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Scottish Parliamentary Election betting - Huge gamble on SNP being re-elected

Alex Salmond impressed in the first debate
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The SNP are the subject of a huge gamble in the Scottish Parliamentary elections according to Ladbrokes.

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Political punters were suitably impressed by Alex Salmond in the first debate and backed his party accordingly causing the bookies to slash the odds on an SNP win from 11/4 to 7/4 overnight. 

Labour who were as short as 1/12 for the election at one point and a banker in the eyes of many now drift to 2/5. The Conservatives and Liberal Democrats both remain rank outsiders with odds of 100/1 each. 

Alex Donohue of Ladbrokes told Bettingpro: 

"Labour have drifted from apparent dead-certs and all the momentum now appears to be with the SNP. It's a genuine two horse race and should trade continue like this we expect Salmond's party to assume favouritism shortly."

Ladbrokes latest betting

Scottish Parliamentary elections - to win most seats

Labour - 2/5 
SNP - 7/4 (from 11/4)
Conservative - 100/1
Liberal Democrats - 100/1

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Scottish Parliamentary Election betting - Huge gamble on SNP being re-elected

The SNP are the subject of a huge gamble in the Scottish Parliamentary elections according to Ladbrokes.

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