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26 May 2008

Gamble On Miliband To Oust BrownGamble On Miliband To Oust Brown

Bookies William Hill are seeing an old fashioned gamble on David Miliband to become the leader of the Labour party and are now 5/2 that he succeeds Gordon Brown.

"What started as a trickle has turned into a flood, 100% of wagers accepted on the next leader market have been for David Miliband. The last time we saw a gamble like this on a political leadership market it was for David Cameron and we all know what happened then." commented William Hill's spokesman Rupert Adams.

William Hill are now offering betting odds of 6/5 that Gordon Brown will not lead the labour party into the next General Election, for which the Conservatives are the 2/7 favourites. The bookmakers have also seen a nibble for the 12/1 on offer that the General Election will be before the end of 2008.

Victor Chandler (VC Bet) are also taking political bets are offering a free £100 bet when you open a new account.

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