Tag Archives: General Election

Scotland vote demonstrates the prediction power of betting markets

SBC News Scotland vote demonstrates the prediction power of betting markets

The Scottish referendum result marks the fifth time in a row that the Betfair Exchange has correctly predicted a significant political outcome as the NO vote confirmed what the Exchange had been pointing to for several months. Betfair had consistently called the NO vote as around an 80% chance to win, with the YES campaign around a 20%, despite opinion …

Read More »

Not a game of passing the buck but definitely more to play for – the Senet Group

SBC News Not a game of passing the buck but definitely more to play for – the Senet Group

Gambling Consultant Steve Donoughue takes a look at the attempt of bookmakers to replicate the alcohol industry’s Portman Group. Yesterday saw the launch of the Senet Group by the big 3 Bookmakers and Irish upstart Paddy Power. For those of you who missed it, which is odd because it got some good news coverage, the Senet Group will be an …

Read More »