Betting Pattern like Brexit points to Trump victory

Discussion in 'Politics' started by jem, Oct 19, 2016.

  1. jem

    jem

    Bookmaker William Hill says 71 per cent of the money so far staked is for Democrat Hillary Clinton. But 65 per cent of the bets by number are for the controversial Republican.

    That means a lot more punters are putting smaller bets on Trump, almost exactly the same pattern as was seen in the run up to the Brexit vote when the money was for Remain but the majority of bets were for Leave.

    The bookie has cut the odds on a Trump victory from 11-2 to 4-1 over the past two days in response to a surge in bets for the reality TV star and businessman turned politician.


    “Trump at 4-1 or 11-2 will attract the smaller punters. But I don’t think that is only reason for the number of bets on him, and we have had to cut the odds on Trump three times in the last couple of days. This isn’t over.”
    ...

    John Mappin, the hotelier and part of the family that founded jeweller Mappin & Webb, stands to make £103,000 from the bookie should Trump win. Mr Mappin, who owns Camelot Castle in Cornwall, has already made a substantial profit from backing him to take the Republican nomination at 20-1.

    “I’ve only ever placed one bet – this one,” he told The Independent. Explaining that his conviction was based on conversations with Americans and his experience working in the country, he continued: “I was on baby duty with my son when I watched Mr Trump announce his candidacy. I saw the media had got it wrong. They were saying the guy has no chance. They were saying he’s doing this for a joke. That’s not the case. His supporters, they’ve been watching media bullshit for years and they see through it. Polls are very rarely reliable. I am more confident than ever that Mr Trump will win. ”



    more at link...

    http://www.independent.co.uk/news/w...-disastrous-week-of-campaigning-a7368196.html
     
    Jones75 and Clubber Lang like this.
  2. java

    java

    if the betting house was in washington or even Peoria I might pay attention. This is just Brits betting on Politics they don't understand. I don't bet on their soccer and they shouldn't bet on our elections. I see very little difference between BBC and cnn so and I consider anybody who watches either low information. Gamblers are degenerate losers until they bet on an election and then they somehow become smart money. But I will admit, many small bets on Trump and fewer big bets on Hillary pretty much says it all and sums it up.
     
  3. jem

    jem

    strong analysis. i had similar thoughts but I liked the part about the guy who already made bucks on trump.

     
  4. Tony Stark

    Tony Stark

    Brexit and A US Presidential election are not the same.
     
  5. Good1

    Good1

    But they are similar.
     
  6. JackRab

    JackRab

    Hedging the long bet on Clinton for cents on the dollar... any smart punter/trader would do that.

    Just because they are both spherical doesn't mean an apple is an orange....
     
  7. fhl

    fhl

    It's a replay of the primaries. They're all piling on Trump to make him say he's accept the results of an election, just like they piled on to make him say he'd support the republican nominee.

    And then when the repub nominee was him, the folks who were piling on wouldn't support the republican nominee.

    Yes, it's a replay.
     
  8. traderob

    traderob

    if i coukd get a bet in on clinton winning at those odds i woukd put down $5000 today
     
  9. I put a bet down at bovada with 3.75 to 1 odds. But there they give you a 50% deposit bonus if its your first time signing up so in reality its like 5.62 to 1 odds. Hoping to cash out just over $2k if he wins.
     
  10. jem

    jem

    The best poll per Tony's algo has Trump in the lead today.
    IBD 4 way poll has Trump up by 1 nationally.
    IBD was the best poll in 2012; the way Tony calculates things.
     
    #10     Oct 20, 2016