Book Closes On Referendum Date
William Hill have closed their betting market on when the EU Referendum will take place, after a significant gamble that it will be before the end of June 2016. 'The only EU Referendum date anyone wants to back is for it to happen before the end of this June and the odds for that to happen have collapsed from 4/1 against (stake 1 for profit of 4) to 1/4 (stake 4 for profit of 1). We've decided enough is enough and have closed the book' said Hill's spokesman Graham Sharpe.
HILLS OFFER 2/1 THAT THE EU REFERENDUM WILL PRODUCED A VOTE IN FAVOUR OF BREXIT, 4/11 THAT THE MAJORITY WILL VOTE TO STAY IN.
ODDS WHEN REFERENDUM DATE MARKET CLOSED....1/4 Before end June 2016; 3/1 July-December 2016; 9/1 Not before July 2017; 12/1 Jan-June 2017.
OUTCOME OF REFERENDUM; 4/11 STAY IN; 2/1 BREXIT