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12 May 2008

Punters Bet Brown Is On Way OutPunters Bet Brown Is On Way Out

Bookies William Hill say that 99% of the bets they have taken on whether Gordon Brown will or will not lead the Labour Party into the next General Election have been for him not to do so. And they have slashed the odds about him ceasing to be Prime Minister this year from 5/1 to 3/1.

"All we have been doing is cutting the odds about Gordon Brown failing to lead Labour into the next Election, and having at one stage been 8/1 that he would be gone before the next General Election, we are now offering just 6/5 about that happening." said William Hill's spokesman Graham Sharpe.

"In the last fortnight we have taken virtually no bets at all for him to be Prime Minister when the next polling day comes round."

Bookies are offering 8/13 that Mr Brown will still be Labour Leader on the day of the General Election.

Meanwhile, William Hill have slashed their odds about the Conservatives winning the Crewe and Nantwich by-election later this month from 2/7 to 1/6, with Labour's odds lengthened from 5/2 to 4/1, with the Lib Dems quoted at 14/1.

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