The Upside of Having No Government

Normally I limit myself to punting on football- it always appears to offer me some hope due to the inevitability of certain results, but after a profitable nights plunder on the Scottish seats market, a further venture into the world of political betting is in order. Thank you Mr. Murray in Edinburgh South by the way. A 6/1 winner when the wine ran out and the eyelids were getting heavy was a fine way to end the evening.



Newly elected Labour MP Ian Murray(left)with outgoing sex scandal MP Nigel Griffiths. Murray held Edinburgh South for Labour in one of last nights upsets. Labour confounded all expectations by taking a seat which had a dramatic increase in postal voting during the run up to the UK poll.


I have no inclination to put my winnings on the line in a late-night Brazilian Serie B match or the like this evening, but I have picked up on a cracking wee wager with very little downside. Take David Cameron to be Prime Minister on June 6th at 1/3(1.33) with Ladbrokes and cover it with a punt in the Next Government market with Paddy Power where a Lib-Lab coalition is available at 6/1(7). Barring another Election, Belgium style negotiation, or establishment England throwing an unforeseen wobbly when they realize that the balance of power will possibly be held by The SNP and Plaid, these are the only two likely scenarios.

If you place %84 of your wager on Cameron at 1/3(1.33), and %16 on Lib-Lab at 6/1(7), then you get a return of %12. Not bad for a month long investment all considered. The bookie is probably as safe a place for your cash as any these days. I found it ominous that that the falling market and flight from sterling featured so little in the electoral coverage. Tick-Tock.

Prices correct at time of writing