The perks and pitfalls of Twitter for political gamblers
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. I hear Steven Woolfe has failed to be nominated for leader of Ukip. His form came in 20 minutes late, I'm told. — Michael Crick (@MichaelLCrick) July 31, 2016 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.