Why Britain's murky election betting scandal is causing outrage
Rishi Sunak’s gamble was a big one. Five weeks ago, the British prime minister gambled on his belief that a summer election would give his Conservative Party a better chance of holding on to power than waiting until the autumn.Calling a snap election was Sunak’s last throw of the dice. But it has since emerged that in the days before he announced to the country in the pouring rain on May 22 that he was going to the polls, a number of colleagues and underlings were placing bets of a more literal kind.Looking at data from the week before Mr Sunak’s announcement, bookmakers noticed a spike in bets placed on the election date. The amounts wagered were small, totalling just a few thousand pounds, but the sudden flurry of activity was enough to warrant further investigation.The question of wheth...