Next Prime Minister Betting
Prime Minister betting is one of the main markets in political betting both in the UK and worldwide. These markets are generally win markets for individuals to fill the position after the outcome of an election, and cover nations which have a prime minister or variants like first minister.
In most cases, such as the UK, betting on the next Prime Minister involves betting on the party leader at the time of a general election. However, party leadership contests can precipitate such bets when the Prime Minister is the leader of the political party in power - as in the case of Margaret Thatcher, who was successfully challenged as leader of the Conservatives in 1990 and replaced by John Major as Prime Minister.
Next Prime Minister Betting Tips and Markets
One good piece of advice for predicting who is going to be the next Prime Minister is keep up with the news, particularly polls published in the press. As far as betting goes, many bookmakers offer odds for Next Prime Ministers well before the event; however, not all of them will have the market displayed clearly on their website. If you can"t find it, look for Political Betting or "specials" betting in their navigation. If it"s not there, you may have to opt for "election" markets instead, which may involve political parties as a whole rather than individual candidates.
The standard markets available for Prime Minister betting are win markets for individual candidates.
UK Next Prime Minister
In the UK, of course, online betting on the next Prime Minister normally occurs on the event of the general election, which is held once every four to five years (with the next one due in 2009.)
Secondly, note that in the UK, the leader of the party in power usually fills the position of Prime Minister, and that the UK electoral system effectively produces a two-party system, with the majority party in power and another party in opposition. What this means for the punter is that only leaders of the Labour and Conservative Parties, as the two main UK political parties, are likely to stand any chance of becoming Prime Minister. Therefore, bookies may offer odds for the leaders of the Liberal Party, SNP, and so forth, but these candidates will remain an outside bet with slim chances of winning.
UK General Election 2009
The next UK general election will be held in 2009. So can Tony Blair last as leader until 2009 and make his fourth term in office following the problems surrounding war Iraq and mounting domestic difficulties? Or can David Cameron reconcile the internal differences of the Conservative Party and bring them back to Downing Street after years in opposition?
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