Tuesday, 20 May 2008

Crewe and Nantwich - William Hill take record £40,000 bet (Tory win),

Press release from William Hill:

Conservative Cheer In Crewe As Punter Places Biggest Ever By Election Bet!
William Hill have today taken the biggest ever by election bet, when a customer from central London placed £40,000 on a Conservative victory in the Crewe & Nantwich by election at odds of 1/16 and should he be successful he will collect £42,500. As a result Hills have slashed the price of a Conservative victory from 1/16 to 1/20 and offer the Labour party at 8/1 (Lib Dem 20/1).

"This is a massive political punt, nobody risks £40,000 to win just £2,500 unless they are certain of victory. We are not 100% sure of the punters political affiliation but the description does not match that of Gordon Brown, who is likely to be in for a miserable few days," said Hill's spokesman Rupert Adams.

Also - William Hill have halved their odds for Gordon Brown to be ousted as Prime Minister this year from 5/1 to 5/2 after significant support for him to be out by the end of the year. 'Punters seem convinced that Mr Brown is on the way out sooner rather than later.'

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