Huge wager on Corbyn to be next PM as Labour launch manifesto

Labour’s official manifesto launch has seen money flood in for the party to cause an almighty upset at the General Election, according to the latest odds.

A customer from Kings Lynn has placed a £1500 wager on Jeremy Corbyn being the Prime Minister on July 1 at odds of 10/1, shortly after the manifesto was launched in Bradford.

That bet would see a return of £16,500 should the Election go his way on June 8.

Interestingly, he’s not the only pro-Labour punter out there.

We’ve also seen plenty of chunky three and four-figure bets coming in for the party to land the Most Seats (16/1) and Overall Majority (25/1) next month.

Jessica Bridge of Ladbrokes said: “Labour’s manifesto launch has struck a chord with punters, and pro-Labour money is piling in with three weeks to go.

“Jeremy Corbyn and co. remain the outsiders, but both money and momentum is with his party right now.”

Ladbrokes latest betting:

Most Seats

Conservative – 1/50

Labour – 16/1

200/1 bar

Overall Majority

Conservative – 1/25

No Overall Majority – 12/1

Labour Majority – 25/1

500/1 bar

PM on 1st July 2017

Theresa May – 1/20

Jeremy Corbyn – 10/1

50/1 bar

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All Odds and Markets are correct as of the date of publishing