No overall majority

07/05/2010 | By More

Never was such a word so true. The UK election this morning brought out a true hung parliament where only a coalition amongst truly minor parties can bring a majority government. Not an ideal scenario for a country facing some tough policy decisions. We could have the prospect of a minority of votes electing the government, I think that wouldn’t be acceptable to the populace. It’s going to be an interesting few days.

Anyhow, one of the most active markets overnight was the ‘No overall majority’ market which traded just over £9m, a really decent total for a non sports market. I have attached a graph of the movements from 22:00 to 05:00 when the market effectively ended. Some really nice swings when the early results came in.

100507 - General election - No overall majority

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Category: Using Bet Angel

About the Author ()

I left a good job in the consumer technology industry to go a trade on Betfair for a living way back in June 2000. I've been here ever since pushing very boundaries of what's possible on betting exchanges and loved every minute of it.

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