2020 US Elections | Biden certified as President | Dems control Congress

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Anyone who thinks that betting markets & financial market is just cluelessly gambling is absolutely clueless themselves. Trump started the day at 2.5 and has moved to 1.2 in 3 hours and that's because it's obvious that it is looking very very hard for Biden now

No-one thinks they are clueless but the fact they move around through the night is why you can't read into them too much. There's a danger of looking at that 1.2 as a fixed number and drawing conclusions about it that don't hold up just an hour later, and while they're an indicator of momentum, they're not a very steady one.
 
No-one thinks they are clueless but the fact they move around through the night is why you can't read into them too much. There's a danger of looking at that 1.2 as a fixed number and drawing conclusions about it that don't hold up just an hour later, and while they're an indicator of momentum, they're not a very steady one.


That's absolutely fine but some people were claiming that it's just mindless gambling which is not the case at all . They are using the available information to project what may happen , now that may or may not happen but it's still what the data available at that time projects is the most likely outcome
 
Thanks I feel like an idiot when it comes to betting odds. I appreciate that

No worries. The old joke goes something like:

Trump to admit he’s a bit of a knob and lies about everything is 100/1 (or 101. if doing decimal betting).

That means if you bet £10, you lose £10.

Drumroll, cymbal, curtains.
 
Wasn't expecting that from Arizona. Game on.

Don’t think that’s in Arizona.

Would put good money on being a tad fake. But, it’s probably in Ohio or Pennsylvania, so they could actually be real.
 
So that’s good, right? Biden is more likely to win?
No, but the odds shifted slightly in his favour, and will continue to move throughout the night in accordance to more results and news coming in, and betting patterns. Just goes to show how silly some people were when they freaked out earlier and said its over.
 
Arizona was red by 9% in 2012 and red by 3.5% in 2016.
It shifted towards blue, so it is not a surprise if it turns blue this election.
It is also not a surprise if a blue state turns red this election, if it was shifting towards red last time.
 
Are we not looking like we're approaching the nightmare scenario?

That Trump is slightly ahead on election night, and it will then come down to a couple of states counting mail-in ballots over the next couple of days. If that happens, and Biden then edges it, it's going to be carnage isn't it? :(
 
Is there somewhere a way to see which states are counting absentee ballots afterwards/last? Feels like that will play a massive role in many states.
 
No, but the odds shifted slightly in his favour, and will continue to move throughout the night in accordance to more results and news coming in, and betting patterns. Just goes to show how silly some people were when they freaked out earlier and said its over.

fecking Miami dade. Panic inducing.
 
Are we not looking like we're approaching the nightmare scenario?

That Trump is slightly ahead on election night, and it will then come down to a couple of states counting mail-in ballots over the next couple of days. If that happens, and Biden then edges it, it's going to be carnage isn't it? :(

He's actually behind at the moment because many of the swing states haven't been called yet.
 
Are we not looking like we're approaching the nightmare scenario?

That Trump is slightly ahead on election night, and it will then come down to a couple of states counting mail-in ballots over the next couple of days. If that happens, and Biden then edges it, it's going to be carnage isn't it? :(
Yeah but did we really expect anything else in 2020?
 
Checked the odds.. pretty even after Trump being clear favorites before AZ started reporting.

It really is a case of Trump clinging on now.. any slip up and Biden gets it.
 
Ergh.. so tired. Knew I shouldn’t have stayed up for the NFL last night too.. my 9:30am zoom call isn’t going to be fun..

Know I should go to bed but no idea of anything is going to happen.
 
No-one thinks they are clueless but the fact they move around through the night is why you can't read into them too much. There's a danger of looking at that 1.2 as a fixed number and drawing conclusions about it that don't hold up just an hour later, and while they're an indicator of momentum, they're not a very steady one.
There's some logic to this but movement is not a reason to disregard betting markets, in fact it's a better reason to accept them. They do overreact at times, but responding to new evidence is how any scientific models work. Some of these shifts can be large depending on that new information. The next movement is rarely predictable.
 
He's actually behind at the moment because many of the swing states haven't been called yet.
As in, once Florida comes in, if he wins NC and Georgia, and it comes down to the Rust Belt. Clearly a lot still to be determined there, but that seems a fairly realistic scenario for how we end the night.
 
Arizona was red by 9% in 2012 and red by 3.5% in 2016.
It shifted towards blue, so it is not a surprise if it turns blue this election.
It is also not a surprise if a blue state turns red this election, if it was shifting towards red last time.
Which blue state are you most concerned about flipping?
 
Are we not looking like we're approaching the nightmare scenario?

That Trump is slightly ahead on election night, and it will then come down to a couple of states counting mail-in ballots over the next couple of days. If that happens, and Biden then edges it, it's going to be carnage isn't it? :(
Yeah, not looking forward to that.
 
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