Gambling On Grexit Before Brexit
William Hill, who have now closed their betting markets on Greece being the first country to leave the Eurozone, for which they were 1/5 favourites, and to do so this year, for which they were 3/1, have now made the country 1/3 favourites to be the first country to withdraw from membership of the EU, ahead of the 5/1 second favourites, the UK.
'With Greece possibly on the verge of leaving the Eurozone, and the UK's EU Referendum scheduled to take place within the next year or so, the two countries are regarded as the most likely candidates to be the first to withdraw from the European Union' said Hill's spokesman Graham Sharpe.
Hills are offering 3/1 that the UK Referendum on EU membership will produce a Quit vote, 2/9 that the vote is to stay in.
FIRST COUNTRY TO LEAVE EUROPEAN UNION? 1/3 Greece; 5/1 UK; 10/1 Hungary; 12/1 Cyprus; 16/1 Italy; 16/1 Spain; 20/1 Latvia. Others on request.
WHEN WILL UK IN/OUT EU REFERENDUM TAKE PLACE? 5/4 before end of June 2016; 3/1 July-December 2016; 7/2 June-July 2017; 7/2 July 2017 or later.
OUTCOME OF UK IN/OUT EU REFERENDUM - 2/9 Stay in; 3/1 Quit