Hamish Macdonell - take the short odds
ONE punter has decided that even the short odds from Ladbrokes on the next election are too good to miss.
But given the performance of the markets, maybe it is not such a bad shout. The unnamed gambler has put £9,500 on there being a General Election next year - at 1/5.
Given that the Prime Minister has to call an election by the middle of next year anyway, all the punter is doing is betting that Gordon Brown is too cautious to call a snap election this year which, given his past form, is probably a good bet.
Ladbrokes also offer the Conservative Party at 1/6 to win most seats, with the Labour Party available at 4/1.
The Tories are 4/7 to secure an overall majority.
ends
But given the performance of the markets, maybe it is not such a bad shout. The unnamed gambler has put £9,500 on there being a General Election next year - at 1/5.
Given that the Prime Minister has to call an election by the middle of next year anyway, all the punter is doing is betting that Gordon Brown is too cautious to call a snap election this year which, given his past form, is probably a good bet.
Ladbrokes also offer the Conservative Party at 1/6 to win most seats, with the Labour Party available at 4/1.
The Tories are 4/7 to secure an overall majority.
ends
Labels: date of General Election, Gordon Brown, Hamish Macdonell, Ladbrokes, punter
posted by Administrator at
11:29
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