THE General Election is set to become the biggest political betting event ever' predict bookmakers William Hill. 'This General Election is the first Political Grand National, with wide open betting on any number of potential outcomes, and punters we've never known to bet on politics before rushing to back their fancy' said Hill's spokesman Graham Sharpe.
'The level of betting interest in politics was shown to be at record levels when William Hill alone took £3.25m on the outcome of the Scottish Referendum, setting a new highest total for any political event, and with one client already staking the biggest General Election bet ever of £200,000 on a Hung Parliament we are anticipating a new record turnover, with the industry seeing an eight figure sum gambled on politics for the first time' added Sharpe.
Despite a high profile call for a crackdown on corporate tax evasion, the Liberal Democrat chief secretary to the treasury may soon be in no position to do anything about such matters, as bookmakers William Hill are making him something of a longshot to retain his Inverness,Nairn,Badenoch,Strathspey constituency at the General Election, quoting him at 7/2 (stake £2 to win £7) to come out on top, while the SNP have been installed as hot favourites at odds of 1/6 (stake £6 to win £1) to capture the constituency.
'Danny Alexander is currently fifth favourite to succeed Nick Clegg as Lib Dem leader at 10/1, but we don't think much of his chances of even remaining an MP after the General Election' said Hill's spokesman Graham Sharpe.
Meanwhile, Alexander's current leader, Nick Clegg is 2/5 (stake £5 to win £2) to hold his own Sheffield Hallam constituency - but William Hill reckon the SNP, starting from a base of six seats, are
likely to end up with more seats than the Lib Dems, who currently boast over 50. 'We make the SNP 1/4 favourites to have more seats than the Lib Dems after the Election' said Hill's spokesman Graham Sharpe, 'And Ukip are 2/7 to receive more votes than the Lib Dems.'
DANNY ALEXANDER to retain his seat: 7/2
NICK CLEGG to retain his seat: 2/5
MORE SEATS- 1/4 SNP; 7/2 Lib Dems; 9/1 Tie
MORE VOTES- 2/7 UKIP; 5/2 Lib Dems
NUMBER OF Lib Dem seats at General Election: 6/4 21-30; 5/2 31-40; 11/4- 11-20; 9/1 0-10; 10/1 41-50; 16/1 51 or more.
GENERAL ELECTION OUTCOME...1/5 Hung Parliament; 4/1 Con-LD Coalition; 9/2 Coalition involving SNP; 9/2 Con minority govt; 5/1 Labour minority govt; 11/2 Con majority; 11/2 Lab-LD coalition; 7/1 Coalition involving Ukip; 9/1 Lab majority; 20/1 Coalition involving Greens; 33/1 Con-Lab coalition; 50/1 Ukip majority; 500/1 Lib Dem majority.
TO BE LARGEST SINGLE PARTY....8/13 Conservatives; 5/4 Labour; 33/1 Ukip; 400/1 Lib Dems.
BORIS JOHNSON ODDS...To be next Tory leader: 9/4......To be NEXT Prime Minister.....6/1....To be Prime Minister on or before Dec 31, 2020- 6/4 Yes; 1/2 No.
UKIP seats: 0- 11/1; 1-2 7/2; 3-4 7/2; 5 or more- 4/7
MOST SEATS? 1/4 SNP versus 7/2 Lib Dems; 9/1 Tie.
Further information...graham sharpe...0780 3233702