Lords Reform: The money goes on the Government avoiding defeat
Is this a case where the betting is predictive? The government is odds-on to avoid defeat in the Commons on the Lords’ timetable motion according to Ladbrokes. The book opened at an entirely level 5/6 each of two but all the money so far is against the defeat, forcing the price into 4/5. Those who think the government will lose can take bigger odds of evens. It also remains odds-on at 1/2 that no direct elections for the House of…