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Romney now a 90+ percent chance

March 30th, 2012

Should I cash out now?

Here’s a betting conundrum.

Over the months I’ve been trading on the Betfair Republican nominee market and am set to win a four figure sum if Mitt Romney makes it. If he doesn’t then I don’t lose a thing though my winnings on Santorum, Paul or Gingrich would be only about £100.

Given the ability to back and lay on Betfair I could cash in my entire Romney position now and ensure that, whatever happens, I get about 90% of the potential Romney winnings if I stayed in.

Is it worth it or should keep my betting as it is?

@MikeSmithsonOGH