%
Aylesbury Conservative 23.7 16/1 5.45%

The top three in the list are especially promising as there is every chance they could be three-way contests and something around 35% of the vote could win any of those.

If UKIP high command had just looked at Ladbrokes’ odds, then the bottom four on the list wouldn’t have made the cut. All look like ultra safe Tory seats and it will take a huge effort to win any of these. Aylesbury has a majority of over twelve thousand, but I guess the party are hoping to exploit the HS2 issue here.

Party workers in Castle Point, Folkestone and Rotherham will be a bit disappointed not to have been included, as the betting would suggest that they are all much better prospects than the likes of Forest of Dean.

We’ve got some betting on how many seats UKIP will win in total next year; it’s 5/1 that they manage ten or above.

For the first time, UKIP now favourite to out-poll Lib Dems.

 

LONDON, ENGLAND – MARCH 26: Deputy Prime Minister Nick Clegg (R) and UKIP (UK Independence Party) leader Nigel Farage, hosted by LBC’s Nick Ferrari, take part in a debate over Britain’s future in the European Union, held at 8 Northumberland Avenue on March 26, 2014 in London, England. Nick Clegg and Nigel Farage will go head to head in the first of two debates about whether Britain should stay in the EU. (Photo by Ian West – WPA Pool / Getty Images)

 

Just over two years ago, Ladbrokes opened a market on which of UKIP and the Liberal Democrats would get most votes at the next general election. We made UKIP 5/1.  Today, for the first time, they are now favourites to out-poll the Lib Dems.

YouGov’s latest poll has UKIP ahead 14-8. Survation has it at an incredible 22-7.

There are many reasons for thinking that the Liberal Democrats will recover and UKIP drop down. But the lead that UKIP have had for many months shows no sign of diminishing right now.