PB Balance of Money Index: CON Majority 32 seats
Why are gamblers lagging behind the polls? This evening “spreads” from the two main UK spread-betting firms suggest a Conservative majority of 32 seats at the general election. Their prices are based on how much is being wagered by gamblers who are buying and selling seats in the three main parties. The PB Index is a way of reflecting market opinion in one single number. It is worked out by looking at the “mid-points” – the difference between the BUY…