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Hottest? Wettest? Bookies Laughing All The Way To The Bank!

November 15, 2015

By Paul Homewood  

  

image

http://news.coral.co.uk/press-news/bookies-slash-the-odds-on-record-wind-speeds-across-britain_111370.html

 

Hardly a month seems to go by without the bookies touting for record hottest/coldest,wettest/driest/windiest blah blah. They are ably supported by the morons in the press, who like such sensationalist headlines.

The gullible public, meanwhile, are so brainwashed by the extreme weather propaganda they are fed with that they are prepared to bet at ridiculously short odds. After all, how many punters bet on it not being a record month?

So far this year, (and not exclusively), we have had bookies predicting the wettest August (Actual – 34th wettest since 1910), wettest autumn (Actual – below average in Sep/Oct), hottest June (Actual – 0.4C below average), hottest July (Actual – 0.7C below average), wettest July (Actual -  20th wettest) , hottest August (Actual – 0.2C below average).

There are doubtlessly more!

 

 

And in September, we even had the WETTEST YEAR nonsense.

 

image

http://www.express.co.uk/news/weather/607221/Britain-wettest-year-ever-weather-forecast

 

As much of the country was battered by heavy downpours today, bookmakers said it was odds-on that 2015 will be declared the wettest.

More rain is forecast for Wednesday, the official start of Autumn according to astronomers, but typical Autumnal weather means the sunglasses will not have to be stored away for the season just yet.

Despite the sunshine Ladbrokes has said there is a 6/5 chance this year will go down in history as the wettest yet.

They are offering odds of 4/1 this September will notch up the same accolade.

Alex Donahue, of Ladbrokes, said: "As every drop of rain falls the odds follow suit, and it’s now looking increasingly likely that 2015 will be chalked up in the history books as the wettest year we’ve ever seen."

 

It remains to be seen what happens between now and the end of the year, but up to the end of October, YTD rainfall was actually 29mm below the series average, and languished in 155th place since 1766.

 

 

image

http://www.metoffice.gov.uk/hadobs/hadukp/data/monthly/HadEWP_monthly_qc.txt

 

 

 

All of these media stories seem to spring up after a couple of days of hot/wet/whatever weather, and play on the public’s perception that such weather is somehow extreme and unprecedented.

What is it they say about a fool and his money?

6 Comments leave one →
  1. Bloke down the pub permalink
    November 15, 2015 2:30 pm

    A bookie will do what he can to separate a punter from his money, a newspaper editor will do what he can to sell papers, C’est la vie.

  2. November 15, 2015 2:58 pm

    It won’t be the wettest year ever – it will barely make average in east London. A fool and his money are easily parted.

    Best bet is to lay any odds that look ridiculous

  3. November 15, 2015 6:37 pm

    So many superlatives used in media and on some sites….. Here’s a short post on the wind shift in Great Britain: http://1ocean-1climate.com/phenomenal-wind-shift/ It seems interesting to me. What do you think?

  4. Altor permalink
    November 15, 2015 6:45 pm

    What you are seeing with odds changing like this is not because the bookies don’t believe the hype. The bookies set the odds so that they make money regardless of which side “wins.” So, if more people are betting that it will be the hottest, wettest, or windiest month, then the bookies will adjust the odds make it more enticing for people who will bet against that proposition. If more people start betting against it, they will adjust odds the other way. The odds are really a reflection of what the betting public believe will happen.

  5. catweazle666 permalink
    November 15, 2015 9:28 pm

    Ah, “the wettest year EVER” yet again.

    I suppose “EVER” is defined as the day after the last time we had a year that was wetter…

  6. November 16, 2015 12:47 pm

    Are these “serious” newspapers (whatever that is) or grocery store tabloids?

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