Is PaddyPower’s 4/1 a good value bet?

This PaddyPower market on the next scandal to hit one of the presidential contenders has been around for some time but we have not focused on it before. Although quite fun I don’t like this sort of wager because of the lack of definition in working out what will trigger settlement.

But looking at the list we do know of one thing that will be happening very soon – the release of the Clinton tax returns – something that’s become more of an issue following Obama’s move yesterday to make public all his tax records going back to 2000.

Could fine scrutiny of the document by the media produce a “tax irregularity” scandal that would cause Paddy Power to pay out? That’s hard to judge but it might be worth a small punt.

Mike Smithson