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Tory landslide odds halved with bookmakers

By Matt | July 7, 2008

William Hill has halved its odds on the Conservative Party winning a landslide at the next General Election as Gordon Brown’s Labour Party lurches from one crisis to the next.

The current government’s unpopularity with the country is illustrated by the fact Hills have cut the odds on the Tories winning 375 or more seats at the next election from 5/1 to 5/2.

David Cameron’s Conservative Party is 1/4 favourite to win the next General Election outright, with Labour being quoted at 11/4 – their longest odds since winning power in 1997.

The bookies make Labour joint favourites with the Scottish National Party to win the Glasgow East by-election, but are having to search for a candidate to stand in what should be one of their safest seats in Scotland.

The bad news for the Labour Party is worse for Gordon Brown personally, as shown in Hills’ other political betting markets. The former Chancellor of the Exchequer has been shortened from 3/1 to 11/10 to leave office during 2008, and is also 5/6 not to lead Labour into the next General Election.

Topics: Political betting