Bookies slash odds on Martin McGuinness winning Irish presidency
The odds on Martin McGuinness becoming Ireland's next President has narrowed to 3/1 second favourite.
The dramatic entry of the Sinn Fein candidate has turned the betting upside down.
All of the other likely candidates have drifted out in the betting in the wake of an onslaught of bets on Mr McGuinness.
Two days before Sinn Fein confirmed Mr McGuinness would be the party's candidate, punters with "inside" knowledge began placing their cash on Mr McGuinness at odds of up to 33-1 with bookies Paddy Power.
Around €20,000 was wagered, including one bet of €5,000, with most of the cash being placed through Paddy Power shops across the Border counties.
Persistent support for Mr McGuinness since then has resulted in his odds being slashed to 3-1. As a result, Labour's Michael D Higgins has drifted out from odds-on favourite at 8-11 to even money, with Fine Gael's Gay Mitchell available at 4-1.
Next in the betting is David Norris at 9-1, followed by Mary Davis at 14-1 and Sean Gallagher, who has walked in the betting, out to 25-1. Dana is ranked at 50-1. Paddy Power is offering 11-10 against five runners in the eventual line-up, with 6-5 against six, 6-1 seven and 10-1 eight or more.
Source Irish Independent