Betting Odds Indicate 67 Percent Chance of in Vote in Britain’s EU Referendum – Betfair

June 13, 2016 Share Print 0

The implied probability of a British vote to stay in the European Union fell to 67 percent on Monday, down more than 10 percentage points from last week, according to betting odds supplied by Betfair.

The implied probability of an In vote on June 23 fell to around 70 percent on Saturday after an opinion poll by ORB for The Independent newspaper showed the “Leave” camp was 10 points ahead of “Remain”.

Reuters

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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.