SBC News Voice of the Sports Betting Industry
Lithuanian-Australian businessman and Member of the European Parliament Antanas Guoga (Tony Guoga) has challenged UKIP leader Nigel Farage to a €1 million bet on Britain remaining in the European Union.
Guoga the owner of European online betting operator Tonybet.com (Tonybet), made the challenge this morning as his firm declared that it would guarantee the best market price on LEAVE (BREXIT) outcome on the UK’s EU Referendum vote this Thursday 23 June.
Furthermore, so confident is Guoga on a victory that Tonybet will in addition guarantee £20 money-back for all ‘Leave’ punters should the ‘Remain’ outcome prevail.
Guoga one of Lithuania’s richest men and an advocate of free movement of goods and citizens within the European economic union, declared that he would personally wager a €1 million charity bet against Farage’s Leave Campaign.
In May, Farage personally wagered £1000 on a ‘LEAVE’ outcome at a UK bookmaker, claiming that the price-shortening in betting markets towards a UK BREXIT represented the general public’s feeling towards the debate.
Updating the market, Tonybet UK spokesman Warren Lush commented on the campaign:
“We have taken a very firm view that we think Remain will win so we want to attract as much business on Leave as possible. It really is a no-lose bet if you back Leave with us as there is money back up to £20 if it doesn’t happen.”
“We also intend to bet in-running during polling day during one of the biggest days in modern European history but we aren’t expecting any major swings. Our founder Tony G has gone on the record challenging Nigel Farage to a €1 million charity bet and saying that he would take any money in the world on Leave and the current management echo these sentiments. We are also willing to take a £1 million worth of action on Leave risk free for punters.”
“It is well known that betting markets are seen as a better indicator of what is happening than traditional opinion polls and we forecast the odds shortening on Remain but not with a dramatic swing. At the weekend we saw record levels of bets on the Brexit market so let’s see how it plays out.”
