Oz Blog News Commentary

Articles from Political Owl

Betting the Bishop will be a polo no-show

January 12, 2017 - 23:26 -- Admin

The corporate bookies don't seem to have a market yet on the weekend's major political event but the money at the Portsea Hotel tonight suggests Julie Bushop will be a no-show at the annual polo. The boys at the very upmarket hotel think the Foreign Minister will squib it after the flack this week about charging taxpayers for her appearance money last year.

Even expert forecasters often treat a strong possibility as though it is a certainty.

November 27, 2016 - 14:01 -- Admin

Why forecasters failed to predict Trump’s victory: Tim Harford in London's Financial Times"The truth is that once Trump had secured the nomination, a Trump presidency was always a strong possibility. The betting markets seemed to recognise this, offering odds of three-to-one a week or so before the poll.