US Presidential Election 2020

Betfair trading & Punting on politics. Be aware there is a lot of off topic discussion in this group centred on Political views.
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Naffman
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LeTiss wrote:
Tue Sep 01, 2020 9:21 am
Don't take any notice of Paul Krishnamurty. That guy goes to bed in Lenin pyjamas

Needless to say, we've blocked each other on Twitter........we couldn't even agree on what day of the week it is
:lol: :lol:
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LeTiss
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The problem with Paul Krishnamurty is that he is so left-wing it distorts his ability to be impartial. It influences his opinion too much. I am no different of course, but I'm not claiming to be the Betfair Exchange political expert

Read his tweets in the week before the GE 2019. It's absolutely laughable. He's banging on about Momentum and refusing to beleive Boris has secured an overall majority. He struggled to even accept the exit polls

He's a bloke with a passion for politics and a passion for betting on them. However, an expert he isn't
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Naffman
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LeTiss wrote:
Tue Sep 01, 2020 9:39 am
The problem with Paul Krishnamurty is that he is so left-wing it distorts his ability to be impartial. It influences his opinion too much. I am no different of course, but I'm not claiming to be the Betfair Exchange political expert

Read his tweets in the week before the GE 2019. It's absolutely laughable. He's banging on about Momentum and refusing to beleive Boris has secured an overall majority. He struggled to even accept the exit polls

He's a bloke with a passion for politics and a passion for betting on them. However, an expert he isn't
Exactly, surely they could've got someone a bit more impartial and who doesn't have such a poor track record of betting, or maybe that's what they want?

Noticed that a few days before the US election is the QLD state election, tiny in comparison I know but its usually a Labor landslide, seems to be 50/50 this year though and could tell us a bit
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Naffman
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He's now laid another 30pts on Trump, how much is a point to him...I hope it's not a lot otherwise he's lost a fortune these last few years
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gazuty
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So many people have TDS.
Vaz0202
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I might be wrong here but I will say it anyway:

I don’t think you can be passionate about politics and successfully trade politics.
Surely any sort of political persuasion you have will jeopardise your ability to read the market.

A bit like trading your fav football team.

Am I alone in this? I’m expecting a whole host of screenshots to prove I’m wrong but will take it in good humour for being a numpty 😂
Trader Pat
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Naffman wrote:
Tue Sep 01, 2020 10:34 am
He's now laid another 30pts on Trump, how much is a point to him...I hope it's not a lot otherwise he's lost a fortune these last few years
I havent seen his article so I dont know what his reasoning is for laying Trump at that price. I'm waiting til he's odds on and then I'll add to my position but the only way it makes sense to lay Trump at evens is if you're logic is to expect a bounce off 2 and you have a stop loss somewhere around 1.95 just in case it doesnt happen. Trump could easily break 2 and be at 1.50 come election time.
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Derek27
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Naffman wrote:
Tue Sep 01, 2020 10:34 am
He's now laid another 30pts on Trump, how much is a point to him...I hope it's not a lot otherwise he's lost a fortune these last few years
Probably virtual money. ;)
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Naffman
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Derek27 wrote:
Tue Sep 01, 2020 3:40 pm
Naffman wrote:
Tue Sep 01, 2020 10:34 am
He's now laid another 30pts on Trump, how much is a point to him...I hope it's not a lot otherwise he's lost a fortune these last few years
Probably virtual money. ;)
Maybe a penny shaver so it's really only 30p ;)
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jamesedwards
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Can't believe I'm sharing an article from the oxymoronically-named 'Independent', but thought this an interesting read and potentially hugely pertinent to anyone trading the Presidential market. https://uk.yahoo.com/news/election-nigh ... 00289.html
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Naffman
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jameegray1 wrote:
Tue Sep 01, 2020 8:40 pm
Can't believe I'm sharing an article from the oxymoronically-named 'Independent', but thought this an interesting read and potentially hugely pertinent to anyone trading the Presidential market. https://uk.yahoo.com/news/election-nigh ... 00289.html
Analysts working on behalf of the Democrats and funded by Bloomberg who hates Trump...seems like they're already expecting the worst
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Euler
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£70m matched already. Going to be a cracking market.
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superfrank
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Vaz0202 wrote:
Tue Sep 01, 2020 2:49 pm
I might be wrong here but I will say it anyway:

I don’t think you can be passionate about politics and successfully trade politics.
Surely any sort of political persuasion you have will jeopardise your ability to read the market.

A bit like trading your fav football team.

Am I alone in this? I’m expecting a whole host of screenshots to prove I’m wrong but will take it in good humour for being a numpty 😂
I don't agree. You can't compare it football. Anything can happen in 90 minutes whereas the fundamentals in politics are much more important. A genuine interest and knowledge is a great help imho.

On Brexit night those of that realised the importance of the early results (and that Remainer London was never going to be enough to swing it back) cleaned up.

The important thing to remember is that the broadcast media are very left wing and their coverage often amounts to wishful thinking. They had us believe Boris vs Corbyn was neck and neck. It was all crap. Corbyn couldn't even beat May at the height of his popularity so was never gonna beat Boris. I wish I'd have stuck to my guns more on that.
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Naffman
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Emerson Polling which are usually v. reliable have Trump 2 pts behind, he lost by 2pts in 2016 too
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