Ladbrokes offer TWENTY-1 against May as PM #GE2017

‘You never meet a poor bookie’ – that’s what this writer’s dad, an avid horse-racing punter – used to say as he brought home his latest list of bets. So today’s move by betting giant Ladbrokes might just be the most significant ‘poll’ there has been in this General Election.

Ladbrokes were offering massive odds of 20/1 against Theresa May being Prime Minister on Friday morning:

ladbrokes

Now, this was a ‘special’, time-limited offer – but Ladbrokes is not going to be looking to give away potentially huge amounts of money.

There are two realistic reasons that spring to mind for this offer: either Ladbrokes know something and are looking to draw in easy money – or they’ve had a flood of bets on Corbyn to be Prime Minister and are looking to offset the risk.

The first reason suggests the Labour surge is bigger than any TV pundits and presenters will admit. The second suggests that the public thinks Corbyn is going to win and those inclined to bet are putting money on it.

Either reason is encouraging for Labour supporters and anyone who wants the Tories out of office.

But of course, we’ll only know for sure in the early hours of Friday – so let this news intensify your determination to vote and to ‘get out the vote’ tomorrow.

The country needs Ladbrokes to be right – and you to help.

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7 responses to “Ladbrokes offer TWENTY-1 against May as PM #GE2017

  1. Yes, that’s the most important message – that we don’t read this as confirmation of a Labour victory. It ain’t over ’til it’s over…

    Crappy weather but make sure you get out and vote today! 😁😁😁

    Like

  2. “There are two realistic reasons that spring to mind for this offer: either Ladbrokes know something and are looking to draw in easy money – or they’ve had a flood of bets on Corbyn to be Prime Minister and are looking to offset the risk.”

    ‘Fraid not Skwawky. I’m afraid it’s a non-issue, this. I’m not having a go at you – but Ladbroke’s will be made up with the (unintended) plug.

    It’s another one-off offer for new customers. ‘Winnings’ are paid as free bets. Then you have to win £hundreds off those ‘free bets’ before they’ll pay out. They all know how unlikely that is.

    Happened to a lad I know. Got way over the odds for a gee-gee on one of these offers, it won, then he got told he had to have £00’s in his account (from winnings) before they’d ‘honour’ the (original) bet.

    But that’s how they rope you in – with the encouragement of HM (tory) Govt – who they’ve lobbied constantly – and as a result have seen the proliferation of bookies on high streets, with their fixed odds betting terminals that fleece the vulnerable and make the bookies £squintillions, despite broken promise after broken promise to address the situation.

    They could offer 1000/1 and still not lose a penny. Thing is, those odds’d be too obvious for any soft sod to have a go without question.

    Liked by 1 person

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