"Dear friends, Intrade and Paddy Power prove the predictive strength of the markets. We know elections are decided the old-fashioned way: we pay out good money for it!"
Posted on 11/04/2012 9:34:32 AM PST by Jimmah
Paddy Power pays out £400,000 on Obama victory in U.S. Presidential election
Paddy Power is paying out to punters who backed Barack Obama to win the US Presidential election 2012.
There’s still two days to go before America votes and national polls show voters remain largely undecided with nothing more than a sheet of ballot paper between Democrat Obama and Republican rival Mitt Romney.
But Paddy Power believes it’s a done deal and Obama is a nailed-on certainty to win a second term.
who is paddy power and hope he is wrong
WTH is paddy power and why the h3ll should I care???
"Dear friends, Intrade and Paddy Power prove the predictive strength of the markets. We know elections are decided the old-fashioned way: we pay out good money for it!"
obviously spent to much time at the bar.....Tuesday (wednesday Irish time) this yob will be more than embarrassed....he will be doubly out of money
C’mon people, who the hell would believe a bookie would pay of on a bet before the event happens?
Care to explain what happens after Romney wins? Do you think these people will simply all hand him back the cash?
Some foks here have totally taken leave of the last dregs of whatever common sense they had.
There are very few undecided voters left, dumbo writer.
Perhaps you mean "largely evenly divided".
Largest bookmaker in Ireland, supposedly. On a bright note, he lost twice as much paying out on Tiger Woods once.
C’mon people, who the hell would believe a bookie would pay of on a bet before the event happens?
Care to explain what happens after Romney wins? Do you think these people will simply all hand him back the cash?
Some foks here have totally taken leave of the last dregs of whatever common sense they had.
Between now and the when the first actual returns comes in I’m ignoring all election news as disinformation peddling FUD, fear incertainty, and doubt.
“If your news about the US comes mainly from the BBC and your polls from Reuters/Ipsos, you’d think it was a done deal too.”
Same thing in Kanada, where anti-Americanismn runs rampant. Most idiot canadians get their news from the most anti-US network on earth called the CBC, then you have problems. When I head there every Christmas to visit my brother, they really are in a bubble world.
I remember that Houston used to have “Owner Has Brain Damage” brand used cars.
The assumption was that you could take advantage of the intellectually diminished.
Just like ‘loose slots’ in Vegas or Owner Has Brain Damage in Houston, Ireland has a bookie, Paddy Power that might payoff even on a bet that you lost.
This sort of thing appeals to gamblers of a particular sort. It is positive advertising, of a kind.
And given the Obama wash of Euro-media, he probably thinks he has better chances of not paying off Romney punters than he really does.
Aren’t they going to be surprised...and broke.....
Thats what I’m thinking. Hes hedging some free advertising on a bet he thinks will win.
They’re Irish, I’m guessing they’re piss drunk.
snicker
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