With just 28 days to go before polling day, Labour and the Tories remain neck and neck. The latest polls have the two main parties locked on around 35 per cent, pointing to another hung Parliament on May 7. But while voters are saying one thing in public, Britain's bookies are seeing a completely different picture in private – with punters placing a flood of cash on the Tories. Scroll down for video . While voters are saying one thing in public, Britain's bookies are seeing a completely different picture in private – with punters placing a flood of cash on the Tories . Twice as many bets on who will win the most seats have been placed on the Conservatives than Labour, MailOnline can reveal. One bookie alone has taken five bets for more than £10,000 on David Cameron's party to emerge with the most seats – with not a single bet of this size on Ed Miliband's Labour. The betting market echoes polls which have revealed that people expect Mr Cameron to remain Prime Minister – even if they are not planning to vote for the Tories themselves. With the election going down to the wire, bookies have seen a flood of political bets. Gambling industry experts told MailOnline this year's general election to be the first in history with more than £100million placed on its outcome – three times the amount staked in 2010. The bookies Paddy Power said they are expecting the election to be the biggest non sporting market in its history – topping the market on the next Pope after Benedict's retirement and the flood of bets on the royal baby in July 2013. So far it has seen twice as much staked on the general election this year than at the same point last time. The largest bet placed with Paddy Power was a £50,000 punt on a hung Parliament which was made at the end of March with odds of just 1/5. The lucky punter would scoop £10,000 if neither party won a majority. Overall, the betting market is pointing to another hung Parliament but with the Tories as the largest party . The latest polls have the two main parties locked on around 35 per cent, pointing to another hung Parliament on May 7 . 3/1 Ed Miliband to be photographed eating another bacon butty . 16/1 David Cameron to get the average supermarket price of a pint of milk wrong by 10p or more . 10/1 Eric Pickles to be photographed visiting more than five chippies . 20/1 Royal baby to be born on general election day . While most of the bets have been placed on who will be the biggest party, there have also been a host of left-field punts. More than 100 bets have been placed on  Ukip becoming the largest party in the House of Commons – at odds of 100/1. If either party were to pull off the shock feat, the bookies would be forced to pay out more than £100,000. Overall, the betting market is pointing to another hung Parliament but with the Tories as the clear largest party. The betting suggests the Tories will win 285 sears, twelve ahead of Labour on 273 - with the Lib Dems finishing with just 25 MPs, Ukip 4 and the SNP 42. Despite the Lib Dems' struggles, Mr Clegg is still expected to stay on as the party's leader at the end of the year – with 80 per cent of bets on his future backing him to stay in place. The SNP, meanwhile, are being backed to triumph in Scotland – scooping 43 seats – while Ukip are only expected to win in four constituencies. Betting at another bookmaker Coral paints a similar picture. A spokesman for the bookmaker said the bets it had taken suggested that that the Conservatives will win 285 seats, with Labour finishing on 264. Coral is forecasting 45 seats for SNP, 27 for the Liberal Democrats and 7 for UKIP. Coral's Simon Clare said: 'This promises to be the most open, exciting and unpredictable General Election in history but we are putting our necks, and our odds, on the line with this Coral Election Forecast and are confident that it will prove a reliable guide to the outcome on 7th May.' Ladbrokes' forecast meanwhile shows the Conservatives ahead of Labour by just four seats. The map forecasts a total win of 278 for the Tories compared to 274 for Labour, with the SNP on 41 ahead of 30 for the Lib Dems and 3 for UKIP.
EXCLUSIVE: Punters  backing the Tories to finish as largest party .
Twice as many bets are being placed on the Tories to win over Labour .
One bookie alone has taken five bets for more than £10,000 on the Tories .
General election set to be the first to break the £100million betting barrier .