Reform UK has surged ahead of the Conservative Party in the betting odds for securing an overall majority in the next general election.

*Paddy Power Odds as of 17:40PM, 02/07/2024

According to the latest figures from Paddy Power, the odds for a Reform UK majority stand at 51.0, significantly surpassing the Conservatives' 151.0. This shift indicates growing confidence in Nigel Farage’s party among bettors.

The new betting odds reflect a remarkable development in UK politics, where Reform UK is now considered more likely to achieve an outright majority than the traditionally dominant Conservatives. This change comes amidst increasing public discontent with the current government and a surge in grassroots support for Farage’s platform.

The Labour Party remains the favourite with odds at 1.01, but Reform UK's recent climb signals a potentially transformative shift in the political landscape.