Fancy a bet on George Osborne's tie?
As George Osborne delivers his emergency Budget speech, why not try a few side bets to claw back some of the money he'll no doubt be taking off you?
Tomorrow, George Osborne will deliver his emergency Budget speech. And doubtless, quite a few of us will feel poorer as a result of the measures needed to claw back Britain's huge budget deficit. However, just because he'll likely be delivering a gloomy message, that doesn't have to stop you from having a bit of fun and making some money too.
At paddypower.com, the UK budget specials part of the political bets section of the website allows you to bet on all kinds of budget-related facts.
Think Osborne will wear a purple tie? Fixed odds of 10/1 mean you'll get £110 back for a £10 bet (£100 plus your original stake). Or perhaps you think he'll only need two sips of water during the entire speech he's bound to be a little nervous after all. In which case odds of 3/1 are currently on offer.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
- Spread betting The easy way to geared, tax-free returns
- Forex trading- How to profit from currency movements
Of course one of the favourite bets traditionally is the length of the speech. That's trickier to gauge for a new boy. At the moment anyone thinking it will last between 51 and 55 minutes can get odds of 2/1.
And let's hope it doesn't last much longer than that the longer he talks the bigger the list of budgetary nasties he is likely to inflict.
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
Tim graduated with a history degree from Cambridge University in 1989 and, after a year of travelling, joined the financial services firm Ernst and Young in 1990, qualifying as a chartered accountant in 1994.
He then moved into financial markets training, designing and running a variety of courses at graduate level and beyond for a range of organisations including the Securities and Investment Institute and UBS. He joined MoneyWeek in 2007.
-
Energy bills to rise by 1.2% in January 2025
Energy bills are set to rise 1.2% in the New Year when the latest energy price cap comes into play, Ofgem has confirmed
By Dan McEvoy Published
-
Should you invest in Trainline?
Ticket seller Trainline offers a useful service – and good prospects for investors
By Dr Matthew Partridge Published