Smarkets has revealed that its political markets have been re-energised by the government’s last-minute negotiations to secure a fraught trade deal with the European Union. This weekend, PM Boris Johnson took charge of negotiations meeting face-to-face with EU President Ursula von der Leyen, in a bid to break the deadlock. Yet following reports that no progress has been made on …
Read More »Tag Archives: Sarbjit Bakhshi
US 2020: Bakhshi and Shaddick offer final take on betting’s billion dollar baby
On the eve of what’s been touted as the most important American Presidential Election in decades, it’s estimated that over $1bn will have been wagered on the outcome of Trump versus Biden, none of which will have changed hands legally in the US. A missed opportunity? According to Sarbjit Bakhshi, Head of Political Markets at Smarkets, absolutely. Speaking during a high-profile panel …
Read More »Democrats fly high in the polls as Trump’s popularity slumps
Joe Biden’s popularity appears to be riding at an all-time high this week, after betting exchanges have shown the Democrat nominee holds a 2-in-3 chance (66%) of winning the presidency next month. According to Smarkets, Biden’s likelihood of victory in the US 2020 elections is currently double that of Donald Trump‘s (33%) chances of a second term. Sarbjit Bakhshi, Smarkets …
Read More »Smarkets: Trump carries momentum as US 2020 markets tighten
Smarkets said that market dynamics are being radically reshaped as US 2020 odds narrow with just two months left of campaigning before US voters hit election polls on Tuesday 3 November. Tracking market developments, Smarkets detailed that its betting exchange is reflecting the majority of US 2020 polls, as challenger Joe Biden saw a comfortable double-digit lead narrow to just …
Read More »Bakhshi and Shaddick launch ‘Art of the Possible’ podcast tracking US 2020 developments
Sarbjit Bakhshi, Smarkets Head of Politics has joined forces with GVC Holdings counterpart Matt Shaddick to launch ‘Art of the Possible’ (@PossiblePod) – a podcast analysing political betting markets, predictions and further events. Ahead of the US 2020 Election on 3 November, @PossiblePod forms part of the ‘Old Bull’ audio series by the American Civics Exchange, providing its listeners expert …
Read More »Bookies Corner: Trump Presidency sinks as US 2020 enters its 100 day countdown
US 2020 enters its final 100 days of campaigning, as current polls indicate a comfortable Joe Biden / Democratic Party victory as President Trump flounders on his handling of critical issues in the most unprecedented of election years. Against the ropes, can Trump deliver another seismic political upset, or has America finally turned the lights off on ‘President 45’… SBC …
Read More »Trump takes lead in Presidential race as US 2020 hots up
Donald Trump has gained a marginal lead in the upcoming US presidential election over the presumptive Democratic nominee Joe Biden, according to betting exchange Smarkets. With the Presidential race hotting up, Trump is currently trading at 47%, while Biden is trading at 42%, with $1.9m traded on who will claim the White House. Commenting on US2020, Smarkets Head of Political Markets …
Read More »Bookies Corner: US 2020… Pandemic adds more spin to betting’s biggest market
Under normal circumstances, April and May should have been key campaign months for the US 2020 Elections (3 November), with the Democratic Party crowning Joe Biden to challenge President Trump. However, US 2020’s script has been flipped by COVID-19 consequences, adding further divisive factors to the campaign trail, as bookies tell SBC to buckle up for this year’s biggest wagering …
Read More »Smarkets – Lockdown sees politics take centre stage
Smarkets has seen a ‘considerable uptick’ in wagers on political events this March as punters turn their attention to politics following COVID-19’s postponement of the sports calendar. The online betting exchange detailed that it recorded £1.1 million wagers across its political markets, representing a 95% increase on February trading of £580,000. Excluding months leading up to the UK general elections, …
Read More »Smarkets tips Starmer as new Labour Leader
There’s just one day left until the Labour leadership vote is concluded, and betting exchange Smarkets has said that Sir Keir Starmer is ‘effectively guaranteed’ to be the new leader. Starmer, who is currently trading at 99%, has held the lead in the vote since Jeremy Corbyn announced that he would be stepping down. Meanwhile Rebecca Long-Bailey now stands at …
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