This is the chance of Silvio Berlusconi being the next prime minister of Italy, according to betfair.de (09:58 Fri.) The y-axis shows the implied probability of him winning the election this weekend, the x-axis shows the betting trend over the last weeks. You can get odds of 5.7 on Berlusconi, so for an outlay of 10 Euros you would claim 57 Euros if he wins, which would be a profit of 47 Euros. I spoke to my "Italian connection" in the pub last night, and he said that although he wanted Berlusconi out, he wouldn't be voting because of the difficulties posed by Italian beaurocracy. From this straw poll of one person, I say back Berlusconi. He seems like the kind of guy who gets the ballot boxes filled, one way or the other.
Friday, April 07, 2006
Bet of the week
This is the chance of Silvio Berlusconi being the next prime minister of Italy, according to betfair.de (09:58 Fri.) The y-axis shows the implied probability of him winning the election this weekend, the x-axis shows the betting trend over the last weeks. You can get odds of 5.7 on Berlusconi, so for an outlay of 10 Euros you would claim 57 Euros if he wins, which would be a profit of 47 Euros. I spoke to my "Italian connection" in the pub last night, and he said that although he wanted Berlusconi out, he wouldn't be voting because of the difficulties posed by Italian beaurocracy. From this straw poll of one person, I say back Berlusconi. He seems like the kind of guy who gets the ballot boxes filled, one way or the other.
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