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.
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?
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?
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.
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.
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.
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.
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.
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.





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.
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?
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
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.
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?
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.
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.
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.
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.
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!