According to Irish betting operator Paddy Power, Labour leader Ed Miliband is the favorite to become Prime Minister after UK General Election on May 7th.

Paddy puts odds on a Miliband premiership at 8/11 while rival David Cameron is at 11/10.

Betting companies such as Betfair and Ladbrokes also made Miliband and the Labour party favorites to win.

Meanwhile, Paddy Power faces rising protests from London Borough of Croydon residents, as the operator plans to open a new betting shop on Thornton Heath high street.