Magazine article New Statesman (1996)

Racing Card

Magazine article New Statesman (1996)

Racing Card

Article excerpt

The Bet: How many seats will the parties win at the general election?

If, like me, you spent a fortune over Christmas and New Year, you may want to get some money back by having a punt on the election. With Labour at 1-7 to win with William Hill, you may be tempted to put your mortgage on, but my advice is to get on it before they close the book.

The main point of interest in this election, to be held in May (1-3 favourite), is the number of seats each party will win. From now until the election, we will concentrate on this, popularly known as the spread. This will be the first election where the internet will play such a signiticant role for the bookies, and they are hoping for a bigger bonanza than the [pound4m that punters waged last time.

As soon as the election is called, you will also be able to bet on individual constituencies, and it is here, with local knowledge, that you will be able to beat the bookies. …

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