Four days after the General Election we still have no new Government and Prime Minister in the UK. Nick Clegg has said he wants to reach a deal with the Tories “as soon as possible” as his team meets the Conservatives’ negotiators at the Cabinet Office.
So what does this mean for the betting markets?
David Cameron has shortened to just 1/6 to be in Downing Street on June 6. Gordon Brown‘s efforts to remain in power appear to be on the slide – and the bookies have pushed his odds out to 6/1. And punters are confident that Cameron can complete the necessary negotiations to see him finally take power.
David Williams of Ladbrokes said: “Amidst all the uncertainty punters seem certain of only one thing – and that is the firm belief that Cameron will be in Downing Street within the month.”
The odds have drifted out to 7/4 (from 6/4) on another General Election being called this year. And the odds have halved to just 4/1 (from 8/1) that the next trip to the polls will come in 2012.
David Miliband remains the red hot even money favourite to replace Gordon Brown as the next leader of the Labour party.
Who will be PM on 6 June?
1/6 D Cameron (from 2/11)
6/1 G Brown (from 11/2)
7/1 D Miliband
14/1 A Johnson
20/1 A Darling
25/1 N Clegg
When will the next General Election take place?
7/4 2010 (from 6/4)
7/4 2011
4/1 2012 (from 8/1)
10/1 2013
10/1 2014
10/1 2015
William Hill think Gordon Brown will be gone by Wednesday….
WITH GORDON BROWN still clinging to power, William Hill now offer 1/3 that he will announce his resignation as Prime Minister before Wednesday and 9/4 that he will still be in office when that day begins. ‘Mr Brown’s days as PM look numbered, but he appears in no rush to depart’ said Hill’s spokesman Graham Sharpe.
WILLIAM HILL OFFER 2/5 THAT THE TORY-LIB DEM AGREEMENT WILL LAST UNTIL AT LEAST MIDNIGHT ON DECEMBER 31, 2010; AND 7/4 THAT EITHER LEADER WILL END IT BEFORE THEN. ‘It is important for both Party Leaders that their agreement proves durable or their own standing and judgement are bound to be called into question.’ said Hill’s spokesman Graham Sharpe.
WHEN WILL WE DO IT ALL AGAIN? William Hill…year of next General Election….7/4 2010; 2/1 11; 7/2 12; 10/1 13; 10/1 14; 12/1 15
WHO WILL BE NEXT LABOUR LEADER…Evens David Miliband; 7/1 Alan Johnson; 8/1 Ed Balls; Ed Miliband; Alistair Darling; 12/1 Peter Mandelson; Harriet Harman.
Political Betting Podcast….








See Guardianistas predicting Cam in No 10. May be right. They predicted Brown out of No 10 in ’09. And ’08. 3rd time lucky?