Politics By Graham Sharpe

Corbyn Will Win - But Labour Won't Before 2031

JEREMY CORBYN was given 1/100 (99% chance) odds by William Hill to defeat his opponent Owen Smith, a 16/1 shot, in the Labour leadership contest. The odds equate to staking £100 to make a profit of £1.

And Hills make him odds-on at 8/13 (61%) to win by a margin of at least 24% by gaining 62% or more of the votes cast – he is 6/5 to fail to do so.

'All of the serious money staked from a £60,000 bet downwards, has been for a convincing Corbyn victory' said Hill's spokesman Graham Sharpe.

Meanwhile, William Hill are still betting on who will eventually succeed Corbyn as the next elected Labour leader, and offer 8/1 Owen Smith*; 9/1 John McDonnell; 10/1 Clive Lewis; 12/1 David Miliband; 16/1 Dan Jarvis; 16/1 Tom Watson; 20/1 Hilary Benn;  Andy Burnham; Lisa Nandy; Keir Starmer; 25/1 Yvette Cooper; 25/1 Chuka Umunna.

*Bets on Smith in this market will stand if he loses v Corbyn in current vote.

WHEN WILL LABOUR NEXT WIN AN OVERALL MAJORITY AT A GENERAL ELECTION?.....7/4 2031 or later; 9/4 2021-25; 11/14 2026-30; 9/1 in or before 2020.

NEXT GENERAL ELECTION RESULT: 10/11 Tories overall majority; 6/4 Hung Parliament; 5/1 Labour overall majority.

WHEN WILL NEXT G.E. TAKE PLACE?.....5/6 2020; 9/4 2017; 6/1 2016; 12/1 2018; 14/1 2019.

Further information.......Graham Sharpe....0780 3233702