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InsiderTrader
31 May 16 09:32
Joined:
Date Joined: 25 Aug 05
| Topic/replies: 14,569 | Blogger: InsiderTrader's blog
I see remain has drifted from 1.23 back out to 1.3.

Anything happened to cause the move appart from the refusal of the remainers likes United Biscuits to debate the issues?
Pause Switch to Standard View Why has leave been backed overnight?
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Report pmbets May 31, 2016 5:03 PM BST
The remain camp have peaked.Waves of nationalism is sweeping the country.God save the Queen on her 90th birthday celebrations.
The Queen wants out and so do her people.Nothing will stop the country from leaving the EU.
Report Des Pond May 31, 2016 5:06 PM BST
Well I have asked many many hundreds of people maybe thousands over the past month in my city as many of you will know.
I am seeing 90% LEAVE 10% REMAIN.  The new polls out today that say leave are the majority is accurate.I put the betting
at 5/6 remain 5/6 leave.Laying remain at 1.36 is lay of the century.Should go odds against before the vote.


Well, put some money down then! (You could have laid at 1.19/1.2 less than a week ago; that's when I laid a pile of mine off). I keep hear from brexiters that it is 90% leave etc for a 5/6 shot , evens shot whatever, but nobody is betting on it.  if so many people were so confident of a Leave Vote, I wouldn't have to wait months for some more of my 1.5 plus to be taken. Stop banging on about the "near certainty" of a leave vote and take advantage of the incredible prices that are available.
Report Shab May 31, 2016 5:08 PM BST
I think part of the problem is to do with what people are thinking - I am the biggest Brexit supporter but I can't quite believe it will actually happen - whatever the polls say.
Report Loddy May 31, 2016 5:10 PM BST
I've felt the same throughout, its only in the last week I've noticed a big change of sentiment locally.
Report Des Pond May 31, 2016 5:11 PM BST
yes, well. that's kind of sums it up. brexit supporters don't believe what they are saying (vis-a-vis how the vote will go)that's why they won't bet.
Report Des Pond May 31, 2016 5:13 PM BST
3.85 still available. fill your boots!
Report Loddy May 31, 2016 5:16 PM BST
The difference with this and Scotland is that the scaremongering there went into fever pitch in the last week if I remember rightly and Brown was dragged into it etc

I just can't see what Cameron has left that he can do?
Report Dr Crippen May 31, 2016 5:24 PM BST
Cameron can shut up for a start, and tell the BBC that nobody believes their one sided reporting of events.
Report Des Pond May 31, 2016 5:26 PM BST
The market does, so do the bookies.
Report Dr Crippen May 31, 2016 5:28 PM BST
I can't see how this compares with the Scottish referendum. It's a different kettle of fish altogether.
The Scots weren't peed off with being part of Britain like Britain is peed off with being part of the EU.
Report Dr Crippen May 31, 2016 5:29 PM BST
The market does, so do the bookies.

Like they were sure at the last GE?
Report Des Pond May 31, 2016 5:29 PM BST
Slipped back to 1.3 already. Cry
Report Des Pond May 31, 2016 5:31 PM BST
The polls got it wrong then, I didn't, neither did the bookies. and I am not wrong this time either
Report Dr Crippen May 31, 2016 5:33 PM BST
Wasn't no overall majority the favourite at the last GE?
Report Des Pond May 31, 2016 5:39 PM BST
Wasn't no overall majority the favourite at the last GE?

Yes it was, i know someone who got over 25/1 for a tory majority (He put on a big sum). A few months before the election I was able to get 11/10 for tories to get the most seats within a couple of weeks it was 1.6 then 1.25. It was very easy money. The ordinary voter was NEVER going to back Ed milliband, he had paper-thin credibility
Report Loddy May 31, 2016 5:40 PM BST
I agree with that he was unelectable, I didn't think at any point he even had a chance regardless of polls.
Report Des Pond May 31, 2016 5:45 PM BST
Well, you could have backed against him (i.e. Tory most seats) at odds against in january/February 2015. easy money. that price lasted a good few days, even a couple of weeks before the books caught on.
Report CJ70 May 31, 2016 5:45 PM BST

May 31, 2016 -- 5:06PM, Des Pond wrote:


Well I have asked many many hundreds of people maybe thousands over the past month in my city as many of you will know.I am seeing 90% LEAVE 10% REMAIN.  The new polls out today that say leave are the majority is accurate.I put the bettingat 5/6 remain 5/6 leave.Laying remain at 1.36 is lay of the century.Should go odds against before the vote.Well, put some money down then! (You could have laid at 1.19/1.2 less than a week ago; that's when I laid a pile of mine off). I keep hear from brexiters that it is 90% leave etc for a 5/6 shot , evens shot whatever, but nobody is betting on it.  if so many people were so confident of a Leave Vote, I wouldn't have to wait months for some more of my 1.5 plus to be taken. Stop banging on about the "near certainty" of a leave vote and take advantage of the incredible prices that are available.


Any bookie will tell you that the majority of bets and money is on Brexit. Same pattern is on the exchange.

Report Des Pond May 31, 2016 5:47 PM BST
You having a laff? Laugh
Report CJ70 May 31, 2016 5:51 PM BST

May 31, 2016 -- 5:47PM, Des Pond wrote:


You having a laff?


Are you trying to say it isn't? Should be interesting to see why you disagree with what the bookmakers are saying. Laddies who are probably the best for political bets have been reporting all the money coming for Brexit all week.

Why are they wrong?

Report Burton-Brewers May 31, 2016 5:53 PM BST
the US State Department has warned its citizens against travelling to Europe this summer, bomb fears at the Euro's?
Report Des Pond May 31, 2016 6:08 PM BST
Laddies, Brexit 2/9
Report Des Pond May 31, 2016 6:08 PM BST
2/9 for stay,that is.
Report Des Pond May 31, 2016 6:15 PM BST
There was bound to be a bounce-back after remain fell to 1.9 on here last week. I had a few hundred at 1.35, which was taken at 3.47 and 4.45 p.m today, but it has fallen back now.
Report CJ70 May 31, 2016 6:19 PM BST

May 31, 2016 -- 6:15PM, Des Pond wrote:


There was bound to be a bounce-back after remain fell to 1.9 on here last week. I had a few hundred at 1.35, which was taken at 3.47 and 4.45 p.m today, but it has fallen back now.


Eh? 1.9?

Report Des Pond May 31, 2016 6:21 PM BST
1.19 sorry.
Report CJ70 May 31, 2016 6:24 PM BST

May 31, 2016 -- 6:21PM, Des Pond wrote:


1.19 sorry.


Ahh.. Was wondering.

If you look at the graph there's been a spike of money for Brexit to cause the movement mentioned by the OP.

Report Des Pond May 31, 2016 6:27 PM BST
Yes, the price has risen a few clicks since last night, but it has peaked at 1.35
Report CJ70 May 31, 2016 6:30 PM BST

May 31, 2016 -- 6:27PM, Des Pond wrote:


Yes, the price has risen a few clicks since last night, but it has peaked at 1.35


Wouldn't say it's peaked, the ceiling looks to be 1.4 currently to me.

Report Dr Crippen May 31, 2016 6:32 PM BST
What would anyone having a bet on the result of the referendum use as a yardstick?

The betting or just have a wild guess at the result?
Report Des Pond May 31, 2016 6:33 PM BST
I had money sitting at various points at 1.36, 1.37, 1.38 and 1.4 (as well as 1.5 plus) and I can assure you that none of it was taken.
Report CJ70 May 31, 2016 6:40 PM BST

May 31, 2016 -- 6:32PM, Dr Crippen wrote:


What would anyone having a bet on the result of the referendum use as a yardstick?The betting or just have a wild guess at the result?


Underlying polling figures is probably the only way you are going to get meaningful data. Sample sizes tend to be tiny though.

Report CJ70 May 31, 2016 6:41 PM BST

May 31, 2016 -- 6:33PM, Des Pond wrote:


I had money sitting at various points at 1.36, 1.37, 1.38 and 1.4 (as well as 1.5 plus) and I can assure you that none of it was taken.


Clearly, but you can't say it's peaked from that. It could quite easily hit those numbers this week.

Report 1st time poster May 31, 2016 6:49 PM BST
as in the scottish reff and lab/scots nats scare storys ,i,d be amazed if these rouge polls showing support for brexit havnt got camerons and gideons fingerprints all over them,just the final push to spread brexit fear and get the remain vote out,no wonder the rest of the world pish themselves laughing at so called democracy western style
Report Des Pond May 31, 2016 7:01 PM BST
Take your point, it hasn't peaked definitively. What I meant is that it seems to have gone as high as it is going to, for now. Of course it could go back up, I hope it does.
Report InsiderTrader May 31, 2016 8:01 PM BST
Still no sign of the Biscuit man. Still no answer on the real cost of hard working EU migrants.

I am fed up with hearing they pay more taxes than they take in benefits. THat may be the case but what about the costs of health care, schools, pressure on housing, doctors etc. Any cost benefit analysis must take into account the true of EU migrarants.

Come on Remainers. Argue your corner on this.
Report Shab May 31, 2016 8:15 PM BST
Actually IT, the costings you will see from the Remain side usually only measure the cost up to 2050. And given that the average age of a working immigrant is about 30, it's not hrd to work out why that might be.
Report InsiderTrader May 31, 2016 8:35 PM BST
The unfunded pension for new workers is clearly an issue. But I would argue the impact right here right now is negative due to the health care, housing and schooling costs that have been ignored by every study I have seen.

The remains might argue we have to accept freemovement for the free market. If that is the policy then justify it. But please Erraty, Biscuits, Wurzel etc do not try and say EU migrants are better for our economy than a non-discrimatry points based system where anyone of any race, colour, creed or country can move here if they have the skills we need.
Report Injera May 31, 2016 8:55 PM BST
Some of us got 10-1 on a Tory majority a year ago. The bookies were miles out then and could well be again.

Let's face it, jollies get turned over every day. The EU Ref is no different to any other market.
Report DIE LINKE May 31, 2016 8:59 PM BST
Does anyone post bets before the event on here?
Report Des Pond May 31, 2016 9:13 PM BST

May 31, 2016 -- 8:55PM, Injera wrote:


Some of us got 10-1 on a Tory majority a year ago. The bookies were miles out then and could well be again.Let's face it, jollies get turned over every day. The EU Ref is no different to any other market.


Like i said, you could have had 25/1 plus on Tory majority, I was on the most seats at 11/10. My friend made a 6-figure sum betting on the tory majority at a hell of a lot higher than 10/1.

Report InsiderTrader May 31, 2016 9:15 PM BST
Fair point. We can only hope and prey for the sake of our country, children and grandchildren that the odds are also 'wrong' on the referendum.
Report InsiderTrader May 31, 2016 9:15 PM BST
* pray
Report Des Pond May 31, 2016 9:17 PM BST
Some of you brexiters don't seem to know much about the market on this. a couple of weeks back Burt06 was banging on about getting 40/1 on remain vote 40% or less, when he could have had 70/1. I had to point out where he could find a price almost twice as high as he said he was getting. at one point he could get 10/1, He did not seem to be aware of this.
Report Des Pond May 31, 2016 9:18 PM BST
110/1, sorry
Report Des Pond May 31, 2016 9:20 PM BST

May 31, 2016 -- 8:59PM, DIE LINKE wrote:


Does anyone post bets before the event on here?


the Brexit fans don't appear to bet at all. hence the odds.

Report Burt06 May 31, 2016 9:24 PM BST
and thanks for pointing that out dessieWink

i bet mainly in the offices, not much on here

after u letting me know i am also on at 100/1, 90/1 and 60/1Grin

didnt get that 110/1 thoughSad

had a little saver at 50/1 for 40-45% for remain

u have done ur doe though m8Sad

really hope u had the saver i advised as we are leaving the buildingCool
Report Des Pond May 31, 2016 9:30 PM BST
Thanks Burt Laugh
Report Des Pond May 31, 2016 9:33 PM BST
Hey Burt, I got some 1.36 today! Did some-one put some gaffer tape over Boris's mouth? Laugh
Report Burt06 May 31, 2016 9:42 PM BST
dude, u are wrong in ur take of all this imo

boris will appeal to the many tory euro sceptics, as will gove and fox

he will kind of half appeal to some lab voters where gove and fox could not

but most of the 10 million lab voters are gunna vote out anyway as they know how much they have been fooked by mass uncontrolled immigration - aint no amount of campaigning gunna change that

just do the numbers

bout 15 million needed for brexit

70% of lab voters nailed on, so thats 7 million

4 million ukippers nailed on, so 11 million in total

u then need another 4 million from the 12 million tories

do u think they will get that?Grin

and not all the 3 million snp and lib dems will vote in

adios EUSSRCool
Report Loddy May 31, 2016 9:46 PM BST
http://www.moneysavingexpert.com/vote/31-05-2016/how-will-you-be-voting-in-the-eu-referendum-or-are-you-a-39dont-know39

MSE poll have a bash :) Looking good so far.
Report Des Pond May 31, 2016 9:52 PM BST
Burt, I just think that the Out campaign's chances will increase significantly if Boris can keep his gob shut for a couple of weeks Grin
Report johnizere May 31, 2016 10:29 PM BST
MSE poll... thanks Loddy

I’ve 100% made my mind up (5308 votes)
I’ll be voting 'remain'        2064 votes (39%)
I’ll be voting 'leave'        3243 votes (61%)

I’m pretty sure but not completely decided (1097 votes)
I’ll be voting 'remain'        539 votes (49%)
I’ll be voting 'leave'        558 votes (51%)

I’m blowing in the wind (892 votes)
I’m swaying to vote 'remain'        208 votes (23%)
I’m swaying to vote 'leave'        240 votes (27%)
I’m genuinely undecided        444 votes (50%)

I’m not planning to vote (63 votes)
If I were, I’d vote 'remain'        6 votes (10%)
If I were, I’d vote 'leave'        19 votes (30%)
I really don’t know how I’d vote        28 votes (44%)
I really don’t care        10 votes (16%)
Report Shab May 31, 2016 10:33 PM BST
Leave winning in every category. Should we expect this given the demographic of the MSE site? Middle-aged / older people are much more likely to use MSE and vote out.

Will be interesting to see how this develops as more people participate.
Report Loddy May 31, 2016 10:41 PM BST
Labour leave movement now saying 40% of Labour voters back brexit.
Report Real Deal May 31, 2016 11:15 PM BST
I am totally worried about the Postal Vote.Having watched the BBC Doc about the 1st Vote with Heath etc.I think that they will use any trick to Remain.

I live in Lincolnshire in the sticks & I do not know a single working class Rural that are voting to Remain,they are all 100% leave.

But all the Farmers are obviously worried about there EU handouts & voting to stay (Surprise).
My wealthy Farmer m8 calls his EU handouts his Dole Cheque.
Report johnizere May 31, 2016 11:24 PM BST
Real Deal... I think there's a lot of people looking at the possibility of some skulduggery with the postal vote, and I'm one of them.
Report Loddy May 31, 2016 11:29 PM BST
Did you see reports that some EU migrants have been receiving polling cards even though they are supposed to be ineligible to vote?

Disgraceful stuff.
Report Loddy May 31, 2016 11:32 PM BST
and the postal vote guide that comes with the actual polling card that showed a pen ticking the Remain box!

Its all here http://www.express.co.uk/news/politics/675573/EU-referendum-fears-over-Brexi...
Report Loddy May 31, 2016 11:34 PM BST
http://www.express.co.uk/news/politics/675573/EU-referendum-fears-over-Brexi...
Report Loddy May 31, 2016 11:34 PM BST
Apologies didn't realise I had to shrink it http://goo.gl/XBNN0y
Report Des Pond May 31, 2016 11:37 PM BST
I’ve 100% made my mind up (5308 votes)
I’ll be voting 'remain'        2064 votes (39%)
I’ll be voting 'leave'        3243 votes (61%)

I’m pretty sure but not completely decided (1097 votes)
I’ll be voting 'remain'        539 votes (49%)
I’ll be voting 'leave'        558 votes (51%)

I’m blowing in the wind (892 votes)
I’m swaying to vote 'remain'        208 votes (23%)
I’m swaying to vote 'leave'        240 votes (27%)
I’m genuinely undecided        444 votes (50%)

I’m not planning to vote (63 votes)
If I were, I’d vote 'remain'        6 votes (10%)
If I were, I’d vote 'leave'        19 votes (30%)
I really don’t know how I’d vote        28 votes (44%)
I really don’t care        10 votes (16%)


I will go on and on about how me and everyone i've met will be voting for Brexit, although in reality I probably won't bother and neither will the 12,000 other people that I dream't up (after all how could they if they don't exist)   15924 votes  (300%)
Report Shab May 31, 2016 11:38 PM BST
.
http://www.express.co.uk/news/politics/675573/EU-referendum-fears-over-Brexit-vote-integrity-as-EU-citizens-sent-polling-cards
.
just use full stops before and after
Report Loddy May 31, 2016 11:41 PM BST
Ah thanks :)
Report gambeano June 1, 2016 8:07 AM BST
@johnizere and others - There is an alternative to postal voting, which is to appoint someone you trust (anyone really, so long as they're not a politician!) to vote by proxy. I will be away on holiday when the vote takes place (in Turkey, in a slightly strange twist of irony), so I've filled in the form and my neighbour will be voting for me. I'm not sure I trust the postal voting system on this occasion, especially as it could come down to a few thousand votes, such as we saw in Austria, where the postal vote clinched it at the death to keep out the far-right candidate. Postal votes are easier to lose than those in a box at the polling station, although I'm sure those boxes can go missing too.
Report DIE LINKE June 1, 2016 9:22 AM BST
Electoral fraud?! This isn't the United States of America!
Report plotless June 1, 2016 9:59 AM BST
I’ve 100% made my mind up (9838 votes)        
I’ll be voting 'remain'        3732 votes (38%)
I’ll be voting 'leave'        6106 votes (62%)
I’m pretty sure but not completely decided (2099 votes)        
I’ll be voting 'remain'        989 votes (47%)
I’ll be voting 'leave'        1110 votes (53%)
I’m blowing in the wind (1810 votes)        
I’m swaying to vote 'remain'        395 votes (22%)
I’m swaying to vote 'leave'        467 votes (26%)
I’m genuinely undecided        948 votes (52%)
I’m not planning to vote (148 votes)        
If I were, I’d vote 'remain'        17 votes (11%)
If I were, I’d vote 'leave'        37 votes (25%)
I really don’t know how I’d vote        61 votes (41%)
I really don’t care        33 votes (22%)
I’m not entitled to vote (184 votes)        
If I were, I’d vote 'remain'        93 votes (51%)
If I were, I’d vote 'leave'        73 votes (40%)
I really don’t know how I’d vote        10 votes (5%)
I really don’t care        8 votes (4%)

                   14,079 votes received.
Report CJ70 June 1, 2016 11:06 AM BST

May 31, 2016 -- 8:59PM, DIE LINKE wrote:


Does anyone post bets before the event on here?


Sure. The problem is that you have a long list of people who don't appear to bet who get the threads removed.

We were constantly getting threads on the Scottish/Welsh elections removed presumably because Labour supporters didn't agree with the summation. They were wrong as usual.

Report CJ70 June 1, 2016 11:06 AM BST

May 31, 2016 -- 9:20PM, Des Pond wrote:


May 31, 2016 --  8:59PM, DIE LINKE wrote:Does anyone post bets before the event on here?the Brexit fans don't appear to bet at all. hence the odds.


You got caught out saying this earlier, why repeat it when you know you are wrong?

Report CJ70 June 1, 2016 11:09 AM BST

May 31, 2016 -- 10:33PM, Shab wrote:


Leave winning in every category. Should we expect this given the demographic of the MSE site? Middle-aged / older people are much more likely to use MSE and vote out.Will be interesting to see how this develops as more people participate.


I would think the MSE demographic is C1/C2/D/E

Report unitedbiscuits June 1, 2016 11:46 AM BST
MSE and Brexit are overlapping demographic types: whiplash-sensitive, multiple-perp-insurance-claimaints, rate-tarts who expect to be bailed out when their fav Icelandic banks default, bottom-feeders who know the price of everything and the value of nothing.
Report Wallflower June 1, 2016 5:41 PM BST
Dr Crippen
Joined: 16 Apr 02
Replies: 24360
    31 May 16 17:28   

I can't see how this compares with the Scottish referendum. It's a different kettle of fish altogether.
The Scots weren't peed off with being part of Britain like Britain is peed off with being part of the EU. 

-------------------------------------------------------------------------------

Its not a different kettle of fish at all. It is very very similar. A great many Scots are peed off with being part of Britain, they don't feel British and don't want to be British. The scaremongering will increase steadily as exit becomes real, just wait and see. The Scots being the Scots let their fear rule them, I suspect the English wont despite the all the prophecies of doom which will now appear.
Report lmfao June 1, 2016 5:59 PM BST
could it be something to do with the French?

the national strike is growing- started off with shortages at the pumps- extended to refineries and so reported  the govt are dipping into the forces fuel stockpile (never thought they would have that much but hey-ho) - now extending to possible national travel strike and of course 11 of 12 nuclear power stations now threatening strike;  in the past- for decades- the french govt always capitulate - but thats a little difficult this time because some of the employment laws are being forced on the country by the EU


when your in the club and your nation wants a change- you'r fooked fellas

so- what is it gonna be like in uk if we remain but dont want eu law?


And
immigration: we are all told that expansion of europe to include Turkey cannot happen without UK agreement - in that uk can veto anything - if thats so- why did uk representatives not veto the entry of the balkan states/ greece/ poland etc ????



it all stinks to high heaven: I know from business experience that ruling by large  committee seldom works and is never as good as smaller ones; one vote in 30 at the table? - no thanks.
Report Des Pond June 1, 2016 10:25 PM BST

Jun 1, 2016 -- 11:06AM, CJ70 wrote:


May 31, 2016 --  9:20PM, Des Pond wrote:May 31, 2016 --  8:59PM, DIE LINKE wrote:Does anyone post bets before the event on here?the Brexit fans don't appear to bet at all. hence the odds.You got caught out saying this earlier, why repeat it when you know you are wrong?


In what way have I been "caught out"? I am not wrong, the market tells you all you need to know, and it is still at 1.34 for Remain. Why would the odds for remain be so low, if Brexit supporters were backing Out in any numbers? The fact is they are not. That is why the remain price is still extremely low. I can't, for the life of me, see how you can possibly come up with any evidence to the contrary, The OUT price is very high because so many people are betting on remain.

Report treetop June 1, 2016 11:14 PM BST
Most Brexit supporters will be small betters to small stakes, the big hitters will assume the bookies know what is what and follow te herd. How many short priced favoruites get beat during a season /
Report CJ70 June 2, 2016 11:55 AM BST

Jun 1, 2016 -- 10:25PM, Des Pond wrote:


Jun  1, 2016 -- 11:06AM, CJ70 wrote:May 31, 2016 --  9:20PM, Des Pond wrote:May 31, 2016 --  8:59PM, DIE LINKE wrote:Does anyone post bets before the event on here?the Brexit fans don't appear to bet at all. hence the odds.You got caught out saying this earlier, why repeat it when you know you are wrong?In what way have I been "caught out"? I am not wrong, the market tells you all you need to know, and it is still at 1.34 for Remain. Why would the odds for remain be so low, if Brexit supporters were backing Out in any numbers? The fact is they are not. That is why the remain price is still extremely low. I can't, for the life of me, see how you can possibly come up with any evidence to the contrary, The OUT price is very high because so many people are betting on remain.


Eh? There's no evidence to the contrary?? Every book under the sun is reporting the opposite to what you are stating.

I asked you earlier why you think they are wrong and you didn't answer, presumably because I thought you'd realised you were wrong. We'll have another go if you like..

1) Why are all the bookmakers lying?
2) Why are the odds moving against you?

Report unitedbiscuits June 2, 2016 11:58 AM BST
Still waiting to see CJ70 manipulate this market.
Should be a masterclass.
Report errytay June 2, 2016 12:11 PM BST
If bookmakers were only taking money on Leave THEY would be the shortest price. It's called bookmaking.

Books opening prices are set on what they know and their opinions. Cash manipulates the markets.

To show a profit bookmakers need balanced books not lop sided ones, they adjust prices according to the money they take. Anyone thinking otherwise know absolutely nothing about bookmaking.
Report swift-tuttle June 2, 2016 1:44 PM BST
True to a large extent but it's not the full story especially in 2 horse races. Opinion does have to be the major influence on the market but the problem is that once a strong favourite has been established, it's very difficult to shift.
Report blank June 2, 2016 3:37 PM BST

May 31, 2016 -- 5:31PM, Des Pond wrote:


The polls got it wrong then, I didn't, neither did the bookies. and I am not wrong this time either


The bookies followed the polls, Betfair had the Conservatives on 275 seats, labour on 263 and libdems on 29. Polling projections had Conservatives 278, Labour 267 and libdems 27. Imv getting it right would have been calling the conservative majority or a high number of seats, not the most seats which was practically a 50/50 shot in Jan 2015.

Report Des Pond June 2, 2016 6:06 PM BST
The bookies may have followed the polls for a while, but the bookies cottoned on to Milliband's lack of credibility long before the polls began to reflect public opinion. Conservative were narrow odds against in january, for most seats. that is what I backed.that price lasted a few days before it began to plunge dramatically, despite polls still showing strong labour support. A mate of mine (as i said before)took the plunge and backed tory majority at huge odds. It turned out well for him but it was far too much of a risk for me. For me the bet was tory most seats (which i still think is the safest bet I have ever made)at 11/10, evens, and 10/11, which was outstanding value for me. I have put thousands of much smaller bets on, many at at odds on. But I have never felt safer or more comfortable with a bet than I did with that one, despite it being by far the most i have ever bet on one event.
Report Des Pond June 2, 2016 6:45 PM BST
I posted the above only to illustrate that the people who got their fingers burned backing Labour at the GE because the polls told them a labour win was a possibility, are NOT necessarily the same people that are backing Remain this time. Quite a lot of people on here seem to assume that anyone who is backing Remain for the EU Ref(broadly in lne with the polls), also backed labour at the GE. They keep on pointing out that the polls got it wrong last year, in the mistaken assumption that anyone believing the polls this time must also have got it wrong at the GE. This is not the case. I'll wager that I(as a labour voter)put far more on the Tory win (most seats) than any of the Brexit supporters on here.
Report CJ70 June 3, 2016 9:36 AM BST

Jun 2, 2016 -- 6:45PM, Des Pond wrote:


I posted the above only to illustrate that the people who got their fingers burned backing Labour at the GE because the polls told them a labour win was a possibility, are NOT necessarily the same people that are backing Remain this time. Quite a lot of people on here seem to assume that anyone who is backing Remain for the EU Ref(broadly in lne with the polls), also backed labour at the GE. They keep on pointing out that the polls got it wrong last year, in the mistaken assumption that anyone believing the polls this time must also have got it wrong at the GE. This is not the case. I'll wager that I(as a labour voter)put far more on the Tory win (most seats) than any of the Brexit supporters on here.


There's an awful lot of assumptions in that post. One of the finest things you can learn in betting is never boast that you have the biggest stakes as you almost certainly haven't and somebody is more than likely to slap you down for it.

Report plotless June 3, 2016 11:13 AM BST
Into 3.5 on here now for Brexit. Depending on how Gove does tonight, can see most bookies being 2/1 before end of the day.
Report Platini June 3, 2016 11:24 AM BST
Laddies knocked over...  https://www.youtube.com/watch?v=bTTXlcgplsU

Laugh
Report plotless June 3, 2016 12:24 PM BST
Happened sooner than I thought! SJ into 2/1, 5/2 elsewhere, though shorter on here.
Report Des Pond June 3, 2016 6:02 PM BST

Jun 3, 2016 -- 9:36AM, CJ70 wrote:


Jun  2, 2016 --  6:45PM, Des Pond wrote:I posted the above only to illustrate that the people who got their fingers burned backing Labour at the GE because the polls told them a labour win was a possibility, are NOT necessarily the same people that are backing Remain this time. Quite a lot of people on here seem to assume that anyone who is backing Remain for the EU Ref(broadly in lne with the polls), also backed labour at the GE. They keep on pointing out that the polls got it wrong last year, in the mistaken assumption that anyone believing the polls this time must also have got it wrong at the GE. This is not the case. I'll wager that I(as a labour voter)put far more on the Tory win (most seats) than any of the Brexit supporters on here.There's an awful lot of assumptions in that post. One of the finest things you can learn in betting is never boast that you have the biggest stakes as you almost certainly haven't and somebody is more than likely to slap you down for it.


Fair enough, point taken. I just wish that people would stop banging on about "everyone" getting it wrong at the General Election, as if it was news to me. I was telling anyone who wanted to listen, that Milliband had ZERO chance of being elected, for MONTHS before the Vote. Anyway, that's in the past now! Meanwhile back at the market; some 1.42 taken today at lunchtime, the 1.44 has not been touched though. On the way down again now, but signs are hopeful that there might be a few spikes yet. Cool

Report blank June 4, 2016 1:53 PM BST
You have been saying the bookies got the GE right when they were miles out just like the polls were. I've posted Betfair's predictions based on their markets which were almost identical to the polls, the other bookies wouldn't have been so far out from Betfair. They both called it wrong.
Report blank June 4, 2016 2:03 PM BST
btw well done for backing Conservative most seats but this bet won so easily that you cant say you called the GE right. That imo would have meant laying no overall majority at sub 1/10 or backing something like conservatives 300+ seats. It's a bit like someone referring to backing Leicester to finish in the top half as evidence of calling the Premier league right.
Report Des Pond June 4, 2016 2:33 PM BST

Jun 4, 2016 -- 1:53PM, blank wrote:


You have been saying the bookies got the GE right when they were miles out just like the polls were. I've posted Betfair's predictions based on their markets which were almost identical to the polls, the other bookies wouldn't have been so far out from Betfair. They both called it wrong.


They go it wrong a few months before the election, but the price did plummet long before election day while the media were still saying "too close to call".  I take your point though.

Report Des Pond June 4, 2016 2:36 PM BST

Jun 4, 2016 -- 2:03PM, blank wrote:


btw well done for backing Conservative most seats but this bet won so easily that you cant say you called the GE right. That imo would have meant laying no overall majority at sub 1/10 or backing something like conservatives 300+ seats. It's a bit like someone referring to backing Leicester to finish in the top half as evidence of calling the Premier league right.


Fair enough, but i still had people shaking their heads in disbelief at me, at what i had done, even the day before the vote. Go figure!

Report ZenMaster June 6, 2016 10:48 AM BST
1/2
6/4

This is getting close.
Like Spieth v Day in a play off.
Report anxious June 6, 2016 10:53 AM BST
Where are you getting those odds from , I have looked on oddschecker and it gives a lot of bookmakers odds most of them still are 1-3 or 2-5 remain , 11-5 and 2-1 leave
Report gresty241 June 6, 2016 11:32 AM BST
1.45 Remainians
3.15 Brexiteers
Report ZenMaster June 6, 2016 11:41 AM BST
Yeah i just rounded them up for my own fractional sensationalism.
Report unitedbiscuits June 6, 2016 11:50 AM BST
Zenmaster has Brexit-figure syndrome, they're about as accurate as my lottery tickets.
Report DIE LINKE June 6, 2016 11:54 AM BST
What did you stand to gain from that, ZenMaster? Confused
Report errytay June 6, 2016 11:58 AM BST
And when faced with the facts, just grins and keeps repeating the same incorrect figures.
Report ZenMaster June 6, 2016 11:59 AM BST
It saves time on me posting them tomorrow DL when they are that price.
Report sageform June 6, 2016 6:43 PM BST
Markets follow events. The bookmakers and layers on here react to polls, speeches, threats of armageddon etc. They have no more idea of the outcome than any punter. My only comment would be that the reason why the general election result was called wrongly by many pundits was that they didn't allow for higher turnouts among older people and rural voters who mostly vote A) Conservative and B) Brexit.
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