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Odds shorten on Nick Clegg losing his seat

| 01.04.2015
CORAL ENHANCED ACCAS

The odds on Nick Clegg losing his seat and leaving the House of Commons in the forthcoming General Election shortened today following the publication of a Lord Ashcroft poll that predicts a Labour victory in Sheffield Hallam.

Leading bookmaker Coral slashed the odds on Labour winning Sheffield Hallam to 6/4 from 15/8, and eased the odds on Nick Clegg retaining his seat to 8/15 from 2/5, meaning he remains a lukewarm favourite to hang on to his job.

“If the odds are right then Nick Clegg will hang on to his seat by the narrowest of margins, but the market is now moving in favour of Labour in Sheffield Hallam, and with five weeks to go there is plenty of time for the odds on Labour winning the seat to shorten even more,” said Simon Clare, Coral Spokesman.

Lord Ashcroft released poll results for eight marginal constituencies.  In Torbay, Ashcroft predicts a victory for the Liberal Democrats but Coral can’t split the Conservatives and the Liberal Democrats making them both 10-11 joint favourites to win the seats. The betting on all eight constituencies polled by Lord Ashcroft is below:

ENDS

 

** Coral Betting on the eight constituencies polled by Lord Ashcroft with his prediction in brackets

Sheffield Hallam (Lab gain)

8-15 Lib Dem, 6-4 Lab, 25 Con

Camborne and Redruth  (Con hold)

1-8 Con, 10 Lib Dem, 14 UKIP,

North Cornwall (LD hold)

5-6 Lib Dem, 10-11 Con, 25 UKIP,

North Devon (Con gain)

4-9 Con, 13-8 Lib Dem, 20 UKIP

St Austell & Newquay (Con gain)

4-11 Con, 3 Lib Dem, 8 UKIP

St Ives (LD hold)

4-5 Lib Dem, 6-5 Con, 16 UKIP

Torbay (LD hold)

10-11 Con, 10-11 Lib Dem, 10 UKIP

Cambridge (LD hold)

4-11 Lib Dem, 2 Lab, 25 Con,

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Author

Simon Clare

Simon Clare joined Coral in 1997 as Racecourse PR representative and was
promoted to Coral PR Director in October 2002. Between 2008 to 2011 Clare
added Trading to his responsibilities in a new role as Coral Trading & PR
Director. In 2011 he relinquished his Trading responsibilities and assumed a
new wider role of PR & Broadcast Director responsible for all Coral Public
Relations activity, CoralTV and Social Media. Clare has extensive broadcast
experience on radio and television commenting on a diverse range of betting events from the obvious - horse racing, football and sport - to the more obscure - politics, reality TV, showbiz and the weather.
Simon Clare is a keen sports fan, still turning out for Carshalton FC on a
Saturday when work allows.