£36,000 Tory Wager Following Local Labour Losses
Following the local council elections, the Conservatives were the beneficiaries of Labour losing more than 100 seats and William Hill are offering 1/12 that they win a majority at the General Election next month. However, the restrictive price has not put punters off with one wager of £36,000 (to win £3000) coming in at 9:15 on Friday morning from an online customer in Fulham.
Labour’s odds of gaining a majority are 14/1.
“Whilst a Conservative majority looks relatively unbackable to your average punter, the big bets have started to come out of the woodwork with one punter in Fulham this morning risking £36,000 to join our countless other five figure wagers, including one of £70,000,” said William Hill spokesman Joe Crilly. “It’s an oft used term but people really do see a Tory majority as ‘buying money’.”
Many are suggesting that Labour’s losses could be a direct response to the leadership of Jeremy Corbyn and he is 7/4 to no longer be leader on 9th June.
General Election betting: 1/14 Conservative majority; 8/1 no overall majority; 14/1 Labour majority; 50/1 Liberal Democrat majority; 150/1 UKIP majority
Will Jeremy Corbyn be Labour leader at 23:00 on 9th June: 2/5 still leader; 7/4 no longer leader.
Further information…Joe Crilly…07850518164 / 02089183746