Bookies Place About 90% Chance on Brexit Rejection, Odds Show
The Brexit Debate: What Happens if the U.K. Leaves the EU
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Bookmakers and gamblers strengthened again in their conviction that the U.K. will opt to remain in the European Union, as Britain began voting Thursday on whether to remain a member or split from the 28-nation bloc.
Paddy Power Betfair Plc, Ireland’s largest bookmaker, said Thursday that the odds on a “Remain” vote had shortened to a 1/12 chance, indicating a 92 percent probability. Yesterday, odds showed a 77 percent chance. That pattern was mirrored across gambling firms.