Howdy, Stranger!

It looks like you're new here. Sign in or register to get started.

politicalbetting.com » Blog Archive » If you think that CON will struggle to agree a DUP supply/conf

SystemSystem Posts: 12,260
edited June 2017 in General

imagepoliticalbetting.com » Blog Archive » If you think that CON will struggle to agree a DUP supply/confidence deal there’s a very interesting bet

As far as I can see there is just one GE2016 betting market still open – that on what will be the form of the new government. CON majority was clearly the huge favourite until 10pm on June 8th and since then CON minority has become the tight odds-on favourite.

Read the full story here


«1

Comments

  • DavidLDavidL Posts: 54,215
    edited June 2017
    Is it me or is there more passing room on my driveway than there is in Azerbaijan?

    Oh and pole (provisionally)
  • DavidLDavidL Posts: 54,215
    On topic, this seems a market where a lot of opinion could come into play. I suspect that the Tories and DUP will end up with something pretty messy and provisional. Which side of the line Mike has identified this will be deemed to fall seems somewhat up in air.
  • GeoffMGeoffM Posts: 6,071
    This bet formulation is too vague, in my opinion, and will only end up in punter tears.
  • RochdalePioneersRochdalePioneers Posts: 29,123
    DUP talking to Labour and LibDems. They govern NI with Sinn Fein. Don't tell me they won't do a deal with Labour because Corbyn...
  • dyedwooliedyedwoolie Posts: 7,786
    I wonder how long people will be prepared to sleep on air beds in a room full of screaming kids before they conclude that this isn't good enough?
    Britain 2017 where we all live in shit pit death traps and vote for pollsters daughters to evict us for our own safety in the middle of the night.
    Still, those queues for the dunny at Glastonbury hey?
    Yes, I'm being a dork. It's that sort of day.
  • DavidLDavidL Posts: 54,215

    I wonder how long people will be prepared to sleep on air beds in a room full of screaming kids before they conclude that this isn't good enough?
    Britain 2017 where we all live in shit pit death traps and vote for pollsters daughters to evict us for our own safety in the middle of the night.
    Still, those queues for the dunny at Glastonbury hey?
    Yes, I'm being a dork. It's that sort of day.

    I take it its sunnier where you are? Windy and overcast here so less opportunity to enjoy, eh, the weather.
  • MortimerMortimer Posts: 14,158

    DUP talking to Labour and LibDems. They govern NI with Sinn Fein. Don't tell me they won't do a deal with Labour because Corbyn...

    The rainbow coalition and the DUP. Do me a flavour.
  • FrancisUrquhartFrancisUrquhart Posts: 82,546

    I wonder how long people will be prepared to sleep on air beds in a room full of screaming kids before they conclude that this isn't good enough?
    Britain 2017 where we all live in shit pit death traps and vote for pollsters daughters to evict us for our own safety in the middle of the night.
    Still, those queues for the dunny at Glastonbury hey?
    Yes, I'm being a dork. It's that sort of day.

    It's ok not long until the messiah takes the stage...
  • CarlottaVanceCarlottaVance Posts: 60,229
    Surely a 'minority' government is one which maintains the confidence of the house, passing budgets and legislation without having a majority of MPs?

    In other news...how many guesses on how often the Guardian mentions which party runs Camden council (and has for all but four of the last 40 years...)

    https://www.theguardian.com/uk-news/2017/jun/24/have-you-been-affected-by-the-camden-tower-block-evacuations?CMP=share_btn_tw
  • GeoffMGeoffM Posts: 6,071

    DUP talking to Labour and LibDems. They govern NI with Sinn Fein. Don't tell me they won't do a deal with Labour because Corbyn...

    They are forced by law to cohabit with SF in NI.
  • dyedwooliedyedwoolie Posts: 7,786
    DavidL said:

    I wonder how long people will be prepared to sleep on air beds in a room full of screaming kids before they conclude that this isn't good enough?
    Britain 2017 where we all live in shit pit death traps and vote for pollsters daughters to evict us for our own safety in the middle of the night.
    Still, those queues for the dunny at Glastonbury hey?
    Yes, I'm being a dork. It's that sort of day.

    I take it its sunnier where you are? Windy and overcast here so less opportunity to enjoy, eh, the weather.
    Sunny periods with discontented clouds threatening to drizzle misery down on the fine city.
  • dyedwooliedyedwoolie Posts: 7,786

    I wonder how long people will be prepared to sleep on air beds in a room full of screaming kids before they conclude that this isn't good enough?
    Britain 2017 where we all live in shit pit death traps and vote for pollsters daughters to evict us for our own safety in the middle of the night.
    Still, those queues for the dunny at Glastonbury hey?
    Yes, I'm being a dork. It's that sort of day.

    It's ok not long until the messiah takes the stage...
    We're alright
  • EssexitEssexit Posts: 1,963
    That's a very odd definition by Betfair IMHO. Confidence and supply agreements or a lack thereof is a detail of minority governments. Surely it's a Conservative minority if they fill all the Cabinet posts and have fewer than 326 MPs, DUP agreement or not? What on Earth else would they call it?
  • DecrepitJohnLDecrepitJohnL Posts: 13,300
    OP is wrong imo. If the QS passes, then by definition there is C&S whether or not there is a formal agreement. What OGH has actually backed is a Conservative coalition with either or both the DUP or SNP and 60/1 is not a tempting price.
  • DecrepitJohnLDecrepitJohnL Posts: 13,300

    Surely a 'minority' government is one which maintains the confidence of the house, passing budgets and legislation without having a majority of MPs?

    In other news...how many guesses on how often the Guardian mentions which party runs Camden council (and has for all but four of the last 40 years...)

    https://www.theguardian.com/uk-news/2017/jun/24/have-you-been-affected-by-the-camden-tower-block-evacuations?CMP=share_btn_tw

    Funny how all those screaming that Grenfell must not be politicised change their tune when a Labour council hoves into view.
  • MortimerMortimer Posts: 14,158

    OP is wrong imo. If the QS passes, then by definition there is C&S whether or not there is a formal agreement. What OGH has actually backed is a Conservative coalition with either or both the DUP or SNP and 60/1 is not a tempting price.

    Surely not C&S if DUP abstain?
  • DecrepitJohnLDecrepitJohnL Posts: 13,300
    OT Royal Ascot betting has not gone according to plan. I'd have had more luck betting on the colour of the queen's hat.
  • CarlottaVanceCarlottaVance Posts: 60,229

    Surely a 'minority' government is one which maintains the confidence of the house, passing budgets and legislation without having a majority of MPs?

    In other news...how many guesses on how often the Guardian mentions which party runs Camden council (and has for all but four of the last 40 years...)

    https://www.theguardian.com/uk-news/2017/jun/24/have-you-been-affected-by-the-camden-tower-block-evacuations?CMP=share_btn_tw

    Funny how all those screaming that Grenfell must not be politicised change their tune when a Labour council hoves into view.
    Funny how those claiming Tories kill turn silent when a Labour Council hoves into view....
  • Philip_ThompsonPhilip_Thompson Posts: 65,826
    Mortimer said:

    OP is wrong imo. If the QS passes, then by definition there is C&S whether or not there is a formal agreement. What OGH has actually backed is a Conservative coalition with either or both the DUP or SNP and 60/1 is not a tempting price.

    Surely not C&S if DUP abstain?
    If DUP abstain then it is a Con minority still as Con's have a slim working majority if Sinn Fein, DUP and Speaker abstain.

    Think of it another way, under Betfair rules it is clear that 326 is required for a majority. But if the Tories had got 325 then taking Speaker and Sinn Fein into account there would have been a very slim working majority but no actual majority.

    Even if every other party voted against them they'd still win a majority if a three line whip is observed.
  • DecrepitJohnLDecrepitJohnL Posts: 13,300

    Surely a 'minority' government is one which maintains the confidence of the house, passing budgets and legislation without having a majority of MPs?

    In other news...how many guesses on how often the Guardian mentions which party runs Camden council (and has for all but four of the last 40 years...)

    https://www.theguardian.com/uk-news/2017/jun/24/have-you-been-affected-by-the-camden-tower-block-evacuations?CMP=share_btn_tw

    Funny how all those screaming that Grenfell must not be politicised change their tune when a Labour council hoves into view.
    Funny how those claiming Tories kill turn silent when a Labour Council hoves into view....
    Did anyone claim that on here? There was a lot of criticism that Theresa May was slow to get a grip but I don't recall anyone saying she'd installed the cladding herself, let alone had been spotted with a box of matches and can of petrol.
  • Sean_FSean_F Posts: 37,726

    DUP talking to Labour and LibDems. They govern NI with Sinn Fein. Don't tell me they won't do a deal with Labour because Corbyn...

    Corbyn would have to offer something very big to the DUP, to get them onside.

    But, stranger things have happened.
  • DecrepitJohnLDecrepitJohnL Posts: 13,300
    Mortimer said:

    OP is wrong imo. If the QS passes, then by definition there is C&S whether or not there is a formal agreement. What OGH has actually backed is a Conservative coalition with either or both the DUP or SNP and 60/1 is not a tempting price.

    Surely not C&S if DUP abstain?
    If the QS passes then the government enjoys C&S -- regardless of what any other party may or may not do.
  • isamisam Posts: 41,118

    Surely a 'minority' government is one which maintains the confidence of the house, passing budgets and legislation without having a majority of MPs?

    In other news...how many guesses on how often the Guardian mentions which party runs Camden council (and has for all but four of the last 40 years...)

    https://www.theguardian.com/uk-news/2017/jun/24/have-you-been-affected-by-the-camden-tower-block-evacuations?CMP=share_btn_tw

    Funny how all those screaming that Grenfell must not be politicised change their tune when a Labour council hoves into view.
    Funny how those claiming Tories kill turn silent when a Labour Council hoves into view....
    Did anyone claim that on here? There was a lot of criticism that Theresa May was slow to get a grip but I don't recall anyone saying she'd installed the cladding herself, let alone had been spotted with a box of matches and can of petrol.
    Maybe not on here, that wasn't actually claimed, but Diane Abbott certainly blamed the Tories for the deaths
  • GeoffMGeoffM Posts: 6,071

    OT Royal Ascot betting has not gone according to plan. I'd have had more luck betting on the colour of the queen's hat.

    I didn't do very much at RA this year and my lack of research showed. I'm down although not by too much.

    I'll make it all back on the F1 tomorrow in my traditional manner - betting against everything Mr Dancer recommends. *grin*
  • CarlottaVanceCarlottaVance Posts: 60,229

    Surely a 'minority' government is one which maintains the confidence of the house, passing budgets and legislation without having a majority of MPs?

    In other news...how many guesses on how often the Guardian mentions which party runs Camden council (and has for all but four of the last 40 years...)

    https://www.theguardian.com/uk-news/2017/jun/24/have-you-been-affected-by-the-camden-tower-block-evacuations?CMP=share_btn_tw

    Funny how all those screaming that Grenfell must not be politicised change their tune when a Labour council hoves into view.
    Funny how those claiming Tories kill turn silent when a Labour Council hoves into view....
    Did anyone claim that on here? There was a lot of criticism that Theresa May was slow to get a grip but I don't recall anyone saying she'd installed the cladding herself, let alone had been spotted with a box of matches and can of petrol.
    You've been living a very sheltered life if you missed the commentary:

    The horror of poor people burned alive within feet of the country’s grandest mansions… perfectly captures the politics of the past seven years’, says Guardian columnist Polly Toynbee. Perfectly: there’s a ghoulish relish here, a perverse glee at how allegedly perfect is this symbol in west London, this fiery judgement. And note that it only indicts the past seven years. It says nothing about the preceding 13 years? About the New Labour era, with its deregulation, its demeaning of social-housing residents as ‘anti-social’ pests, its failures in house-building? Of course not: this fire only says what Ms Toynbee wants it to say. It’s her fire.

    http://www.spiked-online.com/newsite/article/after-the-fire-grenfell-tower/19974#.WU5sicaQ3UY
  • GeoffMGeoffM Posts: 6,071

    Surely a 'minority' government is one which maintains the confidence of the house, passing budgets and legislation without having a majority of MPs?

    In other news...how many guesses on how often the Guardian mentions which party runs Camden council (and has for all but four of the last 40 years...)

    https://www.theguardian.com/uk-news/2017/jun/24/have-you-been-affected-by-the-camden-tower-block-evacuations?CMP=share_btn_tw

    Funny how all those screaming that Grenfell must not be politicised change their tune when a Labour council hoves into view.
    Funny how those claiming Tories kill turn silent when a Labour Council hoves into view....
    Did anyone claim that on here? There was a lot of criticism that Theresa May was slow to get a grip but I don't recall anyone saying she'd installed the cladding herself, let alone had been spotted with a box of matches and can of petrol.
    "claim" v "claim on here".

    World=/=PB
  • NigelbNigelb Posts: 72,971
    edited June 2017
    GeoffM said:

    This bet formulation is too vague, in my opinion, and will only end up in punter tears.

    Not for those who had money on Con minority, and have since cashed out....
    :-)
  • CarlottaVanceCarlottaVance Posts: 60,229
    isam said:

    Surely a 'minority' government is one which maintains the confidence of the house, passing budgets and legislation without having a majority of MPs?

    In other news...how many guesses on how often the Guardian mentions which party runs Camden council (and has for all but four of the last 40 years...)

    https://www.theguardian.com/uk-news/2017/jun/24/have-you-been-affected-by-the-camden-tower-block-evacuations?CMP=share_btn_tw

    Funny how all those screaming that Grenfell must not be politicised change their tune when a Labour council hoves into view.
    Funny how those claiming Tories kill turn silent when a Labour Council hoves into view....
    Did anyone claim that on here? There was a lot of criticism that Theresa May was slow to get a grip but I don't recall anyone saying she'd installed the cladding herself, let alone had been spotted with a box of matches and can of petrol.
    Diane Abbott certainly blamed the Tories for the deaths
    'Tory attitudes to social housing' killed hundreds at Grenfell - Diane Abbott

    http://www.express.co.uk/news/uk/820908/Grenfell-Tower-fire-Diane-Abbott-death-toll-Tory-social-housing
  • MikeLMikeL Posts: 7,736
    Sean_F said:

    DUP talking to Labour and LibDems. They govern NI with Sinn Fein. Don't tell me they won't do a deal with Labour because Corbyn...

    Corbyn would have to offer something very big to the DUP, to get them onside.

    But, stranger things have happened.
    Worth noting that:

    Con + DUP has majority of 13

    Lab + everyone else (including DUP) has majority of 7

    So Lab with DUP much less stable than Con with DUP.

    Though Corbyn probably wouldn't mind that and would strongly fancy his chances at another quick GE.
  • DavidLDavidL Posts: 54,215
    GeoffM said:

    Surely a 'minority' government is one which maintains the confidence of the house, passing budgets and legislation without having a majority of MPs?

    In other news...how many guesses on how often the Guardian mentions which party runs Camden council (and has for all but four of the last 40 years...)

    https://www.theguardian.com/uk-news/2017/jun/24/have-you-been-affected-by-the-camden-tower-block-evacuations?CMP=share_btn_tw

    Funny how all those screaming that Grenfell must not be politicised change their tune when a Labour council hoves into view.
    Funny how those claiming Tories kill turn silent when a Labour Council hoves into view....
    Did anyone claim that on here? There was a lot of criticism that Theresa May was slow to get a grip but I don't recall anyone saying she'd installed the cladding herself, let alone had been spotted with a box of matches and can of petrol.
    "claim" v "claim on here".

    World=/=PB
    But surely the world is not the better for it?
  • Sean_FSean_F Posts: 37,726
    MikeL said:

    Sean_F said:

    DUP talking to Labour and LibDems. They govern NI with Sinn Fein. Don't tell me they won't do a deal with Labour because Corbyn...

    Corbyn would have to offer something very big to the DUP, to get them onside.

    But, stranger things have happened.
    Worth noting that:

    Con + DUP has majority of 13

    Lab + everyone else (including DUP) has majority of 7

    So Lab with DUP much less stable than Con with DUP.

    Though Corbyn probably wouldn't mind that and would strongly fancy his chances at another quick GE.
    The DUP might reckon they have more leverage over a party with 262 MP's than one with 318.
  • Philip_ThompsonPhilip_Thompson Posts: 65,826
    Sean_F said:

    DUP talking to Labour and LibDems. They govern NI with Sinn Fein. Don't tell me they won't do a deal with Labour because Corbyn...

    Corbyn would have to offer something very big to the DUP, to get them onside.

    But, stranger things have happened.
    Corbyn would have to offer something very big to the SNP to get them onside.

    It suits the SNP to be the valiant lone defenders of Scotland against Westminster. They're not interested in being Corbyn's lapdogs inside Westminster - as much as in public they'll claim to be interested they'd find any reason to let a rainbow coalition fall apart so long as they can escape the blame.
  • NigelbNigelb Posts: 72,971
    If the market is voided, do I lose all my profits even though I'm cashed out ?
    I would not be happy.
  • DavidLDavidL Posts: 54,215
    Sean_F said:

    MikeL said:

    Sean_F said:

    DUP talking to Labour and LibDems. They govern NI with Sinn Fein. Don't tell me they won't do a deal with Labour because Corbyn...

    Corbyn would have to offer something very big to the DUP, to get them onside.

    But, stranger things have happened.
    Worth noting that:

    Con + DUP has majority of 13

    Lab + everyone else (including DUP) has majority of 7

    So Lab with DUP much less stable than Con with DUP.

    Though Corbyn probably wouldn't mind that and would strongly fancy his chances at another quick GE.
    The DUP might reckon they have more leverage over a party with 262 MP's than one with 318.
    They obviously don't because they can't deliver a majority to such a party. They can deliver a majority to a party of 318 though.
  • NigelbNigelb Posts: 72,971
    Is Ricciardo in Mr Dancer's pocket ?
    He appears to have handed Bottas pole with that red flag.
  • LadyBucketLadyBucket Posts: 590
    Does anyone agree with me, that the coverage of Royal Ascot on ITV, has been an absolute shambles? Talk about dumbing-down, it seems to be all about the third-rate presenters.
  • MikeSmithsonMikeSmithson Posts: 7,382

    Mortimer said:

    OP is wrong imo. If the QS passes, then by definition there is C&S whether or not there is a formal agreement. What OGH has actually backed is a Conservative coalition with either or both the DUP or SNP and 60/1 is not a tempting price.

    Surely not C&S if DUP abstain?
    If DUP abstain then it is a Con minority still as Con's have a slim working majority if Sinn Fein, DUP and Speaker abstain.

    Think of it another way, under Betfair rules it is clear that 326 is required for a majority. But if the Tories had got 325 then taking Speaker and Sinn Fein into account there would have been a very slim working majority but no actual majority.

    Even if every other party voted against them they'd still win a majority if a three line whip is observed.
    The definition is specific - confidence AND supply are required.
  • Sean_FSean_F Posts: 37,726

    Sean_F said:

    DUP talking to Labour and LibDems. They govern NI with Sinn Fein. Don't tell me they won't do a deal with Labour because Corbyn...

    Corbyn would have to offer something very big to the DUP, to get them onside.

    But, stranger things have happened.
    Corbyn would have to offer something very big to the SNP to get them onside.

    It suits the SNP to be the valiant lone defenders of Scotland against Westminster. They're not interested in being Corbyn's lapdogs inside Westminster - as much as in public they'll claim to be interested they'd find any reason to let a rainbow coalition fall apart so long as they can escape the blame.
    I should think that SLAB detest them, in any case.
  • Philip_ThompsonPhilip_Thompson Posts: 65,826

    Mortimer said:

    OP is wrong imo. If the QS passes, then by definition there is C&S whether or not there is a formal agreement. What OGH has actually backed is a Conservative coalition with either or both the DUP or SNP and 60/1 is not a tempting price.

    Surely not C&S if DUP abstain?
    If DUP abstain then it is a Con minority still as Con's have a slim working majority if Sinn Fein, DUP and Speaker abstain.

    Think of it another way, under Betfair rules it is clear that 326 is required for a majority. But if the Tories had got 325 then taking Speaker and Sinn Fein into account there would have been a very slim working majority but no actual majority.

    Even if every other party voted against them they'd still win a majority if a three line whip is observed.
    The definition is specific - confidence AND supply are required.
    If the QS passes they have confidence, if a budget passes they have supply.
  • rcs1000rcs1000 Posts: 57,892
    Sean_F said:

    DUP talking to Labour and LibDems. They govern NI with Sinn Fein. Don't tell me they won't do a deal with Labour because Corbyn...

    Corbyn would have to offer something very big to the DUP, to get them onside.

    But, stranger things have happened.
    I still really like my idea of a new high speed train line between Belfast and Dublin.
  • GeoffMGeoffM Posts: 6,071
    Nigelb said:

    GeoffM said:

    This bet formulation is too vague, in my opinion, and will only end up in punter tears.

    Not for those who had money on Con minority, and have since cashed out....
    :-)
    If you get to keep it! Can they take it back?
  • Sean_FSean_F Posts: 37,726
    DavidL said:

    Sean_F said:

    MikeL said:

    Sean_F said:

    DUP talking to Labour and LibDems. They govern NI with Sinn Fein. Don't tell me they won't do a deal with Labour because Corbyn...

    Corbyn would have to offer something very big to the DUP, to get them onside.

    But, stranger things have happened.
    Worth noting that:

    Con + DUP has majority of 13

    Lab + everyone else (including DUP) has majority of 7

    So Lab with DUP much less stable than Con with DUP.

    Though Corbyn probably wouldn't mind that and would strongly fancy his chances at another quick GE.
    The DUP might reckon they have more leverage over a party with 262 MP's than one with 318.
    They obviously don't because they can't deliver a majority to such a party. They can deliver a majority to a party of 318 though.
    I don't think a Lab/DUP deal is likely, but it does remind me of one of those anti-Fianna Fail coalitions that were occasionally formed when they were the lead party in Irish politics.
  • NigelbNigelb Posts: 72,971

    Surely a 'minority' government is one which maintains the confidence of the house, passing budgets and legislation without having a majority of MPs?

    In other news...how many guesses on how often the Guardian mentions which party runs Camden council (and has for all but four of the last 40 years...)

    https://www.theguardian.com/uk-news/2017/jun/24/have-you-been-affected-by-the-camden-tower-block-evacuations?CMP=share_btn_tw

    Funny how all those screaming that Grenfell must not be politicised change their tune when a Labour council hoves into view.
    Surely the point is that this really isn't a party political issue ?

    It's a political issue in that it's clearly a long standing problem which hasn't been addressed by various administrations, and needs sorting. The competition to assign blame on either side is pathetic.

  • DecrepitJohnLDecrepitJohnL Posts: 13,300

    Mortimer said:

    OP is wrong imo. If the QS passes, then by definition there is C&S whether or not there is a formal agreement. What OGH has actually backed is a Conservative coalition with either or both the DUP or SNP and 60/1 is not a tempting price.

    Surely not C&S if DUP abstain?
    If DUP abstain then it is a Con minority still as Con's have a slim working majority if Sinn Fein, DUP and Speaker abstain.

    Think of it another way, under Betfair rules it is clear that 326 is required for a majority. But if the Tories had got 325 then taking Speaker and Sinn Fein into account there would have been a very slim working majority but no actual majority.

    Even if every other party voted against them they'd still win a majority if a three line whip is observed.
    The definition is specific - confidence AND supply are required.
    Yes but no because in practice the bet will be settled after the QS passes (or doesn't). Betfair are hardly likely to keep the bet open till 2020 on the off-chance that Hammond's fourth budget will fail.
  • isamisam Posts: 41,118
    edited June 2017
    Nigelb said:

    Surely a 'minority' government is one which maintains the confidence of the house, passing budgets and legislation without having a majority of MPs?

    In other news...how many guesses on how often the Guardian mentions which party runs Camden council (and has for all but four of the last 40 years...)

    https://www.theguardian.com/uk-news/2017/jun/24/have-you-been-affected-by-the-camden-tower-block-evacuations?CMP=share_btn_tw

    Funny how all those screaming that Grenfell must not be politicised change their tune when a Labour council hoves into view.
    Surely the point is that this really isn't a party political issue ?

    It's a political issue in that it's clearly a long standing problem which hasn't been addressed by various administrations, and needs sorting. The competition to assign blame on either side is pathetic.

    I agree. People trying to make it about one party or the other, esp when ALL parties have been in charge this century, are just being stupid, petty, and quite insensitive I would say
  • david_herdsondavid_herdson Posts: 17,988

    Mortimer said:

    OP is wrong imo. If the QS passes, then by definition there is C&S whether or not there is a formal agreement. What OGH has actually backed is a Conservative coalition with either or both the DUP or SNP and 60/1 is not a tempting price.

    Surely not C&S if DUP abstain?
    If DUP abstain then it is a Con minority still as Con's have a slim working majority if Sinn Fein, DUP and Speaker abstain.

    Think of it another way, under Betfair rules it is clear that 326 is required for a majority. But if the Tories had got 325 then taking Speaker and Sinn Fein into account there would have been a very slim working majority but no actual majority.

    Even if every other party voted against them they'd still win a majority if a three line whip is observed.
    The definition is specific - confidence AND supply are required.
    I agree with your interpretation. It's a stupid definition - a minority government *ought* to be defined as one which has fewer MPs than the all the other parties which take their seats combined - but that's not how Betfair have worded it and it's the published definition that counts.
  • DecrepitJohnLDecrepitJohnL Posts: 13,300

    Does anyone agree with me, that the coverage of Royal Ascot on ITV, has been an absolute shambles? Talk about dumbing-down, it seems to be all about the third-rate presenters.

    Racing suffers from what the Australians used to call a cultural cringe. Here, the assumption that any viewers have tuned in by mistake so need to be entertained by plate-spinning presenters. Football coverage generally starts from the belief that viewers want to watch football. Closer to home, the BBC's election coverage had the same fault.
  • MikeLMikeL Posts: 7,736
    If DUP does deal with Lab it's worth bearing in mind the LDs.

    SNP, PC, Green will support all Lab economic policies.

    But LDs won't - even Cable has been very scathing.

    So Corbyn won't be able to introduce vast majority of his tax and spend plans as LDs will block.

    Another GE would surely thus follow almost immediately.
  • NigelbNigelb Posts: 72,971
    Nigelb said:

    Is Ricciardo in Mr Dancer's pocket ?
    He appears to have handed Bottas pole with that red flag.

    Very happy with the Hamilton pole - and surely Mr.D's hedge came off ?
  • GeoffMGeoffM Posts: 6,071
    edited June 2017
    BETTING POST: Ballator 180 Mixed Martial Arts

    Is anyone betting on the Bellator 180 MMA tonight?

    For what it's worth I'm taking Silva over Sonnen. Sonnen's great at the hype before a fight and that's just not here this time around.

    Fedor is nothing without sympathetic Russian judges and only carries name recoginition. Mitrione for that one.

    Larkin is quite underrated in my opinion but Douglas Lima should take that one.

    Have gone for a Patent across that lot.

    Edited to expand MMA
  • DavidLDavidL Posts: 54,215
    GeoffM said:

    BETTING POST

    Is anyone betting on the Bellator 180 MMA tonight?

    For what it's worth I'm taking Silva over Sonnen. Sonnen's great at the hype before a fight and that's just not here this time around.

    Fedor is nothing without sympathetic Russian judges and only carries name recoginition. Mitrione for that one.

    Larkin is quite underrated in my opinion but Douglas Lima should take that one.

    Have gone for a Patent across that lot.

    I'm guessing Mixed Martial Arts?
  • GeoffMGeoffM Posts: 6,071
    edited June 2017
    DavidL said:

    GeoffM said:

    BETTING POST

    Is anyone betting on the Bellator 180 MMA tonight?

    For what it's worth I'm taking Silva over Sonnen. Sonnen's great at the hype before a fight and that's just not here this time around.

    Fedor is nothing without sympathetic Russian judges and only carries name recoginition. Mitrione for that one.

    Larkin is quite underrated in my opinion but Douglas Lima should take that one.

    Have gone for a Patent across that lot.

    I'm guessing Mixed Martial Arts?
    With apologies, yes. Let me see if I've still got time to go back and edit that post for clarity.

    Edit: Post updated. Thanks DavidL

  • Sean_FSean_F Posts: 37,726
    MikeL said:

    If DUP does deal with Lab it's worth bearing in mind the LDs.

    SNP, PC, Green will support all Lab economic policies.

    But LDs won't - even Cable has been very scathing.

    So Corbyn won't be able to introduce vast majority of his tax and spend plans as LDs will block.

    Another GE would surely thus follow almost immediately.

    Only if a majority of MP's saw an advantage to it.
  • DavidLDavidL Posts: 54,215
    MikeL said:

    If DUP does deal with Lab it's worth bearing in mind the LDs.

    SNP, PC, Green will support all Lab economic policies.

    But LDs won't - even Cable has been very scathing.

    So Corbyn won't be able to introduce vast majority of his tax and spend plans as LDs will block.

    Another GE would surely thus follow almost immediately.

    Surely that is the whole point for Corbyn. He thinks if there is another election he is going to win it. Any coalition government under him will last long enough to trigger the election and not a minute longer. Which all the other potential participants need to think about.
  • IanB2IanB2 Posts: 50,288
    edited June 2017

    OP is wrong imo. If the QS passes, then by definition there is C&S whether or not there is a formal agreement. What OGH has actually backed is a Conservative coalition with either or both the DUP or SNP and 60/1 is not a tempting price.

    +1

    As I flagged in the previous threat, Betfair are all over the place with the definitions they are using in their rules for these bets. On the basis of the discussion here I am cashing out of the next government market and moving money into the PM after the election market, which amounts to the same thing except for the small chance that May wins the QS and then resigns on the spot.

    My guess is that 'confidence and supply' is being used loosely to indicate that a minority government gets its QS through, and is neither intended to require any sort of formal agreement nor are 'confidence' and 'supply' intended to be two different things.
  • rottenboroughrottenborough Posts: 63,533
    Actually there is another open GE market on BF - PM after the GE. Still not settled as awaiting Royal Assent on QS.
  • IanB2IanB2 Posts: 50,288

    Mortimer said:

    OP is wrong imo. If the QS passes, then by definition there is C&S whether or not there is a formal agreement. What OGH has actually backed is a Conservative coalition with either or both the DUP or SNP and 60/1 is not a tempting price.

    Surely not C&S if DUP abstain?
    If DUP abstain then it is a Con minority still as Con's have a slim working majority if Sinn Fein, DUP and Speaker abstain.

    Think of it another way, under Betfair rules it is clear that 326 is required for a majority. But if the Tories had got 325 then taking Speaker and Sinn Fein into account there would have been a very slim working majority but no actual majority.

    Even if every other party voted against them they'd still win a majority if a three line whip is observed.
    The definition is specific - confidence AND supply are required.
    Yes but no because in practice the bet will be settled after the QS passes (or doesn't). Betfair are hardly likely to keep the bet open till 2020 on the off-chance that Hammond's fourth budget will fail.
    Betfair told me this morning that they are waiting until the QS vote to settle these bets. Personally I regard their rules as highly ambiguous, but the customer services person this morning was having none of it. Her interpretation was along the lines of the longer text that TSE posted in the previous thread, not that I can find this on the BFex website.
  • rottenboroughrottenborough Posts: 63,533
    IanB2 said:

    OP is wrong imo. If the QS passes, then by definition there is C&S whether or not there is a formal agreement. What OGH has actually backed is a Conservative coalition with either or both the DUP or SNP and 60/1 is not a tempting price.

    +1

    As I flagged in the previous threat, Betfair are all over the place with the definitions they are using in their rules for these bets. On the basis of the discussion here I am cashing out of the next government market and moving money into the PM after the election market, which amounts to the same thing except for the small chance that May wins the QS and then resigns on the spot.

    My guess is that 'confidence and supply' is being used loosely to indicate that a minority government gets its QS through, and is neither intended to require any sort of formal agreement nor are 'confidence' and 'supply' intended to be two different things.
    This paper from Institute for Government is useful:


    https://www.instituteforgovernment.org.uk/sites/default/files/publications/IfG Insight Confidence and Supply final.pdf

    "The scope and detail of such agreements can
    vary substantially.

    The 1977 agreement between the minority Labour government and the Liberal Party
    (the Lib-Lab pact) took the form of a short and fairly vague joint statement by the two
    party leaders (Callaghan and Steel) at a time when the government faced the prospect
    of defeat on its public spending plans"
  • rottenboroughrottenborough Posts: 63,533
    I see BF say that C & S would be "enjoyed" by the governing party.

    Not sure thats how Tories will see it :-)

    But, more formally, BF does not spell out what form the C&S must take. Could be a one line statement as per Liberals in 1970s.
  • surbitonsurbiton Posts: 13,549
    Since this QS is for two years, was Boundary Commission proposals mentioned in it ?
  • Morris_DancerMorris_Dancer Posts: 62,074
    Good afternoon, everyone.

    Interesting idea. Might put a couple of pounds on it.

    F1: will set about writing the pre-race nonsense, but it'll probably be a while before the markets wake up. If Ladbrokes have the group markets again I'll check those.
  • Philip_ThompsonPhilip_Thompson Posts: 65,826
    surbiton said:

    Since this QS is for two years, was Boundary Commission proposals mentioned in it ?

    Boundary Commission law changes have already received royal assent in the 2010-15 Parliament. They're already the law now.

    Only if they were planning to change the law (ie to go back to 650 constituencies) would it be mentioned in the Queen's Speech surely?

    Parliament has to vote on the new boundaries but it won't be an Act of Parliament. It would take an Act of Parliament to have 650 new boundaries though.
  • OldKingColeOldKingCole Posts: 33,885
    surbiton said:

    Since this QS is for two years, was Boundary Commission proposals mentioned in it ?

    IIRC, no. No ‘constitution stuff’ at all.
  • DavidLDavidL Posts: 54,215

    I see BF say that C & S would be "enjoyed" by the governing party.

    Not sure thats how Tories will see it :-)

    But, more formally, BF does not spell out what form the C&S must take. Could be a one line statement as per Liberals in 1970s.

    Pretty much the only pleasure I can see for Tories in the next couple of years is watching the frustration build in Corbyn and hoping he explodes.
  • rottenboroughrottenborough Posts: 63,533
    Just had a nibble on Zuckerberg for POTUS 2020.

    Just a bit of fun.

    But:

    https://twitter.com/stephenkb/status/878595878122127361
  • rottenboroughrottenborough Posts: 63,533
    DavidL said:

    I see BF say that C & S would be "enjoyed" by the governing party.

    Not sure thats how Tories will see it :-)

    But, more formally, BF does not spell out what form the C&S must take. Could be a one line statement as per Liberals in 1970s.

    Pretty much the only pleasure I can see for Tories in the next couple of years is watching the frustration build in Corbyn and hoping he explodes.
    Corbyn will probably remain zen-like.

    His mad supporters on the other hand already think he is the PM. They will self-combust.
  • rottenboroughrottenborough Posts: 63,533

    surbiton said:

    Since this QS is for two years, was Boundary Commission proposals mentioned in it ?

    IIRC, no. No ‘constitution stuff’ at all.
    Pretty sure the boundary changes are dead.
  • IanB2IanB2 Posts: 50,288

    surbiton said:

    Since this QS is for two years, was Boundary Commission proposals mentioned in it ?

    Boundary Commission law changes have already received royal assent in the 2010-15 Parliament. They're already the law now.

    Only if they were planning to change the law (ie to go back to 650 constituencies) would it be mentioned in the Queen's Speech surely?

    Parliament has to vote on the new boundaries but it won't be an Act of Parliament. It would take an Act of Parliament to have 650 new boundaries though.
    Parliament also has to amend the BC review timetable to de-link it from the 2015-2020-2025 timetable hard-wired into the FTPA. When they do so, I expect the 2018 review will be dropped and the BC will be asked to start again, working to 650 seats and more sensible and more flexible review criteria.
  • surbitonsurbiton Posts: 13,549

    surbiton said:

    Since this QS is for two years, was Boundary Commission proposals mentioned in it ?

    Boundary Commission law changes have already received royal assent in the 2010-15 Parliament. They're already the law now.

    Only if they were planning to change the law (ie to go back to 650 constituencies) would it be mentioned in the Queen's Speech surely?

    Parliament has to vote on the new boundaries but it won't be an Act of Parliament. It would take an Act of Parliament to have 650 new boundaries though.
    So are you saying the DUP. for example, will just accept their seats potentially go down by 2 ?

    I am still puzzled by your answer. Parliament has decided that there will be 600 MPs at the next election but not their boundaries. Is that correct ? So how does that work ?
  • Morris_DancerMorris_Dancer Posts: 62,074
    Mr. Borough, 34 on Ladbrokes. Put a tiny sum on.

    I hope he doesn't get it.
  • IanB2IanB2 Posts: 50,288
    surbiton said:

    surbiton said:

    Since this QS is for two years, was Boundary Commission proposals mentioned in it ?

    Boundary Commission law changes have already received royal assent in the 2010-15 Parliament. They're already the law now.

    Only if they were planning to change the law (ie to go back to 650 constituencies) would it be mentioned in the Queen's Speech surely?

    Parliament has to vote on the new boundaries but it won't be an Act of Parliament. It would take an Act of Parliament to have 650 new boundaries though.
    So are you saying the DUP. for example, will just accept their seats potentially go down by 2 ?

    I am still puzzled by your answer. Parliament has decided that there will be 600 MPs at the next election but not their boundaries. Is that correct ? So how does that work ?
    For the review to be confirmed, the final recommendations (which we won't have until Xmas) need to be accepted by a vote of Parliament. I don't think this will happen, and expect that, prior, Parliament will be asked to suspend the review and instruct the BC to start again. This may commence from the Lords, as it did last time.
  • paulyork64paulyork64 Posts: 2,507
    Nigelb said:

    If the market is voided, do I lose all my profits even though I'm cashed out ?
    I would not be happy.

    I'm pretty certain you keep your profits. With a bookie on the exchange.
  • Philip_ThompsonPhilip_Thompson Posts: 65,826
    surbiton said:

    surbiton said:

    Since this QS is for two years, was Boundary Commission proposals mentioned in it ?

    Boundary Commission law changes have already received royal assent in the 2010-15 Parliament. They're already the law now.

    Only if they were planning to change the law (ie to go back to 650 constituencies) would it be mentioned in the Queen's Speech surely?

    Parliament has to vote on the new boundaries but it won't be an Act of Parliament. It would take an Act of Parliament to have 650 new boundaries though.
    So are you saying the DUP. for example, will just accept their seats potentially go down by 2 ?

    I am still puzzled by your answer. Parliament has decided that there will be 600 MPs at the next election but not their boundaries. Is that correct ? So how does that work ?
    The DUP may vote down the new boundaries (as Clegg basically did) but it won't be via an Act of Parliament that they are enacted or rejected.

    Yes Parliament has decided that there will be 600 MPs but not their boundaries. Parliament doesn't define the boundaries, though it does ratify them. Parliament sets the law which sets how the boundary review is conducted. The 600 MPs rule has already been passed in an Act of Parliament so it is already the law. Until the new boundaries are ratified though (which barring a new Act of Parliament will be at 600 MPs) we are left with the old boundaries.
  • Scrapheap_as_wasScrapheap_as_was Posts: 10,069
    corbyn o'clock.... where's my bucket.
  • Philip_ThompsonPhilip_Thompson Posts: 65,826
    IanB2 said:

    surbiton said:

    Since this QS is for two years, was Boundary Commission proposals mentioned in it ?

    Boundary Commission law changes have already received royal assent in the 2010-15 Parliament. They're already the law now.

    Only if they were planning to change the law (ie to go back to 650 constituencies) would it be mentioned in the Queen's Speech surely?

    Parliament has to vote on the new boundaries but it won't be an Act of Parliament. It would take an Act of Parliament to have 650 new boundaries though.
    Parliament also has to amend the BC review timetable to de-link it from the 2015-2020-2025 timetable hard-wired into the FTPA. When they do so, I expect the 2018 review will be dropped and the BC will be asked to start again, working to 650 seats and more sensible and more flexible review criteria.
    Does Parliament need to de-link it? Surely if Parliament doesn't act then the 2018 review just continues uninterrupted.

    If Parliament were going to do as you propose then that should be in the Queen's Speech.
  • tlg86tlg86 Posts: 26,274
    Why didn't Shadsy do a Glasto Bingo today?
  • NigelbNigelb Posts: 72,971

    Good afternoon, everyone.

    Interesting idea. Might put a couple of pounds on it.

    F1: will set about writing the pre-race nonsense, but it'll probably be a while before the markets wake up. If Ladbrokes have the group markets again I'll check those.

    Afternoon, Mr.D
    Did the Bottas hedge match for you ?

    Surely a safety car in the race - I'll be pleasantly surprised if everyone makes it to the end of lap 1 - but odds probably not good enough to bet on it. Might throw up some interesting changes to the race order, though...
  • isamisam Posts: 41,118

    Nigelb said:

    If the market is voided, do I lose all my profits even though I'm cashed out ?
    I would not be happy.

    I'm pretty certain you keep your profits. With a bookie on the exchange.
    If the market is voided you lose your profits. Just like if you green up both sides on a limited overs cricket match and its a tie
  • YorkcityYorkcity Posts: 4,382
    Corbyn on stage at Glastonbury now .Sky news.
  • Scrapheap_as_wasScrapheap_as_was Posts: 10,069
    Happy slappy drivel.
  • HaroldOHaroldO Posts: 1,185
    Jebus. He is the touch of death for political success though.
  • Morris_DancerMorris_Dancer Posts: 62,074
    Mr. B, yes :)

    Hedging is proving much better this season than not hedging. So far, anyway.

    The safety car odds, last time they were up, were 1.22 yes, 4 no. Neither tempts me.

    Only a handful of markets up on Ladbrokes currently.
  • tlg86tlg86 Posts: 26,274

    Happy slappy drivel.

    I think I preferred Radiohead.
  • DavidLDavidL Posts: 54,215
    tlg86 said:

    Happy slappy drivel.

    I think I preferred Radiohead.
    Is he really that bad?
  • tlg86tlg86 Posts: 26,274
    DavidL said:

    tlg86 said:

    Happy slappy drivel.

    I think I preferred Radiohead.
    Is he really that bad?
    He's very much delighting the demo.
  • rottenboroughrottenborough Posts: 63,533
    HaroldO said:

    Jebus. He is the touch of death for political success though.
    he has bought a new shirt.
  • ydoethurydoethur Posts: 72,157
    Nigelb said:

    Surely a 'minority' government is one which maintains the confidence of the house, passing budgets and legislation without having a majority of MPs?

    In other news...how many guesses on how often the Guardian mentions which party runs Camden council (and has for all but four of the last 40 years...)

    https://www.theguardian.com/uk-news/2017/jun/24/have-you-been-affected-by-the-camden-tower-block-evacuations?CMP=share_btn_tw

    Funny how all those screaming that Grenfell must not be politicised change their tune when a Labour council hoves into view.
    Surely the point is that this really isn't a party political issue ?

    It's a political issue in that it's clearly a long standing problem which hasn't been addressed by various administrations, and needs sorting. The competition to assign blame on either side is pathetic.

    :+1:
  • DecrepitJohnLDecrepitJohnL Posts: 13,300
    calum said:
    Too much encryption I expect. It will be interesting to see if this is actually a cyberattack and not just the web interface has fallen over while the IT team is on a jolly at Glasto.
  • rottenboroughrottenborough Posts: 63,533
    Mind altering drugs at glasto?

    I am shocked I tell you..
  • ydoethurydoethur Posts: 72,157
    The old drug scene still going live and well at Glastonbury, I see. I'm not altogether surprised Jones favours hallucinogenics either.
  • YorkcityYorkcity Posts: 4,382
    tlg86 said:

    Happy slappy drivel.

    I think I preferred Radiohead.
    Ed Sheeran another Yorkshire success.
  • Scrapheap_as_wasScrapheap_as_was Posts: 10,069
    He's stll blathering on beyond the 4.15pm time that Run The Jewels are supposed to be on...
  • williamglennwilliamglenn Posts: 52,854
    DavidL said:

    tlg86 said:

    Happy slappy drivel.

    I think I preferred Radiohead.
    Is he really that bad?
    He's sticking to his back catalogue instead of boring people with new material.
  • tlg86tlg86 Posts: 26,274
    What the fuck is "The Fourth World"?
  • IanB2IanB2 Posts: 50,288
    edited June 2017

    IanB2 said:

    surbiton said:

    Since this QS is for two years, was Boundary Commission proposals mentioned in it ?

    Boundary Commission law changes have already received royal assent in the 2010-15 Parliament. They're already the law now.

    Only if they were planning to change the law (ie to go back to 650 constituencies) would it be mentioned in the Queen's Speech surely?

    Parliament has to vote on the new boundaries but it won't be an Act of Parliament. It would take an Act of Parliament to have 650 new boundaries though.
    Parliament also has to amend the BC review timetable to de-link it from the 2015-2020-2025 timetable hard-wired into the FTPA. When they do so, I expect the 2018 review will be dropped and the BC will be asked to start again, working to 650 seats and more sensible and more flexible review criteria.
    Does Parliament need to de-link it? Surely if Parliament doesn't act then the 2018 review just continues uninterrupted.

    If Parliament were going to do as you propose then that should be in the Queen's Speech.
    No, not at all.

    If the existing review were to be implemented, it would come before Parliament in the normal way during 2018, and be agreed.

    Parliament would also need, at the least, to adjust the timetable for future reviews, since this was hard-wired (the years being named in the Act) into legislation on the assumption that future GEs would be five years apart, starting in 2015.

    What I expect to happen is that the latter will come before Parliament first, probably later this year, and provide the opportunity to suspend the existing review (before we ever get to see the final recommendations) and start again.
This discussion has been closed.