Brexit Betting Odds
With Brexit now more uncertain than ever before, many punters are looking to ‘cash in’ by placing bets on what event they believe will happen. There are, today, a number of possibilities when it actually comes to Brexit – and on this page, we’re going to be taking a look at some of the main Brexit bets you’re likely to come across online.
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Brexit Betting: Popular Bets
As a general rule of thumb, there are a few main Brexit bets you’ll find online. Let’s take a look at these below.
Will The UK Leave On X Date? Brexit Date Odds
With the UK constantly getting extensions from the European Union, the actual date which Brexit is meant to happen changes regularly. However, when a new date is announced, bookies will allow you to bet on whether you think the UK will actually leave on this date. For example, the current date which they’re meant to leave is the 31st October 2019 – so you’d find yourself able to bet on whether or not this would be the case.
Will Article 50 Be Revoked?
This is a slightly different approach to Brexit betting – and rather than predicting when or how the UK will leave the European Union, you’re instead betting on whether you believe Article 50 will be revoked. Article 50 is the legal framework for the UK to actually leave the European Union – so, if it was to be revoked, then the UK would essentially stay in the EU. It’s worth pointing out that all ‘Will Article 50 Be Revoked’ bets are only valid until the end of the year.
Second Referendum Odds
The ‘remain’ stance is that, while the country did vote to leave the European Union, the method of leaving wasn’t voted for. Because of this, some people believe that a second referendum – also known as ‘The People’s Vote’ – should take place. This would enable voters to choose the type of Brexit that should happen. There would also likely be an option to remain in the European Union on the ballot paper too. Most bookies now offer odds on a second referendum, and it’s looking more and more likely that we’ll see the UK having a second referendum. Best second referendum odds gives Betfair -14/1 (14).
No Deal Brexit Betting Odds
A no deal Brexit was – when Boris Johnson came into power – looking increasingly likely. However, recently, a law was passed that aims to prevent a no deal Brexit. That being said, bookies still offer odds on the scenario – and who knows; if other countries within the EU are unwilling to give the UK more extensions, a no deal Brexit could become more likely. A no deal Brexit would have a number of consequences (be it good or bad), and for example, the Horizon 2020 Brexit would likely be affected. Betfair gives 5.00 for no deal, Unibet 4.5 no deal brexit betting odds.
Brexit Betting Markets and Brexit Bookmakers
You’ll find quite a few different Brexit betting markets at bookies online – and if you’re interested in having a punt, then all you really need to do is find a bookie that’s offering these types of bets and create an account. However, knowing which bookie to bet with can be tough – so in this section of our post, we’re going to be taking a look at some of the ways to find reputable bookmakers offering a comprehensive selection of Brexit betting opportunities.
Of course, your best bet is probably to choose a UK-based bookmaker. WilliamHill, for example, are known for offering one of the largest Brexit prediction market. They’re also known for offering quite a strange selection of Brexit odds. We made best bookmakers in uk rating, so you can choose best brexit bookmakers and find best brexit betting odds.
For example, one of their most popular Brexit bets is ‘What Will The UK Government Officially Ration First In 2019.’ This is clearly in the result that a no-deal Brexit occurs. The favourite to be rationed is fuel – currently priced at 4/1 (4.00) – but there are some interesting bets here too. For example, Magnum Ice Creams are priced at 100/1 (100) , and even Prosecco makes an appearance, coming in at 125/1 (125)!
The other major UK bookmakers brexit all also offer a substantial selection of Brexit odds. However, if you’re looking for the kind of novelty bets that we just looked at, then WilliamHill are your best bet. They also take ‘Request-A-Bet’ bets too, which allows you to ask for odds on your own personal bet idea.
Other UK Politics Betting
Most bookies in the UK offer a fairly generic selection of political betting options for you to take advantage of. For example, the most commonly-seen of these is whether a General Election will take place before the end of the year. You can also bet on the year of the next General Election, with 2021 currently priced at 50/1 (50). Could there be some value there?
An interesting bet currently available at the moment is who the next House of Commons Speaker will be. The favourites include Lindsay Hoyle, Harriet Harman and Rosie Winterton – although Chris Bryant, Charles Walker and Eleanor Laing are also up there as contenders.
Another bet – which caught our eye – is ‘Which of these will be privatized first in 2019’. This is a bet offered by WilliamHill (in this bookie you can find best british politics odds), and the selections include the Ordnance Survey, Network Rail, NATS Holdings, the Post Office, the BBC and The Royal Parks.
As you can see, there are a wide variety of different Brexit and political bets for you to have a punt at. One thing we would say is that it’s recommended that you have a quick look through some of the bet’s terms and conditions. This is because political bets especially offers have maximum time-frames or other terms associated with them. For example, some bets may become void in certain scenarios – so it’s just always having a quick read to make sure you don’t fall foul to anything like this.
The reality is no one knows what’s going to happen with Brexit. It could go either way – and with both sides fighting venomously for their position, it’s likely going to be a fight that will continue for a while longer yet!
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