Scot Bets £30k On Tory Majority
29 April 2015, 16:12 | Updated: 29 April 2015, 16:16
A pensioner in Glasgow has placed a record-breaking £30,000 on the Tories winning more than half of the seats in next week's General Election.
The wager is the largest bet to date on the May 7 ballot resulting in a majority government, according to Ladbrokes.
The man asked staff in the bookmaker's shop in Hope Street in Glasgow city centre about the odds on David Cameron's party forming a majority government.
He placed the £30,000 bet in "crisp £50 notes" after being offered odds of 7/1.
A cashier said: "He seemed very confident and calm considering the money at stake - he just thought it was a great bet."
Ladbrokes has now cut the odds of the Conservatives winning a majority of seats to 6/1.
Alex Donohue, of Ladbrokes, said: "Downtown Glasgow is the last place you'd expect to find a punter prepared to have a record-breaking bet on the Tories.
"It's fair to say Cameron and co have been handed a vote of confidence from one of the unlikeliest locations and, should they defy the odds, our customer will land a significant windfall."
The bookmaker also has odds of 25/1 on Labour winning more than half the seats, compared with 1/8 for the election resulting in no party having an overall majority at Westminster.