Friday, May 02, 2008

Lock in Boris Johnson Profits.


Those of you who follow my blog will know I backed Boris Johnson at 7/4 earlier this year. From the rumours (and other results last night) it appears highly likely that Boris Johnson will be the next Mayor of London. However, with a market like this, I prefer to lock in profits for an approx. 5-10% charge. Those of you who follow political betting with remember New Hampshire earlier this year when Obama lost at 1.01. Although Boris Johnson is liukley to win the 1st prefernces, I'm unsure how the 2nd preferences (from Padwick) will split, hence may caution. The time taken for the coiunt is also a concern (although this is probably just due to a high turnount).

3 comments:

Anonymous said...

Obama wins Pennsylvania!
Red Ken wins London!

You are SO wrong!

Now let me guesss....

You have Clinton wins North Carolina, and Obama wins Indiana?

HAHAHAHAHA!

Anonymous said...

Obama wins Pennsylvania!
Red Ken wins London!

You are SO wrong!

Now let me guesss....

You have Clinton wins North Carolina, and Obama wins Indiana?

HAHAHAHAHA!

christrinder said...

Er, I assume this is a joke post - I was locking in my profits backing Ken Livingstone at 20/1 (small bet) having backed Boris Johnson at 7/4 3 monthas ago (much larger bet). This meant I was guaranteed the same profit whatever the outocme.

The bet on Obama for Pennsylvania was probably not such a clever bet!

I assume that you are new to gambling ....