Jeremy Corbyn is now just 4/1 to become Prime Minister, following last night’s televised Q+A.
The Labour leader is now half of the 8/1 he was initially priced up at when the Election was called.
Despite facing a grilling from Jeremy Paxman in last night’s live debate, the odds suggest the momentum is firmly with Labour.
The Conservatives, once 1/50 to claim the most seats, have now seen those odds reach 1/12.
Conversely, Labour are now 6/1, in from 16/1.
Matthew Shaddick, Head of Political Betting at Ladbrokes said: “Punters continue to pour support behind Jeremy Corbyn and we’re regularly seeing five figure bets on him becoming PM come 9 June.
“More worryingly for Theresa May and the Conservatives, their projected majority is now 110, that’s down from 150 only 10 days ago.”
Ladbrokes Latest Betting
2017 General Election
Conservative – 1/12
Labour – 6/1
Conservative – 1/6
No overall majority – 7/1
Labour – 12/1
PM on 1 July 2017
Theresa May – 1/8
Jeremy Corbyn – 4/1
All Odds and Markets are correct as of the date of publishing