Luke_PieStalker wrote: ↑
Fri Jan 28 2022 9:30pm
Can't see you getting good odds on an interest rise surely? Isn't inflation close to 6%?
Bettors 81% sure of a rise
www.thisismoney.co.uk/money/markets/art ... -rise.html
Traders 95% sure of rise
Value when you can pay 81 for something worth 95.
You can get £20 profit for a bet of £100 on an interest rate rise next week. You're right it's not good odds, but it's pretty much nailed on. Why would anyone offer bigger odds?
You could have packed "Sue Grey report won't be published on or before 28th Jan" at about 11pm last night at 1/50. ie bet £50 to win £1 in profit. Not great odds but again, was pretty much nailed on, the money you tied up was returned about 7am this morning. That's an interest rate of around 2000%.