What’s behind the by-election betting moves?
Why are punters moving away from Labour?
As one or two people reported on the previous thread there’s been a lot of movement this evening on the Old & Sad market on the Betfair betting exchange.
The above screen shot was taken at 2148 and shows that the last price traded on Labour was 0.58/1. A week ago it was at 0.18/1.
At the same time the price on the Lib Dems has moved in sharply.
The question is whether this is based on some information. Who knows? But a number of people seem ready to be ready to bet against Labour tonight.