General Election 2024: Nigel Farage will stand as MP and is odds-on to win Clacton seat

• Farage will stand as an MP for the seat of Clacton

• Reform UK are now the odds-on favourites

• Will Farage finally win a seat at Westminster?

Will it be lucky number eight for Nigel Farage?

After seven losing attempts at being an MP and having said he would not run at this election, Farage announced today that he will fight the seat of Clacton at the 2024 General Election.

And Betfair customers make him a short price to win.

In a tight betting heat on the Betfair Exchange Farage is 1.392/5 ahead of the Conservatives 3.412/5 and Labour 8.27/1.

The Tories had been odds-on yesterday morning at 1.768/11.

0-7 record for Farage

The former leader of the UK Independence Party and latterly the Brexit Party has stood in seven general elections previously and has failed to win on every occasion.

But with Reform UK battling hard for a share of the Tory vote, Farage has eyed a chance at success.

In a Monday afternoon press conference Farage announced he would fight this election and is also replacing Richard Tice as leader of Reform UK for the next five years. Tice now becomes the party chairman.

Keep up to date with all the general election betting moves in our live blog.