Gamble on Gordon as Brown enters the race for IMF leader

Gordon Brown has emerged as a surprise contender for the IMF leadership according to Ladbrokes.

The bookmaker report that Brown, previously friendless in the market has been slashed to 7/1 (from 20/1) on Monday morning as punters look to oppose odds-on Lagarde at 1/3.

Kemal Dervis is also popular at 4/1 and the firm predict continued money for Brown will see him emerge as the clear second favourite this week.

Alex Donohue of Ladbrokes said: “Brown weakness in the market has evaporated. He’s the man for money this week in opposition to hot favourite Lagarde.”

Ladbrokes latest betting:

Next IMF leader
Christine Lagarde – 1/3
Kemal Dervis – 4/1
Gordon Brown – 7/1 (from 20/1)
Mario Draghi – 10/1
Mehmed Simsek – 12/1
Axel Weber – 12/1
Peer Steinbruck – 12/1
Klaus Regling – 12/1
Ernesto Zedillo – 14/1
Stanley Fischer – 14/1
John Lipsky – 14/1
20/1 bar

Full market (https://sports.ladbrokes.com/en-gb/Financials-c210000168)