Bookmakers are often perceived as heartless vultures, quick to prey on unsuspecting passers-by with alluring offers and get-rich quick schemes. Fact is they provide a service we are all of us glad to patronise – those of us who don’t live in fascist countries that don’t permit gambling that is.
Inevitably, the odds setters are experts in their field – otherwise they wouldn’t do what they do – but after correctly predicting the outcome of the latest UK election they have earned new-found respect in political and academic circles. Indeed, they were so accurate with their election calculations that some are beginning to wonder whether it’s worth bothering with exit polls at all. Read more.