Jeremy Corbyn’s appointment as the new Labour Leader has hit the UK bookmakers for six, with numerous outfits admitting that a ton of bets were made when Corbyn was a 200/1 to 100/1 underdog.

When it comes to left-wingers the name Ryan Giggs is permanently tattooed into my lips; that’s changing. Today there is a new name from the left wing that has made quite an impression in the last couple of weeks.

Left-winger Jeremy Corbyn is the new Labour Leader after his landslide victory in the recent leadership elections. The man who once stood on the fringes of Labour politics, now owns the crown, after securing almost 60% of the votes in the first round of voting in the 2015 Leadership campaign (251,000 of the 422,000 casted votes).

His incredible victory is set to hit the UK bookmakers for six. As short as three months ago you could have picked up odds of 200/1 for Corbyn becoming the new Labour Leader, and numerous bookmakers have admitted that a series of punters will cash in on those odds: spokespersons from Betfair, Ladbrokes, William Hill and Paddy Power have all advised that bets in the 200/1 to 100/1 mark were made on Corbyn.