Politics By Graham Sharpe

Big Benn Bets Gamble Adds To Corbyn Chaos

HILARY BENN is being well backed to succeed Jeremy Corbyn as Labour leader with bookmakers William Hill, who have cut his odds from 10/1 to 7/1 second favourite, while Corbyn has been slashed from 11/1 to 5/1 to stand down before the end of 2015.

Meanwhile, Labour's chances of retaining the Oldham West/Royton seat at this week's by-election have receded according to political punters who have caused William Hill to lengthen Labour's odds from 1/12 (stake £12 to win £1) to 4/11 (stake £11 to win £4), by placing a flood of bets on Ukip to win, causing their odds to be slashed from 6/1 (stake £1 to win £6) to 2/1 (stake £1 to win £2).

WHEN WILL CORBYN  STAND DOWN AS LEADER?....2015- 5/1; 2016- 5/4; 2017- 5/1; 2018- 10/1; 2019- 12/1; 2020- 7/1; 2021 OR LATER- 6/1

WHO WILL SUCCEED CORBYN AS NEXT ELECTED LEADER?....10/3 Jarvis; 7/1 Benn; 8/1 Watson; 9/1 Nandy; 12/1 Umunna; 12/1 D Miliband. Others on request.

OLDHAM WEST/ROYTON BY ELECTION....4/11 LAB (were 1/12); 2/1 UKIP (were 6/1); 100/1 CONS; 200/1 GREENS/LIB DEMS.

LABOUR SHARE OF VOTE?...Under 50%- 2/9. Over 50%- 3/1.