As the Labour leadership race enters its last full month of campaigning with ballots sent out to party members on 14 August, UK bookmakers have placed far left candidate Jeremy Corbyn as frontrunner to win the party leadership. Corbyn who did not register with many bookmakers as a contender for party leadership in May, leads bookmaker markets at 6/4, followed …
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Bookmakers slash odds on Jeremy Corbyn winning Labour leadership
UK political betting markets have slashed the odds of far-left candidate Jeremy Corbyn becoming the next Labour Party leader. This week political magazine the New Statesman noted that polling by two independent agencies placed the party veteran at the head of the leadership race. Corbyn MP for Islington North has emerged as a surprise candidate for UK bookmakers, when the …
Read More »William Hill refunds fox hunting wagers following vote postponement
William Hill has confirmed that it has refunded all bets on the fox hunting vote that was due to take place this week, after the government postponed it until at least the Autumn. “The voting landscape in the Autumn could be very different with Scottish MPs potentially having less influence on English laws. The SNP has scuppered Cameron’s calls for …
Read More »Bookmakers fail to call Greek Euro Referendum
2015 has not been kind to UK bookmaker’s ambitions to be the best political indicator, as for the second time this year betting markets have failed to call a political outcome correctly. Last week UK bookmakers favoured a YES verdict on Sunday’s Greek referendum. A confident Paddy Power who had offered 2/7 for a Greek Yes, announced that it paid …
Read More »UK bookmakers revise odds on EU referendum
Following this May’s outright UK General Election win by the Conservative Party, UK political debate and commentary has shifted to the nation’s referendum on European Union (EU) membership. Since gaining his re-election Prime Minister David Cameron has made the EU referendum top of the Conservative agenda. The referendum was a key objective of the Conservatives 2015 General Election campaign, however …
Read More »Warren Lush – Who had a good General Election?
A week after the country discovered that its next government was a Conservative majority one, independent consultant Warren Lush takes a look at how the election campaign played out for bookmakers. The dust has now settled on the UK 2015 General Election…well I suppose you could say that! How did the bookmakers fair and which companies can claim the campaign …
Read More »Five ways to view the General Election from a punter’s eyes
Andy MacKenzie, Marketing Communications Manager for sports and financial betting company Spreadex – the only bookmaker to offer fixed odds and spread betting from one account, sees what markets are available for the political punter. For most people, the General Election on May 7th will be a case of considering important issues such as education, immigration, the NHS and austerity …
Read More »Lords debate restrictions on B2 Gaming Machines
Fixed odds betting terminals have been debated in the House of Lords, with the usual mix of hot air and in-depth analysis that has come to be frequently parodied of the UK’s second legislative house. The whole discussion has been kicked off by Lib Dem Peer Lord Strasburger, despite the fact he doesn’t appear to know what the existing stake …
Read More »A willing heart will do the magic in Nigeria
Johnson Adewale Foye, Head of Operations at HSL Gaming Network Limited which runs Gobet3000, believes that sports betting can be a source of positive change in Nigeria. Nigeria seems to be a country with a mono-economic structure because we almost solely depend on the harvest we make from our crude oil export. The nation’s budget is usually aligned or backed …
Read More »Lib Dem MP wants £2 maximum stake on FOBTs
One of the senior Liberal Democrat MPs has announced that he wants to see B2 Gaming Machines, commonly known as FOBTs, to be reduced to £2 a go. Manchester Withington MP John Leech has called on the government, of which his party is a coalition partner, to go much further with their current proposals on gaming machines and reduce the …
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