
The referendum that is scottish Bookies were predicting an 80 percent potential for a ‘no’ vote, whilst the polls were contradictory and inaccurate.
Did bookies understand the results of this Scottish referendum in advance, while polls were way off the mark? It sure looks that way.
Scotland has voted to stay in the UK, with 55.3 per cent of voters deciding against dissolving the union that is 300-year of and going it alone. Many were surprised that the margin between winning and losing votes was since wide as 10 %; lots of polls had predicted that the result was too close to call and that the ‘Yes’ and ‘No’ campaigns were split straight down the middle.
The fact remains, polls were throughout the accepted place: contradictory and fluctuating wildly. They ranged from a six-point lead for the ‘yes’ vote to a seven point lead for the ‘no’ vote within the weeks leading up to your referendum. And they considerably underestimated the margin of the ‘No’ victory although they were correctly predicting a ‘no’ vote on the eve of the big day.
Margins of Error
Maybe Not the bookies, though. It was had by them all figured down ages ago. Whilst the pollsters’ predictions had been see-sawing, online activities gambling outfit Betfair had already decided to spend bettors who had their cash on a’no’ vote several times ahead of the referendum even occurred. And while there was a whiff of a PR stunt about this announcement, it was made from t Continue reading →
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