Nicolas Leonard: Everyone who ended up voting for Ed sees him as 'their' man
The dramatic success of Ed Miliband in the British Labour Party leadership election was great news for the thousands of political punters who backed him down from odds of 33/1 a few months ago to odds-on favourite in the closing hours of the contest.
It was even better news for the prime minister, David Cameron, whose spin doctors can hardly believe their luck. They are convinced that Labour has made a massive strategic mistake by picking a man whose key support came from the trade unions.
The bookmakers agree with them and the odds against the Conservatives winning the next general election have been cut following Ed's defeat of his more right-wing brother, David, on Saturday.