Thursday, October 01, 2009

Today's example of the media not understanding the subject matter they write on goes to MSNBC's headline writer who wrote: "Bookies Favor Chicago in 2016 Vote"

Bookies don't favor either side, not in this contest or in any other contest. The odds that bookies establish reflect the preferences of the betting public. When a bookie says 'Chicago is favored', all they're doing is saying that more bettors are picking Chicago than the other candidates.