Referendum Biggest Political Betting Event Ever?
POLITICAL PUNTERS SET TO BET MORE ON REFERENDUM THAN GENERAL ELECTION
Bookies William Hill believe that more will be gambled on the outcome of the Scottish Independence Referendum than any previous British political event, including General Elections.
'We have already taken almost a million pounds on the Referendum outcome and our total turnover on the last General Election in 2010 was no more than one a half million.' said Hill's spokesman Graham Sharpe, 'The Referendum market has definitely exceeded expectations, particularly with two six-figure bets - one for £200,000 and the other a record for a political bet of £400,000- already struck.'
Hills expect the Scots to turn out in force to vote in September and offer 8/11 that the percentage turnout will be 70% or more, with under 70% an Even money chance.
Although Hills now offer 1/6 that the Scots will vote NO in the Referendum, and 7/2 YES, they say that in terms of the number of individual bets placed online, 56% have been on a No vote, 44% for Yes.
William Hill offer 8/15 that Scotland's official currency will remain Sterling should they become indepedent, 7/2 that a totally new currency will be introduced, 4/1 that the Euro is adopted.