Glenrothes : Punters V Pundits, Round II

Over at Politicalbetting.com Mike Smithson is encouraging the punters to vote on who they think is going to win the Glenrothes by-election – Labour or the SNP?
  • As of 0900 this morning the punters (after 200 votes) are splitting 61% for the SNP and 39% for Labour.
  • Over on PoliticsHome the PH100 Index “daily tracker of uk insider and expert opinion” is calling it 61% / 31% for Labour to win. Strikingly inverse proportions.
Over on Betfair the punters are putting their money where their mouths are and making the SNP odds on favourites. Back in July the punters made fools of the pundits over the outcome of the Glasgow East by-election. The pundits are as fickle as teenage girls, the punters are more calculating.

The London based punditry are out of touch, they talk too much to each other. Our old friend Tom Watson has been briefing the press that Labour will win Glenrothes and this will be a great victory for Gordon. He has convinced Gordon to stake what little political capital he has on a Glenrothes comeback campaigning in the constituency. However, as Ben Brogan has detected, so chronic is the shortage of local activists and supporters Labour are press-ganging English Labour MPs and Northern CLP activists to trek past Hadrian’s Wall to help in the constituency. Not exactly a sign of a forthcoming resounding victory.

Guido thinks the punters not the pundits are right, again. Gordon’s personal visit should, if the curse of the one-eyed son of the manse still holds, have doomed Labour’s candidate. Labour are throwing the kitchen sink at this, heck the 10p tax bailout cost a few billion during the Crewe by-election, this time the bailout of Scottish banks cost tens of billions for this by-election. It will be close…



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