The first gamble on Labour to win a by-election since Gordon Brown came to power has seen William Hill slash the odds about a victory for them in the Glasgow North East by-election, from Even money to 2/9 red hot favourites. 'We'd almost given up hope that there were any Labour-fancying political punters left, until they suddenly began to back Labour to win in Glasgow - we haven't seen a Labour gamble since Tony Blair's days!' said Hill's spokesman Graham Sharpe.
By contrast, the SNP odds have gone from 8/11 odds-on favourites, out to 3/1. 'There is little support for the SNP to upset Labour this time' said Sharpe.
LATEST WILLIAM HILL GENERAL ELECTION ODDS....2/7 Conservative majority; 14/1 Labour Majority; 11/4 Hung Parliament.

YOU BET BLAIR IN RETREAT

TONY BLAIR's odds of becoming European President have drifted from odds-on favourite to 11/2 with William Hill who make Herman Van Rompuy 8/13 favourite, and also offer 7/1 Jean-Claude Juncker and Jan-Peter Balkenende; 10/1 Wolfgang Schlussel; 11/1 Paavo Lipponen; 12/1 Felipe Gonzalez; 14/1 Guy Verhoftstadt. 'If money talks - as it frequently does in political betting - then Tony Blair's hopes of becoming President are dead in the water' said Hill's spokesman Graham Sharpe.
 

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