Looking at Ipsos Mori satisfaction ratings, it's impressive that Cameron has the highest satisfaction rating out of all the leaders (almost the best net satisfaction as well), this being 9 years into his leadership of the Tories and 4 years into being PM.
Or does it just reflect badly on the shower he's up against?
Chance of Tory vote lead: 100.0% Chance of a Tory seat lead: 99.9%
Chance of a Hung Parliament:13.8% Chance of a Tory majority: 86.2% Chance of a Labour majority: 0.0%
A large shift to the Tories, odds-on for a majority for the first time since January 2012. Now of course it's just one poll, although the L&N model does takes account of poll variation.
Chance of Tory vote lead: 100.0% Chance of a Tory seat lead: 99.9%
Chance of a Hung Parliament:13.8% Chance of a Tory majority: 86.2% Chance of a Labour majority: 0.0%
A large shift to the Tories, odds-on for a majority for the first time since January 2012. Now of course it's just one poll, although the L&N model does takes account of poll variation.
Dire for Labour...
I'm not familiar with the model and mechanics you refer to but it looks like it is forecasting a better result next time than last. This seems interesting to say the least.
Some new markets for the Euros up at Ladbrokes shortly.
GB Vote share UKIP 29% Lab 27% Cons 24% LD 9% Green 7% An Independence From Europe 1.5%
5/6 Over or Under available on each.
That makes 96% for the sum of UKIP/Con/Lab/LD/Green. That looks too high: last time it was 82.2%. Admittedly the collapse of the BNP (6.3% last time) means we might expect the percentage accounted for by the top five to be higher this time than last time, but not to the extent of taking others (including the BNP) down from 17.8% to just 4%.
So: the value IMO is on the low side of at least one of those bets. I would guess Labour.
Chance of Tory vote lead: 100.0% Chance of a Tory seat lead: 99.9%
Chance of a Hung Parliament:13.8% Chance of a Tory majority: 86.2% Chance of a Labour majority: 0.0%
A large shift to the Tories, odds-on for a majority for the first time since January 2012. Now of course it's just one poll, although the L&N model does takes account of poll variation.
Dire for Labour...
Do you really believe this? I don't and I would be quite happy if it were true.
Chance of Tory vote lead: 100.0% Chance of a Tory seat lead: 99.9%
Chance of a Hung Parliament:13.8% Chance of a Tory majority: 86.2% Chance of a Labour majority: 0.0%
A large shift to the Tories, odds-on for a majority for the first time since January 2012. Now of course it's just one poll, although the L&N model does takes account of poll variation.
Dire for Labour...
Very interesting, can I ask three questions:
1. why have you based this forecast on the MOri poll rather than ICM (which people, rightly or wrongly, regard as the "Gold Standard")? 2. What were the figures from last month? I appreciate you probably posted them but I am not on here all the time so would be really grateful if you could post the comparators. 3. I would also really appreciate some indicator of spread around the central forecast.
Lennon asked on the other thread where the missing 3% went between April and May, and it seems to have been +1% for the SNP and +1% for BNP - but I may be looking at the wrong April data table, as it has Labour on 37%, which would put them down only 3% on the month.
"A more interesting change has been the 4% fall-back in Ukip’s Westminster voting share. This combined with declining ratings for Farage might just be a pointer to the Euros."
It's not mirrored by any previous/subsequent polls.
...although the L&N model does takes account of poll variation....
As I understand it the L&N model has only previously been used for making predictions three months ahead of the general election, rather than one year ahead, so that's nine months of poll variation that you are ignoring.
It's a bit daft to take a model and use it in a context it was never designed for.
Lennon asked on the other thread where the missing 3% went between April and May, and it seems to have been +1% for the SNP and +1% for BNP - but I may be looking at the wrong April data table, as it has Labour on 37%, which would put them down only 3% on the month.
Thanks - that was my conclusion as well when I looked.
Some new markets for the Euros up at Ladbrokes shortly.
GB Vote share UKIP 29% Lab 27% Cons 24% LD 9% Green 7% An Independence From Europe 1.5%
5/6 Over or Under available on each.
That makes 96% for the sum of UKIP/Con/Lab/LD/Green. That looks too high: last time it was 82.2%. Admittedly the collapse of the BNP (6.3% last time) means we might expect the percentage accounted for by the top five to be higher this time than last time, but not to the extent of taking others (including the BNP) down from 17.8% to just 4%.
So: the value IMO is on the low side of at least one of those bets. I would guess Labour.
It cant be unde/over the figure listed as that would leave "exactly" as a void bet.. without looking at the website I would have thought it was 28.5 26.5 23.5 8.5 6.5 which adds up to 93.5
@isam "Exactly" any of those percentages isn't very likely with several million votes.
Oh yeah haha! My mistake
although (edit)
It could lead to a bit of controversy if, say UKIP get 28.9%.. every media outlet would report it as 29% and you would settle it under 29% as a winner, and over as a loser... 28.5% would make more sense I think, it is more usual to be under over in that way
Some new markets for the Euros up at Ladbrokes shortly.
GB Vote share UKIP 29% Lab 27% Cons 24% LD 9% Green 7% An Independence From Europe 1.5%
5/6 Over or Under available on each.
That makes 96% for the sum of UKIP/Con/Lab/LD/Green. That looks too high: last time it was 82.2%. Admittedly the collapse of the BNP (6.3% last time) means we might expect the percentage accounted for by the top five to be higher this time than last time, but not to the extent of taking others (including the BNP) down from 17.8% to just 4%.
So: the value IMO is on the low side of at least one of those bets. I would guess Labour.
Some new markets for the Euros up at Ladbrokes shortly.
GB Vote share UKIP 29% Lab 27% Cons 24% LD 9% Green 7% An Independence From Europe 1.5%
5/6 Over or Under available on each.
That makes 96% for the sum of UKIP/Con/Lab/LD/Green. That looks too high: last time it was 82.2%. Admittedly the collapse of the BNP (6.3% last time) means we might expect the percentage accounted for by the top five to be higher this time than last time, but not to the extent of taking others (including the BNP) down from 17.8% to just 4%.
So: the value IMO is on the low side of at least one of those bets. I would guess Labour.
I suspect lower is value with almost all of them, for this reason. Tempted to just bet on lower across the board.
I'm not familiar with the model and mechanics you refer to but it looks like it is forecasting a better result next time than last. This seems interesting to say the least.
The government's done a respectable job with a very difficult inheritance and the Opposition doesn't have a Scooby. qv 1983.
Lebo and Norporth have this to say at the time of their 2010 forecast:
"Time will tell, but one smaller consequence will be that if a coalition does rule Britain beginning in 2010 it will make the forecasting process a much different exercise in the future."
Main problem being that if the Government is a Coalition you can't model elections as a simple pendulum between Government and Opposition. The simple two-body problem has now become a three-body problem.
I'm not familiar with the model and mechanics you refer to but it looks like it is forecasting a better result next time than last. This seems interesting to say the least.
The government's done a respectable job with a very difficult inheritance and the Opposition doesn't have a Scooby. qv 1983.
Oh I agree. Just the numbers don't indicate a better result for Conservatives than last time. Like I said I don't understand the model, I just find it intriguing.
...although the L&N model does takes account of poll variation....
As I understand it the L&N model has only previously been used for making predictions three months ahead of the general election, rather than one year ahead, so that's nine months of poll variation that you are ignoring.
It's a bit daft to take a model and use it in a context it was never designed for.
It's as daft as reporting polls that ask "If there was an election tomorrow..."
But I have always accepted your substantive point, in any case. I just thought political sophisticates on a site like this might wish to know what the model is saying, before we get to its final forecast...
Btw, who can say for certain there won't be an election...in three months time?
"Two Hungarian men have been jailed for their part in a large scale human trafficking ring which saw victims lured to Kirklees and forced into near slavery.
Heckmondwike-based Janos Orsos, 43, was sentenced to five years behind bars for masterminding the sophisticated scam in which fellow countrymen were paid as little as £10 per week for working up to 100 hours."
"Workers lived in accommodation in Ravensthorpe, Batley, Heckmondwike and Bradford. Up to 50 men were kept in a single Batley house."
The political class' version of reality is a total lie but only a minority know it.
I came back and saw the Opinium poll for the Euros: Opinium Research @OpiniumResearch 1h Our latest #EU'14 results UKIP have a two point lead over Lab while the Tories remain in 3rd, LibDems slip to just 7% http://bit.ly/1nIPqeu :^D
Then I saw the ipsosMori poll with a 4% drop for UKIP, but even more bizarre a 5% swing to the Greens. :^C
That latter poll must be an outlier as it doesn't correspond to any other poll we've see recently.
I think the pollsters have got their knickers in a twist and the UKIP surge is confounding all of them but especially ipsos and Populus.
I came back and saw the Opinium poll for the Euros: Opinium Research @OpiniumResearch 1h Our latest #EU'14 results UKIP have a two point lead over Lab while the Tories remain in 3rd, LibDems slip to just 7% http://bit.ly/1nIPqeu :^D
Then I saw the ipsosMori poll with a 4% drop for UKIP, but even more bizarre a 5% swing to the Greens. :^C
That latter poll must be an outlier as it doesn't correspond to any other poll we've see recently.
I think the pollsters have got their knickers in a twist and the UKIP surge is confounding all of them but especially ipsos and Populus.
Lebo and Norporth have this to say at the time of their 2010 forecast:
"Time will tell, but one smaller consequence will be that if a coalition does rule Britain beginning in 2010 it will make the forecasting process a much different exercise in the future."
Main problem being that if the Government is a Coalition you can't model elections as a simple pendulum between Government and Opposition. The simple two-body problem has now become a three-body problem.
Yes, I've acknowledged the changed landscape, and attached the caveat in previous discussions of the L&N forecast. At some point the coalition will break-up, however, and we'll be back to something like business as usual in the 2015 campaign.
I came back and saw the Opinium poll for the Euros: Opinium Research @OpiniumResearch 1h Our latest #EU'14 results UKIP have a two point lead over Lab while the Tories remain in 3rd, LibDems slip to just 7% http://bit.ly/1nIPqeu :^D
Then I saw the ipsosMori poll with a 4% drop for UKIP, but even more bizarre a 5% swing to the Greens. :^C
That latter poll must be an outlier as it doesn't correspond to any other poll we've see recently.
I think the pollsters have got their knickers in a twist and the UKIP surge is confounding all of them but especially ipsos and Populus.
There's none so blind as those that will not see.
Do you think this poll is the start of a ukip downturn then?
"Two Hungarian men have been jailed for their part in a large scale human trafficking ring which saw victims lured to Kirklees and forced into near slavery.
Heckmondwike-based Janos Orsos, 43, was sentenced to five years behind bars for masterminding the sophisticated scam in which fellow countrymen were paid as little as £10 per week for working up to 100 hours."
"Workers lived in accommodation in Ravensthorpe, Batley, Heckmondwike and Bradford. Up to 50 men were kept in a single Batley house."
The political class' version of reality is a total lie but only a minority know it.
That sounds like the sort of thing you hear from alien conspiracists that somehow they know some special truth that is being kept from ordinary folk in the interests of the authorities. It's loopy loo.
I came back and saw the Opinium poll for the Euros: Opinium Research @OpiniumResearch 1h Our latest #EU'14 results UKIP have a two point lead over Lab while the Tories remain in 3rd, LibDems slip to just 7% http://bit.ly/1nIPqeu :^D
Then I saw the ipsosMori poll with a 4% drop for UKIP, but even more bizarre a 5% swing to the Greens. :^C
That latter poll must be an outlier as it doesn't correspond to any other poll we've see recently.
I think the pollsters have got their knickers in a twist and the UKIP surge is confounding all of them but especially ipsos and Populus.
@isam "Exactly" any of those percentages isn't very likely with several million votes.
The more I think about it, 28.5 would be better because anything between 28.51 and 29.49 will be reported as 29 and punters won't know if they've won or lost
'What might Euro elections mean for Scotland's referendum?'
"When it happens," one Labour MP tells me, "you lot will all be looking in the wrong direction."
... "If Labour comes third," he tells me, "it will have a phenomenal effect in Scotland. People will be asking if we have a future in Britain."
His point is an interesting one. Look at who is driving the Unionist cause in Scotland right now. The bedrock of the No campaign is the Labour voter, as the Tories and Lib Dems are in short supply there.
If Labour tanks in the European Parliament elections, we may well expect the Labour share of the vote to drop north of the border. If Farage comes first, then all eyes will turn to Edinburgh. It could well be a significant blow to the No campaign. So when the Sunday night Euro election scoreboard comes round, have a good long look.
If England is being won by UKIP and Scotland is being won by the SNP, then there is no more fertile breeding ground for a Nationalist Yes to Scottish independence.
It's something much of Westminster may not have woken up to yet.
I'm not familiar with the model and mechanics you refer to but it looks like it is forecasting a better result next time than last. This seems interesting to say the least.
The government's done a respectable job with a very difficult inheritance and the Opposition doesn't have a Scooby. qv 1983.
Oh I agree. Just the numbers don't indicate a better result for Conservatives than last time. Like I said I don't understand the model, I just find it intriguing.
There are two main features of the model.
1. Approval of the Prime Minister is the best measure of how happy the electorate are with the Prime Minister compared to the alternatives on offer.
2. The electorate have a memory of how happy they were with previous Prime Ministers of either party, but this memory decays with time.
So the reason that the Tories will do better in the next election under this model, compared to the previous election is that:
(a) Enough of the electorate approve of the Prime Minister.
(b) The electorate's happy memories of the early Blair years are fading, but they remember what it was like post-Iraq and with Gordon Brown as Prime Minister all too well.
One of the interesting things about the next election is that at the moment the L&N model is making different predictions to Rod's successful swingback theory - based on averaging the by-election swings in the Parliament and swinging back a bit to the Government.
I'm looking forward to see if they still differ in 2015, and which one turns out to be most accurate in that case.
I came back and saw the Opinium poll for the Euros: Opinium Research @OpiniumResearch 1h Our latest #EU'14 results UKIP have a two point lead over Lab while the Tories remain in 3rd, LibDems slip to just 7% http://bit.ly/1nIPqeu :^D
Then I saw the ipsosMori poll with a 4% drop for UKIP, but even more bizarre a 5% swing to the Greens. :^C
That latter poll must be an outlier as it doesn't correspond to any other poll we've see recently.
I think the pollsters have got their knickers in a twist and the UKIP surge is confounding all of them but especially ipsos and Populus.
Well, the increase inthe Green vote has been seen in more than one poll, and it appears to be a net move of 2010 Lib Dems from Labour to Greens.
In the commentary MORI say that the decline for UKIP reflects the bursting of their post-debate bubble - it is possible that the timing of the previous MORI poll made it a slight UKIP outlier in the other direction, and this poll is just a slight over-correction downwards. It's hard to tell just looking at a monthly poll.
Let's put it this way: if you are a Shadsy fan (and who isn't here at PB?) then it it very obvious that Shadsy is following the Scottish sub-samples very, very closely. There is no other way to explain his "SNP More Votes Than Labour" price of 1/4.
I'm not familiar with the model and mechanics you refer to but it looks like it is forecasting a better result next time than last. This seems interesting to say the least.
The government's done a respectable job with a very difficult inheritance and the Opposition doesn't have a Scooby. qv 1983.
Oh I agree. Just the numbers don't indicate a better result for Conservatives than last time. Like I said I don't understand the model, I just find it intriguing.
There are two main features of the model.
1. Approval of the Prime Minister is the best measure of how happy the electorate are with the Prime Minister compared to the alternatives on offer.
2. The electorate have a memory of how happy they were with previous Prime Ministers of either party, but this memory decays with time.
So the reason that the Tories will do better in the next election under this model, compared to the previous election is that:
(a) Enough of the electorate approve of the Prime Minister.
(b) The electorate's happy memories of the early Blair years are fading, but they remember what it was like post-Iraq and with Gordon Brown as Prime Minister all too well.
One of the interesting things about the next election is that at the moment the L&N model is making different predictions to Rod's successful swingback theory - based on averaging the by-election swings in the Parliament and swinging back a bit to the Government.
I'm looking forward to see if they still differ in 2015, and which one turns out to be most accurate in that case.
I came back and saw the Opinium poll for the Euros: Opinium Research @OpiniumResearch 1h Our latest #EU'14 results UKIP have a two point lead over Lab while the Tories remain in 3rd, LibDems slip to just 7% http://bit.ly/1nIPqeu :^D
Then I saw the ipsosMori poll with a 4% drop for UKIP, but even more bizarre a 5% swing to the Greens. :^C
That latter poll must be an outlier as it doesn't correspond to any other poll we've see recently.
I think the pollsters have got their knickers in a twist and the UKIP surge is confounding all of them but especially ipsos and Populus.
Well, the increase inthe Green vote has been seen in more than one poll, and it appears to be a net move of 2010 Lib Dems from Labour to Greens.
In the commentary MORI say that the decline for UKIP reflects the bursting of their post-debate bubble - it is possible that the timing of the previous MORI poll made it a slight UKIP outlier in the other direction, and this poll is just a slight over-correction downwards. It's hard to tell just looking at a monthly poll.
@OblitusSumMe You may well be right but I just don't buy it. Something smells to me and my twitching nose is seldom wrong. Except when I bet on the gee gees.
I must say that Greens on 8% is a bit terrifying - I was happy when Lucas won because I thought a multi-party parliament would be good for democracy - But she's causing havoc.
"Two Hungarian men have been jailed for their part in a large scale human trafficking ring which saw victims lured to Kirklees and forced into near slavery.
Heckmondwike-based Janos Orsos, 43, was sentenced to five years behind bars for masterminding the sophisticated scam in which fellow countrymen were paid as little as £10 per week for working up to 100 hours."
"Workers lived in accommodation in Ravensthorpe, Batley, Heckmondwike and Bradford. Up to 50 men were kept in a single Batley house."
The political class' version of reality is a total lie but only a minority know it.
That sounds like the sort of thing you hear from alien conspiracists that somehow they know some special truth that is being kept from ordinary folk in the interests of the authorities. It's loopy loo.
"were paid as little as £10 per week for working up to 100 hours."
"Up to 50 men were kept in a single Batley house."
How many houses like that would it take to make every single government statistic bogus?
I must say that Greens on 8% is a bit terrifying - I was happy when Lucas won because I thought a multi-party parliament would be good for democracy - But she's causing havoc.
Mainly because she is an attention seeking moron with the political skills of a paramecium
Anyone who wants to surf the Green tide should note that they are available at 25/1 in Norwich South with Paddy Power, where in theory they require only an 7.3% swing to take the seat.
I came back and saw the Opinium poll for the Euros: Opinium Research @OpiniumResearch 1h Our latest #EU'14 results UKIP have a two point lead over Lab while the Tories remain in 3rd, LibDems slip to just 7% http://bit.ly/1nIPqeu :^D
Then I saw the ipsosMori poll with a 4% drop for UKIP, but even more bizarre a 5% swing to the Greens. :^C
That latter poll must be an outlier as it doesn't correspond to any other poll we've see recently.
I think the pollsters have got their knickers in a twist and the UKIP surge is confounding all of them but especially ipsos and Populus.
Well, the increase inthe Green vote has been seen in more than one poll, and it appears to be a net move of 2010 Lib Dems from Labour to Greens.
In the commentary MORI say that the decline for UKIP reflects the bursting of their post-debate bubble - it is possible that the timing of the previous MORI poll made it a slight UKIP outlier in the other direction, and this poll is just a slight over-correction downwards. It's hard to tell just looking at a monthly poll.
@OblitusSumMe You may well be right but I just don't buy it. Something smells to me and my twitching nose is seldom wrong. Except when I bet on the gee gees.
Who is your fancy for the Derby ? Reckon Australia is as good as O 'Brian seems to think he is ?
& Wasn't "Night of Thunder" just such an obvious long odds pick in hindsight for the Guineas !
ToryJim - not a big fan of this debate, However, without trying to sound too much like a lad - I think that given the context that the scorn poured on lads mags compared to pg 3 is the wrong way round
This fall in UKIP support must give OGH renewed hope of landing his 56/1 bet on the Tories topping the Euro vote. Incidentally the Blues are currently best priced with Bet365 at 8/1.
I must say that Greens on 8% is a bit terrifying - I was happy when Lucas won because I thought a multi-party parliament would be good for democracy - But she's causing havoc.
Mainly because she is an attention seeking moron with the political skills of a paramecium
As the sole MP of a niche party, attention seeking is a vital political skill. She's done more to keep the Greens and their issues in the news than the party 'leader' Natalie Bennett.
I'm not familiar with the model and mechanics you refer to but it looks like it is forecasting a better result next time than last. This seems interesting to say the least.
The government's done a respectable job with a very difficult inheritance and the Opposition doesn't have a Scooby. qv 1983.
Oh I agree. Just the numbers don't indicate a better result for Conservatives than last time. Like I said I don't understand the model, I just find it intriguing.
There are two main features of the model.
1. Approval of the Prime Minister is the best measure of how happy the electorate are with the Prime Minister compared to the alternatives on offer.
2. The electorate have a memory of how happy they were with previous Prime Ministers of either party, but this memory decays with time.
So the reason that the Tories will do better in the next election under this model, compared to the previous election is that:
(a) Enough of the electorate approve of the Prime Minister.
(b) The electorate's happy memories of the early Blair years are fading, but they remember what it was like post-Iraq and with Gordon Brown as Prime Minister all too well.
One of the interesting things about the next election is that at the moment the L&N model is making different predictions to Rod's successful swingback theory - based on averaging the by-election swings in the Parliament and swinging back a bit to the Government.
I'm looking forward to see if they still differ in 2015, and which one turns out to be most accurate in that case.
Cheers for the explanation. Makes some sense.
Slightly more accurately
i) PM approval (adjusted for the two-party vote) turns out to be the best proxy for predicting governing party performance at the next election. Cameron's ratings are historically high, and this month's 39/65 = 60% is an extraordinarily good score. Over 50% almost invariably leads to re-election, at least in terms of the PV.
ii) There appears to be an auto-regressive component to British elections. Usually a party, once installed, can look forward to 2-3 terms before being ejected. A particularly good or bad PM, judged by the score in i) can peturb that cycle. But the deeper into the cycle, the better a PM must do to prevent the natural swing of the pendulum from asserting itself...
I came back and saw the Opinium poll for the Euros: Opinium Research @OpiniumResearch 1h Our latest #EU'14 results UKIP have a two point lead over Lab while the Tories remain in 3rd, LibDems slip to just 7% http://bit.ly/1nIPqeu :^D
Then I saw the ipsosMori poll with a 4% drop for UKIP, but even more bizarre a 5% swing to the Greens. :^C
That latter poll must be an outlier as it doesn't correspond to any other poll we've see recently.
I think the pollsters have got their knickers in a twist and the UKIP surge is confounding all of them but especially ipsos and Populus.
There's none so blind as those that will not see.
Do you think this poll is the start of a ukip downturn then?
I don't know. I hope so. I was being critical of dismissing something out of hand because it doesn't match a person's worldview. See also: Cybernats.
BTW, are the Tories' prospects of winning the 2015 GE in direct proportion to the level of posting activity on PB.com which by my reckoning has shot up over recent days?
This fall in UKIP support must give OGH renewed hope of landing his 56/1 bet on the Tories topping the Euro vote. Incidentally the Blues are currently best priced with Bet365 at 8/1.
£10 @ 9.6 is available on Betfair - that beats 365 after commission.
An acquaintance tells me that Doncaster's white community is very divisive for the town....(Doncaster whites being people from there who support Leeds United).
Anyone who wants to surf the Green tide should note that they are available at 25/1 in Norwich South with Paddy Power, where in theory they require only an 7.3% swing to take the seat.
There are sillier bets out there.
Hmm ...... unlikely, but this could prove a profitable trading bet if and when Betfair ever enters the constituency betting fray. They really are fairly hopeless in terms of covering political markets.
That said, does anyone believe Hillary Clinton could be a good lay with the exchange firm at odds of around 1/2 in terms of her winning the Democratic nomination in 2016 following recent concerns expressed about her health, albeit from the GOP.
This fall in UKIP support must give OGH renewed hope of landing his 56/1 bet on the Tories topping the Euro vote. Incidentally the Blues are currently best priced with Bet365 at 8/1.
£10 @ 9.6 is available on Betfair - that beats 365 after commission.
Could be OGH trying to cash in he 57.0, you never know.
This fall in UKIP support must give OGH renewed hope of landing his 56/1 bet on the Tories topping the Euro vote. Incidentally the Blues are currently best priced with Bet365 at 8/1.
£10 @ 9.6 is available on Betfair - that beats 365 after commission.
Indeed it does, but only marginally: Betfair's 9.6 = 8.17/1 net in old money. Handy for trading out of though.
This fall in UKIP support must give OGH renewed hope of landing his 56/1 bet on the Tories topping the Euro vote. Incidentally the Blues are currently best priced with Bet365 at 8/1.
£10 @ 9.6 is available on Betfair - that beats 365 after commission.
Could be OGH trying to cash in he 57.0, you never know.
I've cashed out my 60/65 on the Tories and switched to backing Labour. 3/1+ is too big for a party only 2 behind in the polling. I anticipate squaring everything off though.
Chance of Tory vote lead: 100.0% Chance of a Tory seat lead: 99.9%
Chance of a Hung Parliament:13.8% Chance of a Tory majority: 86.2% Chance of a Labour majority: 0.0%
A large shift to the Tories, odds-on for a majority for the first time since January 2012. Now of course it's just one poll, although the L&N model does takes account of poll variation.
Dire for Labour...
Very interesting, can I ask three questions:
1. why have you based this forecast on the MOri poll rather than ICM (which people, rightly or wrongly, regard as the "Gold Standard")? 2. What were the figures from last month? I appreciate you probably posted them but I am not on here all the time so would be really grateful if you could post the comparators. 3. I would also really appreciate some indicator of spread around the central forecast.
Thanks very much
1) In 2010 they used MORI, although in 2005 they used an average of MORI, YouGov and ICM. So a fair point. If anyone wishes to point out where I can find 'PM approval' figures other than MORI, I'll try and incorporate them.
2) Last month, the central forecast was a Tory 7.4% vote lead, 59 seat lead, 38% chance Tory majority, 62% HP, other figures virtually no different.
3) Around a 30-seat seat lead standard deviation, 1.75% vote lead standard deviation.
This fall in UKIP support must give OGH renewed hope of landing his 56/1 bet on the Tories topping the Euro vote. Incidentally the Blues are currently best priced with Bet365 at 8/1.
£10 @ 9.6 is available on Betfair - that beats 365 after commission.
Could be OGH trying to cash in he 57.0, you never know.
I've cashed out my 60/65 on the Tories and switched to backing Labour. 3/1+ is too big for a party only 2 behind in the polling. I anticipate squaring everything off though.
Looks like good thinking to me TP especially if there is late support for Labour sensing something of a recovery by the Tories. Plus of course any such recovery is likely to be principally at the expense of UKIP, thereby indirectly aiding Labour!
If Dave is going to win he needs the left to resplit and ex-LD voters to drift away from Labour (and to the Greens is just fine). He also needs UKIP to stop poaching the Tory core vote (but doesn't care - in fact positively - encourages UKIP poaching from Labour). We're starting to see evidence that both of these things are happening.
@GuidoFawkes: Lab: "Chief Whip has made it clear to Austin Mitchell this tweet was unacceptable. He has now apologised for an obvious error of judgement."
@GuidoFawkes: Oh dear. Austin Mitchell tells Huffpo he won't apologise. Labour spokesman says he has.
ITV4 - LIVE EUROPA LEAGUE FINAL (ko 7.45) - The showpiece match at the Juventus Stadium in Turin, where Juventus or Benfica take on Valencia or Sevilla (Radio times)
Prices for Con in Newark all contracting,the 2-7 on Betfair is approaching the true price so the 4-9 generally available by the books still represents value.
The Scottish sub sample would see the Tories gaining Berwickshire from the Libs and Dumfries and Renfrewshire East from Labour, but losing out to the SNP in Argyll, Fife, Aberdeenshire West and parts of Ayrshire and Edinburgh. Surely Lab can't slump to 22 in Scotland?!
Prices for Con in Newark all contracting,the 2-7 on Betfair is approaching the true price so the 4-9 generally available by the books still represents value.
Prices for Con in Newark all contracting,the 2-7 on Betfair is approaching the true price so the 4-9 generally available by the books still represents value.
For those punters who believe the Greens have somehow magically and in no time at all doubled their share of the vote, which I most assuredly do not, then Brighton Pavilion is surely the place to invest where those nice people at both Ladbrokes an Paddy Power will offer you evens on Ms Lucas retaining her seat.
Comments
Or does it just reflect badly on the shower he's up against?
How much more can they go?
(Central forecast)
Con vote lead 10.0%
Con seat lead 100 seats
(10000 Monte Carlo simulations)
Chance of Tory vote lead: 100.0%
Chance of a Tory seat lead: 99.9%
Chance of a Hung Parliament:13.8%
Chance of a Tory majority: 86.2%
Chance of a Labour majority: 0.0%
A large shift to the Tories, odds-on for a majority for the first time since January 2012. Now of course it's just one poll, although the L&N model does takes account of poll variation.
Dire for Labour...
So: the value IMO is on the low side of at least one of those bets. I would guess Labour.
1. why have you based this forecast on the MOri poll rather than ICM (which people, rightly or wrongly, regard as the "Gold Standard")?
2. What were the figures from last month? I appreciate you probably posted them but I am not on here all the time so would be really grateful if you could post the comparators.
3. I would also really appreciate some indicator of spread around the central forecast.
Thanks very much
It's not mirrored by any previous/subsequent polls.
Westminster VI, UKIP.
Ashcroft: 15%, ICM: 15%, IPSOS 11%, YouGov 14%, YouGov 15%.
http://en.wikipedia.org/wiki/Opinion_polling_for_the_next_United_Kingdom_general_election#2014
It's a bit daft to take a model and use it in a context it was never designed for.
http://www.dcern.org.uk/documents/LeboandNorpothForecast2010.pdf
http://www.researchgate.net/publication/231982539_The_PM_and_the_Pendulum_Dynamic_Forecasting_of_British_Elections/file/3deec52c594e893d0e.pdf
As for your last question... don't be so bloody insulting. It's all in a spreadsheet that only I understand, anyhow! (^_-)
Stan James, yet again, have suspended all their constituency prices.
"Exactly" any of those percentages isn't very likely with several million votes.
Greens above/below 7%
Lib Dems above/below 9%
Conservatives above/below 24%
Labour above/below 27%
although (edit)
It could lead to a bit of controversy if, say UKIP get 28.9%.. every media outlet would report it as 29% and you would settle it under 29% as a winner, and over as a loser... 28.5% would make more sense I think, it is more usual to be under over in that way
Customer service would be fielding angry calls
SNP 1/4
Labour 11/4
UKIP 100/1
Conservatives 100/1
Greens 200/1
"Time will tell, but one smaller consequence will be that if a coalition does rule Britain beginning in 2010 it will make the forecasting process a much different exercise in the future."
Main problem being that if the Government is a Coalition you can't model elections as a simple pendulum between Government and Opposition. The simple two-body problem has now become a three-body problem.
But I have always accepted your substantive point, in any case. I just thought political sophisticates on a site like this might wish to know what the model is saying, before we get to its final forecast...
Btw, who can say for certain there won't be an election...in three months time?
I'll stop, if you like.
(^_-)
http://www.wakefieldexpress.co.uk/news/local-news/update-men-from-dewsbury-and-heckmondwike-jailed-for-human-trafficking-1-6615353
"Two Hungarian men have been jailed for their part in a large scale human trafficking ring which saw victims lured to Kirklees and forced into near slavery.
Heckmondwike-based Janos Orsos, 43, was sentenced to five years behind bars for masterminding the sophisticated scam in which fellow countrymen were paid as little as £10 per week for working up to 100 hours."
"Workers lived in accommodation in Ravensthorpe, Batley, Heckmondwike and Bradford. Up to 50 men were kept in a single Batley house."
The political class' version of reality is a total lie but only a minority know it.
Westminster voting intention - Scotland
(+/- change from UK GE 2010)
SNP 39% (+19)
Lab 22% (-20)
Con 19% (+2)
LD 9% (-10)
UKIP 5% (+4)
Grn 4% (+3)
https://docs.google.com/viewer?url=http://www.ipsos-mori.com/Assets/Docs/Publications/sri-politicalmonitor-may2014-tables-WR.pdf
Opinium Research @OpiniumResearch 1h
Our latest #EU'14 results UKIP have a two point lead over Lab while the Tories remain in 3rd, LibDems slip to just 7% http://bit.ly/1nIPqeu
:^D
Then I saw the ipsosMori poll with a 4% drop for UKIP, but even more bizarre a 5% swing to the Greens. :^C
That latter poll must be an outlier as it doesn't correspond to any other poll we've see recently.
I think the pollsters have got their knickers in a twist and the UKIP surge is confounding all of them but especially ipsos and Populus.
"When it happens," one Labour MP tells me, "you lot will all be looking in the wrong direction."
... "If Labour comes third," he tells me, "it will have a phenomenal effect in Scotland. People will be asking if we have a future in Britain."
His point is an interesting one. Look at who is driving the Unionist cause in Scotland right now. The bedrock of the No campaign is the Labour voter, as the Tories and Lib Dems are in short supply there.
If Labour tanks in the European Parliament elections, we may well expect the Labour share of the vote to drop north of the border. If Farage comes first, then all eyes will turn to Edinburgh. It could well be a significant blow to the No campaign. So when the Sunday night Euro election scoreboard comes round, have a good long look.
If England is being won by UKIP and Scotland is being won by the SNP, then there is no more fertile breeding ground for a Nationalist Yes to Scottish independence.
It's something much of Westminster may not have woken up to yet.
http://www.bbc.com/news/uk-politics-27397551
1. Approval of the Prime Minister is the best measure of how happy the electorate are with the Prime Minister compared to the alternatives on offer.
2. The electorate have a memory of how happy they were with previous Prime Ministers of either party, but this memory decays with time.
So the reason that the Tories will do better in the next election under this model, compared to the previous election is that:
(a) Enough of the electorate approve of the Prime Minister.
(b) The electorate's happy memories of the early Blair years are fading, but they remember what it was like post-Iraq and with Gordon Brown as Prime Minister all too well.
One of the interesting things about the next election is that at the moment the L&N model is making different predictions to Rod's successful swingback theory - based on averaging the by-election swings in the Parliament and swinging back a bit to the Government.
I'm looking forward to see if they still differ in 2015, and which one turns out to be most accurate in that case.
In the commentary MORI say that the decline for UKIP reflects the bursting of their post-debate bubble - it is possible that the timing of the previous MORI poll made it a slight UKIP outlier in the other direction, and this poll is just a slight over-correction downwards. It's hard to tell just looking at a monthly poll.
Ignore the Scottish polling at your peril
You may well be right but I just don't buy it. Something smells to me and my twitching nose is seldom wrong. Except when I bet on the gee gees.
"Up to 50 men were kept in a single Batley house."
How many houses like that would it take to make every single government statistic bogus?
Some of us kept on telling you that Labour's lead/Cannae were overrated and just not good enough.
Labour must be worried that the next election will be their Zama.
Ed Miliband = Hannibal.
There are sillier bets out there.
& Wasn't "Night of Thunder" just such an obvious long odds pick in hindsight for the Guineas !
i) PM approval (adjusted for the two-party vote) turns out to be the best proxy for predicting governing party performance at the next election. Cameron's ratings are historically high, and this month's 39/65 = 60% is an extraordinarily good score. Over 50% almost invariably leads to re-election, at least in terms of the PV.
ii) There appears to be an auto-regressive component to British elections. Usually a party, once installed, can look forward to 2-3 terms before being ejected. A particularly good or bad PM, judged by the score in i) can peturb that cycle. But the deeper into the cycle, the better a PM must do to prevent the natural swing of the pendulum from asserting itself...
http://www.newstatesman.com/media/2014/05/labour-mp-austin-mitchell-seems-call-pfizer-rapists-twitter
That said, does anyone believe Hillary Clinton could be a good lay with the exchange firm at odds of around 1/2 in terms of her winning the Democratic nomination in 2016 following recent concerns expressed about her health, albeit from the GOP.
Betfair's 9.6 = 8.17/1 net in old money. Handy for trading out of though.
2) Last month, the central forecast was a Tory 7.4% vote lead, 59 seat lead, 38% chance Tory majority, 62% HP, other figures virtually no different.
3) Around a 30-seat seat lead standard deviation, 1.75% vote lead standard deviation.
Oh, and the original paper can be downloaded from one of the links here..
http://scholar.google.co.uk/scholar?cluster=8741876153688807896&hl=en&as_sdt=0,5
Think I might follow you in there.
@GuidoFawkes: Oh dear. Austin Mitchell tells Huffpo he won't apologise. Labour spokesman says he has.
Lab 2.92
Con 3.9
Any betting advice will be accepted.
Surely Lab can't slump to 22 in Scotland?!
2/5 Labour
5/2 UKIP
10/1 Con
?
Does anybody still think CON won;t do it?
I read the tories haven;t won a by-election whilst in government in 25 years, so I guess the answer is yes!!