A WEEK is a long time in politics they say, but then again we still don’t officially know the result of a US Presidential election held well over a month ago, and that has led to some squealing from shrewd punters who have tied up all their funds backing Joe Biden when he appeared past the post.

It’s free money, many of us reasoned, but that free money begins to look expensive when you either have to wait until the middle of December to collect or face the embarrassment of cashing in at the same price (or worse – Trump is a million to be called the winner of this election, but the market has become something more akin to a Bureau de Change than an assessment of chance, and he’s still trading at 18/1 purely due to market inertia).