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The move for leave has started? 4.2 to 3.55

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By:
clacherholiday2
When: 23 Jun 16 10:46
saw this in scotland in 2014.  like a mug i bet on Yes the night before at 7/2, woke up to see No was 1/8 the day of the vote Plain

im expecting 55-45 for Remain
By:
anxious
When: 23 Jun 16 10:48
So you think remain will be under 54.5 or over ?
By:
anxious
When: 23 Jun 16 10:55
Remain now 1-5 1-6 right across the board
By:
anxious
When: 23 Jun 16 10:56
Price shortened in just last couple of hours
By:
spyker
When: 23 Jun 16 10:58
Been big move for remain 55-60 recently so going on that something like 54-46 is looking right. Just had my £2 @80 matched for 65-70 (which won't happen!) so volatility is there.
By:
johnizere
When: 23 Jun 16 10:59
I predict 52-54% remain win, unfortunately.
If the polls suggest it's neck and neck (well almost?), why are the odds suggesting a landslide for remain?
Is there something we don't know, or am I being cynical in thinking the postal vote is already known (result wise)
and that it's all over bar the shouting?
By:
anxious
When: 23 Jun 16 11:03
I thought that too on 365 they have over and under perecentage for renain at 54.5 per cent ,4/5 under 10/11 over, only main result they 1-8 remain 5s leave , surely they should go higher than 54.5 if they are so certain of result
By:
bigpoppapump
When: 23 Jun 16 11:04
45-45 poll means 10% undecided.  conventional analysis gives more of the 10% to ultimately vote Remain.  They've been saying all along that Leave needs a lead in a poll to actually win.  Maybe that's whY?
By:
InsiderTrader
When: 23 Jun 16 11:13
1.16 on here now. Is it because they believe high turnout will favour remain? In 1975 turnout was 64% with a massive 67% wanting to remain.
By:
bigpoppapump
When: 23 Jun 16 11:16
yes - low turnout has been seen as a risk to Remain. 

reporting that it's been neck and neck in the polls probably a mobilising factor in the well off southern heartlands. It's not over yet though.
By:
bigpoppapump
When: 23 Jun 16 11:17
I love the high turnout bets.  Cant understand the prices given Scottish referendum was 84% turnout.

Clearly basing things on General election data (66%) but still.
By:
clacherholiday2
When: 23 Jun 16 11:20
johnizere
23 Jun 16 10:59
I predict 52-54% remain win, unfortunately.
If the polls suggest it's neck and neck (well almost?), why are the odds suggesting a landslide for remain?
Is there something we don't know, or am I being cynical in thinking the postal vote is already known (result wise)
and that it's all over bar the shouting?



the cynic in me says that even if more people did for to Leave, it would never show up in the results, with all the powers of the day in finance, the media and government all colaborating on the Remain side youd have to be naive to think vote rigging is impossible.  the people regulating the collection and storage of postal votes aswell as those moving votes from polling station are not immune from corruption.

public opinion is generally on the Leave side, very few of those who are voting Remain give a sh1t about the EU but still consensus and apathy generally dictate how elections pan out.  theres MPs who were voted for with majorities in the thousands who spent 100k+ on expenses like egyptian silk curtains and importing leather chaise longue sofas from Paris.

one of the primary arguements when we voted on a proportional representation system was 'why should we make the voting system too complicated, people will get confused' and of course the great brittish public turned out and voted 2/1 in agreement that we're too thick to figure out PR.
By:
trilby22
When: 23 Jun 16 11:20
Leave drifting like a barge to 6/1 ... have lumped on accordingly Cool
By:
bigpoppapump
When: 23 Jun 16 11:22
£ has gone to $1.49 for the first time today. Been solid all morning.
By:
bigpoppapump
When: 23 Jun 16 11:23
FTSE 100 moving between 1.3% and 1.8% up on the day.
By:
anxious
When: 23 Jun 16 11:23
1-9 remain 11-2 leave , 365 looks like its a done deal
By:
MatchedBets
When: 23 Jun 16 11:24
am I missing something? woke up to 1.16 remain. bookies already think remain has won?
By:
CJ70
When: 23 Jun 16 11:24

Jun 23, 2016 -- 11:24AM, MatchedBets wrote:


am I missing something? woke up to 1.16 remain. bookies already think remain has won?


Final poll shows Remain ahead by 4.

Market is moving on that.

By:
n88uk
When: 23 Jun 16 11:24
Is public opinion really on the leave side, I guess we will see, but it's my feeling that leave side generally just speak louder and are more outspoken.

Of the about 50 people I know voting, only 1 is voting leave. But hardly any of them will have said anything voicing their opinion anywhere.
By:
bigpoppapump
When: 23 Jun 16 11:25
there are exit polls paid for by big institutional investors/hedge funds.  Hence the city prices as the primary info from which the books are setting prices.
By:
InsiderTrader
When: 23 Jun 16 11:26
Market moved to 1.3 on the final poll. Now 1.16.
By:
bigpoppapump
When: 23 Jun 16 11:27
it's still very close.  6/1 is not exactly a massive long shot; they still don't really know, they just think they do.
By:
InsiderTrader
When: 23 Jun 16 11:27
There is no official exit poll on this. The guy who did the election one said it would be impossible to do it accurately as they have no historical data to go on.
By:
bigpoppapump
When: 23 Jun 16 11:28
these chocs are not based on the final polls - these are on exit polls.
By:
bigpoppapump
When: 23 Jun 16 11:28
exit polls are privately commissioned
By:
n88uk
When: 23 Jun 16 11:28
To me it seems a case that inside the pro leave groups, leave still only gets like 65:35% of support, but inside the pro remain groups it's like 95:5%.
By:
bigpoppapump
When: 23 Jun 16 11:29
very easy to do an accurate exit poll - you don't need any historical data.  you stand outside asking how people voted.  That's it.
By:
anxious
When: 23 Jun 16 11:29
so these moves this morning are the square mile secret polls then ?
By:
bigpoppapump
When: 23 Jun 16 11:32
it's not a secret.  there are exit polls being conducted and paid for by the city.  it's people asking how did you vote? outside polling booths.

there was a good article in the economist a couple of weeks ago about how these things are commissioned by the very big money institutes who are speculating on the pound.  the sooner they can know, the better.  obviously.
By:
CJ70
When: 23 Jun 16 11:34

Jun 23, 2016 -- 11:29AM, anxious wrote:


so these moves this morning are the square mile secret polls then ?


No. It's impossible to produce accurate figures throughout the day as different groups will vote at different times.

By:
InsiderTrader
When: 23 Jun 16 11:35
bigpoppapump   

23 Jun 16 11:29 
Joined:  16 Dec 02      | Topic/replies: 3,530  | Blogger: bigpoppapump's blog   



very easy to do an accurate exit poll - you don't need any historical data.  you stand outside asking how people voted.  That's it.

...

There are thousands of polling stations. How on earth would you evaluate the results on the referendum? You would normally do it on swings at that station but there is no comparative data here.
By:
InsiderTrader
When: 23 Jun 16 11:36
Not saying its not being done as pound up 1.6%. Just question how accurate it can be.
By:
bigpoppapump
When: 23 Jun 16 11:37
this ref is about first one to 50% plus a vote, right?  Nationwide.  It's not a series of 650 races.

it's not necessary to compare with the past (as in a gen election where you need certain swings in order to know where seats will change hands).  here, you just need to know which side is getting more votes.
By:
bigpoppapump
When: 23 Jun 16 11:38
agree it's not accurate - it's a sample with a margin for error - but it's clearly felt to be a valid exercise (clever people are prepared to pay for the data).
By:
InsiderTrader
When: 23 Jun 16 11:39
Ok. But how do you know where to sample?
By:
bigpoppapump
When: 23 Jun 16 11:41
if it were me I would choose just 3 polling booths in Grimsby.

how would you choose yours?

Plain
By:
InsiderTrader
When: 23 Jun 16 11:44
On this forum!

Seriously we are not allowed to conduct polls and publish the results before the end of voting.

Interesting article here on exit polling...

http://www.independent.co.uk/news/uk/politics/eu-referendum-exit-poll-who-has-won-remain-leave-brexit-live-updates-a7094886.html
By:
Shab
When: 23 Jun 16 11:44
Exit polls are no different to ordinary polls - you ask a few people then extrapolate. All polls are similarly open to error (either way). What they will do is estimate the expected make-up of a polling station depending on location, then ask a few hundred people how they voted. That method has many flaws, but is probably the best available.

The £/$ is up, but the $ is also down against other currencies so that will make it look worse than it is. It looks to me like the currency markets hae priced in a Remain win and are carrying on as normal. The only indicator to watch for is a sudden drop.

Of the about 50 people I know voting, only 1 is voting leave. But hardly any of them will have said anything voicing their opinion anywhere.
The sad fact of this statement is that the majority of people I know voting Remain don't really know why they are voting that way and when pressed on the issues have very little appreciation of what it is they are voting for. All they know is that they don't like Farage and don't want Boris as PM. It saddens me greatly that there are people in this country - and there are loads - who are too stupid or lazy to look at the issues and think for themselves (btw I'm not getting at Remainers who have made their decision 'correctly').
By:
bigpoppapump
When: 23 Jun 16 11:47
Seriously we are not allowed to conduct polls and publish the results before the end of voting.

if you're a $100b hedge fund you tend to be able to play fast and loose with these things.  Exit polls are being conducted - they think it's remain - that's why you're seeing what you're seeing.  It's not over yet though.  Long time until polls close.
By:
clacherholiday2
When: 23 Jun 16 11:48
n88uk
23 Jun 16 11:24
Is public opinion really on the leave side, I guess we will see, but it's my feeling that leave side generally just speak louder and are more outspoken.


public opinion and how the public votes are surprisingly at odds with each other.  thats not just me basing it on anecodtal evidence of asking a bloke in the pub, pollsters all year round collect data on questions like 'do you trust david cameron' or 'should tuition fees be abolished' and even though the opinion polls are against the government of the day, people still turn out and vote for them.

throughout this campaign pollsters have asked questions like 'do you think the uk is in control of immigration?' with a massive % of people saying no or 'should an eu court over-rule a uk court', again with most people by a big margin saying no.  ask the same people are they voting to leave the eu on june 23rd and somehow it becomes 50-50 as people generally go with the status quo.


in scotland something like 75% of 10,000 in edinburgh and the east of all places said scotland should have full fiscal autonomy with regards to spending and taxation, yet the city was heavily in favour of voting No.
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