Smarkets Shadow Chancellor	Odds	Potential Win
Ed Balls	55.00%	£10 wins £18
Yvette Cooper	42.00%	£10 wins £23
Any other Labour MP	28.00%	£10 wins £35
Andy Burnham	20.00%	£10 wins £50
Alan Johnson	9.00%	£10 wins £111
Liam Byrne	5.00%	£10 wins £200

Smarkets Foreign Secretary	Odds	Potential Win
Andy Burnham	30.00%	£10 wins £33
Any other Labour member	26.67%	£10 wins £37
Yvette Cooper	25.00%	£10 wins £40
Hilary Benn	22.00%	£10 wins £45
Ed Balls	20.00%	£10 wins £50
Alan Johnson	10.00%	£10 wins £100
Sadiq Khan	10.00%	£10 wins £100
Shaun Woodward	5.00%	£10 wins £200

Smarkets Home Secretary	Odds	Potential Win
Andy Burnham	39.00%	£10 wins £25
Sadiq Khan	36.00%	£10 wins £27
Any other	30.00%	£10 wins £33
Ed Balls	28.57%	£10 wins £35
Douglas Alexander	24.00%	£10 wins £41
Yvette Cooper	18.00%	£10 wins £55
Alan Johnson	15.00%	£10 wins £66
John Denham	10.00%	£10 wins £100
Hilary Benn	5.00%	£10 wins £200
Peter Hain	5.00%	£10 wins £200
Shaun Woodward	5.00%	£10 wins £200

Who’s going to get the top shadow jobs?

What a day and with so much now being resolved we can focus on who is going to get the top jobs in Ed Miliband’s team following the shadow cabinet elections.

What’s voted upon is who should be in the shadow cabinet NOT which portfolio they should hold. That is decided by the leader.

And for me the most striking story of the day has been EdM’s sacking of veteran MP and uber-loyal Brownite, Nick Brown as chief whip.

What this says is that now he’s been elected he’s very much his own man and my sense is that those of his generation, those in their late 30s and early 40s, might do well. I’m betting that Ed Balls won’t be shadow chancellor.

Smarkets have a good range of markets and the betting exchange seems to be attracting more business and, with it, more liquidity.

Mike Smithson