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Des Pond
11 Apr 16 18:28
Joined:
Date Joined: 19 Aug 06
| Topic/replies: 22,683 | Blogger: Des Pond's blog
Anyone any ideas as to what caused the spike in the Remain price at the weekend?  My 1.54 was taken early on Saturday morning and my 1.55 at about the same time on Sunday.   There was a similar movement 3 weeks ago, but there were obvious reasons for it, but I can't see anything that would have caused the blip on this occasion. Seems a bit random.
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Report Shab June 7, 2016 10:22 PM BST
I think the format favoured Cameron because all of his answers can be scripted prior to the event, and he can present them well.

Got to say though that the format is rubbish for debating the issue.
Report Des Pond June 7, 2016 10:23 PM BST
I think robert peston is trying to do an impression of Donald sutherland in Kelly's Heroes
Report anxious June 7, 2016 10:24 PM BST
Very wacky that preston
Report Loddy June 8, 2016 3:08 PM BST
Tories favourite pollster thinks we'll brexit.

.
http://www.telegraph.co.uk/news/2016/06/08/tories-favorite-pollster-predicts-britain-will-vote-for-brexit/
.
Report Platini June 9, 2016 10:37 AM BST
Remain getting backed off the boards last 24 hours. Is it all over bar the shouting?
Report plotless June 9, 2016 11:36 AM BST
Anyone know why such a big market move for Remain? Seems strange as not alot has happened in the past 24 hours apart from the extension to the registration.
Report Platini June 9, 2016 11:43 AM BST
must be an assumption that all these extra younger voters are mostly backing remain. Is there any evidence for this assumption, tho ?
Report subversion June 9, 2016 12:02 PM BST
Platini
Is there any evidence for this assumption, tho ?


Yes, numbers show the late registrants were mainly young voters, and theres a strong correlation between age and voting intention, ie younger more likely to vote remain, older more likely to vote brexit

Which is why these 'boohoo the EU is so undemocratic' brexit whingers would be happy for the late registrants to be denied their vote by a computer glitch Laugh
Report Platini June 9, 2016 12:20 PM BST
My first instinct tells me younger votes are likelier to vote remain but I don't think anyone can be confident, we just don't have the data from previous referendums to go on. It is just an assumption is it not?
Report subversion June 9, 2016 12:30 PM BST
its based on polling data, and shows a clear correlation

of course, whether you believe polling data or not is a separate issue
Report Des Pond June 9, 2016 12:44 PM BST
Price heding south again. that's evidence enough for me. pity, I would quite like to get another few grand on at 1.48 or above. Plain
Report Loddy June 9, 2016 12:51 PM BST
Think the price was more to do with the defector wasn't it? Obviously timed so it becomes the main topic of debate tonight.
Report Captain Wurzel June 9, 2016 1:02 PM BST
Outers reached a point where victory seemed within their grasp a few days ago - now you can just feel it slipping away from them.
Report Des Pond June 9, 2016 1:17 PM BST

Jun 9, 2016 -- 6:51AM, Loddy wrote:


Think the price was more to do with the defector wasn't it? Obviously timed so it becomes the main topic of debate tonight.


Think you are right Loddy, lots of personally-ambitious hypocrites (on both sides). I wonder if more tory would-be "up and comers" on brexit side are getting skittish and ready to jump ship!

You are also right, Good Captain!

Report Platini June 9, 2016 5:28 PM BST
price gone north again I see.  Boris on tonight tho should see another trip back south Sad
Report Shab June 9, 2016 5:42 PM BST
The price will move up and down over the next few weeks. A trading dream!

I got on at 3.75 yesterday expecting Farage to make it shorten - I was wrong there, but got more on at 4.4 at lunchtime as it got too big with a fortnight to go.
Report Loddy June 9, 2016 5:44 PM BST
What is the definition of young when they claim the majority of registrations were "young"?

I also think there is a strong possibility that some of these are registering to vote leave, you know youngsters that have been apathetic towards politics but are paying attention to this through watching social media videos etc.

I know personally of a few neighbours/relatives kids that have registered to vote for the first time just to vote out, so though it may well be an advantage for remain I wouldn't go too overboard about it.
Report Des Pond June 9, 2016 6:21 PM BST
It is hardly a "trading dream",at the moment. these movements from 1.36 up to 1.44 and back down to 1.3, then 1.38,, 1.33 then down to 1.27 or so, then back up to 1.33 are hardly worth bothering with! When we got 1.4 up to 1.6 then down to 1.19 via various stops at 1.26  then back up to 1.44 then it was worth trading if you had a good few grand to play with. I hope we get more of the 1.6, but I doubt it somehow.
Report potlis June 9, 2016 9:20 PM BST
Could be barking up the wrong tree with the young, visit the popular social media sites used by the young and you won't come away with the impression that the majority will be voting to stay.
Report subversion June 9, 2016 9:23 PM BST
that would be the online f*cknut magnet effect Laugh
Report Des Pond June 12, 2016 11:33 AM BST
Bit of upward movement at last, just had a chunk taken at 1.47 & 1.48. Grin Keep it up lads! If I can get 1.6 + I'll be like a pig in clover. Laugh
Report Shab June 12, 2016 11:35 AM BST
Don't worry Des, you will Wink
Report Des Pond June 12, 2016 11:57 AM BST
seems to have levelled off for now. Another few hundred for the holidays Happy
Report ZenMaster June 12, 2016 12:12 PM BST
Could be barking up the wrong tree with the young, visit the popular social media sites used by the young and you won't come away with the impression that the majority will be voting to stay.


Depends on their backgrounds.
Middle class Remain
Working class Leave.

That is the division.
Report Des Pond June 13, 2016 1:53 PM BST
1.56 taken today (gotta love xenophobia, LOL!) Grin Looks like it might have got as high as 1.58/159. Left some 1.7 to 1.75 while I'm on holiday As if! Happy Brexiters I thank you! Devil
Report Loddy June 13, 2016 2:03 PM BST
There was a big move for an hour or two this morning and this was after it went in a bit to 1.44 ish no real explanation but seemed to be a lot of money down. I was expecting a poll announcement that hasn't come, so I can't work out what it was all about.

Maybe the unveiling of Gordon Brown lol
Report Shab June 13, 2016 2:10 PM BST
It's not Gordon Brown as such; it is the realisation that Cameron is failing, so they are letting Labour people become the face of the campaign. It might sway Labour voters, because that is where the outcome of the vote lies.
Report Loddy June 13, 2016 2:11 PM BST
Labour are just digging themselves a bigger hole.
Report Shab June 13, 2016 2:14 PM BST
Well they have tried to avoid digging that hole for the whole campaign so far by taking a back seat, but it is desperation stakes now.
Report Loddy June 13, 2016 2:17 PM BST
Too late, only thing that will save them now is a Brexit.
Report Des Pond June 13, 2016 2:21 PM BST
The spike was caused by fears/histeria after the shootings in USA, imo. Maybe also, the apparent discord among supposed football fans in Europe. it has all led to a general feeling of angst, i think! I honestly think most people are not that bothered about what the politicians say!
Report Loddy June 13, 2016 2:23 PM BST
No you are way off. It was specific to a couple of hour period this morning. All that happened yesterday.

There is an ICM poll out for the Guardian today I think, maybe its that.
Report Des Pond June 13, 2016 2:34 PM BST

Jun 13, 2016 -- 8:23AM, Loddy wrote:


No you are way off. It was specific to a couple of hour period this morning. All that happened yesterday.There is an ICM poll out for the Guardian today I think, maybe its that.


I know exactly when it happened because I have the bets on my statement. This is the biggest spike since the Brussels terorism incident. The highest it has gone since than was a brief spike to 1.6 on 20th April at 13:12 and 21st April at 09:41, when a chunk of mine was snaffled. It has never reached that level again, although it came close this morning. the only price I had between 1.55 and 1.6 today was 1.55/1.56 which were taken at 10:18 and 10:44 this morning. Do you think that what happened yesterday cannot still resonate today?

Report Des Pond June 13, 2016 2:40 PM BST
1.46 now.
Report Loddy June 13, 2016 3:00 PM BST
You are wrong Des simples. There are rumors of an ICM poll and the pound has been reacting. I sat and watched that market and a lot of money came down pushing the price out very quickly to 1.55 from 1.44 I am talking within minutes.

Thats not a delayed reaction to yesterdays news.
Report Des Pond June 13, 2016 3:15 PM BST
OK Loddy, I'm not going to argue with you. I know -to the second-, when my bets were taken. I have over 13k on this market now, so you can rest assured I am watching it very closely indeed! On the 24th, if I have lost the guts of that money, then feel free to come on and tell me I got it wrong! If I am almost £6k better off, I might come on here, and confirm that I got it right! Although I am more likely to be on another holiday, enjoying the money! I'm not interested in polls or rumours of polls. I have my own way of reading the market, and it is working very well! Cool
Report Loddy June 13, 2016 3:21 PM BST
Don't care what you have or what you don't have. Just telling how I saw it and there was a reaction to something and the market moved out 10 tics in about 2 minutes and has spent the rest of the day closing it back.

You don't get reaction like that to yesterday afternoons news, it was someone acting on information (possibly false) or someone with a load of cash had just sat down and watched last weeks question time on the iplayer.

There are lots of twitter rumours today the most recent one is that the new ICM poll has remain with a 5 point lead and the pound seems to have reacted.
Report Des Pond June 13, 2016 3:22 PM BST
OK Loddy, Happy All the best!
Report Loddy June 13, 2016 4:10 PM BST
ICM poll out at 5pm apparently. There is an old poll being retweeted from may don't fall for it.
Report johnizere June 13, 2016 5:27 PM BST
1.61 now...heading north too Happy
Report johnizere June 13, 2016 5:27 PM BST
1.63 as I posted lastLaugh
Report bongo June 13, 2016 7:24 PM BST
This dude Des Pond is a proper mug laying off now. Quarter inch thick pottery mug that would keep your tea warm for a whole morning.

If I was the EU , the five presidents would be offering the UK an opt out on home affairs and justice regulations ( like the one Denmark has ) along with an extra £2bn off that net contribution to swing things back towards them. But this is the EU, an organisation that is not nimble enough to do this, and it's main job is to support farm owners anyway, they could not be more remote from the job in hand.

So the EU loving classes cannot reverse the momentum of the last two weeks. Unless an outside force comes in, once something is moving, according to the laws of motion discovered by Isaac Newton who was from Great Britain coincidentally, they keep on moving.
Report Shab June 13, 2016 8:21 PM BST
I think Des is backing remain and has been for ages, only laying when it got down to 1.2ish I think
Report Shab June 15, 2016 2:31 AM BST
Des Pond - you must be selling your wife to get on at these prices?
Report Shab June 15, 2016 2:32 AM BST
£25k available at 1.66 for you
Report Loddy June 15, 2016 5:57 AM BST
Great to see the polls moving our way but I do think remain is value now. Horrible feeling we may have peaked a bit too soon and woken a few remainers up. Will be gutted if so and I don't even have any money on it.
Report Shab June 15, 2016 2:49 PM BST
A poll being this close is good for Leave after some massive polls in their favour. We don't want to become complacent!
Report Shab June 15, 2016 7:52 PM BST
Anybody know why the Remain price is continuing to shorten? Currently 1.53/2.88

Surely it is not just due to the threatening budget cuts and the Geldof boat pranks? The poll last night was just in favour of Remain, but the move today has been from 1.7 last night. Confused.

Maybe the Remain bettors are thinking they have landed a blow? I think this is approaching a nice price for Leave for a trade.
Report ZenMaster June 15, 2016 8:18 PM BST
Michael Gove was less than convincing with the audience Q&A tonight.
Report broadsword June 15, 2016 11:04 PM BST
gove was disappointing........ farage would have done a lot better
Report Platini June 16, 2016 6:46 PM BST
I thought Gove was very good, remaining very calm in the face of some shuoutey thick people in the audience (esp that studenty type woman), thick as pigsh1t she was, had absolutely no valid arguments.
Report Des Pond June 18, 2016 3:12 PM BST
Well, it's been quite a week! Those of you who said that there would be bigger movements in the last week before the vote. You were RIGHT. There were some fairly dramatic spikes that I was not anticipating! I haven't had betfair access since Monday, so I haven't really been able to take advantage (apart from having a few bob waiting at 1.7)but the price seems to have settled back down a bit. ( despite horses called Churchill and Sir Isaac Newton winning at Ascot! Laugh) I wonder if there will be more of the same in the run up to Thursday! Maybe, but I think that the murder of the young M.P. may have changed the mood! It seems to have dampened the momentum of the Out campaign.
Report Captain Wurzel June 18, 2016 6:05 PM BST
farage would have done a lot better



Mugs like you have more faith in farage than a saint has in Jesus Christ.

The only thing farage does is alienate people who aren't among his cadre of fervent supporters.

Thats why the leave campaign have tried as hard as possible to keep him in the background of this campaign.
Report Shab June 20, 2016 7:29 PM BST
Quite noticeable swings in prices today, currently Leave bobbing between 4 and 4.4

Are there any polls due out tonight?
Report Loddy June 20, 2016 7:48 PM BST
Very big referendum polling night ahead with ORB phone, YouGov online and the National Centre's figures. From Mike Smithsons Twitter.
Report Des Pond June 23, 2016 9:23 PM BST
Just got in from a round of golf (knackered), haven't laid anything off yet! Was going to leave some lays at 1.14 and below, but didn't bother. How low did it get, about 1.12 or so? Anyway, I think I might just leave it now. Unless it gets to sub 1.08 or so in the next couple of hours before I fall asleep!
Report DIE LINKE June 23, 2016 9:26 PM BST
sub 1.08 by 22:05
Report Des Pond June 23, 2016 9:31 PM BST
Maybe, I might shove a few grand at 1.06, or so, before I conk out! Happy
Report kekko June 23, 2016 9:35 PM BST
I agree with john and pm there is some thing not right.and I will hold my bet till it's down to it's last fiver
Report pauliow June 23, 2016 9:36 PM BST
If you're so confident Des Pond put it on at 1.14
Report Des Pond June 23, 2016 9:44 PM BST
Nah, Pauilow, I've had loads at anything from 1.38 to 1.7, most at 1.48 plus. I even got some 1.4, yesterday and some 1.52 a few days ago. there's no way I'm going in again at 1.14. Cool
Report pauliow June 23, 2016 9:46 PM BST
Dont blame you, I got a nice chunk at 1.7 odd last week as wellWink
Report Des Pond June 23, 2016 9:51 PM BST
Yep, that was a gift. Pity I was abroad, or else I could really have made hay! Glad I left some up though. Happy
Report pauliow June 23, 2016 9:59 PM BST
I was away too, but luckily in London and smartphones are a godsendGrin
Report Des Pond June 23, 2016 10:00 PM BST
I don' trust myself betting with smartphones, too hamfisted! Laugh
Report jucel69 June 23, 2016 10:02 PM BST
Britain brought to it's knees by the murder of a single person.
Think how many have died to give Britain freedom and taken away by one death.
Unbelievable really.
Report jucel69 June 23, 2016 10:05 PM BST
The only saving grace is that the Eu will implode in the next few years anyway
Report DIE LINKE June 23, 2016 10:07 PM BST
there you go, des!
Report Des Pond June 23, 2016 10:08 PM BST
A tragic and senseless murder. I think the vote  was only ever going one way, though.
Report Des Pond June 23, 2016 10:09 PM BST
Nice one, Die Linke. Your a minute or 2 too late, though! Mischief
Report jucel69 June 23, 2016 10:09 PM BST

Jun 23, 2016 -- 4:08PM, Des Pond wrote:


A tragic and senseless murder. I think the vote

Report Des Pond June 23, 2016 10:34 PM BST
Back up to 1.13, now Grin Maybe because Chukka amoney opened his gob on radio.
Report Shab June 23, 2016 10:55 PM BST
It's odd these movements. I assume it is just the traders from today positioning themselves before the result.
Report Spock June 23, 2016 10:57 PM BST
I think this is close tonight
Report Splinun1 June 23, 2016 11:04 PM BST

Jun 23, 2016 -- 4:57PM, Spock wrote:


I think this is close tonight


Really hope so!

Report clacherholiday2 June 23, 2016 11:09 PM BST
massive % of postal votes, wheres the conspiracy theorists?

honestly i dont trust the uk authorities one bit Cry
Report Spock June 23, 2016 11:14 PM BST
Is there some sort of independent / corporate body taking exit polls from 300+ stations?
Report Des Pond June 23, 2016 11:17 PM BST
Financial Institutions have commissioned polls, apparently.
Report Spock June 23, 2016 11:24 PM BST
As everyone knows, exit polls are the most reliable metric
Report Des Pond June 23, 2016 11:37 PM BST
I'm not sure how much useful data the Banks/Financial institutions will be able to get, tbh. I think it's more a case of trying to create the impression that they have their finger on the pulse this time. Unlike before, when the Credit Crunch caught them with their pants down!
Report Des Pond June 23, 2016 11:38 PM BST
Gibraltar votes remain. Laugh
Report Splinun1 June 23, 2016 11:39 PM BST
Here we go boys... Sunderland guess work bringing prices up :)
Report Des Pond June 23, 2016 11:49 PM BST
You've probably seen this, but it is funny. Michael Gove - Independance Day! Laugh

Report Des Pond June 23, 2016 11:50 PM BST
Sh!t, didn't work! good cartoon, though!
Report Des Pond June 23, 2016 11:51 PM BST
1.22, wtf? Grin
Report Shab June 23, 2016 11:53 PM BST
Sunderland rumoured to be 62% - expected 54% Leave
Newcastle expected 60% Remain, rumour 50%

BBC
Report Shab June 23, 2016 11:56 PM BST
Also there is not so much money in the market tonight - nothing like the 100s of thousands today - so moving the price does not take too much
Report Des Pond June 23, 2016 11:57 PM BST
I don't know much about that part of the country, but I would have thought they would have similar demographics and similar issues, therefore similar results. Confused but, then I suppose it's more of a personal/Individual choice.
Report CJ70 June 23, 2016 11:58 PM BST

Jun 23, 2016 -- 5:56PM, Shab wrote:


Also there is not so much money in the market tonight - nothing like the 100s of thousands today - so moving the price does not take too much


Suicide to keep money in the market. As someone at a count with an unexpected result could hoover.

Report Des Pond June 23, 2016 11:58 PM BST
Good point about market volume
Report CJ70 June 23, 2016 11:58 PM BST

Jun 23, 2016 -- 5:57PM, Des Pond wrote:


I don't know much about that part of the country, but I would have thought they would have similar demographics and similar issues, therefore similar results.  but, then I suppose it's more of a personal/Individual choice.


Newcastle is full of Gov. workers and students.

Report Des Pond June 23, 2016 11:59 PM BST
Yes, good point CJ
Report DAN1974 June 24, 2016 12:00 AM BST
1.4 SurprisedSurprisedSurprisedSurprisedSurprised
Report anxious June 24, 2016 12:02 AM BST
2-7 remain 5-2 LEAVE
Report Spock June 24, 2016 12:10 AM BST
Seriously, if there are no exit polls at every station, how can anyone know?
Report ZenMaster June 24, 2016 12:12 AM BST
Back in the game lads. 1.4
Report Des Pond June 24, 2016 3:50 AM BST
Bloody hell! from 6.5 K to sixty quid in about 4 hours Sad I will get no end of earache now! Hope Burt hasn't noticed. Grin
Report Burt06 June 24, 2016 4:25 AM BST
tried to warn u dudeSad
Report Des Pond June 24, 2016 8:11 AM BST

Jun 23, 2016 -- 10:25PM, Burt06 wrote:


tried to warn u dude


Yep. you did. My own fault for being too complacent. Grin Ah well, no harm done I suppose. To think I could have cashed out for over 4 grand, just after 10.pm. Hope you won some money. Turnout must have surprised you, though? Happy

Report Des Pond June 24, 2016 5:34 PM BST
Well done to the Out backers, hope you made plenty, and it wasn't just the big predators that got it all! Cool

Thought I was gonna make 5/6 grand or so, ended up with nothing (more or less) Grin Could easily have made 3/4 grand, if I'd the sense to cash out or lay off after polling closed (god knows there were enough chances!)Then again, if I was sensible like that I wouldn't be on here, would I? Ah well!  Never mind, onwards and upwards.  Footy and Boxing tomorrow, always something to bet on. Laugh
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