Big winnings for those who acted fast
I hope that many PBC regulars had a profitable Thursday for in the fortnight before the election there were what proved to be some amazing betting bargains to be had – all of them reported by contributors on the site.
I do not know whether Sporting Odds made a profit on the local elections but I doubt it. My guess is that they’ve lost quite a lot because this showed the perils for bookmakers of moving into areas where real specialist knowledge is required.
Interestingly Sporting Odds now have the tightest Tory General Election price of 4/6 while Labour has moved out to 11/10. This must be the first time in a decade and a half when Labour has not been favourite to win most seats in the next General Election.
The great lesson from this is that if you see what you think is a good price – act straight away. Others will see the value as well.