General election and gambling

A place to discuss anything.
footyfans
Posts: 5
Joined: Mon Mar 01, 2010 11:27 am

There is only one way to gamble and receive the approbation of church and state. Firstly use other peoples money - lots of it, secondly, when if it goes wrong be in a position to blame either someone else or the economic climate with, whenever possible, criticism of overseas financial markets. When it does go pear shape then the government will bail you out and your company will give you a golden handshake and a massive pension. In a word, don't be a Nick Gleeson but CEO of a large bank. Finally, trading on sports markets with your own money is reprehensible, trading in commodities or foreign exchange is OK, can someone explain that?
Mug
Posts: 182
Joined: Wed Mar 31, 2010 9:53 am

footyfans wrote:trading on sports markets with your own money is reprehensible, trading in commodities or foreign exchange is OK, can someone explain that?
Yes, gambling with wholes economies is acceptable but having a punt on the 15:20 is just for idiots of course.
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

In fairness to the popular belief, 99% of horse racing punters are mugs. :) I know a guy who makes an extremely good living from backing horses, but for every person like him, there are 99 people who come out significantly behind over a year.

Jeff
Mug wrote:
footyfans wrote:trading on sports markets with your own money is reprehensible, trading in commodities or foreign exchange is OK, can someone explain that?
Yes, gambling with wholes economies is acceptable but having a punt on the 15:20 is just for idiots of course.
Mug
Posts: 182
Joined: Wed Mar 31, 2010 9:53 am

I thought Nick Clegg did well last night. I think Cameron and Brown argued with each other too much!
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

What annoyed me about last night was that there were too many anecdotes which didn't really bring anything to the table. For example, what was the purpose of David Cameron saying that a black guy in Portsmouth he had recently spoken to agreed with him about immigration?!?

If an anecdote is particularly interesting or illuminating, then fair enough, include it. But last night, all three were clearly throwing in anecdotes because their PR people had told them to!

Jeff
Mug wrote:I thought Nick Clegg did well last night. I think Cameron and Brown argued with each other too much!
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LeTiss
Posts: 5504
Joined: Fri May 08, 2009 6:04 pm

Judging by last night's performances & the reaction to them, I expect to see the price on Conservatives drift and no overall majority shorten

Nick Clegg has as much chance of becoming Prime Minister as Nick Griffin. The Lib Dems can't win, but they can stop the Tories winning
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

To be honest, I'm surprised that the Tories are still odds on to get an overall majority.

They won't win based on current polls. And I can't see their lead increasing in the run-up to the election. If anything, 'better the devil you know' thoughts will probably start to creep into people's heads, narrowing the gap.

But I'm always a bit reluctant to go against the market- it usually knows a lot more than I do! :)

Jeff
LeTiss 4pm wrote:Judging by last night's performances & the reaction to them, I expect to see the price on Conservatives drift and no overall majority shorten

Nick Clegg has as much chance of becoming Prime Minister as Nick Griffin. The Lib Dems can't win, but they can stop the Tories winning
andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

LeTiss 4pm wrote:Judging by last night's performances & the reaction to them, I expect to see the price on Conservatives drift and no overall majority shorten.

The Lib Dems can't win, but they can stop the Tories winning
As stated by Portillo on This Week, if Lib dem. gain votes what is to say it doesn't increase the chance of a Conservative Majority as there is a high possibility that the votes they gain will come from Labour and not from Conservative supporters.
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LeTiss
Posts: 5504
Joined: Fri May 08, 2009 6:04 pm

andyfuller wrote:
LeTiss 4pm wrote:Judging by last night's performances & the reaction to them, I expect to see the price on Conservatives drift and no overall majority shorten.

The Lib Dems can't win, but they can stop the Tories winning
As stated by Portillo on This Week, if Lib dem. gain votes what is to say it doesn't increase the chance of a Conservative Majority as there is a high possibility that the votes they gain will come from Labour and not from Conservative supporters.
If you look at the Lib Dem seats they currently hold, the vast majority of them are former Tory seats.

Realistically, the Tories need to start winning these back to get into power

If people are voting against Labour then a vote for Lib Dems is a waste of a vote, because they are stopping the Tories getting in
Bet Angel
Bet Angel
Bet Angel
Posts: 4059
Joined: Tue Apr 14, 2009 3:47 pm

I've finished my article and research on the GE and what it holds for gamblers.

A mixed bag but I think the conclusion was that if the Conservatives were elected then things would probably continue as normal apart for there is a stronger stance against irresponsible gambling. Labour haven't got any major changes planned. It was hinted in a number of areas that the Conservatives may get rid of the gambling commission. The impression I got was that change or renewed legislation was not high on the agenda or considered a key issue. It seems other issues are much higher up the agenda and more likely to be dealt with first by whoever becomes the incumbent.

I didn't speak to the Lib Dem's!
hgodden
Posts: 1759
Joined: Thu Apr 16, 2009 2:13 pm

Thanks, sounds like good news :D
hgodden
Posts: 1759
Joined: Thu Apr 16, 2009 2:13 pm

Although I'm sure it's never too late for BetAngel to make some party donations, not that politicians can be influenced of course ;)
Mug
Posts: 182
Joined: Wed Mar 31, 2010 9:53 am

Wished I'd backed the lib dems. Another debate tonight, it will be interesting to see how this affects the prices. I may have a go tonight.
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LeTiss
Posts: 5504
Joined: Fri May 08, 2009 6:04 pm

Mug wrote:Wished I'd backed the lib dems. Another debate tonight, it will be interesting to see how this affects the prices. I may have a go tonight.
I'm going to lay the Lib Dems tonight.

They are a very low price to win most seats, the chances of this happening are realistically much longer

I reckon Cameron & Brown will come out fighting tonight and Clegg will be found wanting
Bet Angel
Bet Angel
Bet Angel
Posts: 4059
Joined: Tue Apr 14, 2009 3:47 pm

These debates don't seem very constructive. They are not really answering the questions that are being asked?
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