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Brokered convention speculation cools down

February 14, 2008

Punters start to shift away from the possibility of a brokered convention

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Bettors have begun to move away from the possibility of a brokered convention with the price falling to 15-17.5. This is an intelligent move since even if it isn’t decided by the March primaries there is no way that the Democratic hierachy could gamble on a repeat of 1968. However, given that this is the last chance for Hillary Clinton I would still say that there was a 15% chance of a brokered convention, so if things fall further the contract might become good value.

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