Political Betting
October 11, 2007
Well what a couple of weeks this has been in the political world, all being kicked off by the Conservative Conference, and in particular David Cameron’s speech. This week Labour have had another battering after the Pre-Budget report. All this has fueled a number of special bets being placed at bookmakers and at the exchanges.
After much speculation, the Prime Minister finally announced that there would be no snap election this year, and in fact has stated in interviews that it is highly unlikely that there will be an election next year either. The bookies have given these odds for the year of the next election:
Check the Latest Odds
If you would like to speculate as to who will win, then the bookies are favouring Labour at the moment. Though I guess could all change as we get nearer to an election. The latest odds on offer from the bookies are:
- Labour 8/11 Ladbrokes
- Conservatives 11/8 Skybet
- Lib Dem 100/1 Blue Square
Check the Latest Odds
As to the party leaders, William Hill are offering odds as to whether Gordon Brown will last in office longer than Tony Blair, though the odds are very short that he will (1/100), though if you think he will you can get 16/1.
If like me you think that the next election will be at least 2 years off, then you might want to bet on an election which will definitely be happening sooner. The American Presidential Election will take place next year (2008), George bush is out of the running as Presidents can only serve two consecutive periods of office, so who does that leave?
In America, there are three main parties, the Democrats, Republicans and Independents. The odds for the winning parties are Democrats 1/2 (VC Bet) Republicans 2/1 (Ladbrokes) and an Independent winning 25/1 (VC Bet) - Check latest odds.
As to who the next president will be the field is still open, and the latest odds look like this:
