Senior Conservative Philip Davies has been accused of placing an £8,000 bet that he would lose his seat at the general election. The Tory candidate, who is defending a 6,242-vote majority in Shipley, West Yorkshire, said he is “busting a gut to win” but he “expects to lose”. Sources told the Sun the MP placed the four-figure wager that he would fail to retain his seat. There is no suggestion that the senior Tory broke the law. Davies told the Sun that the amount of money invovled is “nobody’s business”. He said: “What’s it got to do with you whether I did or didn’t?” “I hope to win. I’m bustin…