Bookies Beat Pollsters in Scottish Referendum

Bookies Beat Pollsters in Scottish Referendum

The referendum that is scottish Bookies had been predicting an 80 percent possibility of a ‘no’ vote, as the polls were contradictory and inaccurate.

Did bookies know the results for the Scottish referendum in advance, while polls were way off the mark? It sure appears that way.

Scotland has voted in which to stay the UK, with 55.3 percent of voters deciding against dissolving the 300-year union of nations and going it alone. Many were surprised that the margin between winning and votes that are losing because wide as ten percent; a number of polls had predicted that the result was too close to phone and that the ‘Yes’ and ‘No’ campaigns were split straight down the middle.

The stark reality is, polls were throughout the spot: contradictory and fluctuating wildly. They ranged from a lead that is six-point the ‘yes’ vote up to a seven point lead for the ‘no’ vote into the weeks leading up to the 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 away ages ago. Although the pollsters’ predictions had been see-sawing, online sports outfit that is betting had already determined to spend bettors who had their funds on a’no’ vote a few days ahead of the referendum even occurred. And while there was clearly a whiff of a PR stunt about this announ […]