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The Guardian: Tony Blair is the bookies' favourite to become EU president
4/6 Tony Blair, former British prime minister
4/1 Jan Peter Balkenende, Dutch prime minister
11/2 Jean-Claude Juncker, prime minister of Luxembourg
6/1 Anders Fogh Rasmussen, secretary general of Nato
8/1 Guy Verhofstadt, former prime minister of Belgium
10/1 Aleksander Kwasniewski, former president of Poland
12/1 José Manuel Barroso, president of the European Commission
14/1 Mary Robinson, former president of Ireland
16/1 Gerhard Schröder, former German chancellor
33/1 Jacques Chirac, former French president
50/1 Bertie Ahern, former taoiseach
100/1 Silvio Berlusconi, Italian prime minister
I think the bolded impossible options make it so that if one bet for all the other options there would be a guaranteed win... Assuming all likely candidates are represented, which is unfortunately not true (Paavo Lipponen is not on the list).


En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Mon Oct 12th, 2009 at 03:09:33 PM EST
Tha'ts british bookies, responding to british bets, made by british punters who've probably assumed that the only person they've heard of is the only person anyone has heard of.

I doubt that is true elsewhere in europe. Especially among the elites who will decide this between themselves for their own reasons, few of which will take the best future for europe's people into consideration

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Mon Oct 12th, 2009 at 03:21:22 PM EST
[ Parent ]
Tha'ts british bookies, responding to british bets, made by british punters who've probably assumed that the only person they've heard of is the only person anyone has heard of.

When a market is full of ignorant people, arbitrage opportunities open up, Eugene Fama be damned.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma

by Migeru (migeru at eurotrib dot com) on Mon Oct 12th, 2009 at 03:27:49 PM EST
[ Parent ]
Why are they not obliged to say how much money is riding on these bets?

I want a bet on how much there is with Paddy full-of-shit Power on Fogh Rasmussen or Barroso. A tenner at the outside?

The narrative, of course, is that the punters and the bookies are the best way to know what's going to happen. What shameful nonsense. Passed along with the tea and sandwiches by a lady from the Guardian's Politics section.

What's worse: the bookie, the Guardian woman, or the Blair communications op that's somewhere behind all this?

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Oct 12th, 2009 at 03:35:01 PM EST
[ Parent ]
LTE to The Guardian?

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Mon Oct 12th, 2009 at 03:41:08 PM EST
[ Parent ]
Tomorrow maybe...

This thing is a stitch-up.

Of course they'll say it's "light-hearted".

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Oct 12th, 2009 at 05:02:16 PM EST
[ Parent ]
I left this comment:

"Shameless advertising", you say, Deborah -- but interesting?

How is it interesting? Half the names in the list are definitely not candidates.

Anders Fogh Rasmussen, in 4th place, became head of NATO this year and is certainly not looking for another job.

Jose Manuel Barroso was re-elected president of the European Commission just weeks ago, and obviously will not be President of the European Council as well.

Aleksander Kwasniewski is Polish, and Poland has already recently obtained the presidency of the European Parliament with Jerzy Buzek, so there's no hope of a second high appointment.

Neither Schröder, nor Chirac, nor Burlesquoni, have ever been mentioned as candidates.

Meanwhile, a seriously-talked-about candidate, former Finnish PM Paavo Lipponenen, is absent.

That is exactly half the list made up of non-starters, and a major starter missing. Interesting? Not in my book.

Now Paddy Power may say this simply reflects what people wanted to have a flutter on, but I have a job believing a large number of people have really put money down on non-candidates. How much money is riding on these bets? A tenner on Fogh Rasmussen, a fiver on Barroso? 10p on Burlesquoni? Or is the whole thing a joke?

What's shameful about this stitch-up is that it's political advertising. If Tony Blair is getting most bets (and that may well be true), it's the result of an enormous communications campaign in the British media, presenting Blair as the inevitable winner.

Elsewhere in the EU, you won't hear the same noise. And people from all over Europe are signing the StopBlair! petition.

It's better than being a punter, and there are far more citizens doing it.

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Oct 13th, 2009 at 03:39:36 AM EST
[ Parent ]
Brilliant comment.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Tue Oct 13th, 2009 at 03:48:14 AM EST
[ Parent ]
Thank'ee.
by afew (afew(a in a circle)eurotrib_dot_com) on Tue Oct 13th, 2009 at 03:55:10 AM EST
[ Parent ]
afew:
The narrative, of course, is that the punters and the bookies are the best way to know what's going to happen. What shameful nonsense.

deja bankster all over again!

~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~

by melo (melometa4(at)gmail.com) on Mon Oct 12th, 2009 at 07:59:47 PM EST
[ Parent ]
I'd take 14:1 bet on Lipponen.

You can't be me, I'm taken
by Sven Triloqvist on Mon Oct 12th, 2009 at 03:56:41 PM EST
[ Parent ]
With Buzek in the EP top post, Kwaśniewski is an idiot's bet, too.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Mon Oct 12th, 2009 at 04:57:57 PM EST
[ Parent ]
EUObserver also makes it a front-page Political Affairs priority:

EUobserver / Gambling firm tips Blair for EU president job

a Paddy Power employee told EUobserver that the firm's research is limited to reading newspapers and using common sense.

"It'd be a matter of opinion. It's an educated guess," she said.

My comment left by mail:

I quote from today's Gambling firm tips Blair for EU president job article by ANDREW RETTMAN:

    a Paddy Power employee told EUobserver that the firm's research is limited to reading newspapers and using common sense.

    "It'd be a matter of opinion. It's an educated guess," she said.

An "educated" guess that lists a slew of absolute non-starters:

Anders Fogh Rasmussen -- named head of NATO recently, and not looking for another job;

Aleksandr Krasniewski -- Poland recently got the presidency of the European Parliament with Jerzy Buzek, there is no prospect of a second Polish appointment

Jose Manuel Barroso -- is it really necessary to say why he will not be president of the European Council?

Schröder, Chirac, Berlusconi... None of these have ever once been cited as candidates.

On the other hand, Paavo Lipponen, former Finnish PM, a serious candidate, is not mentioned.

These odds are an ignorant disgrace, and finding them accommodatingly featured under "Political Affairs" in a supposedly EU-focussed outlet is worse yet. Is Andrew Rettman incapable of supplying a modicum of informed comment?

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Oct 13th, 2009 at 09:04:07 AM EST
[ Parent ]
Wouldn't it be funny if they got a number of bets on (say) Mary Robinson?
by Colman (colman at eurotrib.com) on Tue Oct 13th, 2009 at 09:09:17 AM EST
[ Parent ]
I'm going to be in London in 2 weeks...  Maybe I should pay a visit to Paddy Power.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Tue Oct 13th, 2009 at 09:45:16 AM EST
[ Parent ]
Also, Berlusconi will never be a candidate unless the job comes with immunity from prosecution.
by gk (g k quattro due due sette "at" gmail.com) on Tue Oct 13th, 2009 at 09:26:29 AM EST
[ Parent ]
afew:

a Paddy Power employee told EUobserver that the firm's research is limited to reading newspapers and using common sense.

"It'd be a matter of opinion. It's an educated guess," she said.

I thought the odds were set by reference to how many bets they had received for the various options.

Though there has to be some sort of opening odds offer based on studying the inside of their own anus.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma

by Migeru (migeru at eurotrib dot com) on Tue Oct 13th, 2009 at 09:47:49 AM EST
[ Parent ]
In fact, if there were any real money riding on this they damn well would do their homework.
by afew (afew(a in a circle)eurotrib_dot_com) on Tue Oct 13th, 2009 at 10:16:34 AM EST
[ Parent ]
It has now been confirmed that Daniel Cohn-Bendit returned 6.67 after winning the Steeplechase at Upside Downs.  He is now odds-on favorite to beat Chelsea next week, according to unformed sources.

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin
by Crazy Horse on Tue Oct 13th, 2009 at 10:52:20 AM EST
[ Parent ]

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