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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I agree it's worth a punt on Leave at those odds.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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Has anyone here put any serious cash on the result?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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Interesting 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.)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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Just out of interest, how would you bet on Trump v Clinton?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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I'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.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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Trump is worth a go at 5/2.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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I've done so badly on shares and spread bets I am considering setting up subscription service, where for a small fee, I tell people what I am buying/selling and they can go ahead and do the exact opposite(If I am long go short, if I am long go short) lots of people will pay off their mortgages in no time with my 'track record'!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.
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Another good article: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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