Michael Gove has today insisted that the UK will leave the EU this month but the latest odds from William Hill suggest otherwise. It is 3/10 (77%) that the UK is still a member of the EU on 1st November and 5/2 that the UK has left.
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It has been another difficult day for the Prime Minister after his vote was postponed and William Hill are now 1/3 that Article 50 will be extended after the October 31st deadline. Whilst it is 5/2 that the Deal is passed and the UK leave the EU on the 31st with a deal in place.
William Hill have cut the price of the Boris Johnson deal getting through Parliament from an original 9/4 to 5/4, although it is 4/7 to fail.
Time is no longer on Boris Johnson’s side and as a result the odds of a 2020 General Election, rather than 2019, have plummeted overnight from 5/4 to 8/11.
It has been a good few days for Boris Johnson and the chances of his team delivering a Brexit deal appear to have increased. Hills are now 1/8 (88%) that the UK leaves the EU in 2019 with an agreement in place, article 50 extended or article 50 revoked.
Bookmakers William Hill can report significant support for Nigel Farage’s Brexit Party to win the most seats at the European Parliament Elections in May. As a result they are 11/10 from 2/1 to win the most seats will Labour just ahead at 10/11. The Conservative party are a distant 9/1.
The latest odds suggest that there is a 96% chance (1/25) that we will see Article 50 extended beyond the 12th of April.
William Hill have cut the price of a second EU Referendum today from 7/4 to 11/8 after a succession of bets. Meanwhile the next Conservative leader betting is getting very lively with Michael Gove popular at 5/2 and, at a bigger price, Dominic Raab has been cut from 12/1 to 8/1.
British bookmaker William Hill are offering 2/1 that Theresa May will no longer be PM on Monday April 1st, although it is 4/11 she is still in place. Meanwhile, reports of a possible cabinet coup have caused a stir in the next Prime Minister betting with both Michael Gove and David Lidington very well backed. They are currently 11/4 joint favourites, David Lidington started the weekend as a 12/1 outsider, with Michael Gove 4/1.