Britain votes: Betting markets split over who will be next British PM

Conservative incumbent Theresa May (left) and Labour opposition leader Jeremy Corbyn.
Conservative incumbent Theresa May (left) and Labour opposition leader Jeremy Corbyn.PHOTO: AFP

LONDON (Reuters) - Betting odds showing punters' views on the next British prime minister are now flitting between Conservative incumbent Theresa May and Labour opposition leader Jeremy Corbyn, after an exit poll on Thursday (June 9) showed Mrs May would fail to win a majority.

Odds from betting exchange Betfair showed Mr Corbyn was likeliest to win for around 40 minutes until around 0105 GMT, before they reverted back to Mrs May.

Betting company Ladbrokes still had Mr Corbyn as favourite at 0126 GMT, but Paddy Power showed Mrs May still in the lead.

The exit poll predicted the Conservatives would win 314 seats in the 650-member parliament and the leftist opposition Labour Party 266 - a "hung parliament" with no clear winner.