Post by samsparrow74 on Feb 15, 2024 6:23:15 GMT
Before any election or big vote, like Brexit in the United Kingdom , we have numerous experts from polling companies as well as bookmakers telling us what they think will happen in these big events. Both are in a position in which they have a large amount of first-hand information that they can use to make their judgments or predictions, which does not mean that they are always right. In the case of the referendum on the United Kingdom leaving or remaining in the EU (Brexit), just when people began to question the official polls, many players felt that there was a great opportunity to bet against the predictions of the betting houses. bets, which caused great costs in them since they offered incorrect probabilities , mainly because the betting houses trusted the information offered by the pollsters and the probabilities increased based on them.
Political polls have been wrong on numerous occasions recently, most notably with Brexit, but also with President Donal J. Trump's electoral victory or Theresa May's tighter majority in the most recent Honduras Phone Number List UK election. The biggest mistake of all was, without a doubt, the mistake in predicting the result in the Brexit consulate , only 10% of pollsters predicted that the vote in favor of leaving the EU would win by a margin of 52 % compared to 48% of the vote to remain in it, which was the result that would finally occur. Although pollsters have a difficult job ahead of them to restore the lost prestige, get things right again and be able to offer more reliable predictions that are closer to the final results, bettors perceive that there is an opportunity to beat the betting houses and obtain great benefits in large political events.
Mr Shaddick, current director of one of the world's largest bookmakers (GVC Coral -Ladbrokes) said he had not lost all faith in the power of bookmakers' odds to help predict election and sporting outcomes, including after the Brexit referendum, or the triumph of the Leicester City team winning the 2015/16 Football Premier League at odds of 5000/1. These are unavoidable and normal occasions when a strange or unknown factor wins and changes the direction of the markets but in general betting markets are still a useful tool for forecasting outcomes of political and financial events. Bookmakers followed the poll results during the US elections in which Donald Trump became president in 2016. However, bettors did not take advantage of the bookmakers' great offer of high odds , and which would have created the same a loss much greater than the votes of the EU referendum (Brexit), According to the website newbettingsites.
Political polls have been wrong on numerous occasions recently, most notably with Brexit, but also with President Donal J. Trump's electoral victory or Theresa May's tighter majority in the most recent Honduras Phone Number List UK election. The biggest mistake of all was, without a doubt, the mistake in predicting the result in the Brexit consulate , only 10% of pollsters predicted that the vote in favor of leaving the EU would win by a margin of 52 % compared to 48% of the vote to remain in it, which was the result that would finally occur. Although pollsters have a difficult job ahead of them to restore the lost prestige, get things right again and be able to offer more reliable predictions that are closer to the final results, bettors perceive that there is an opportunity to beat the betting houses and obtain great benefits in large political events.
Mr Shaddick, current director of one of the world's largest bookmakers (GVC Coral -Ladbrokes) said he had not lost all faith in the power of bookmakers' odds to help predict election and sporting outcomes, including after the Brexit referendum, or the triumph of the Leicester City team winning the 2015/16 Football Premier League at odds of 5000/1. These are unavoidable and normal occasions when a strange or unknown factor wins and changes the direction of the markets but in general betting markets are still a useful tool for forecasting outcomes of political and financial events. Bookmakers followed the poll results during the US elections in which Donald Trump became president in 2016. However, bettors did not take advantage of the bookmakers' great offer of high odds , and which would have created the same a loss much greater than the votes of the EU referendum (Brexit), According to the website newbettingsites.