This week has seen substantial alterations in the odds on a Brexit with the potential for a Leave vote reflected in the odds as they’ve moved from 3/1 to a 6/4 average across bookmakers. Jamie Loughead an Entertainment and Politics Trader at Star Sports discussed his views on the market’s fluctuation, and why he remains certain that Brexit won’t happen, with …
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Betfair states that Brexit will break £50m barrier
With ‘Remain’ currently trading at a 77% chance and with just 13 days to go, Betfair’s ‘Brexit’ market is set to trade £50 million and in doing so make political betting history. The EU referendum market has seemingly captured the attention of Betfair customers. There have been tens of thousands of individual trades ranging from £2 to £315,000 showing that …
Read More »Obama’s intervention sees Boris’ Brexit bashed by bettors
Despite the hubbub which preceded it the EU referendum campaign only officially got underway on Friday 15th April, but it was a certain US President’s input which has had perhaps the greatest effect on betting. Barack Obama issued something of a warning regarding the difficulty of trade deals between the US and Britain should Brexit go ahead. He stated that deals would …
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