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10 July 2017
Bets on Brexit

News about bets on Brexit

A reader wrote in and asked about betting on Brexit.   It would appear that there was much activity on Brexit betting as indicated on the following report, which looks at the referendum voting: 

"The biggest single bet placed on Remain was 10 times larger than the biggest bet on Leave, according to bookmaker William Hill.

A woman in London placed the biggest Remain bet at £100,000 ($147,750) with odds of 2/5, which would yield a £40,000 profit if the gamble comes good.

Meanwhile, another London woman placed £10,000 ($14,750) on a Leave vote at odds of 11/4, potentially making a profit of £27,500. Remarkably, it was her first ever bet.

As a record voting turnout is expected, William Hill spokesman Graham Sharpe said the amount of betting for a political event had been unprecedented."

Our reader, however, is looking at the future and the results of negotiations that are currently taking place.   The matter is far from settled and Vince Cable MP said yesterday he has doubts about the UK leaving - see video below:

And now a question of balance - a look at what Nigel Farage said to the media.  For sometime media reports have been one-sided when it comes to Brexit - here's what Nigel Farage has to say about it:

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