Bookies facing mammoth payout if Labour and Corbyn get power

oud.com/feed/odds-feed/getLadOdds.php?eventID=210933160&marketID=211645403&categoryID=8925&lang=en

Political punters are continuing to back a shock Labour win in next month’s general election, leaving us with a potential multi-million pound pay out, according to the latest odds. 

The odds of Jeremy Corbyn taking over at No.10 have been cut again to just 6/1 from 12/1 just a few days ago.

While the Tories remain strong favourites, their manifesto launch does not seem to have impressed punters.

Meanwhile, our political guru has reported “absolutely no reaction” to the May and Corbyn-less Leaders’ Debate last night, and their prediction for Liberal Democrat seats is now a new low of just 13.

Matthew Shaddick, Head of Political Betting at Ladbrokes said: “A Labour victory now looks likely to result in a significant redistribution of wealth away from our pockets to those of punters”

Ladbrokes Latest Betting:

2017 General Election

Most Seats 

Conservative – 1/25

Labour – 10/1

200/1 bar

Overall Majority

Conservative – 1/16

No overall majority – 12/1

Labour – 20/1

500/1 bar

PM on 1 July 2017

Theresa May – 1/16

Jeremy Corbyn – 6/1

66/1 bar

Keep checking back for the latest from our political betting team as the campaign trail unfolds.

And click here for the latest General Election odds.

All Odds and Markets are correct as of the date of publishing

oud.com/feed/odds-feed/getLadOdds.php?eventID=210933160&marketID=211645403&categoryID=8925&lang=en

Tags


William Geldart

William contributed to a number of online football blogs before finally finding his pot of gold at the end of the rainbow alongside the rest of the Ladbrokes News team. Now indulging passions for football, horse racing, greyhounds, boxing and political betting. Supports Wycombe Wanderers and can be spotted at various lower league and non-league grounds across the country.