Penarth bookmakers are now pulling in the punters by offering a wide range of bets on the outcome of Thursday’s General Election .
At Ladbroke’s on Stanwell Road, the manager told PDN some customers are putting up to £20 a time on Labour’s Jeremy Corbyn becoming the next Prime Minister . A bet of £20 he said could reap an attractive payback of £90…but that’s only if Corbyn wins .
On the other hand customers can bet on Theresa May continuing as Conservative Prime Minister with odds at 20-1.
The odds in the Parliamentary constituency of Cardiff South and Penarth have been fluctuating but have now settled down.
Labour candidate Stephen Doughty is quoted at 1-5 – meaning that a £1 bet on Doughty would yield – if he wins – a return of only 20p, plus the return of the original £1 stake.
This is presenting not only an unattractive bet for punters but a dilemma for tactical voters – one of whom said today – “the snag is, a vote for Stephen Doughty is a vote for Diane Abbott to become Home Secretary – which would be a disaster”.
Diane Abbott yesterday struggled to answer questions on Sky News about a far-reaching security report written by Labour peer Lord Harris – the latest in a series of embarrassing interviews during the election campaign, in which she has struggled to answer questions on her brief.
Ms Abbott was booked to appear on Radio 4’s Women’s Hour this morning but pulled out at the last-minute citing “ill-health“. Sky reported there had been suggestions that Jeremy Corbyn and John McDonnell’s team had attempted to keep her off the airwaves after series of broadcast gaffes.
Meanwhile Cardiff South and Penarth Conservative candidate Bill Rees is quoted at 3-1 to become Penarth’s next MP – meaning that a £1 bet would produce winnings of £3 plus return of the original £1 stake = £4. So far Bill Rees’s timely intervention yesterday (potentially to save Penarth Pier Pavilion) – has yet to be reflected by any change in the odds being quoted for him to win .
All the other parties are quoted at 100-1 except for the Pirate Party which is quoted at 200-1 – easily the most attractive bet of all, provided – that is – there is a surge in support for the party between now and Thursday.