Wednesday, 6 November 2024

Silver Linings

Since Jimmy Carter's win in 1976, only one underdog going into Election Day has won the Presidency, and last night the favourite won again. 

Here are the prices on previous elections courtesy of the Sports Odds History site

The "French Trump Whale" called it correctly, put his money where his mouth was and made millions while I, once again, managed to lose money betting on politics. 

However, the financial markets appear to be reacting positively to the result, so I shall pretend that my bet on Harris was a hedge, and focus on the silver lining of my Bitcoin holding hitting a new all-time high. Hopefully Tesla will also benefit from Elon Musk's role with the Trump campaign, and the US futures look green across the board, especially the Russell 2000 which is comprised of smaller companies who will benefit from Trump's promised tariffs. 

While it wasn't a market of quite so much significance to the world, we did have a winner in the NHL last night, a qualifier in two systems, and after a slow start the season has picked up with an overall ROI slightly above 25%.
In the NBA, the 'Overs on High Totals' system has started the new season positively too, with an 8-4 record to date and two more selections tonight, but the new 'Unders' system is 0-2 so far. 

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