Spanish Election Betting

Spain will hold a general election on July 23, 2023, to elect the 15th Cortes Generales of the Kingdom of Spain. All 350 seats in the Congress of Deputies and 208 of 266 seats in the Senate will be up for grabs. The election is expected to be a close contest between the left-wing coalition led by Prime Minister Pedro Sanchez and the right-wing bloc headed by Alberto Nunez Feijoo.

In this article, we will look at the background, the main parties, the opinion polls, the Online betting sites odds and some tips for betting on the Spanish election.

Background The current government was formed after the November 2019 election, which resulted in a hung parliament. The Spanish Socialist Workers’ Party (PSOE) and Unidas Podemos, the first such nationwide left-wing coalition since the times of the Second Spanish Republic, managed to secure a confidence vote with the support of several regional parties.

However, the government’s tenure was quickly overshadowed by the outbreak of the COVID-19 pandemic in March 2020, along with its political and economic consequences. These included the severe global recession resulting from the extensive lockdown measures implemented to curb the spread of the SARS-CoV-2 virus, as well as the economic impact of the 2022 Russian invasion of Ukraine.



On the right side of the political spectrum, the People’s Party (PP) underwent a leadership change in February 2022, following an internal push by Galician and Madrilenian presidents, Alberto Nunez Feijoo and Isabel Diaz Ayuso, to remove party leader Pablo Casado. Since Feijoo’s accession, PP has led opinion polls and finished first in the regional and local elections of 28 May 2023. Far-right Vox has been open to support the PP in a hung parliament in exchange for government participation and programatic concessions.

The liberal Citizens party, once a leading force but having lost most of its support since 2019, decided not to run in this election, focusing its efforts on the 2024 European Parliament election instead.

Despite speculation about an early election , Prime Minister Pedro Sanchez consistently expressed his intention to complete the legislature as scheduled in 2023. He had initially set a tentative election date for December 2023, near the conclusion of the Spanish presidency of the Council of the European Union.

However, the poor results of the left-wing bloc in the May regional and local elections, with losses to the PP and Vox in all but three regions, led to a surprise early dissolution of the Cortes in what was described as a gamble by Sanchez to wrong-foot the opposition. Main Parties The main parties competing in this election are: Party Leader Ideology Seats in Congress Seats in Senate PSOE Pedro Sanchez Social democracy 120 113 PP Alberto Nunez Feijoo Conservatism 88 97 Vox Santiago Abascal Nationalism 52 0 Podemos Sumar Ione Belarra & Yolanda Diaz Democratic socialism 36 8 ERC Gabriel Rufian Catalan republicanism 13 11 Other parties include: Together for Catalonia (JxCat), a Catalan separatist party with nine seats in Congress and six in Senate Basque Nationalist Party (PNV), a Basque regionalist party with six seats in Congress and nine in Senate Citizens (Cs), a liberal party with six seats in Congress and four in Senate More Country (MP), a progressive party with two seats in Congress and one in Senate Bildu, a Basque pro-independence party with four seats in Congress and zero in Senate Canary Coalition (CC), a Canarian nationalist party with two seats in Congress and one in Senate Regionalist Party of Cantabria (PRC), a Cantabrian regionalist party with one seat in Congress and zero in Senate Teruel Exists (TE), a rural platform with one seat in Congress and zero in Senate Opinion Polls The opinion polls have shown a consistent lead for the PP over the PSOE since early 2022.