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Betting market update

Posted on 11/8/16 at 4:27 pm
Posted by ChemE in the OP
The Flats
Member since Apr 2011
6382 posts
Posted on 11/8/16 at 4:27 pm
.@HillaryClinton now up to -750 to win the presidency, her best odds that we've ever tracked. (Bookmaker)
#ElectionDay 

For the non-betting crowd: -750 odds translates to an 88.24% implied probability
#ElectionDay 

Via SportsInsights
Posted by Strannix
District 11
Member since Dec 2012
48948 posts
Posted on 11/8/16 at 4:27 pm to
which means they want money on Trump
Posted by Macintosh504
Leveraging Salaries University
Member since Sep 2011
52620 posts
Posted on 11/8/16 at 4:28 pm to
It's over
Posted by Hugo Stiglitz
Member since Oct 2010
72937 posts
Posted on 11/8/16 at 4:28 pm to
Posted by JuiceTerry
Roond the Scheme
Member since Apr 2013
40868 posts
Posted on 11/8/16 at 4:28 pm to
Wrong
Posted by Broken Ear Glen
Baton Roog
Member since Mar 2010
1320 posts
Posted on 11/8/16 at 4:28 pm to
Yeah the hillary money they're taking on right now has got to be tremendous. They're hiking up that price to try and get some back on a trump loss. Hate to say it.
Posted by TravelingTiger55
Tiger Stadium
Member since Jul 2007
1342 posts
Posted on 11/8/16 at 4:33 pm to
As a super degenerate, this is akin to in game betting line where books can take advantage of people thinking it's over (aka overreaction to one team scoring etc). Take it for it's worth, but this means nothing
Posted by ChemE in the OP
The Flats
Member since Apr 2011
6382 posts
Posted on 11/8/16 at 4:34 pm to
Oh, it certainly means something.
Posted by TravelingTiger55
Tiger Stadium
Member since Jul 2007
1342 posts
Posted on 11/8/16 at 4:35 pm to
I guess you should bet and take the easy money then
Posted by ChemE in the OP
The Flats
Member since Apr 2011
6382 posts
Posted on 11/8/16 at 4:37 pm to
I bet HRC -280, -325, -425 over the last few months. In a great position.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 11/8/16 at 4:38 pm to
quote:

which means they want money on Trump
Posted by Uncs
Member since Aug 2008
3080 posts
Posted on 11/8/16 at 4:41 pm to
Betting market doesn't mean anything. The book makers are just trying to move the number to get an even number of people on both sides and make money on the juice as they always do.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 11/8/16 at 4:41 pm to
quote:

The book makers are just trying to move the number to get an even number of people on both sides and make money on the juice as they always do.
Posted by Broken Ear Glen
Baton Roog
Member since Mar 2010
1320 posts
Posted on 11/8/16 at 4:41 pm to
quote:

but this means nothing


If by nothing you mean something, then yes, nothing.
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 11/8/16 at 4:42 pm to
Well +600 has my arse puckered
Posted by dallastiger55
Jennings, LA
Member since Jan 2010
27750 posts
Posted on 11/8/16 at 4:42 pm to
i dont believe it because everyone on the political board says Trump has this in the bag

plus, casinos and bookies hand out money all the time right?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80781 posts
Posted on 11/8/16 at 4:42 pm to
Hillary now -900
Posted by rbWarEagle
Member since Nov 2009
49999 posts
Posted on 11/8/16 at 4:42 pm to
Downvoted for posting facts. Sorry OP, Trump cheerleading only today.
Posted by TravelingTiger55
Tiger Stadium
Member since Jul 2007
1342 posts
Posted on 11/8/16 at 4:43 pm to
A super inflated line will not get them any money on trump cause the few that do will bet smaller with a big payout but if they can get a few to jump at the sure thing -700whatever for decent to big amounts to win next to nothing. Well you know
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5416 posts
Posted on 11/8/16 at 4:43 pm to
It's now +600 Trump/-900 Clinton on 5dimes
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