Brexit Chaos Sees 'No Deal' Crash Into 11/8
Negotiations In The Balance At 1/2 To Progress
Punters have backed a Brexit ‘No Deal’ all the way into 11/8 from 7/2 as the fall out continues over this week’s breakdown in negotiations in Brussels.
The political blame game which has followed Monday’s debacle, where a deal looked likely then collapsed, has seen punters come in their droves to support no agreement to be reached between the UK and the EU before April 1st 2019, with the UK due withdraw at the end of March.
With the Irish border situation the reported stumbling block in the talks, negotiations are due to continue and are still 1/2 to progress to phase two ahead of the European Council meeting ending on December 15th 2017.
However the flurry of betting activity this week has also seen the price for the UK still to be a full member of the EU on January 1st 2020 tumble in from 10/1 to 4/1.
Lawrence Lyons, Spokesman for BoyleSports commented: “The interest in our political markets has skyrocketed this week and our customers aren’t optimistic on Brexit if their bets are anything to go by, as support has been pouring in for No Deal, an imminent General Election and a second EU referendum.”
He added: “It’s been a week of high political stakes and as the blame game continues over Monday’s breakdown, punters are taking their opportunity to get behind no overall Brexit deal being agreed before April 2019, which is now a short 11/8 shot having been 7/2 just last week.”
1/2 Negotiations to move to phase two by December 15th 2017
5/4 Year of Next UK General Election to be 2018
11/8 No Brexit deal to be reached before April 1st 2019
4/1 UK to still be a full member of the EU on Jan 1st 2020
8/1 2nd referendum on the EU before 2019