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News, gossip and insight from PoliticsHome Editor Paul Waugh
Monday 18th February 2013 | 16:38
Lib Dem odds narrow
Is the Lib Dem get-out-the-vote operation set to suffer from a perception that the party will win in Eastleigh?
As even the party's own leaflets describe their man as the 'front runner', William Hill have now cut their odds* as favourites.
A rash of bets has forced the bookes to cut their odds from an opening 6/4 to their current odds of 4/9 clear favourites. The Lib Dems have attracted 28% of all bets so far laid.
The Conservatives were the original favourites, at 1/ 2, but their odds have drifted out to 2/1 second favourites with Hills who say 21% of all bets struck have been for them.
Hills make Labour 16/1, having opened at 100/1, and they have been the subject of 27% of all bets struck, with UKIP attracting 20% of bets and currently offered at 25/1, having opened at 100/1.
*FOOTNOTE:
Then again, at least these are all smaller bets. I recall one individual laid a huge bet on Chris Huhne to win the Lib Dem leadership against Clegg. As a result, Huhne's odds were cut - and his campaign got some momentum. Which in turn cut his odds. Etc Etc. Word was that the individual who kicked off the whole cycle was...a rich admirer of Huhne's.
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