Quote:
Originally Posted by Guest
I have posted this link numerous times. click here
They used to be called bookies. Bookies don't share their insight. The people who bet believe in their horse, team, golfer or candidate so much they put up their money.
Everybody knows that if you around my age. |
Granted!
What I am presenting is, no matter what one believes or what the odds makers say or what the bookies say all that is important at the end of the day is how many of what they believed or forecasted or booked or bet actaully won.
Statistically it is no different than any other gamble. And the favorites do not prevail or there would be many, many people getting rich placing bets, which there are not.
My position is the elections odds makers and prognosticators or whatever anybody wants to call them have no more insight than those who were predicting Clinton to win MI by double digits. And they all tore up their bets and went home when she lost by double digits.
Political odds making is like measuring passing clouds!!!