Betting on a Peterborough by election in 2019

Betting on a Peterborough by election in 2019

A 16% return in just over a month?

This market by Ladbrokes is not on the result of any potential by election but whether there will be one in 2019. The recall petition in Peterborough opens on Tuesday and ends on the 1st of May 2019 meaning this bet will pay out in a little over six weeks.

I think the nature of the conviction and claiming a salary whilst in prison would enrage voters in all circumstances. Coupled with the polarised nature of the country over Brexit now matter how she votes (or abstains) on Brexit she’ll annoy voters which might see a few more signatures collected.

The dynamics of North Antrim clearly don’t apply here where the first ever recall process occurred but insufficient signatures were received to trigger a by election. With both parties urging the convicted criminal¬†Fiona Onasanya to stand down as an MP so I think the threshold of 6,967 signatures to trigger a by election will be reached.

If you want to understand how the recall process works click this link.



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