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Jon Riley 21st May 2011 - 6:59

Christine Lagarde favourite to become IMF boss

Christine Lagarde of France is now Even money favourite with bookmakers William to succeed Dominique Strauss-Khan as permanent head of the IMF, having been a 20/1 outsider when betting began.

‘Over half of all the bets we have taken so far have been for Christine Lagarde and she is now hot favourite - although there has also been significant support for South Africa's Trevor Manuel who has been halved in odds from 10/1 to 4/1 joint second favourite, and for India's Montek Ahluwalia. Kemal Dervis was well supported but has reportedly suggested he won't become a candidate' said Hill's spokesman Graham Sharpe.

'These type of markets tend to be quite volatile in their early days as people rule themselves in or out of the running.'

Gordon Brown has yet to attract any serious bets and his odds have been shunted out from 8/1 to 20/1, while Hills also report money for 50/1 shots Peter Mandelson and Alistair Darling.'Mr Brown appears to be busily failing to rule himself out of the running, but there is no betting support for him at all'

To be next permanent boss of IMF....Evens Christine Lagarde; 4/1 Kemal Dervis; 4/1 Trevor Manuel; 7/1 Montek Ahluwalia; 10/1 Tharman Shanmugaratnam; Peer Steinbruck; 12/1 Philip Hildebrand; 14/1 Mark Carney; 20/1 Gordon Brown; 33/1 John Lipsky; Axel Weber; 50/1 A Darling; P Mandelson; Others on request.




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