The money goes on a Tory majority of 56 seats
How gamblers are seeing the election
There’s hardly been any movement for months on the PB Index – the site’s attempt to extrapolate a general election result from how political gamblers are risking their cash on the party seat markets.
Here it’s all about the balance of money with some punters wanting to sell and others wanting to buy.
The PB Index is worked out by taking the mid-point spreads on the Betfair party line market and the spread betting markets of which only Extrabet is open tonight.
This is probably showing a Tory outcome slightly ahead of most of the polls.