Conservatives: Av u/o seats = 381.8 – 24hr change = +3
Labour: Av u/o seats = 162.8 – 24hr change = -1.3
Lib Dems: Av u/o seats = 28.2 – 24hr change = -2.3
Spreadex | Con 369-375 | Lab 170-176 | LD 28-31
Sporting Index | Con 371-377 | Lab 170-176 | LD 29-32
(2015 result | Con 330 | Lab 232 | LD 8)
So it’s not just the bastard Blairites in the Parliamentary Labour Party, the biased BBC, and the right-wing Mainstream Media that won’t give Corbyn a fair run. It appears that Billy Hills, Coral, and Ladbrokes also have it in for the leader of Her Majesty’s Loyal Opposition.
There was some fun to be had on twitter yesterday when it emerged that a branch of Momentum had urged its members to ‘put a tenner on’ Labour to win most seats or Corbyn to become PM such that the ‘odds will shorten’ and the anti-Corbyn narrative so remorselessly pedalled by the betting industry will shift.
If the Corbynistas did manage to lump on their man, it doesn’t seem to have done the trick. All our bookies have moved their lines on Tory seats up and revised the estimate on Labour seats down. Little movement either in the short odds for Tory most seats or outright majority.
It seems it’ll take more than Trot tenners to move the market and with the polls still handsomely favouring Mrs May I’m sure the bookmakers will be only too happy to take more money for Corbyn – it brings a whole new meaning to the ‘redistribution of wealth’.
Interesting to see that the major spread companies – Sporting Index and Spreadex – are now both down with seats markets. We’ll be keeping an eye on these as the campaign continues too.
There’s a consensus in evidence: Spreadex go 369-375 Tory seats and 170-176 Labour, SpIn 371-377 Tory and Lab, the same, 170-176. The spreads seem to have the parties a shade close together than the fixed odds line have it.