Saturday markets update, 27th August 2005

Saturday markets update, 27th August 2005

New, moving and interesting markets this week In last week’s markets update, we commented that the fixed odds betting on the German general election predicted that Angela Merkel was almost certain to become Chancellor after the 18th September election (which has now been formally authorised by the Constitutional Court). This is still the case, with Merkel 1/16 to become Chancellor, and the CDU–CSU 1/33 to be the largest party in the Bundestag. However, Cantor Spreadfair has added interest by creating…

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Senator vs Senator in 2008?

Senator vs Senator in 2008?

The favourites on both sides are Washington insiders There was a time, 40 years ago, when a career in the US Senate seemed a prerequisite for the Presidency. In 1960, 1964, 1968 and 1972, both major party candidates were serving or former Senators. But Richard Nixon’s 1972 defeat of George McGovern (the candidates are pictured in a not-quite-full-colour “coffee cup poll”) was the last time this happened. Since then, no serving or former Senator has been elected as President, though…

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Labour’s fight for a third term…

Labour’s fight for a third term…

…in New Zealand In Saturday’s article we mentioned Centrebet’s market on the 17th September general election in New Zealand. Paradoxically inspired by Matthew Parris’s downgrading of the globetrotting political columnist… It’s about the Game. It’s about jousting. It’s about personality, performance, plots, ploys and counter-ploys. With sinking heart I realise that I and my ilk are really no more than sports commentators of a rarefied sport. Adjust your settings and you can play it anywhere. …let’s try to handicap the…

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Labour’s little looming local difficulties

Labour’s little looming local difficulties

Birmingham Council House Why Labour did too well in 2002 With the main electoral cycle over for the year, the next broad ballot box test for the parties will be May 2006’s English local elections in 176 urban and rural councils. Local elections are not a perfect test of the parties’ national standings – local issues of course play their role, and turnouts are typically low. But historically they have been an opportunity for a protest vote against the government…

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Are their eyes really on second prize?

Are their eyes really on second prize?

Is it the deputy leadership the only thing that Cabinet ministers are running for? Since the sad death of Robin Cook, it’s been widely said that Gordon Brown was planning to choose Cook as his deputy when he assumed the leadership of the Labour party. No slight is remotely intended to Robin Cook – a principled and extremely gifted politician – in pointing out that it’s unlikely this was a foregone conclusion. Though the Chancellor and the former Foreign Secretary…

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Olympic gaming

Olympic gaming

What will the British political landscape look like in July 2012? It’s easy for political gambling enthusiasts to get carried away and forget how tiny a market our hobby is compared to sports betting. For example, about £150,000 of betting on the Conservative leadership has gone through Betfair so far. That’s less than 5% of the trade on Sunday’s Chelsea–Arsenal game. However, William Hill seems to be aiming at some crossover marketing, with a selection of markets themed around the…

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Sunday press roundup, 21st August 2005

Sunday press roundup, 21st August 2005

Sunday’s stories sifted As usual for August, it’s a quiet weekend for political news, but a few pieces in today’s papers will interest political gamblers. The Conservative leadership has been a reliable source of interest since May, and continues to provide stories. The talk at the moment is of whether Kenneth Clarke and David Cameron can present a united front in a “dream ticket”. The Sunday Times reports that Lord Heseltine is backing a bid led by Clarke with Cameron…

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Saturday markets update, 20th August 2005

Saturday markets update, 20th August 2005

New, moving and interesting markets this week We haven’t seen too much dramatic action in the betting on British political events this week, so let’s take a weekend look further afield. Though when we mention Helen Clark on this site, we tend to be referring to the former MP for Peterborough, there is more betting interest in her antipodean namesake. New Zealand is less than a month from its general election, to be held on 17th September. Australian bookie Centrebet…

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