Normally one would imagine that the betting markets should usually be the most accurate predictor in terms of the probable outcomes of events such as elections given that there is nothing that focuses ones mind more then putting ones own money where ones mouth is, which clearly the pollsters NEVER do given that they tend to be consistently wrong AND tend to publish polls that range all over the place so that after the fact can point to an outlier poll to imply that they got the election result right when in reality they most definitely got it very badly wrong!

However, the bookies and betting markets have been just as wrong as the pollsters for several major elections from the Sept 2014 Scottish Independence Referendum, to the UK 2015 General Election to the 2016 EU Referendum, and of course were badly wrong on Trump! The obvious reason why the bookies have also been getting elections wrong is that the betting markets are heavily influenced by the pollsters.

So in my latest analysis in this BrExit General Election series I will take a look at what the betting markets are saying in terms of the most probable election outcome given that the polls are literally gyrating all over the place.

Ensure you are subscribed to my always free newsletter for the next analysis in this series as I countdown to my imminent UK general election 2017 final forecast conclusion and to our youtube channel for videos in this and the BrExit War series.

By Nadeem Walayat

http://www.marketoracle.co.uk

Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

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