SBC News Paddy Power pays out on Grexit market

Paddy Power pays out on Grexit market

grexit

Ahead of this Sunday’s Greek Euro Austerity Referendum, Paddy Power has announced that it has “paid out five figures” on Greece staying in the Eurozone.

The Irish bookmaker revealed that it had recorded 85% of wagers on its ‘Grexit’ market favouring Greece staying put in the Euro region. Paddy Power is set pay out winnings to punters three days ahead of the referendum and with many European pollsters suggesting that the results will go down to the wire.

Paddy Power who offered odds at 2/7 for a Greek Yes, has been supported by the London FTSE market who at present believe that Greece will vote in favour of staying in Europe and accepting further austerity measures and rejecting Prime Minister Alexis Tsipras No stance.

The operator did not disclose the sum of wagers placed on a Yes vote, however it detailed that the Grexit market had been one of its busiest political markets. Paddy Power had also been the first bookmaker to offer odds on Greece leaving the Eurozone.

Paddy Power’s Grexit market has now been closed.

Find out how Paddy Power’s sportsbook measured up on bettingexpert.

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