EU referendum

[chalcedony]

how did the bookies get it so wrong?

[Antony OLBG]

Quite interesting article here
http://www.independent.co.uk/news/uk/po ... 00856.html

[Betfairalfie]

Nice read.

The Betfair market was exceptionally strong and incredibly wrong. Over 10.00 for LEAVE when the polls closed.

The markets got this 52/48 call very very wrong.

[LustForLeith]

No matter how bad you feel today, pity that woman who placed her first bet...

[Jim Brown]

I would suggest that it's not the bookies who got it wrong, but the punters. Bookies do set odds initially but the money then determines who becomes favourite.

[megadan1213]

I was very tempted to place x on leave at the start of the night, when the odds were heading towards 14/1... but i thought to myself, they must have some information i don't, seems like we're staying.

a few hours later and Stay is hitting 8/1...12/1...20/1...

I get that no one can foresee what's going to happen but there was a great chance for a win-win situation there, if only i'd been braver at the start of the night.

Mod edit: Please don't mention monetary amounts as per forum. rules,thanks

[UnderdogsLover]

First agree with Jim Brown ..

I would suggest that it's not the bookies who got it wrong, but the punters

Anyway i stay clear of these 2 horse race bets, i only just watch....
They unpredictable, just like last year General Election, no one
forecast that it was going be landslide!! Well i did nt..