Backing Labour to win the popular vote on June 8th

Backing Labour to win the popular vote on June 8th

A 5% return in less than four weeks?

William Hill have a market up on who will win the popular vote without the Tories. With the SNP standing in only Scotland, then finishing second  in the popular vote is impossible unless turnout somehow craters in the rest of the United Kindgom, so that’s not an option. UKIP winning this bet is very unlikely given they are standing 254 fewer candidates than Labour and in some polls are down to 3%. Others such as the Greens, Plaid, or the other parties are also very unlikely given the lack of candidates they have standing.

If you think the Lib Dems think are going to win this bet you might find better value in the constituency markets, but given the  state of the national polling, where in some Labour are polling four times the Lib Dems share, and Tim Farron’s lacklustre performances, epitomised by the farrago over gay sex being a sin, I’m not keen on backing the Lib Dems winning here.

You might be able to find better odds by backing Labour in safe seats, for example Leeds East where Labour has a majority of 12,533,  is a 1/9 return were Labour to win it on June 8th. But then in the past week it has been said the Tories have been targeting Leeds East, which is Labour’s 77th safest seat.

My two predictions for this election will render UNS redundant, and the definition of a safe Labour seat will be radically redefined after June the 8th, so that’s why I’m backing this William Hill bet rather than going down the individual constituency markets, but I will understand if others go for the opposite approach to me, or why they will swerve this bet entirely, as this effectively a bet on Jeremy Corbyn not being as dire as some fear he might be.

TSE

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