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Osborne’s speech great for punters’ budgets

| 23.03.2011

GEORGE OSBORNE’S budget speech was well received by Ladbrokes politics punters.

Many got the day off to a great start when they correctly backed the the bookies favourite purple tie at 2/1, and as soon as the Chancellor started talking the money continued to roll in as several phrases were uttered including ‘We’re All In This Together’ at 7/2 and ‘Big Society at 4/1.

The only market to fall in favour of the firm concerned the length of the speech as most punters were confident it would last less than 55 minutes, which was backed at 8/11.

Alex Donohue of Ladbrokes said: “Osborne’s speech signalled changes which will improve the finances of the nation but it did some serious damage to ours. As soon as we saw the purple tie we knew it wasn’t going to be our day.”

Ladbrokes latest betting

Winning bets:
Purple tie – 2/1 favourite

Deficit – 1/100
Economic Stability – 1/4
Earthquake – 6/4
Libya – 6/4
Climate Change – 2/1
We’re All In This Together – 7/2
Big Society – 4/1

Speech length 56 minutes & 18 seconds – over 55 minutes – Evens



Craig Kemp

Craig has written for Ladbrokes since the 2010 World Cup, having previously gained a Media & Sports Journalism degree and contributed to publications including the Racing Post. His main areas of interest are horse racing and UFC, but he is also an avid X Factor gambler and likes nothing more than indulging in a spot of Hip Hop Karaoke.