Tag Archives: UK General Election

Betfair – Labour hits lowest General Election price as market hits £6 million

SBC News Betfair - Labour hits lowest General Election price as market hits £6 million

The Labour Party has hit its shortest price of 15/1 since the snap call for a UK General Election (8 June). The opposition party makes its comeback as the latest YouGov election polls have the Conservative Party ahead by a 9-point lead. Betfair Politics maintains the Tory as 1/18 market favourite (94% chance of winning) to maintain its government. Updating …

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William Hill – Labour publishes its ManifestNO but Corbyn is still being backed to remain as party leader

SBC News William Hill - Labour publishes its ManifestNO but Corbyn is still being backed to remain as party leader

Yesterday’s official publishing of the Labour Party Manifesto, has done little to convince political punters that Jeremy Corbyn is the man to back for the 2017 UK General Election (8 June). Issuing a market update this morning, bookmaker William Hill has revealed that betting on the Tories is currently outmatching Labour wagers by 10:1. Guided by the strapline “For The …

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Bookmakers fail to call UK General Election result

SBC News Bookmakers fail to call UK General Election result

The betting market’s reputation as the best political outcome poll/indicator has taken a bit of a beating,  with the Conservative Party winning a slight majority after yesterday’s General Election. Throughout the build up to the 7 May General Election, political betting markets had favoured a Hung Parliament which would be led by a Labour Minority. Bookmakers William Hill, Coral and …

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Short sellers target weak Ladbrokes

SBC News Short sellers target weak Ladbrokes

The Daily Telegraph has reported that several hedge funds have ramped up their bets against Ladbrokes Plc, ahead of the 7 May UK General Election. The newspaper reports that the proportion of shares out on loan, a metric for short-selling has risen by 8.9%, the highest Ladbrokes has seen since October 2013. At present Ladbrokes are the seventh most shorted …

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Betfair launches ‘UnSpin’ app the political jargon buster

SBC News Betfair launches 'UnSpin' app the political jargon buster

With the political campaigning and inevitable spin hotting up,Betfair has created ‘Unspin it’, an app designed to unpick the political language of misdirection and misinformation. Betfair’s ‘Unspin it’ app light-heartedly solves the problem by using a three stage process allowing consumers to choose the topics they want to hear about from specific politicians. A fruit machine style device appears with 3 …

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Betfair launches Betfair Predicts UK General Election monitoring app

SBC News Betfair launches Betfair Predicts UK General Election monitoring app

Betfair has announced the launch its special Betfair Predicts app, which will aim to show how the Betfair Exchange  is monitoring the UK 2015 General Election. The app has been developed and designed by Betfair partner technology development firm Grand Parade. Betfair’s Exchange has a track record of calling political outcomes correctly; most recently calling a “No” vote at the …

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