Betting the UK general election, part one: Vultures circling Gordon Brown

gordon-brown-jack-of-heartsPrime minister Gordon Brown has been clinging to the cliff face of Labour Party leadership by his fingernails for forever seemingly and, by the time he ends up finally getting around to calling an election (or the June 3, 2010 deadline, whichever comes first), he could make John Major’s exit from office look like Ronnie Reagan’s.

The latest challenge to Brown’s authority came at last week’s Parliamentary Labour Party meeting, in which backbencher MPs listed grievances plentiful and lengthy, which basically became a litany of threats to the stability of the Parliamentary Labour Party (PLP) chairman’s position; Tony Lloyd, a Brown sympathizer, currently holds the position.

Of course, numerical representation of the populace’s frustration with Tony Blair’s long-ruling party can be found at the bookmaker websites. Both Sporting Bet and Bet 365 are pretty representative in this sense, giving the Conservatives a 1/14 “chance” to win the most seats in the next UK general election. The former has slightly longer odds on Labour if you’re irrationally hopeful for that outcome – 7/1 versus the 13/2 posted at Bet 365 – but things look bleak according to those who’ll pay for the result.

A bit more challenging, and potentially more fruitful, are the odds on actual number of parliamentary seats each of the big three parties will take come election time; Live Bets Direct will look at that little doozy tomorrow…

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