Online bookmaker sportsbet.com.au has taken a total of $100,000 worth of bets from the one punter who believes Theresa May will win the upcoming UK Election.
· $100,000 placed on Conservative Party to win the most seats in UK Election
· Bets were placed by the one punter at odds of $1.08 and $1.05
$20,000 was staked on the Conservatives to win the most seats at odds of $1.08 while the same person then wagered another $80,000 at $1.05.
The total profit for the massive outlay of $100,000 is $5,600.
Theresa May is the $1.05 favourite to win the Election ahead of Jeremy Corbyn ($11).
“Having $100,000 on the Conservatives doesn’t sound like a conservative bet although at such short odds you could argue that there’s an element of conservatism from the punter to win a mere $5,600,” said sportsbet.com.au’s Christian Jantzen.
Markets courtesy of sportsbet.com.au
Party to win the Most Seats
$101 Liberal Democrats
$501 Green Party
UK Election Winner
$1.05 Theresa May
$11 Jeremy Corbyn
$51 Boris Johnson
$67 Keir Starmer
$67 Tim Farron
$67 Yvette Cooper
$126 David Milband
$201 Vince Cable