Under Orders For £25M General Election Gamble
William Hill expect the announcement of the date of the General Election to spark a political betting bonanza of up to £25million.
'It would be fitting for the General Election to come under orders in the same week as the Grand National, the biggest betting event of the year, will take place - as this General Election is a certainty to produce the biggest ever political betting turnover, with some £25million set to be riding on the outcome' said Hill's spokesman Graham Sharpe.
William Hill also offer 3/1 that we will have to go to the polls again before the end of the year.
William Hill have cut their odds for the Conservatives to win the next General Election with an overall majority from 8/11 to 8/13, and lengthened the odds for a Hung Parliament from 11/8 to 6/4.
Labour are out from 13/2 to 8/1 to win with a clear majority and the Lib Dems 300/1. 'With the polls putting the Conservatives back into a healthy lead, punters have finally begun backing the Tories seriously again for the first time this year' said Hill's spokesman Graham Sharpe.
Gordon Brown is 3/1 to be PM in a minority government, with David Cameron 10/3 to end up likewise.