Betting odds reflect where the money is going and where people see value. They are a useful tool, but simply a tool, alongside the polls. Personally, I think there's little value in Remain at these odds. The latest Survation phone poll (just released) has Leave climbing to 49.5, with Remain only 1% ahead. Very close indeed. The value is skewed towards Leave, as a risk/reward calculation, although I think the betting odds have the result correct (just not the probability).
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Originally posted by jamesbrown View PostBetting odds reflect where the money is going and where people see value. They are a useful tool, but simply a tool, alongside the polls. Personally, I think there's little value in Remain at these odds. The latest Survation phone poll (just released) has Leave climbing to 49.5, with Remain only 1% ahead. Very close indeed. The value is skewed towards Leave, as a risk/reward calculation, although I think the betting odds have the result correct (just not the probability).Comment
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Originally posted by Old Greg View PostI agree it's worth a punt on Leave at those odds.Comment
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Let us not forget EU open doors immigration benefits IT contractors more than anyoneComment
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Originally posted by The_Equalizer View PostHas anyone here put any serious cash on the result?
EU referendum is biggest political betting event in British history | Politics | The GuardianComment
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Originally posted by Old Greg View PostInteresting article here, but not me as I've lost every political bet I've ever made (no way the US will elect a black president etc.)
*Gets ready to bet warchest on the other side*England's greatest sailor since Nelson lost the armada.Comment
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Originally posted by Old Greg View PostInteresting article here, but not me as I've lost every political bet I've ever made (no way the US will elect a black president etc.)
EU referendum is biggest political betting event in British history | Politics | The GuardianComment
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Originally posted by Uncle Albert View PostJust out of interest, how would you bet on Trump v Clinton?
*Gets ready to bet warchest on the other side*Comment
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Originally posted by The_Equalizer View PostI've never been in a bookies and I'm not starting now. That said, I've 'done well' on losing cash on shares. Although £40 million sounds quite a chunk, it would appear that £200 million was punted on the Grand National in 2015.Comment
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Originally posted by jamesbrown View PostBetting odds reflect where the money is going and where people see value. They are a useful tool, but simply a tool, alongside the polls. Personally, I think there's little value in Remain at these odds. The latest Survation phone poll (just released) has Leave climbing to 49.5, with Remain only 1% ahead. Very close indeed. The value is skewed towards Leave, as a risk/reward calculation, although I think the betting odds have the result correct (just not the probability).
Should you trust the pollsters or the bookies on the EU referendum? | Politics | The GuardianComment
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