A couple of general election betting markets

A couple of general election betting markets

Next GE

Ladbrokes have a market up on if the Tory or Labour share of the vote will rise or fall at the next general election. On the Tory front it is no bet for me simply because whilst the Tory party is doing well at the moment the Brexit negotiations do have the potential to tear asunder the Tory Party like the Corn Laws did a couple of hundred years ago, which could potentially boost UKIP.

On the Labour front if Jeremy Corbyn remains Labour leader at the next general election, then the 4/6 seems the best option, even if pay out is nearly four years away, however the only way I can see Labour’s share of the vote rising at the next election is if Jeremy Corbyn isn’t the leader and he isn’t replaced by someone from the Corbynite left.

In that case, it might be more prudent to wait until the bookies open up their markets on ‘Labour leader at the general election’ markets where there could be potential value.

TSE

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