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

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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 Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.
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