No overall majority becomes joint favourite with a LAB majority on Betfair’s general election market
A LAB majority no longer the favourite on Betfair’s General Election market. Data based on latest matched bets twitter.com/MSmithsonPB/st…
— Mike Smithson (@MSmithsonPB) December 6, 2012
LAB slips out of the top slot
The above show the latest prices matched on the three main options on Betfair’s general election markets.
This marks something of a change because over the past few months Labour has been favourite with the price reaching a 41%.
Note that I am converting Betfair decmimal odds into percentages imply because I think that it is clearer that way.
Given the current polling pointing to a LAB landslide you’d have expected the party’s price to be much higher.
Mike Smithson
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