"Online betting site, sportsbet.com.au said one punter who placed $200,000 on Ms Gillard to win on odds of $1.11 at 6pm today, upped his bet to $300,000 10 minutes later on odds of $1.08."
That's not punting. That's a rich person showing his/her absolute stupidity towards mathematics and showing no value for money. Why would you punt $300k to make $24k on an 8c movement?
I'm sure even our ASX could return better than that on Monday! Could've 'punted' $300k on LYC last week and made better money, guaranteed LOL
