Burnham Bets Boost

Jeremy Corbyn's momentum in the Labour leader contest has been slowed by a run of betting support for Andy Burnham, which has caused his odds to be cut from 7/2 (stake £2 for profit of £7) to 5/2 (stake £2 for profit of £5) by William Hill.
Corbyn remains odds-on favourite, but is odds have lengthened from 2/7 (stake £7 for profit of £2) to 4/11 (stake £11 for profit of £4). He is also now 8/11 (stake £11 for profit of £8) to win the contest on FirstPreference Votes.
Yvette ooper is now a 10/1 outsider, with Liz Kendall attracting almost no support at 100/1.
'Corbyn's campaign is coming under intense pressure and the flow of money for him to win has been drying up for the past day or two' said Hill's spokesman Graham Sharpe.


Graham Sharpe, Media Relations Director