Sunday, June 19, 2016

Punters losing faith in the pollsters - the Brexit example

Believe the opinion polls and the punters would have the choices in the UK's Brexit referendum at even money take your pick. For several weeks now there has been nothing between stay and leave in the measurements of public opinion. If anything, leave is ever so slightly in front. But over at the Betfair betting exchange the stay option is the clear favourite.

The punters, probably influenced by the media pundits, clearly have no faith in the predictive power of polls. The memory of how wrong the polls were before the last British general election must be strong.
From my far away distance it just seems strange to me.

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