London Mayoral Election 2016 Betting Preview: Paddy Power Starts Taking Wagers


London Mayoral Election 2016 Betting Preview: Paddy Power Starts Taking Wagers

From the US presidential contest to the EU referendum, it's an exciting time of year for punters interested in political betting. The latest market to open is the race to win the office of London Mayor, with Paddy Power Sports covering the winning candidate and party – any interested punters need to place their bets by 5 May 2016.

The Leading Candidates

In the run-up to the election, Paddy Power Sports has priced Labour Party member Sadiq Khan as the odds-on favourite at 1/4. After growing up on a London housing estate, Khan rose from humble beginnings to reach the Labour frontbench, becoming one of the first Muslims to attain the honour. Central to his campaign is the promise to build 80,000 affordable homes each year.

Further back at 11/4 is Conservative Party member Zac Goldsmith, who has served as MP for Richmond Park and North Kingston since 2010. Before pledging his candidacy for mayor, Goldsmith sought and received the approval of his constituents in a referendum. Following the successful outcome, he pledged to make London a “safer, greener, happier, more prosperous, united city”.

The Outside Prospects

London’s mayoral election appears to be a two-horse race, given that George Galloway is considered to be the next closest candidate at 40/1. The former Labour Party member is currently an MP for the Respect Party, representing Bradford West. However, he could have hurt his chances with a tweet made after the Brussels attacks:

“Those who rule us built this monstrous extremism”.

Below Galloway, there is a major step down to Liberal Democrat candidate Caroline Pidgeon at 100/1, who was unopposed in her party when the other prospect joined the police instead. After Pidgeon comes UKIP member Peter Whittle at 150/1, while Green Party councillor Siân Berry is also available at those odds.

Another priced at 150/1 is Danish native Sandi Toksvig, who is more commonly known for her UK broadcasting work on TV and radio. She was first viewed as prospect when the Women’s Equality Party co-founder said she "couldn’t be worse than Boris" back in June 2015. Although dismissing the prospect and not being listed as a candidate by her party, Paddy Power Sports has not closed the door on Toksvig.

Winning Party

Paddy Power is also taking bets on the winning party, but the prospective odds mirror those of their candidates. Labour and Khan are 1/4, the Conservatives and Goldsmith are 11/4 and the Lib Dems and Pidgeon are 100/1, while any other party is 33/1. Nevertheless, it's another opportunity to try and make a winning bet.

Boris Johnson Focusing on MP Role

The eventual winner will succeed current London Mayor Boris Johnson, who is forgoing a third term to concentrate on his role as MP. Johnson won the seat for Uxbridge and South Ruislip in May 2015, a constituency situated in West London, leading to speculation he would step down early.

Despite the added pressure, Johnson has continued in both roles, but prospective candidates were aware in October 2015 he would not run for mayor the following May. Since then, not much has changed, with Khan and Goldsmith remaining as the prime candidates for their respective parties.

For all current London mayoral odds, visit Paddy Power Sports today!


Recommended Betting Sites

Betting Strategy Articles

Bookies Lean Towards DeGale Bringing the WBC Belt Back to Britain

This weekend sees the long-awaited unification fight between James DeGale and Badou Jack to determine who is top dog in boxing’s super-middleweight division. Will DeGale back up his claim for a "massi ... Read More

Too Many Teams? Check Out What Teams Punters Should Back in the Africa Cup of Nations

It remains something of a hidden gem in the football calendar, but the biennial African Cup of Nations should really be a fixture in any self-respecting punter’s almanac. Why? Because some of the worl ... Read More

Top Bets to Consider During the Australian Open 2017

The first Grand Slam tennis tournament of 2017 kicks off 'Down Under' as hundreds of tennis players descend upon Melbourne, determined to start the New Year with a bang. The local spectators will be r ... Read More

Should Punters be Backing Underdog Clemson Against the Tide?

Reigning champions Alabama Crimson Tide have surged through the competition to win their place in the College Football Playoff National Championship. The team they beat to claim the 2015 title, the Un ... Read More

Should Punters Trust Saban and the Tide to Repeat in College Football Playoffs 2016?

Romanian pop artist Nicole Cherry is scheduled to perform at halftime during the 2016 College Football Playoff National Championships at the Raymond James Stadium in Florida, but what everyone really ... Read More

Top 10 Contenders for Christmas Number One 2016

The battle for the Christmas Number One Single is as much a part of the festive season in the United Kingdom as mince pies and the Queen’s Speech. The festive charts have been dominated by X Factor wi ... Read More

Betting Navigation


Sign up for the free Newsletter to stay on top of all the best bonuses!
We will never share or misuse your personal information. Privacy Policy

Latest Betting Strategy

Betting Guides

Country Guide