Paddy Power have opened a market on the number of live births in England and Wales in 2009. I've checked the historic stats on this from www.statistics.gov.uk and they are as follows:
Year Number of live births
1997 643,095
1998 635,901
1999 621,872
2000 604,441
2001 594,634
2002 596,122
2003 621,469
2004 639,721
2005 645,835
2006 669,601
2007 690,013
Paddy Power are quoting a price of 9/2 on there being > 700,000 births - I think this is excellent value. Births this year (2008) are likely to top the 700,00 mark and I therefore think > 700,000 in 2009 should be a heavy odds-on chance. I tried to have 20 pts (£500, my max. bet) at 9/2 but was restricted to 2 pts. I will expect to collect my winning in approx 2 years time...
1 comment:
Thanks Chris...I get on this bet less than an hour after you post it and it's already down to 7/2 !!!
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