Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Bookies anticipate tight race

BETTING

Monday 26 June 1995 23:02 BST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Punters yesterday staked thousands of pounds on John Redwood becoming the next Tory leader as the former Secretary of State for Wales announced his intention to stand.

Betting was so fierce that Ladbrokes cut Mr Redwood's odds from 8-1 to 6-1 within moments of his announcement, making him third favourite behind Michael Heseltine and the Prime Minister.

Last week Mr Redwood was a 66-1 outsider. Yesterday morning his odds were slashed from 33-1 to 8-1 as Ladbrokes took pounds 10,000 worth of bets.

William Hill cut Mr Redwood's odds from 25-1 to 12-1 after taking pounds 3,000 of bets, and later to 10-1. A spokesman said that not a single bet had been placed yesterday morning on Mr Major.

Ladbrokes odds: 4-5 Major, 5-2 Heseltine, 6-1 Redwood, 8-l Michael Portillo, 12-1 Gillian Shephard. William Hill odds: 4-5 Major, 2-1 Heseltine, 5-1 Portillo, 10-1 Redwood, 16-1 Shephard and Kenneth Clarke.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in