Having triggered Article 50 which begins the process of withdrawal from the European Union, the UK now enters an unprecedented cycle in its politics, with Brexit negotiations likely to dominate all political agenda and discussion. Following PM Theresa May’s official triggering of Article 50 on the 29 March, all bookmakers have updated their respective political markets as the Conservative government …
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William Hill – Odds lengthen for March Article 50 triggering
Following yesterday’s decision by the UK Supreme Court that the UK government cannot trigger Article 50 without the consent of Parliament, bookmaker William Hill has lengthened its odds on the UK beginning its EU exit negotiations’ before the end of March, the target date specified by Prime Minister Theresa May. Updating its ‘Article 50 deadline’ market William Hill has moved …
Read More »High Court ruling shakes up Article 50 betting on Ladbrokes
Ladbrokes has confirmed that betting on Article 50 has been thrown into chaos after yesterday’s High Court intervention, which ruled that parliament must vote on whether the UK can start the process of leaving the EU. Following the ruling, Ladbrokes initially kept 2017 as the odds-on favourite for when the UK will invoke Article 50. However, it is now just …
Read More »Bookies’ Corner – The Brexit Fallout
The fallout from perhaps the most important political event for the UK in our lifetime has continued this week with Leave campaigner and former UKIP leader Nigel Farage stepping down. With David Cameron also having resigned, and Boris Johnson announcing he won’t be standing in the race for the next Prime Minister, the political betting markets have been in overdrive. In …
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