Andy Street surges ahead of Richard Parker as the bookies’ favourite in West Midlands Mayoral Election.
A significant shift has occurred in the eyes of bookmakers regarding the outcome of the West
Midlands Mayoral Election, with Andy Street emerging as the new frontrunner.
Street's odds have undergone a notable slash from 6/4 at the beginning of the week to the latest
price of 4/6 (best price Betfred), reflecting an increase from a 40% to a 60% implied chance of victory.
In contrast, Richard Parker has experienced a drift in his odds from 1/2 to 15/8 (best price at Star Sports) over this week on oddschecker.
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Despite this adjustment in odds, political bettors on oddschecker are steadfastly supporting Parker, with 61% of total bets favouring the Labour candidate to win the vote on Thursday.
Nevertheless, momentum favours Street in the betting markets as bookmakers continue to shorten his odds for re-election.
This market warrants close monitoring throughout Thursday as odds fluctuate in response to the evolving voting patterns.
West Midlands Mayoral Election Odds
| Candidate | Odds | Implied Probability |
|---|---|---|
| Andy Street | 6/4 | 40% |
| Richard Parker | 15/8 | 34.8% |
| Elaine Williams | 50/1 | 2% |
| Siobhan Harper-Nunes | 66/1 | 1.5% |
| Sunny Virk | 100/1 | 1% |
| Akhmed Yakoob | 200/1 | 0.5% |
Leon Blackman from oddschecker said: "This week has witnessed a significant momentum swing in the West Midlands Mayoral Election market, with Andy Street now emerging as the favorite for reelection.
"Initially priced at 6/4 earlier in the week, Street's odds have now shifted to 4/6, relegating his rival Richard Parker to second-favorite status among oddsmakers. At the current odds of 4/6, bookies are assigning Street a 60% implied chance of securing victory in Thursday's election."
