There’s been no Glasgow games boost yet for IndyRef YES on Betfair – now rated by punters as a 14.2% chanceJuly 30th, 2014
— Mike Smithson (@MSmithsonPB) July 30, 2014
But betting interest remains strong with nearly £1.1m traded
The pre-Commonwealth games expectations that the Glasgow events would provide a boost for independence campaigners has yet to be materialised if Betfair punters are anything to go by. Even though Scottish athletes are having their best games ever punters appear unmoved.
The last trade on Yes as I write was at 7 which equates to a 14.2% chance – not far off it’s bottom. In fact just £108 of the £1,070,000 matched on Betfair has been at prices longer than that,
What we haven’t seen is any polling that’s been carried out since the start of the games a week ago. If that provides some positive news for YES then we could see prices turn.
A feature of the YES campaign that resonates badly is that every development is presented by them as good news. Their messaging would have a lot more credibility if they acknowledged set backs when they happen.