Gamblers backing Conservatives above Labour in UK election

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Professional punters are backing the ruling Conservatives in the UK’s snap general election, it’s emerged.

John Hill, PR manager at UK bookmakers Coral, said the biggest sums had been put on the Tories, with some betting up to 20,000 GBP (23,081 euros).

Hill said the odds his firm were offering suggested the election was a “one horse race”.

He said among the strangest bets Coral had received was one backing UKIP to pick up the most seats – something Hill said was impossible.

He added: “The odds on Labour getting the most seats have crumbled this afternoon and we’re still convinced the Conservatives will pick up the most seats.”

Watch the full interview below: