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This is our Bookmakers news section where we provide any news items that might have a significant effect on the matches being played - or sports betting in general.

Bookmakers News :: Paddy Power pays out early on Gordon Brown leaving PM job

Posted on 2009-06-05 by Gooner

Top Irish bookmaker Paddy Power are paying out on Gordon Brown leaving his post of Prime Minister before the end of August.

The firm's betting on when he would no longer be PM has gone into overdrive with the public piling in, and with Brown's odds to be gone before the end of August repeatedly being cut - from 5/4 to just 1/4.

Paddy Power said: "Whilst politicians and pundits are queuing up to suggest the PM's time is nigh, the public have decided it's all over already.

"They're piling in like there's no tomorrow and, for Gordon Brown's leadership, it's looking like there might not be. Punters stand to collect £120,000 in the early payout."

Power added: "In political terms the Prime Minister is Brown Bread - it's the only bet punters are interested in today so we're running up the white flag and paying out. Now it only remains to be seen if Gordon Brown does the same."

Sourced From : Paddy Power Bookmaker

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