Staff Blogs

Wisdom of crowds says Liverpool will beat Fulham

April 3, 2009 by Mike Teasdale

Guardian logoThe Guardian has been running a regular feature where readers choose a bet on a sporting event and compete against a betting expert and a former sportsman.  This week for instance you can choose a bet for Fulham vs Liverpool on Saturday (with the people opting for a Liverpool win).


The running total is a nice illustration of the wisdom of crowds - each week a £10 bet is placed, and the results so far this season are:

The former pro - betting kitty £166

The expert - betting kitty £143.25

The people - betting kitty £186.59

So the people - voting each week for their preferred bet - are comfortably ahead.  

Of course the really wise thing would be to not bet at all - by my reckoning there have been about 30 £10 bets placed this season, which puts all three groups comfortably in loss making territory.  

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