Saturday 22 November 2008

Next Manager Markets

With the news that Crystal Palace's 1990 hero Alan Pardew has left Charlton 'by mutual consent', (Thank You Agent Pardew - Mission Accomplished), there will no doubt be a Next Manager market opened on the exchanges soon.

Here's my free tip - stay away from this type of bet (unless you are on the board of directors at Charlton or your best friend is a candidate and he tells you he's been offered the job).

I'm not sure why these markets are so popular given that you are betting against people with inside information.

If you DO have to get involved, lay the favourite, but really, why would anyone risk their hard-earned money betting against insiders?

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