Cruddas odds slashed

As we have reported here and here, William Hill have the only online book on who will be the next deputy leader of the Labour party, and have been over-rating possible contender Jon Cruddas quite seriously.  One punter from the north-east even managed to get odds of 100-1 last Saturday.  By the time The Daily’s beer money was rushed down to the bookies, odds had been slashed to 50/1.  When Daily readers tried to pile in earlier in the week the book had been closed. 

It is now back open and Cruddas has had his odds slashed to 25/1.  Quite a turn around in less than a week. 


7 Responses to Cruddas odds slashed

  1. Andrea says:

    Cruddas will present the “Fit for Purpose: a programme for Labour Party renewal” pampleth (written by him and John Harris) at a fringe meeting organized by Compass on Sunday night.

  2. Matthew says:

    I will be trying to make it. Harris’ book is very good. Having spoken to some of the people involved in this project, it sounds like this pamphlet will be excellent as well. Does anyone know if we will be able to download it anywhere before the weekend?

  3. I guess if it goes online anywhere, it will be on the Compass website.

  4. Henry G says:

    I think anything over 12/1 is definately value at this time. His odds could well continue to shorten throughout conference where I note Cruddas is speaking at a number of events.

    Derek Simpson has already broken the ‘unofficial pact’ of the Big 4 unions by declaring for Brown at TUC. If he does the same for JC in Manchester, they should shorten sharply and the media attention would drive the odds down.

  5. Nick says:

    I notice that Cruddas’ odds were the only ones to change on WH while they were offline!

  6. Thomas says:

    The deputy leader book seems to be closed again – are Cruddas’ odds being cut again?!

  7. We’re looking forward to the day we have this effect on the stock exchange!

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