Here's A Good One

We all know Gordo is a bit of a comedian, so he can probably take a joke as well as the next man. But it must all be wearing a bit thin in the case of Dave M's rapidly shortening odds.

In just the last 24 hours they've come in again from 10/1 to 7.8/1.

And remember- as recently as October, just before Cameron's meteoric rise, Miliband was 50/1! Then everyone said that a green apparatchik who'd only become an MP in 2001 couldn't possibly hope to succeed Tone.

Nobody's saying that anymore.

Meanwhile Gordo's own odds, 1/10 pre-Cameron, have slipped again to 0.5/1. In terms of implied win probabilities that's down from 91% to 67%- still the odds on favourite, but at this rate not for much longer.