Support for the UK to remain part of the European Union has increased significantly in the past week with that outcome now a $1.27 likelihood.
- 63% of wagers backing UK to remain part of the European Union.
- Odds of remaining in the EU move in from $1.46 to $1.27.
- Exiting the EU pushed from $2.51 out to $4.00.
Online bookmaker sportsbet.com.au is now offering odds of $4.00 that the UK will exit the Union – with only 37% of wagers backing that sentiment.
Leaving the EU was once as large as $5.50 and at one time even considered the $1.71 favoured result.
“With the residents of the UK about to take to the polls, what once looked like a close result appears to have swung to a more straight forward decision according to the punters,” said sportsbet.com.au’s Will Byrne.
Market courtesy of sportsbet.com.au
UK EU Referendum Result
$1.27 The UK will remain part of the EU (in from $1.46)
$4.00 The UK will leave the EU (out from $2.51)