Odds on for Brown to be out Before election
PM Gordon Brown is reportedly coming under more pressure to stand down as Labour leader and with a by-election now set to take place before the General Election, William Hill Bookies have cut the odds about Brown ceasing to be leader before the Election, from 6/4 (2.5) to 5/4 (2.25).
William Hill's spokesman Graham Sharpe said, "We have seen plenty of support for Gordon Brown to be out of office before the General Election and although he is still odds on at 4/7 (1.57) to remain in place, there is little backing for that option".
Long time favourite to succeed Gordon Brown as Labour leader, MP Alan Johnson's odds have drifted out from 5/4 (2.25) to 3/1 with William Hill as political punters have been backing the two Miliband brothers to take the party's top job with David and Ed both now quoted as 4/1 joint second favourites.
With reports suggesting that 20/1 chance Ed Balls is also preparing to contest the position as and when it becomes available, the bookies are predicting that hefty amounts of cash will be gambled on who takes over from Brown.
"We are expecting a substantial six figure gamble on the next Labour leader and the current cash is all for the Milibands - although punters can't seem to make up their minds which of the two is more likely to come out on top. Long time favourite Alan Johnson's support is drying up. However, once the job becomes available we are convinced that other high profile candidates will suddenly throw their hats into the ring." said William Hill's spokesman.
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William Hill's spokesman Graham Sharpe said, "We have seen plenty of support for Gordon Brown to be out of office before the General Election and although he is still odds on at 4/7 (1.57) to remain in place, there is little backing for that option".
Long time favourite to succeed Gordon Brown as Labour leader, MP Alan Johnson's odds have drifted out from 5/4 (2.25) to 3/1 with William Hill as political punters have been backing the two Miliband brothers to take the party's top job with David and Ed both now quoted as 4/1 joint second favourites.
With reports suggesting that 20/1 chance Ed Balls is also preparing to contest the position as and when it becomes available, the bookies are predicting that hefty amounts of cash will be gambled on who takes over from Brown.
"We are expecting a substantial six figure gamble on the next Labour leader and the current cash is all for the Milibands - although punters can't seem to make up their minds which of the two is more likely to come out on top. Long time favourite Alan Johnson's support is drying up. However, once the job becomes available we are convinced that other high profile candidates will suddenly throw their hats into the ring." said William Hill's spokesman.
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