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Reply #4: Gamblers like high odds [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
Awsi Dooger Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-31-08 10:02 PM
Response to Original message
4. Gamblers like high odds
Edited on Fri Oct-31-08 10:03 PM by Awsi Dooger
That's all it is. Professional speculators train themselves to look for underdogs, in sports or politics or whatever. You don't have to hit a high percentage with that strategy. In this case it's basically wagering 15 to win 85. With 4 days still to go they can hope for an unlikely change of course, and if they lose they'll move on to the next variable.

Too many people look at the presidential race like it's a one and only. That is not true for gamblers. There's always something the next day. It's like over reacting to a line move or money line move in the Super Bowl. Speculators use the same strategy as all year; there's merely more focus from novices on a high profile event.
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