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Scottish Parliamentary Election betting - Huge gamble on SNP victory

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Betting suspended on an SNP victory in the Scottish Parliamentary Election this morning by Ladbrokes.

On the biggest betting day of the year a flood of money for Alex Salmond's men caught the bookies by surprise with betting having to be temporarily suspended late in the morning. 

After adjusting the prices in response to the overwhelming gamble Labour trade at 1/2, with Ladborkes, having been as short as 1/12 to win the election when the odds were first released. The SNP come in at a record-short price of 6/4 with the money for them showing no sign of stopping. The Conservatives and Liberal Democrats remain friendless at 100/1 each. 

Alex Donohue of Ladbrokes told Bettingpro: 

"We were well prepared for a mammoth punt on the big race today but the money for the SNP caught us by surprise. We had to suspend betting temporarily and in the new market the SNP are hot on the heels of Labour."

he added: "Should trade continue like this it's only a matter of time before the SNP become the favourites for the Election."

Scottish Parliamentary Election

Labour - 1/2
SNP - 6/4
Conservatives - 100/1
Liberal Democrats - 100/1


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Scottish Parliamentary Election betting - Huge gamble on SNP victory

Betting suspended on an SNP victory in the Scottish Parliamentary Election this morning by Ladbrokes.

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