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The Scottish IndyRef totally dominates current political betting activity with virtually no interest in the May 22 Euros

April 17th, 2014

Do punters think that May 22 is not very important?

One of the great things about the Betfair exchange is the amount of data that’s available on each of its markets.

The chart above is of the total amount of matched bets in £ on the current live UK election markets. As can be seen both the GE 2015 markets, which have been up for nearly four years, attract a lot of interest but not on the scale of the September 18th referendum in Scotland when the nation’s future will be decided.

If the Indy Ref polling continues to get closer I can see the total amounts bet jumping into the millions making it, by far, the biggest political betting event outside the general election and the White House race.

This really does suggest that the people of Scotland, where I am at the moment, are taking a huge interest in September’s vote. Their future is at stake.

    What I find really surprising is the comparative lack of interest in the May 22nd Euro elections. Given that there’s a possibility that the purples could come out on top I’d have expected to see much more betting interest.

There are, of course, many other places to bet but we don’t get information like that published and constantly updated by Betfair. Inthe past these numbers have proved to be a good pointer to overall betting interest.

DATES FOR YOUR DIARY. The next Dirty Dicks (opposite Liverpool Street station in London) gathering will be at 6.30pm on Friday May 2. An event for Yorkshire and the north is planned for Ilkley on Monday July 7th

Mike Smithson

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