Typical Labour lies, ignorance & not even being able to add up....with no overall @ 2/7 & Tory majority @ 11/2 (far better value) it's at least a 3 horse race
I don't know why you think Labour's lying - it's the bookies who draw up the odds, not the Labour party.
It's not really a three-horse race though: I see it as a football match between evenly-matched sides.The Tories have home advantage so are slight favourites, but the odds favour a draw. However 11-1 is overly generous in such a circumstance - I expect Cambridge were longer than that last night but I bet there's never been an 11-1 offer between two teams in the same division. With two parties posting about the same levels (and with Labour's in-built electoral advantage, worth about 4%), I reckon that a Lab majority, while unlikely, is a decent bet.