Ladbrokes took a £16,500 bet on UKIP at 1/33 to win the Rochester by-election today. That intrepid punter will be collecting a £500 profit on Friday morning if things go as expected. If by some chance the Tories pull off a shock victory, it will probably be the most profitable by-election result in history for the bookies. I don’t hold out much hope.

The media narrative has already moved on to the guessing game of whether any other Tory MPs will be jumping ship. We now make it odds-on that at least one other Conservative defects before Christmas.

Favourite for a while now has been the MP for Kettering, Philip Hollobone. Interestingly, he is an old boy of Dulwich College, along with Nigel Farage. Some shrewdies have been backing UKIP to win his seat at the general election, now 6/1. I guess that might be better value than the 2/1 about him being next out.

Have we missed out anyone obvious? Feel free to post suggestions here and we’ll add any good ones to the betting.  Latest odds are on our website here

A quick note on the rules for this one; only defectors before the next general election count and we’ll return all stakes if no Tory MP defects to UKIP before then.

 

William Hague’s impending departure from the Commons has opened up a vacancy in one of the Tories’ safest constituencies in the country. So, we’ve opened up a market on who will be their candidate for the next general election.

The Daily Mail have speculated that Selina Scott could be in the frame. If Boris is to return to Westminster in 2015, he won’t find a safer seat, although being an MP for the Yorkshire Dales and Mayor of London simultaneously is going to be a hard sell. Wendy Morton and Robin Scott appear to be the most plausible candidates from the local party machine. If anyone has any other suggestions for likely candidates, feel free to post them here.

Constituency profile courtesy of UK Polling Report.