Brexit: Bookies are betting on Remain

Britain votes on crucial Brexit referendum

GN Bureau | June 23, 2016


#Diplomacy   #Europe   #Britain   #Brexit   #Economy  


Thursday’s Brexit referendum has generated high passions, dividing people not only of Britain but across the world. Will Britain ‘remain’ part of the European Union or ‘leave’ it? The results of the vote will be out in 24 hours, but the bookies are betting on the ‘remain’ option to win.

There have been numerous opinion polls, but on the whole the picture is not clear, with the margin between the two options remaining quite narrow in all of them. Thus, the bookies’ bet is rather surprising.

Ladbrokes, a leading online betting portal, has a “betting outcome barometer based on live odds”, which predicts a whopping 76 percent votes in favour of ‘remain’. On Thursday morning, as people queued up for the vote, the going rates on Ladbrokes were 3/1 for ‘leave’ and 4/1 for ‘remain’.  [The lower rate (3) means higher odds.]

Puzzled about Brexit? Here’s a primer: All about Brexit

Comments

 

Other News

Tier-2 cities lead India’s digital credit push

Digital payments have become a reflex for urban India, but the confidence earned in paying has not yet carried over to borrowing. That is the central finding of `How Urban India Pays Report 2026`, released by Pahlé India Foundation in collaboration with Amazon Pay. Based on a survey of 5,149 consu

India calls for doubling bilateral trade with UK by 2030

Commerce and industry minister Piyush Goyal has called upon businesses in India and the United Kingdom to translate the opportunities created by the India-UK Comprehensive Economic and Trade Agreement (CETA) into expanded trade, investment, partnerships and job creation. Addressing the Bu

Gandhian movement after Gandhi failed: Ram Guha

The Gandhian movement in India, after Gandhi’s death, failed, says Ramachandra Guha, and blames Vinoba Bhave for it. But the movement found new, fertile grounds around the world and succeeded in bringing about a change in South Africa, the US and elsewhere. It is high time it returned home. Of cour

When religion, politics and Bollywood come together

Tavleen Singh, noted journalist and political commentator, has turned to fiction, with her debut novel ‘The Actor’ (HaperCollins India). Set in the near future, it has a superstar, Amit Singh, turning to politics, when the political landscape is dominated by prime minister Guru Gaynendraj

Cabinet approves setting up of Integrated Transport & Logistics Authority

The union cabinet, chaired by prime minister Narendra Modi, on Tuesday approved the setting up of a Special Purpose Vehicle (SPV), called Integrated Transport & Logistics Authority (ITLA), to strengthen research, planning, appraisal, monitoring and impact assessment within the broad domains of Transp

Why foundational literacy and numeracy is key to school education

Foundational Literacy and Numeracy (FLN) are often described as the building blocks of education. Yet, their significance goes well beyond a child’s ability to read a sentence, write a response or solve a basic mathematical problem. These foundational skills shape how children understand the world,

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter