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.