Spread markets. 0700 General Election day May 2010
As we all remember LAB came out with 258 seats so those punters who placed spread bets on Gordon Brown’s party on election day five years ago did very nicely indeed. A Â£50 buy bet on LAB with SPIN on the morning of the 2010 general election would have been at a level 39 seats below what happened. So the profit would have been 39 times Â£50. Not bad.
Overnight spread prices
— Mike Smithson (@MSmithsonPB) March 13, 2015