Monday, May 02, 2005

Punters defy polls to predict Labour crash

Interesting stuff this; a friend of mine has been convinced all along that Labour will suffer a cut in seats and end up with a 60/70 seat majority. It seems that the betting people of this country agree...

"Richard Glynn, chief executive of the spread betting company, Sporting Index, said: "Our betting markets are formed by considered views backed by money - not sentiment."

Punters are betting that Labour's majority will be as low as 60 seats. Few punters are backing a majority of more than 80 seats." Link


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