Where to go for best odds on US election?

Where to go for best odds on US election?

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Discussion

Penelope Stopit

11,209 posts

109 months

Sunday 1st November 2020
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Partyvan said:
Penelope Stopit said:
Youv'e lost me there

I'm a gambler

Biden is on the drift isn't he ? Biden odds to win are better odds than when you backed him

There is no cash out on Biden

How did you cash out on a drifter ?

If Biden odds had tightened you could have cashed out on him

Surely you're left holding the baby unless you backed Trump

I must be missing something
I initially thought Biden was almost sure to win so I put £1k down

The most recent polls show the gap is closing to the point where I believe (not the bookies) that Trump has a good chance of winning. The bookies odds hadn't changed AFAIK, so I cashed out.

No point gambling £1k on a £600 return, on something I don't think is a dead cert!
Ok then

blackrabbit

939 posts

45 months

Sunday 1st November 2020
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NMNeil said:
I want Trump to win, but at the same time dread him winning.
Now that a certain percentage of Americans have found that they can riot and loot with impunity; if/when Trump wins no store will be safe.
I think if Trump wins big we will see renewed support for the police and these riots will be shutdown quickly by national guard if possible. If Democrats win it will be interesting. Biden can't let them go on but may be pressured by the progressives to do very little or nothing. BLM riots began under Obama in Fergurson in 2014 (way before Trump on scene) so no reason why it will stop whoever is elected. Democrats made big mistake supporting BLM and turning the Floyd killing into a race issue.

NMNeil

5,860 posts

50 months

Monday 2nd November 2020
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blackrabbit said:
I think if Trump wins big we will see renewed support for the police and these riots will be shutdown quickly by national guard if possible. If Democrats win it will be interesting. Biden can't let them go on but may be pressured by the progressives to do very little or nothing. BLM riots began under Obama in Fergurson in 2014 (way before Trump on scene) so no reason why it will stop whoever is elected. Democrats made big mistake supporting BLM and turning the Floyd killing into a race issue.
But he will have to somehow overcome the greatest threat to democracy and the rule of law; the ACLU, who will have Trump in court on possibly a daily basis.


BlackLabel

13,251 posts

123 months

Tuesday 3rd November 2020
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The latest odds:


BlackLabel

13,251 posts

123 months

Tuesday 3rd November 2020
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Anyone on here? smile

“Someone in the UK just put down a million-pound bet on Joe Biden“

https://edition.cnn.com/2020/11/02/business/us-pre...

g4ry13

16,994 posts

255 months

Tuesday 3rd November 2020
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The market has crushed the last Betfair record which was set last election at just under £200M matched.

g4ry13

16,994 posts

255 months

Wednesday 4th November 2020
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Trump odds falling pretty fast.

He was 2/1 a few hours ago and now 6/4.

BlackLabel

13,251 posts

123 months

Wednesday 4th November 2020
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And it’s continuing to fall. Meanwhile that’s almost £350m now matched on the main election winner market.

Drezza

1,420 posts

54 months

Wednesday 4th November 2020
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My £10 bet for Trump now has a cash out of £11.50... Fingers crossed I'll wake up a rich man.

g4ry13

16,994 posts

255 months

Wednesday 4th November 2020
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BlackLabel said:
And it’s continuing to fall. Meanwhile that’s almost £350m now matched on the main election winner market.
Basically evens now for both.

deeps

5,393 posts

241 months

Wednesday 4th November 2020
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Haven't been around for a while so just seen this thread. Betfair Exchange is great but commission can get high if you succeed long term, I pay super premium charge at 40% of my winnings!

For a market like this, Betdaq Exchange is superb as they have zero comm on this market and some others. Downside is liquidity can be poor.

Current odds as I type: President Trump has shortened from 3.2 into 2.2, now drifting to 2.7.

Four years ago at this time in the counting, he drifted right out to 11.0 (10/1) then stormed back in, so great for trading.


g4ry13

16,994 posts

255 months

Wednesday 4th November 2020
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deeps said:
Haven't been around for a while so just seen this thread. Betfair Exchange is great but commission can get high if you succeed long term, I pay super premium charge at 40% of my winnings!

For a market like this, Betdaq Exchange is superb as they have zero comm on this market and some others. Downside is liquidity can be poor.

Current odds as I type: President Trump has shortened from 3.2 into 2.2, now drifting to 2.7.

Four years ago at this time in the counting, he drifted right out to 11.0 (10/1) then stormed back in, so great for trading.
You obviously use some trading software for execution rather than the client I presume? eg. A Geek's Toy.

I don't bet much on Betfair (or win often) but can't you lose on purpose (laying off elsewhere) to reduce the commission you pay?

deeps

5,393 posts

241 months

Wednesday 4th November 2020
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g4ry13 said:
You obviously use some trading software for execution rather than the client I presume? eg. A Geek's Toy.

I don't bet much on Betfair (or win often) but can't you lose on purpose (laying off elsewhere) to reduce the commission you pay?
Yes, forgot to say the website is bloody awful, such a shame as exchange betting is so much better and you don't get ripped off by bookies.

I use Gruss software for quick and simple navigation and quick placement of bets. I get involved in about 200-300 markets per day so using the website would be impossible. I wish Betfair could see that, it would be so much easier to attract new punters if the website was basically like the software, but they don't seem to care.

g4ry13

16,994 posts

255 months

Wednesday 4th November 2020
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deeps said:
g4ry13 said:
You obviously use some trading software for execution rather than the client I presume? eg. A Geek's Toy.

I don't bet much on Betfair (or win often) but can't you lose on purpose (laying off elsewhere) to reduce the commission you pay?
Yes, forgot to say the website is bloody awful, such a shame as exchange betting is so much better and you don't get ripped off by bookies.

I use Gruss software for quick and simple navigation and quick placement of bets. I get involved in about 200-300 markets per day so using the website would be impossible. I wish Betfair could see that, it would be so much easier to attract new punters if the website was basically like the software, but they don't seem to care.
You don't seriously pay 40% though? There are ways around it surely eg. a family member / partner could take an interest in Betfair.

Do you trade for a firm or self-backed if you don't mind saying.

deeps

5,393 posts

241 months

Wednesday 4th November 2020
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g4ry13 said:
You don't seriously pay 40% though? There are ways around it surely eg. a family member / partner could take an interest in Betfair.

Do you trade for a firm or self-backed if you don't mind saying.
I do pay 40%, remember many punters will eventually lose everything to comm, that's 100%, if they back and lay at the true price long term. So you need to have an edge that is greater than standard comm just to break level.

Betfair are very clever when it comes to comm avoidance, looking for anything that will connect accounts in any way including betting patterns.

I just take the hit and play fair and square. smile

ben_h100

1,546 posts

179 months

Wednesday 4th November 2020
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Not sure how many PHers are still up, but Trump now a definite favourite on a number of bookmakers sites. In fact the odds have completely flipped between Trump and Biden.

Wow.

g4ry13

16,994 posts

255 months

Wednesday 4th November 2020
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ben_h100 said:
Not sure how many PHers are still up, but Trump now a definite favourite on a number of bookmakers sites. In fact the odds have completely flipped between Trump and Biden.

Wow.
Still early days but it's a hell of a swing.

deeps

5,393 posts

241 months

Wednesday 4th November 2020
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ben_h100 said:
Not sure how many PHers are still up, but Trump now a definite favourite on a number of bookmakers sites. In fact the odds have completely flipped between Trump and Biden.

Wow.
Yes he's into 1.55 as I type, was into 1.4 five mniutes ago. The bookies tend to follow the prices on the Exchange as that's where the weight of money forms the market very fast.

If you backed at 3.2 earlier today, now is a good time to start laying off your liability, which I'm doing gradually to leave a win on President Trump or no loss.

ben_h100

1,546 posts

179 months

Wednesday 4th November 2020
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deeps said:
ben_h100 said:
Not sure how many PHers are still up, but Trump now a definite favourite on a number of bookmakers sites. In fact the odds have completely flipped between Trump and Biden.

Wow.
Yes he's into 1.55 as I type, was into 1.4 five mniutes ago. The bookies tend to follow the prices on the Exchange as that's where the weight of money forms the market very fast.

If you backed at 3.2 earlier today, now is a good time to start laying off your liability, which I'm doing gradually to leave a win on President Trump or no loss.
Excellent. I've done just that. A few hundred guaranteed profit no matter who wins..!

BlackLabel

13,251 posts

123 months

Wednesday 4th November 2020
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Biden just gone favourite again.