Monday, November 01, 2004

Ladbrokes frightened off by No Campaigners bet

Should we win we will be making a donation to one Sunderland and one Newcastle charity.
This is the only bet on the referendum result. Ladbrokes limited the bet and cut the odds. They refused to take any money from anyone else on a No vote and closed the book.
Yes Campaigners are asking if they can back each-way ;-)

No campaigners back themselves with £2,000
Oct 29 2004
By The Journal

Anti-regional assembly activist Neil Herron is set to re-double his efforts to secure a No vote after gambling a four-figure sum on the referendum result.
The North East No Campaign director has clubbed together with strategy director Colin Moran to stake £2,000 on the region rejecting plans for devolution.
The pair placed the bet at Ladbrokes after seeing the shop offering odds of 5/6 on either a Yes or No vote for a TV feature.
They were allowed to place their first £600 at 5/6, with the odds slashed to 8/13 for the next £1,400.
But yesterday a string of North-East bookmakers were refusing to offer odds on the outcome of the referendum.
Ladbrokes, Reuben Page, William Hill, Coral, Chisholm and Done all declined to take bets on the result, which will be announced on November 4.
Ladbrokes spokesman Warren Lush said last night: "The book was open, but we think it's swung quite a bit towards the No side since then.
"We are re-assessing our odds, and they will be going back up shortly."
Done Bookmakers said: "We don't deal in politics."
Reuben Page added: "We haven't had any requests for it whatsoever." And a William Hill spokeswoman said: "We just haven't had any interest. If we had been inundated with requests, I dare say we would have tried."
But Mr Herron said: "I know a few thousand people who would like to put money on. But I think we know which way it's started to swing now.
"If the Yes campaign want to shake on a bet for charity, we would be more than happy to take it on."

1 comment:

Anonymous said...

You are lucky, just hope the Government don't try and ban gambling on political outcomes when they debate gambling in the commons today

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