With Government hints all pointing to a general election for Britain on October 10, punters are getting in now with their bets on which party will win.
GV PAN Ladbreke's betting office in London
SV ZOOM OUT FROM election result beard TO official addressing employees
SCU Girls taking bets ever telephones
CU Girl taking call from French punter
CU Indian woman speaking in Hindi to punter on telephone and writing on paper
CU Boy on telephone giving odds (In English)
CU Girl on telephone taking bet from USA
CU Ladbreke's official
A transcript of Mr. Pollard's "pep talk" to his staff follows:
"Right now at this coming election we're going to be very busy. So far we've taken GBP 68,000 and as you know, last time we took GBP 970,000. This time we should take a million. New with the present odd of thirteen to eight on for Labour, Labour are hot favorites. Conservatives are eleven to ten against. Liberals a hundred to one. Now you've really got to get down....to take this money you've really got to be taking the calls quickly so get on with it and do your best. Okay? thank you."
Later Mr. Pollard spoke to Visnews reporter Nigel Charters.
REPORTER: "How have the odds changed over the last ten days or so?"
POLLARD: "Well there's only really been one change and that's been the result of the money during the last few days which has been totally for Labour. And Labour moved from six to four on, to thirteen to eight on, with the Conservatives easing from evens to eleven to ten against, and the Liberals are now a hundred to one."
Initials OS/1903 OS/1913
Script is copyright Reuters Limited. All rights reserved
Background: With Government hints all pointing to a general election for Britain on October 10, punters are getting in now with their bets on which party will win.
Labdrokes, one of the country's leading betting agencies, is already taking bets from gamblers all over the world. By Monday (9th September) morning, GBP 68,000 in bets had been placed with them. The ruling Labour Party was favourite with odds of 13 to 8 on. The main opposition party, the Conservatives were 11 to 10 and the Liberals were rank outsiders at 100 to 1.
The Director of Ladbrokes, Ron Pollard, said his company expected to have GBP 1 million in bets at the close of the election campaing. If his expectations are realised, this will be GBP 30,000 up on the last election in which the Labour Party narrowly forced the Conservative Government from power.
The Trade Union Congress at Brighten last week had apparently been responsible for swinging the punters in favour of a Labour victory. Two weeks ago all the money was going on the Conservatives to win, but there was a sharp swing after the conference where the unions overwhelmingly supported their "social contract" with the Government.