usually the betting odds in politics and their movement mean something, but the brexit
vote which the betting markets got completely wrong certainly casts doubt about that theory.
bob martin (legendary bookmaker) used to say an opinion not backed by money is
meaningless. that alone gets me to trust the betting odds much more than the polls.
in 1980, a friend called (they used phones back then) his bookmaker on election day and
asked for the betting line on Reagan/Carter. he got this answer- Reagan is two to one, but
you can only bet on Carter. took ALL the suspense out of that election. I have some very knowledgeable
friends who love Trump and others who think Clinton is a lock. should be interesting.
vote which the betting markets got completely wrong certainly casts doubt about that theory.
bob martin (legendary bookmaker) used to say an opinion not backed by money is
meaningless. that alone gets me to trust the betting odds much more than the polls.
in 1980, a friend called (they used phones back then) his bookmaker on election day and
asked for the betting line on Reagan/Carter. he got this answer- Reagan is two to one, but
you can only bet on Carter. took ALL the suspense out of that election. I have some very knowledgeable
friends who love Trump and others who think Clinton is a lock. should be interesting.