SNP Coalition Odds Slashed
BOOKMAKERS William Hill have responded to the rise in SNP poll ratings, and political punters backing the Party to be part of a coalition government as a result of the General Election by cutting the odds for that to happen from 9/2 to 7/2 - now making that the most likely government to be formed in the event of a Hung Parliament outcome.
'With the SNP apparently going from strength to strength and being tipped to take some 50 seats, the chances of them being involved in a coalition appear to be increasing significantly- and that is the way many of our clients are betting' said Hill's spokesman Graham Sharpe. Hills now offer just 2/1 that the SNP will end up with 51 or more seats, and make them 5/6 joint favourites to win the Kirkcaldy seat Gordon Brown is vacating - the same odds as Labour are to retain it.
However, Hills have also taken a bet of £2000 from a Leeds-based betting shop customer for a Conservative majority at the Election, and have cut the odds about that outcome from 11/2 to 9/2.
**WILLIAM HILL have cut their odds for David Cameron and Ed Miliband both to be involved in the same TV election debate from 11/8 to 6/5, and have lengthened the odds about such a thing NOT happening, from 8/15 to 8/13.
WILLIAM HILL ODDS: GENERAL ELECTION OUTCOME...2/9 Hung Parliament; 7/2 Coalition involving SNP; 4/1 Con-LD Coalition; 9/2 Con minority govt; 9/2 Con majority; 5/1 Labour minority govt; 13/2 Lab-LD coalition; 7/1 Coalition involving Ukip; 12/1 Lab majority; 20/1 Coalition involving Greens; 33/1 Con-Lab coalition; 50/1 Ukip majority; 500/1 Lib Dem majority; 25/1 any other outcome.