Treasury forecasters rely on odds calculated by William Hill

[BrilloPad]

William Hill have an army of statisticians and mathematicians working out the odds or they'd go bust, you cretin.
Quite smart using their employees without contributing to their salaries, I'd say.

Welcome back sas! I have missed you! No-one calls me a cretin quite like you do.

Anyway, before I start the fawning posts, could you tell me if you think its a good idea to put national statristics generation in the private sector? It only takes a few stupid individuals to make some strange bets, skew the odds and wreck national forecasting.

Surely you don't believe that any market is perfect?

[sasguru]

Will euro last? Let’s see what William Hill says - Telegraph

Maybe they should try something more scientific like ouija boards?

William Hill have an army of statisticians and mathematicians working out the odds or they'd go bust, you cretin.
Quite smart using their employees without contributing to their salaries, I'd say.

[Gonzo]

Will euro last? Let’s see what William Hill says - Telegraph

Maybe they should try something more scientific like ouija boards?

I think that they could do a lot worse than ask William Hill!

Although most of the bookies' work is just making the market and taking their cut, for speciality bets - which William Hill have a long track record of taking, they do have to have done their homework or it could be very costly.

[BrilloPad]

Will euro last? Let’s see what William Hill says - Telegraph

Maybe they should try something more scientific like ouija boards?