Election 2015: Bookies paying out on Tory victory

Bookmaker Paddy Power announced before midnight that it would pay out to punters who backed the Conservatives to win the most seats after the exit poll gave David Cameron’s party a large lead.

Prime Minister David Cameron and wife Samantha

The odds of Mr Cameron staying at No 10 were at 1/10, with 1/100 for the Tories to win the most seats, said the bookie.

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A Paddy Power spokesman said: “We thought it was going to be tighter than Eric Pickles’ Y-fronts after an all-you-can-eat buffet, but the Tories have run away with it.”

There was twice as much money staked on Mr Cameron as Labour leader Ed Miliband, according to the betting shop.