Political betting is something which has grown in leaps and bounds over the past few years. A few years ago you could only get prices on which main three political party was going to win the general election, now you can get all manner of bets.
The greatest movement I have seen is in the prices for the BNP, people will always want to dismiss BNP electoral success, saying we have had only small percentage gains, or nominal support in the country as a whole. But we as foot soldiers and supporters alike no this is different. Where as polls can be minipulated for whoever wishes to argue the point for or against. Betting markets in the main follow punters who put their money where their mouths are.
A few years ago it would be a very happy book maker who would have taken your money with a smile and offered 100/1 for the BNP to win any major electoral success. London assembly membership dropped from 50/1 to evens in a year and we proved the punters right. MEP market dropped from 20/1 to evens and again we proved the punter right.
If you look at where the markets for the general election before the euros you could get prices of 20/1 on a BNP candidate being elected as a MP, after the euro success that price dropped to 10/1 and after question time it is now as low as 7/2.
Now I am not saying that you go out and try to make your fortune from betting on the BNP, but it is more proof, if proof was needed is that the BNP is moving onwards and upwards.
It will be interesting to see how the markets move in the next few months as we near the General Election. Polls and the media will be giving the message that nothing much is happening but when money is involved the betting markets will show you what is really happening if the price closes in so is the chances of the BNP finally getting a chance to represent the British people in parliament.
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