Shortest Odds on ‘in’ Since EU Vote Date Was Announced – Bookmaker

British bookmaker William Hill said on Monday it was offering an “In” vote at the shortest odds since the date of next month’s referendum on European Union membership was announced in February.

It said odds on “In” had shortened to 1/6, implying an 85 percent chance of the country deciding to remain in the EU, compared with 1/5 (83 percent) previously. “Out” was at the longest odds yet at 4/1 (20 percent) from 10/3 (23 percent).

On Feb. 20, the day the referendum date was confirmed, Hills offered 2/7 “In” and 5/2 “Out”.

Reuters

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Craig Erlam

Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam