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Showing posts from October, 2020

Market Watch: SPOTY and Rashford

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The Headlines.   On 23rd of October the world woke up to headlines such as: 'He does not give up': how Marcus Rashford became a hero to school kids  and  Despite Tories rejection, Marcus Rashford Twitter timeline shows mammoth success in bid to feed children But also headlines like this: SPOTY 2020 odds: Marcus Rashford favourite to win BBC Sports Personality of the Year after free school meals campaign The Reaction. The price for SPOTY as the previous headline suggests was slashed.  There is a problem with the bookie odds though.  They wont be taking huge bets on a market like this, also they welcome action only from recreational punters.  These restrictions means that they are restricting the amount of information they are taking and need to generate the most accurate odds. So lets turn to the exchanges - and we also see a similar contraction in his price.  All the way down to 1.6 (highlighed below). But this seems at odds with the previously stated ...