Quote:
Originally Posted by HolidayInTheSun
i'm curious what people think the fair line should have been on november 2
also curious what people would say for a fair line right now, as we wait and see what happens with litigation and recounts
-300 or so. Not the -400 I thought at the time, but the polling error also wasn't guaranteed and Biden still wins with a couple states to spare
Fair line right now would be in the -20000 range maybe? It's over, even if fraud is found in one state or something which it won't be. Maybe even -30000? Something like that. The court is stacked w far right partisan hacks, but the American democracy would have to be systematically dismantled for Trump to remain President at this point. The only reason i'm not shoving my roll at -2000 is I don't want to potentially tie up my roll for 3 months for a 5% return as i'd make much more than that in EV just turning it over a ton of times between now and then on regular sport.
The two reasons it is -2000 or so at the moment are people cashing out to free up liquidity since some people are happy to lose a couple percent to not have the cash tied up to January, and MAGA conspiracy theorist types who are convinced Trump is going to win still (I know a few of the latter types IRL, including one who is adding more Trump now etc no matter how much i try and talk him out of it; he is very square obv)
The reason the odds are shortening is a mixture of people cashing out their betfair positions to free up liquidity for NFL, IPL, EPL, College Football and whatever else it is people are betting they realise Trump isn't going to concede and Betfair may no grade until January at this point even though Trump isn't winning. There isn't anything else to it.
Remember, Hillary to win the nomination was sitting in a similar range to Trump is now literally after the deadlines to file paperwork to run had passed etc and it was abundantly clear she was running 0% of the time this cycle etc
There will always be some % of hardcore MAGA types or Qanon types that will insist Trump is going to win right up until Biden is actually inaugurated, if they left the market up (and they may for all I know) I fully expect it would still be -3000 or -5000 at most literally the day before the Biden inauguration