Quote:
Originally Posted by old crust
Just checked on Betfair and well over 8 million quid has been bet (matched). The figures for the other bookmakers are rarely revealed, but one firm has reported a bet of £ 800,000 to win £ 200,000 on the No vote winning.
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Thanks OC, I can well believe those numbers.
Only slightly related but it is making the UK FTSE index tricky to trade.
In the event of a No vote, logic would suggest a rise in that index, a sort of relief rally.
If so, opening a " long " buy position on the index before the outcome would be profitable, however a Yes vote would be a massive problem.
From what I am seeing a lot of indecision.