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

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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

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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