Referendum Problems To 'Do For' Cameron?
William Hill say political punters have been backing David Cameron to stand down as Tory leader either this year or next, in anticipation of either a defeat or only narrow win in the EU Referendum, which has to take place before the end of 2017.
And the bookies have also seen a gamble that the EU Referendum will take place before the end of June 2016 from 1/2 to 4/11.
Hills currently offer 7/1 that Cameron will stand down this year, and 10/1 that he'll go next. It is a 4/11 chance that the Referendum produces a 'Stay' result, 2/1 that 'Leave' wins.
'Punters have obviously noticed that the odds for Cameron to stand down are rather longer than for a 'Leave' vote in the Referendum and are gambling that defeat in the Referendum would mean he would feel obliged to resign sooner rather than later, as we already know he won't be leading his Party into the next General Election' said Hill's spokesman Graham Sharpe.
WILLIAM HILL SAY 61% OF THE STAKES GAMBLED ON THE EU REFERENDUM AND 71% OF THE INDIVIDUAL BETS, HAVE BEEN PLACED ON A 'LEAVE' VOTE.
EU REFERENDUM RESULT......4/11 STAY; 2/1 LEAVE
WHEN WILL REFERENDUM TAKE PLACE? 4/11 Before June 2016; 5/2 July-December 2016; 8/1 July '17 or later; 10/1 Jan-June 2017.
WHEN WILL CAMERON CEASE TO BE TORY LEADER....7/1 2016; 10/1 2017; 8/1 2018; 5/4 2019; 10/11 2020; 14/1 2021 OR LATER.
WHO'LL STAND DOWN FIRST?......4/6 CORBYN; 11/10 CAMERON.