EU Membership Referendum (Brexit)

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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Euler
Posts: 26359
Joined: Wed Nov 10, 2010 1:39 pm

Not sure I have
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Euler
Posts: 26359
Joined: Wed Nov 10, 2010 1:39 pm

Betfair have just confirmed to me its the biggest ever market.
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LeTiss
Posts: 5480
Joined: Fri May 08, 2009 6:04 pm

Wow - that's something to shout about Peter, considering we moan about the demise of the Exchange
tiha_patnja
Posts: 30
Joined: Tue Jun 30, 2015 8:03 pm

Was GREAT !!! Everything went perfect for me hope you all did great too :) .

I am interested in what does leave mean for betfair in general? I heard something about extra taxes for online gambling next year? How does that affect me if I am not from the UK?

I know its not really on topic but I am very interested since this is my first year on betfair and it is going great, I would like it to continue for some time.

Kind Regards
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marksmeets302
Posts: 527
Joined: Thu Dec 10, 2009 4:37 pm

little bit of mayhem on the financial markets, but all in all I'm very pleased with my position. Stocks getting hammered of course, but those losses are offset by gains in gold, bonds and eurusd. Will be exciting to see what happens on the first print of the vix. Expecting a big loss on the short vola position.
Zenyatta
Posts: 1143
Joined: Thu Mar 11, 2010 4:17 pm

I certainly wasn't expecting 'Leave' to win, major upset!

Shock waves reverberating around the world after Brexit and Cameron resigning - no international observer would have picked Corbyn to outlast Cameron!
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Euler
Posts: 26359
Joined: Wed Nov 10, 2010 1:39 pm

Trump elected next and starts war with South American, I jest, but it seems anything could happen currently in the world.
PeterLe
Posts: 3724
Joined: Wed Apr 15, 2009 3:19 pm

LeTiss 4pm wrote:Without doubt, the greatest and most extraordinary trading market in the history of BF
I stayed up till around 3am watching the reaction..
Ive never seen so much money being thrown around; it was like a shark frenzy.
With wisdom of the crowd and the amount traded, its hard to see how the market got this completely wrong?

It was interesting to see crowd behaviour too; did you see the ladder on leave between 10 - 11Pm it traded up around 17 - 18?
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Dallas
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Joined: Sun Aug 09, 2015 10:57 pm

I wonder where the so called experts get their info from??
Being from the NE there was no doubt imo that it was going to be a strong vote to leave from all areas around here.
So when they where forecasting remain around 10pm and the exchange odds fell below 1.10 I was waiting for the drift once the first votes from this area where announced - although the ferocity was surprising!
Abraquay
Posts: 163
Joined: Thu Jan 28, 2016 9:46 am

Am also from NE myself Dallas. Strong feeling to leave from all people i know.

EU UK Membership Referendum / EU Referendum - Brexit
Comm Charged 4.91% On Net winnings of GBP54.39 :D
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Mr Undercover
Posts: 226
Joined: Thu Nov 03, 2011 7:22 pm

I think it's time to invest in stocks, not seen so much value in, well, in my life time.

Disappointed Cameron has spat the dummy and announced "if you don't love me I'm not playing anymore" knee jerk reaction in my view.

What will happen to stocks when Amercia comes online?
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marksmeets302
Posts: 527
Joined: Thu Dec 10, 2009 4:37 pm

What will happen to stocks when Amercia comes online?
s&p futures are down 80 points, implying a 4% move down. Not exactly a non-event, but hardly the end of the world.
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CLOWNSHOES
Posts: 173
Joined: Sun Dec 28, 2014 8:04 pm

Emmson wrote:Thank heavens the betfair community is not a microcosm of britain what a *terrifying* place that would be. Off now to cast my vote with happiness in my heart ***Bremain***

Should have bremained quiet


BUM BUM TSSSSSH
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CLOWNSHOES
Posts: 173
Joined: Sun Dec 28, 2014 8:04 pm

Here's a graph from immediately after the drift. With hidsight it obviously represented huge value but at the time Farage was going around conceding defeat.
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hgodden
Posts: 1759
Joined: Thu Apr 16, 2009 2:13 pm

So in no particular order..... the pound has fallen, shares have dived, billions wiped off people's pension funds, millions of expats (and natives) face an uncertain future, Scotland has practically called a referendum and is likely to leave the UK, the Northern Irish repulicans are asking for the same which risks a return to war and terrorism, Spain is demanding Gibralter back, Calais is preparing to dismantle the jungle with the prospect of no UK border guards to stop the refugees all coming over here at once (perhaps this was what BJ was referring to when he said Independance Day), the country has no prime minister and soon will have no opposition leader.

And it's only just lunchtime!

Hows everyone else's morning been?
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