The perks and pitfalls of Twitter for political gamblers
From our UK edition
On Sunday morning Channel 4’s Michael Crick put out the following Tweet about Steven Woolfe, the Manchester-born barrister and MP who was then the hot odds-favourite to become the next UKIP leader. https://twitter.com/MichaelLCrick/status/759749009992880128 As a political gambler this was massive news with the potential for relatively risk-free profits. For at the time Woolfe was rated as 72 per cent chance on the online Betfair betting exchange which, unlike traditional bookmakers, offers the opportunity to bet that a particular outcome will not happen. In effect you can become the bookie laying bets that others want to place.
