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    All Forums | Politics

    Now things come into focus for sharp political bets

    lordzud
    Inyourlife16
    zamigo6
    bigvern1013
    Participants:
    Search
    Views: 413
    Posts: 6
     
    lordzud
    lordzud
    Veteran
    Participation Meter
    Joined: Jun, 2010
    Posts: 2349
    Posted: Oct. 22, 2016 - 1:50 PM ET #1

    I don't care about anybodies political opinion. Opinions are like buttholes, everybody has one, they only cloud rational thinking about making value bets. 

    I enjoy sports gambling, but I know that it is really difficult to grow a bankroll because the lines are very very tight. This is not the case in political bets because the lines are not set by math geniuses in Las Vegas but by the marketplace. 

    We have a fascinating election in this country and thanks to on line books many have an opportunity to bet on the election. Here are my thoughts, you are welcome to disagree with me. I have profited in the past making large wagers on favorites close to the election when I perceive value. I have been studying the polls for both the presidential election and the congress and this year has been very out of the ordinary to say the least. Here are some of the oddities in this election cycle.

    1) The October surprise. 

    Never has there been such a large movement in the polls this close to an election. Multiple factors are involved, wikileaks, the debates, but one single event stands out above the rest. The now infamous "grab them by the kitty tape." Say what you want about Trump but the man has a real talent to make a large section of the country not just vote for him but to appoint him their voice, their leader. Before the box tape and right about the time of the first debate Hillary's lead had dwindled down to be within the margin of error. She had a slim lead of approximately 2% and the momentum was in Trump's favor. Now just three weeks later the presidential race is all but over.

    2) Huge gender gap between presidential candidates.

    Trump leads Hillary among men by 11%, Hillary leads Trump among women by 33%.

    3) Polls can't predict who will disgustedly not vote at all.

    4) Polls are individually variable, the best predictor is the average of a large number of them. Which means since their aren't many of them they have to be averaged going back weeks in time.

    Which means if there has been recent change the polls don't pick it up accurately because they average in out of date polls.


    It is presently October 22nd, the election is a little more than two weeks away. As of now the odds at 5dimes has the following selections.

    Hillary wins election-620

    Democratic nominee wins over 369.5 electoral votes +235.

    Republicans no longer senate majority -215.


    My recommendations. 
    Hillary will win, over 90% chance. Value in Hillary -620 bet. You almost can't lose and you are making 15% on your money.

    No play on Hillary winning 369.5 electoral votes AT THIS TIME. If the polls get closer in the states of Georgia or Texas I will slam this bet. They very well might.

    Republicans will likely have less than 51 senate seats. Not much value in a -215 bet, the odds seem about right to me.


    Two weeks to go, odds will change, value will change. Which means my opinions will change. 

    I don't give rats patooty what your opinion is of either Trump or Hillary is , talk betting value only please.
    Reply
    To remove first post, remove entire topic.
    I don't care about anybodies political opinion. Opinions are like buttholes, everybody has one, they only cloud rational thinking about making value bets. 

    I enjoy sports gambling, but I know that it is really difficult to grow a bankroll because the lines are very very tight. This is not the case in political bets because the lines are not set by math geniuses in Las Vegas but by the marketplace. 

    We have a fascinating election in this country and thanks to on line books many have an opportunity to bet on the election. Here are my thoughts, you are welcome to disagree with me. I have profited in the past making large wagers on favorites close to the election when I perceive value. I have been studying the polls for both the presidential election and the congress and this year has been very out of the ordinary to say the least. Here are some of the oddities in this election cycle.

    1) The October surprise. 

    Never has there been such a large movement in the polls this close to an election. Multiple factors are involved, wikileaks, the debates, but one single event stands out above the rest. The now infamous "grab them by the kitty tape." Say what you want about Trump but the man has a real talent to make a large section of the country not just vote for him but to appoint him their voice, their leader. Before the box tape and right about the time of the first debate Hillary's lead had dwindled down to be within the margin of error. She had a slim lead of approximately 2% and the momentum was in Trump's favor. Now just three weeks later the presidential race is all but over.

    2) Huge gender gap between presidential candidates.

    Trump leads Hillary among men by 11%, Hillary leads Trump among women by 33%.

    3) Polls can't predict who will disgustedly not vote at all.

    4) Polls are individually variable, the best predictor is the average of a large number of them. Which means since their aren't many of them they have to be averaged going back weeks in time.

    Which means if there has been recent change the polls don't pick it up accurately because they average in out of date polls.


    It is presently October 22nd, the election is a little more than two weeks away. As of now the odds at 5dimes has the following selections.

    Hillary wins election-620

    Democratic nominee wins over 369.5 electoral votes +235.

    Republicans no longer senate majority -215.


    My recommendations. 
    Hillary will win, over 90% chance. Value in Hillary -620 bet. You almost can't lose and you are making 15% on your money.

    No play on Hillary winning 369.5 electoral votes AT THIS TIME. If the polls get closer in the states of Georgia or Texas I will slam this bet. They very well might.

    Republicans will likely have less than 51 senate seats. Not much value in a -215 bet, the odds seem about right to me.


    Two weeks to go, odds will change, value will change. Which means my opinions will change. 

    I don't give rats patooty what your opinion is of either Trump or Hillary is , talk betting value only please.
     
    Inyourlife16
    Inyourlife16
    Rookie
    Participation Meter
    Joined: Jul, 2016
    Posts: 610
    Posted: Oct. 22, 2016 - 2:23 PM ET #2

    Quote Originally Posted by lordzud:

    I don't care about anybodies political opinion. Opinions are like buttholes, everybody has one, they only cloud rational thinking about making value bets. 

    I enjoy sports gambling, but I know that it is really difficult to grow a bankroll because the lines are very very tight. This is not the case in political bets because the lines are not set by math geniuses in Las Vegas but by the marketplace. 

    We have a fascinating election in this country and thanks to on line books many have an opportunity to bet on the election. Here are my thoughts, you are welcome to disagree with me. I have profited in the past making large wagers on favorites close to the election when I perceive value. I have been studying the polls for both the presidential election and the congress and this year has been very out of the ordinary to say the least. Here are some of the oddities in this election cycle.

    1) The October surprise. 

    Never has there been such a large movement in the polls this close to an election. Multiple factors are involved, wikileaks, the debates, but one single event stands out above the rest. The now infamous "grab them by the kitty tape." Say what you want about Trump but the man has a real talent to make a large section of the country not just vote for him but to appoint him their voice, their leader. Before the box tape and right about the time of the first debate Hillary's lead had dwindled down to be within the margin of error. She had a slim lead of approximately 2% and the momentum was in Trump's favor. Now just three weeks later the presidential race is all but over.

    2) Huge gender gap between presidential candidates.

    Trump leads Hillary among men by 11%, Hillary leads Trump among women by 33%.

    3) Polls can't predict who will disgustedly not vote at all.

    4) Polls are individually variable, the best predictor is the average of a large number of them. Which means since their aren't many of them they have to be averaged going back weeks in time.

    Which means if there has been recent change the polls don't pick it up accurately because they average in out of date polls.


    It is presently October 22nd, the election is a little more than two weeks away. As of now the odds at 5dimes has the following selections.

    Hillary wins election-620

    Democratic nominee wins over 369.5 electoral votes +235.

    Republicans no longer senate majority -215.


    My recommendations. 
    Hillary will win, over 90% chance. Value in Hillary -620 bet. You almost can't lose and you are making 15% on your money.

    No. Don't bet at -620. Play individual state races, play props etc. -620 is without value. Even is you are chasing down money on life support, -620 is not the way to do it. And while you note that you almost "can't lose"...........you can lose. Not likely but the risk doesn't even come close to approaching reward. If polls tighten and she gets down to -300 than a moneyline bet would be easier to swallow. Regardless, BOL Lord

    No play on Hillary winning 369.5 electoral votes AT THIS TIME. If the polls get closer in the states of Georgia or Texas I will slam this bet. They very well might.

    Republicans will likely have less than 51 senate seats. Not much value in a -215 bet, the odds seem about right to me.


    Two weeks to go, odds will change, value will change. Which means my opinions will change. 

    I don't give rats patooty what your opinion is of either Trump or Hillary is , talk betting value only please.
    Reply
    Quote Originally Posted by lordzud:

    I don't care about anybodies political opinion. Opinions are like buttholes, everybody has one, they only cloud rational thinking about making value bets. 

    I enjoy sports gambling, but I know that it is really difficult to grow a bankroll because the lines are very very tight. This is not the case in political bets because the lines are not set by math geniuses in Las Vegas but by the marketplace. 

    We have a fascinating election in this country and thanks to on line books many have an opportunity to bet on the election. Here are my thoughts, you are welcome to disagree with me. I have profited in the past making large wagers on favorites close to the election when I perceive value. I have been studying the polls for both the presidential election and the congress and this year has been very out of the ordinary to say the least. Here are some of the oddities in this election cycle.

    1) The October surprise. 

    Never has there been such a large movement in the polls this close to an election. Multiple factors are involved, wikileaks, the debates, but one single event stands out above the rest. The now infamous "grab them by the kitty tape." Say what you want about Trump but the man has a real talent to make a large section of the country not just vote for him but to appoint him their voice, their leader. Before the box tape and right about the time of the first debate Hillary's lead had dwindled down to be within the margin of error. She had a slim lead of approximately 2% and the momentum was in Trump's favor. Now just three weeks later the presidential race is all but over.

    2) Huge gender gap between presidential candidates.

    Trump leads Hillary among men by 11%, Hillary leads Trump among women by 33%.

    3) Polls can't predict who will disgustedly not vote at all.

    4) Polls are individually variable, the best predictor is the average of a large number of them. Which means since their aren't many of them they have to be averaged going back weeks in time.

    Which means if there has been recent change the polls don't pick it up accurately because they average in out of date polls.


    It is presently October 22nd, the election is a little more than two weeks away. As of now the odds at 5dimes has the following selections.

    Hillary wins election-620

    Democratic nominee wins over 369.5 electoral votes +235.

    Republicans no longer senate majority -215.


    My recommendations. 
    Hillary will win, over 90% chance. Value in Hillary -620 bet. You almost can't lose and you are making 15% on your money.

    No. Don't bet at -620. Play individual state races, play props etc. -620 is without value. Even is you are chasing down money on life support, -620 is not the way to do it. And while you note that you almost "can't lose"...........you can lose. Not likely but the risk doesn't even come close to approaching reward. If polls tighten and she gets down to -300 than a moneyline bet would be easier to swallow. Regardless, BOL Lord

    No play on Hillary winning 369.5 electoral votes AT THIS TIME. If the polls get closer in the states of Georgia or Texas I will slam this bet. They very well might.

    Republicans will likely have less than 51 senate seats. Not much value in a -215 bet, the odds seem about right to me.


    Two weeks to go, odds will change, value will change. Which means my opinions will change. 

    I don't give rats patooty what your opinion is of either Trump or Hillary is , talk betting value only please.
     
    lordzud
    lordzud
    Veteran
    Participation Meter
    Joined: Jun, 2010
    Posts: 2349
    Posted: Oct. 23, 2016 - 11:27 AM ET #3

    I can see why Inyourlife thinks the odds are too high at -620 to bet on Hillary. It certainly isn't my favorite political bet I have made so far. But i will stand by my argument that it is a bet that holds value. As per the blog 538 women are voting at a unheard of 2 to 1 ratio for Hillary. Trump cannot and will not overcome that. This election is over.

    Trump can't win. There is value is almost every election of betting on the heavy favorites near the election. Why? Because a misinformation campaign is always put out there by the losing candidate. Because there are bettors that vote from there beliefs instead of logic. You can bet on senate races is this category as well as Inyourlife has suggested and win those bets but I caution against betting on anything but heavy favorites close to the election.



     and get those greedy books

    Reply
    I can see why Inyourlife thinks the odds are too high at -620 to bet on Hillary. It certainly isn't my favorite political bet I have made so far. But i will stand by my argument that it is a bet that holds value. As per the blog 538 women are voting at a unheard of 2 to 1 ratio for Hillary. Trump cannot and will not overcome that. This election is over.

    Trump can't win. There is value is almost every election of betting on the heavy favorites near the election. Why? Because a misinformation campaign is always put out there by the losing candidate. Because there are bettors that vote from there beliefs instead of logic. You can bet on senate races is this category as well as Inyourlife has suggested and win those bets but I caution against betting on anything but heavy favorites close to the election.



     and get those greedy books

     
    zamigo6
    zamigo6
    All-Star
    Participation Meter
    Joined: Dec, 2010
    Posts: 13130
    Posted: Oct. 23, 2016 - 7:13 PM ET #4

    You kind of missed the boat here...I mean its a winning wager, but until recently you could have paid half the price and this election was decided before it began. Regardless enjoy your free money 
    Reply
    You kind of missed the boat here...I mean its a winning wager, but until recently you could have paid half the price and this election was decided before it began. Regardless enjoy your free money 
     
    Inyourlife16
    Inyourlife16
    Rookie
    Participation Meter
    Joined: Jul, 2016
    Posts: 610
    Posted: Oct. 24, 2016 - 12:43 AM ET #5

    I have the time. But I I'm curiously lacking the inclination to kick around the wisdom of buying in at -620. Value, like beauty, is in eye of the beholder. BOL
    Reply
    I have the time. But I I'm curiously lacking the inclination to kick around the wisdom of buying in at -620. Value, like beauty, is in eye of the beholder. BOL
     
     
    bigvern1013
    bigvern1013
    Veteran
    Participation Meter
    Joined: Oct, 2006
    Posts: 3051
    Posted: Oct. 24, 2016 - 11:43 AM ET #6

    Good discussion, and sound logic.

    However, I am taking a contrarian approach, with the idea that we have never seen an election like this one. Trump winning the nomination was an outlier, and I see the possibility that the result of the general election may be an outlier as well.

    The Obama/Romney wager was much more of a slam dunk than this one, even though the odds near voting day were much slighter. There are many parallels between this election and the Brexit vote.....now I get that in many ways we are comparing apples to oranges, but bookmakers were hanging anywhere from 8 to 10/1 against a "leave" vote on the morning of the election.


    Never Make A Winner A Loser. Never.
    Reply

    Good discussion, and sound logic.

    However, I am taking a contrarian approach, with the idea that we have never seen an election like this one. Trump winning the nomination was an outlier, and I see the possibility that the result of the general election may be an outlier as well.

    The Obama/Romney wager was much more of a slam dunk than this one, even though the odds near voting day were much slighter. There are many parallels between this election and the Brexit vote.....now I get that in many ways we are comparing apples to oranges, but bookmakers were hanging anywhere from 8 to 10/1 against a "leave" vote on the morning of the election.


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