2016 Postmortem
Related: About this forumLooks like the Comey sucker punch failed 538 shows 70+% is the bottom for Clinton
http://projects.fivethirtyeight.com/2016-election-forecast/If she holds at 70 in the next few days then the FBI interference has failed and no new dumps will make a difference
Coyotl
(15,262 posts)ProudToBeBlueInRhody
(16,399 posts)Awsi Dooger
(14,565 posts)Last edited Wed Nov 2, 2016, 02:34 PM - Edit history (1)
Prior to Comey, Nate Silver had Hilllary at 81%.
That 81% is the equivalent of a 9.5 point favorite in an NFL game. I am incorporating money line (straight up) relationship to the pointspread, based on charts and my 30+ years of experience.
So it's absurd to pretend there hasn't been a dramatic shift. If the odds plummeted on an NFL game from -9.5 to -4.5 in a few days, everybody in the wagering community would be scrambling to understand what happened. Or it could be very obvious. An injury to an elite quarterback replaced by a shaky backup could be worth 5 points adjustment in the spread, although normally it would be less than that.
On edit: Here is that NFL money line chart. It's a bit different than the one I use, but close enough after a quick online search. You'll notice that an edge of slightly above 4/1 (81%) equates to 9.5 point favoritism. Slightly above 3/1 (76%), which is where Nate moved the race after early Comey news drops matters to 7.5 point favoritism. Now the drop to 70%, which is slightly above 2/1, drops further. This is hardly linear. Losing 5 or 6% in a lower range is more significant. In my chart 70% is tight to 4.5 point favoritism. In the linked version it's closer to 5 point favoritism. I'll accept that. I researched win probability based on pointspread decades ago and came up with a homemade chart. Other versions may vary somewhat, but not significantly.
http://www.sportility.net/nfl/moneyline_points.html
There is juice on both sides. For a man to man price, which is what we're interested in, split the difference. For example, at -470 (470 to win 100) and +375 (100 to win 375) at 9.5 point favoritism, the no-juice middle would be slightly above 4/1 theoretical edge, which aligns with that 81% from Nate's site pre-Comey.
obamanut2012
(26,077 posts)trof
(54,256 posts)Election Betting Odds (bookies) has it 71.7 - 26.8
https://www.electionbettingodds.com/
I was in an absolute funk all weekend.
Response to Monk06 (Original post)
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StevieM
(10,500 posts)Comey and Chaffetz have successfully deceived the public with their violation of the Hatch Act.
I thought we had a chance of taking the House back. Now that is over. And the Senate will be close.
Hillary will still win, just not by as wide of a margin.