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EU referendum

Posted: Fri Jun 24, 2016 3:13 pm
by chalcedony
how did the bookies get it so wrong?

Posted: Fri Jun 24, 2016 3:29 pm
by Antony OLBG

Posted: Fri Jun 24, 2016 4:50 pm
by 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.

Posted: Fri Jun 24, 2016 8:32 pm
by LustForLeith
No matter how bad you feel today, pity that woman who placed her first bet...

Posted: Sat Jun 25, 2016 1:17 am
by 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. :yes:

Posted: Sat Jun 25, 2016 1:44 am
by 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

Posted: Sat Jun 25, 2016 5:40 am
by UnderdogsLover
First agree with Jim Brown :yes: ..
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..