I have been closely following the Fench Presidentail polls over the past 4 weeks. The changes can be clearly seen on the following graph (from one of the major polling organisations).
http://2007.tns-sofres.com/evolution-intentions.php
This reslts of this poll have been confirmed by the another major polling organisations.
http://www.csa-fr.com/fusioncharts/presi2007/presi2007.html
I believe that the bookies have seriously misjudged this market. Momemtum is a key element in politics and I am confident that Bayrou can attact enough votes from both the left (Royale) and right (Sarkozy) to make the top 2 - he is nearly there now! I then believe by nature of being the centre candidate he is highly likely to win the final 2 'man' runoff - there is no great liking for either Sarkozy or Royale.
N.B. William Hill have temporarily taken down this market, however I expect it to reappear (not sure what price he will then be). Bayrou is availible at 4-1 at expekt.com - this is still at great price! (He is shorter on Betfair).
3 comments:
Hi Chris,
Really enjoy your blog - providing a different perspective on markets that rarely get much focus. I guess your success and following will soon see the prices in some of these markets will disappear.
Keep up the good work.
Best Regards,
Duncan
20pts!! do me favour - max £40
£2 a pt???
My staking plan is £25 a point (so it is a farly big bet for me!). My bet was at William Hill who take substantially bigger bets than most bookmakers.
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