COALITION PARLIAMENT LATEST ODDS HAVE CONSERVATIVES AND LIB DEMS AT ODDS ON

We still don’t have an official concrete result in the 2010 General Election and one of the few things we know for certain is that Gordon Brown will no longer be Prime Minister. The betting markets continue to chug along several days after the election itself actually ended. Punters everywhere are looking to get their bets down before the markets snap shut.

Currently, the favourite result is a Conservative/Lib Dem coalition to govern Britain and you’ll find that option trading at a 4/6 price. Should the Conservatives attempt to govern as a minority then you’ve got a 13/8 price and I think that many punters will be heading in that direction.
Should the now-chastened Labour party be able to form a coalition with Nick Clegg’s Liberal Democrats, you’re looking at an 11/4 pay out. A Labour minority government has been officially ruled out and stands at a massive 50/1 price. A Conservative/Labour/Lib Dem Coalition would reward at 66/1, but don’t waste your money on that one. A Conservative/Labour coalition pays out at an unlikely 100/1.
I think that it looks like Nick Clegg is going to honour his promise to form a coalition with the party who received the most votes. The potential partnership with the Conservatives could be a tenuous one and, before the betting markets were closed, it was heavily-favoured that Nick Clegg would be appointed to the Deputy Prime Minister seat.
One thing that you will notice for certain is that the political situation in Britain is going to remain very precarious with Paddy Power listing the favoured selection for the next General Election as 2010 with an even money price. That means that Britons could be headed back to the polls before they know it. Maybe everybody will actually get to vote this time around…
A 2011 election is priced at 6/4 and looks plausible while a 2012 election sits at 6/1.