Saturday, 7 May 2011

NEW MARKETS & ARB ALERT: Scottish independence referendum

We have 2 new markets up and running already on the referendum:
Referendum on Independence of Scotland before May 2015? (William Hill)
Yes 1/3
No 9/4
Note: the new parliament has a FIVE YEAR term, until May 2016; not a standard 4 year term as stiplutated in the Scotland Act 1998. You can thank genius Nick Clegg for that one.
Bookies' best prices - Independence Referendum Result
Against independence (Fail/No) 4/7 (Paddy Power)
For independence (Pass/Yes) 9/4 (William Hill) UPDATE: 5/2 (Ladbrokes)
Note: the above is an ARB opportunity. (approx. 5.9% 8.4% guaranteed, BUT see Note 2 below)

Note 2: Ladbrokes use a qualifying wording: "Scotland to vote yes for full Independence before June 2015", whereas William Hill voids the bet if no Referendum is held before the end of 2015, while Paddy Power voids the bet if no referendum is held before "the end of the term beginning May 2011" (which is scheduled to be May 2016).

... and we have new 'Alex Salmond Specials' from Ladbrokes (note: beware of betting whenever a bookie only provides a price on ONE side of a bet! -> it can mean very poor value):
To wear his favourite multi-saltire tie at First Minister Swearing In 1/5
To appear in public in a kilt before 2015 EVS
To celebrate his SNP win with a curry before 11th May 4/1
To be at the first Hearts game of next season 4/1
To own a winner of the Scottish Grand National in his lifetime 50/1
To wear a kilt at First Minister Swearing In 66/1
To be the next James Bond 500/1
... and the latest best prices on Iain Gray's replacement (somebody really ought to tell Paddy Power that candidates must be an MSP):
Next Scottish Labour Party Leader
Jackie Baillie 2/1 (Lad)
Hugh Henry 4/1 (Lad)
John Park 4/1 (Lad, PP)
Malcolm Chisholm 13/2 (PP)
Andy Kerr 8/1 (PP)
Johann Lamont 8/1 (Lad)
David Whitton 8/1 (PP)
Richard Baker 16/1 (PP)
Kezia Dugdale 25/1 (Lad)
Des McNulty 40/1 (PP)
Karen Gillon 66/1 (PP)
Karen Whitefield 66/1 (PP)
Jim Murphy 100/1 (PP)

UPDATE

William Hill - Clegg To Resign in 2011?
Yes 2/1

5 comments:

Anonymous said...

Let's hope you achieve independece soon.On behalf of just about every Englisg person I know.

Stuart Dickson said...

Thanks Anonymous!

We know that we have a lot of goodwill from a large number of English people. It is much appreciated.

petem130 said...

I'm always surprised when some English people say they are happy that we get independence as it will save them money.

That doesn't sit well with their politicians who don't want the break up of the UK.

Of course the truth is Scottish Independence will mean they have to hand over the territorial rights which include not just a lot of the oil being produced at the moment but the millions of barrels still to be recovered for a considerable time yet.

It is England which will have to find more money not Scotland even when we take out share of the sovereign debt.

Gordon_Menzies said...

The truth is probably that independence wouldn't benefit either Scotland or England. It suits both sides of the argument to reduce it down to a discussion over which country subsidises the other, but that's based more on emotion than what's actually the best outcome for Scotland and England economically. It doesn't take into account the transaction costs associated with independence, which are extremely high given how integrated Scotland and England are in reality.

cameron said...

actually the uk govt/treasury's incompetence and mismanagement of the uk economy is the biggest cost on everyone.