The Last of the Election Tips

This post was written by Jacob on May 5, 2010
Posted Under: Uncategorized

Ok, so I’m making a few more bets on the election today. And here are the details:

1) I have hada fair bit of money on there being a hung parliament. I still think this is the most likely outcome, but in recent days there has been some speculation of a slim tory majority. Strangely, though, I could get 3.65 on the tories to get between 325 and 349 seats. So, while I am set to win £50 if there is a hung parliament, I can hedge my bets here with £10 on the tories to take these seats. The point of this bet is that I don’t actually lose any money if the tories get that slim majority but in the process I only make £10 less on my hung parliament bet if that comes in. The odds here are long, so I recommend this as a way to secure bets if you’re feeling edgy.

2) The odds on the lib-dem totals are all looking really long. I’ve put down £30 at varying odds to say they will get between 80 and 100 seats. At the very minimum I am getting about 2/1 here, which are strong enough odds for me in this market. I am currently figuring that I run a greater risk of them getting just under 80 seats, and may well put a bit of money on that later depending on what tonight’s polls look like, but for the moment these bets look quite good.

3) I’m not a massive fan of respect, but I guess it would be quite fun to see them win that seat in Birmingham. I reckon it will probably go lib dem, so I’ve put £20 on that giving me a £11 profit if they get in, and I’ve stuck a £10 bet on the respect at 6.8 to take the seat. So, I don’t make any money if the lib dems get in, but don’t lose any if Respect takes the seat. If they do take the seat I’m looking at £50 profit. Anyhow I reckon Respect will take enough Labour votes that it will mean Labour won’t be getting in here.

I’ll probably put a few more bets on throughout the day, depending on how I’m feeling.

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Reader Comments

Salma is on course for a win along with Caroline Lucas, fingers crossed.

Labour in Hall Green have put out a leaflet with Salma and Stalin photos, sounds desperate, so if not Salma could be lib dem….but hopefully Salma.

Caroline Lucas and Salma are backing each other and are backing me (nice to be back by two women leaders) although I am not perhaps sweeping to victory in Windsor.

Written By Derek Wall on May 5th, 2010 @ 7:26 pm

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