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Questions, questions...

ALEX Salmond is a betting man and a keen student of the odds.

Hence his willingness to offer two constitutional options in the referendum in 2014/15: independence, and fiscal autonomy or “devo max”.

Of course, Salmond would like Scotland to go for independence direct, but the SNP would be satisfied if the Scots were to opt for a form of federalism, giving Scotland full economic powers but leaving non-nuclear defence, currency and foreign affairs with Westminster. This would be a major step towards independence. So, Salmond wins even if he loses.