Friday, January 13, 2006

Putting Your Money Where Your Mouth Is...

I mentioned yesterday that I'd got 10/1 odds from William Hill at lunchtime... by the evening 8/1 were the best odds anyone would offer, putting him in third place ahead of Mark Oaten. At the time of writing, Simon Hughes has taken a lead, but the story of the day is Chris Huhne's massive progress from 300/1 to 8/1 in 24 hours. While nobody would seriously say that betting odds could be taken on their own, they have certainly been a good indicator of other elections. writes:

In one of the most staggering political betting moves ever the price on the former Guardian and Indy journalist, Chris Huhne, becoming Lib Dem leader has, as the chart shows, tightened from 300/1 to just 16/1 in the course of 24 hours.

My advice? Put a tenner on Huhne while he's still 8-1! You won't get such good odds again. :-)