Donald Trump

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Comments

  • TheBigBean
    TheBigBean Posts: 21,916

    Polling numbers are collapsing for Trump.

    It's not quite a done deal according to the betting markets. This is the implied probability of Biden winning.


  • rick_chasey
    rick_chasey Posts: 75,661
    How deep is the market?
  • TheBigBean
    TheBigBean Posts: 21,916

    How deep is the market?

    £44m out of £112m is on Biden.

    FWIW I don't find betting markets to be useful predictors of politics, but nonetheless it is interesting that a lot of people still think Trump has a chance.
  • rick_chasey
    rick_chasey Posts: 75,661

    How deep is the market?

    £44m out of £112m is on Biden.

    FWIW I don't find betting markets to be useful predictors of politics, but nonetheless it is interesting that a lot of people still think Trump has a chance.
    mmm I wouldn't put a lot of stock (pun not intended) in a market that thin.

    I usually refer to the fivethirtyeight model which aggregates polls in a relatively sophisticated way and spits out probabilities.
  • rick_chasey
    rick_chasey Posts: 75,661
    Suspect the S&P options market would be a better indicator, but a little far out for that.
  • elbowloh
    elbowloh Posts: 7,078
    I literally have no idea what you guys are talking about now.
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  • The markets got Brexit massively wrong.

    I think there are way more shy Trump voters than the polls are showing although not enough for Biden to lose.
  • elbowloh said:

    I literally have no idea what you guys are talking about now.

    many people think that the betting exchanges are better than opinion polls because you have to pay to have an opinion. The more money that is wagered the more likely it is to be correct.

    trump is at 2/1 which is long odds in a two horse race but implies he still has a chance

    interestingly pence is at 160/1 which would seem to be worth a couple of quid
  • pblakeney
    pblakeney Posts: 27,329

    elbowloh said:

    I literally have no idea what you guys are talking about now.

    many people think that the betting exchanges are better than opinion polls because you have to pay to have an opinion. The more money that is wagered the more likely it is to be correct.

    trump is at 2/1 which is long odds in a two horse race but implies he still has a chance

    interestingly pence is at 160/1 which would seem to be worth a couple of quid
    Does VP count as 3rd in an each way bet?
    just kidding. 😉
    The above may be fact, or fiction, I may be serious, I may be jesting.
    I am not sure. You have no chance.
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    PB is the most sensible person on here.
  • Well he's not coughing, and he's not gasping for breath in this seemingly endless interview.

  • rick_chasey
    rick_chasey Posts: 75,661

    elbowloh said:

    I literally have no idea what you guys are talking about now.

    many people think that the betting exchanges are better than opinion polls because you have to pay to have an opinion. The more money that is wagered the more likely it is to be correct.

    trump is at 2/1 which is long odds in a two horse race but implies he still has a chance

    interestingly pence is at 160/1 which would seem to be worth a couple of quid
    At that market depth it's trivial money for people who don't give a sh!t either way if they make or lose.

    Poll aggregators with sensible parameters make a lot more sense, especially if they're back-tested etc.
  • rick_chasey
    rick_chasey Posts: 75,661

    How deep is the market?

    £44m out of £112m is on Biden.

    FWIW I don't find betting markets to be useful predictors of politics, but nonetheless it is interesting that a lot of people still think Trump has a chance.
    People think Trump has a change because most polls put Hilary at around 3 in 4 to 4 in 5 chance of winning ( I think FiveThirtyEight had Trump down at 1/3 chance of winning), so they therefore don't want to be played out again like they were with Hilary.

    Polls are *way worse* for Trump this time around and heading in the wrong direction. I think if the election was held today there's something like a 90% chance Biden wins.
  • Bear in mind that the polls were pretty good on the popular vote even last time. If he loses by 8 points+, the electoral college can't save him.
  • TheBigBean
    TheBigBean Posts: 21,916

    elbowloh said:

    I literally have no idea what you guys are talking about now.

    many people think that the betting exchanges are better than opinion polls because you have to pay to have an opinion. The more money that is wagered the more likely it is to be correct.

    trump is at 2/1 which is long odds in a two horse race but implies he still has a chance

    interestingly pence is at 160/1 which would seem to be worth a couple of quid
    At that market depth it's trivial money for people who don't give a sh!t either way if they make or lose.

    Poll aggregators with sensible parameters make a lot more sense, especially if they're back-tested etc.
    That's a deep betting market.
  • rick_chasey
    rick_chasey Posts: 75,661

    elbowloh said:

    I literally have no idea what you guys are talking about now.

    many people think that the betting exchanges are better than opinion polls because you have to pay to have an opinion. The more money that is wagered the more likely it is to be correct.

    trump is at 2/1 which is long odds in a two horse race but implies he still has a chance

    interestingly pence is at 160/1 which would seem to be worth a couple of quid
    At that market depth it's trivial money for people who don't give a sh!t either way if they make or lose.

    Poll aggregators with sensible parameters make a lot more sense, especially if they're back-tested etc.
    That's a deep betting market.
    Eh? Come on. You see comparable volumes each Sunday just for the prem.
  • rick_chasey
    rick_chasey Posts: 75,661
    edited October 2020

    elbowloh said:

    I literally have no idea what you guys are talking about now.

    many people think that the betting exchanges are better than opinion polls because you have to pay to have an opinion. The more money that is wagered the more likely it is to be correct.

    trump is at 2/1 which is long odds in a two horse race but implies he still has a chance

    interestingly pence is at 160/1 which would seem to be worth a couple of quid
    At that market depth it's trivial money for people who don't give a sh!t either way if they make or lose.

    Poll aggregators with sensible parameters make a lot more sense, especially if they're back-tested etc.
    That's a deep betting market.
    If you want a deeper market you'd look at the ETF F&O markets on the S&P and push out the duration (delta I think this is, but i'm at the limits here) to just after polls close and see what the positions look like there.

  • TheBigBean
    TheBigBean Posts: 21,916

    elbowloh said:

    I literally have no idea what you guys are talking about now.

    many people think that the betting exchanges are better than opinion polls because you have to pay to have an opinion. The more money that is wagered the more likely it is to be correct.

    trump is at 2/1 which is long odds in a two horse race but implies he still has a chance

    interestingly pence is at 160/1 which would seem to be worth a couple of quid
    At that market depth it's trivial money for people who don't give a sh!t either way if they make or lose.

    Poll aggregators with sensible parameters make a lot more sense, especially if they're back-tested etc.
    That's a deep betting market.
    Eh? Come on. You see comparable volumes each Sunday just for the prem.
    The biggest market ever on Betfair was the 2016 US election that matched £200m. This one has a way to run, but at £100m+ it is a big market.

    Of course, the financial markets are bigger, no one would claim otherwise,


  • rick_chasey
    rick_chasey Posts: 75,661

    elbowloh said:

    I literally have no idea what you guys are talking about now.

    many people think that the betting exchanges are better than opinion polls because you have to pay to have an opinion. The more money that is wagered the more likely it is to be correct.

    trump is at 2/1 which is long odds in a two horse race but implies he still has a chance

    interestingly pence is at 160/1 which would seem to be worth a couple of quid
    At that market depth it's trivial money for people who don't give a sh!t either way if they make or lose.

    Poll aggregators with sensible parameters make a lot more sense, especially if they're back-tested etc.
    That's a deep betting market.
    Eh? Come on. You see comparable volumes each Sunday just for the prem.
    The biggest market ever on Betfair was the 2016 US election that matched £200m. This one has a way to run, but at £100m+ it is a big market.

    Of course, the financial markets are bigger, no one would claim otherwise,


    ( I meant combined matches, but sure, take your point. It's just no-one's really sticking their neck on the line in a retail bet...)
  • TheBigBean
    TheBigBean Posts: 21,916

    elbowloh said:

    I literally have no idea what you guys are talking about now.

    many people think that the betting exchanges are better than opinion polls because you have to pay to have an opinion. The more money that is wagered the more likely it is to be correct.

    trump is at 2/1 which is long odds in a two horse race but implies he still has a chance

    interestingly pence is at 160/1 which would seem to be worth a couple of quid
    At that market depth it's trivial money for people who don't give a sh!t either way if they make or lose.

    Poll aggregators with sensible parameters make a lot more sense, especially if they're back-tested etc.
    That's a deep betting market.
    Eh? Come on. You see comparable volumes each Sunday just for the prem.
    The biggest market ever on Betfair was the 2016 US election that matched £200m. This one has a way to run, but at £100m+ it is a big market.

    Of course, the financial markets are bigger, no one would claim otherwise,


    ( I meant combined matches, but sure, take your point. It's just no-one's really sticking their neck on the line in a retail bet...)
    They aren't usually with financial bets either. It's usually someone else's money they are playing with.
  • pangolin
    pangolin Posts: 6,648
    Comical quote in that article (which feels like a bit of wishful thinking - they'd need Pence on board)

    'I'm a perfect physical specimen and I'm extremely young. And so I'm lucky that way,' said the president, who at 74 and overweight is in the high risk category for COVID.

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  • First.Aspect
    First.Aspect Posts: 17,167
    That would be a bad move from the democrats.
  • rjsterry
    rjsterry Posts: 29,555
    He does love playing that imaginary accordion.
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  • briantrumpet
    briantrumpet Posts: 20,361
    rjsterry said:

    He does love playing that imaginary accordion.


    I can't bear to hear him talk normally, but stick an accordion in his hands, and it's fine...

    https://youtu.be/WcILZsJ2SRc
  • thistle_
    thistle_ Posts: 7,218
    Maybe it's a ploy to get him to stop the drugs so he can't be seen as incapacitated, and get him sent back to hospital.
  • Pross
    Pross Posts: 43,463
    Doesn't action that looks to be trying to force him out play into his hands and his claims of conspiracy? It could backfire.
  • Pross said:

    Doesn't action that looks to be trying to force him out play into his hands and his claims of conspiracy? It could backfire.

    Can't be done without the agreement of the vice president, so as long as she makes that absolutely clear, it's just drawing more attention to his craziness. And on a practical level providing a way to actually remove him if his condition goes backwards again. He's not signing over control ever.