Bet365 laying 11/4 about a Brexit happening on 23 June, with Remain likely to win the day
Not long now until the country goes to the polls and decides whether the United Kingdom should remain part of the European Union or go a separate way.
The media have been portraying it as a close-run thing, although bet365 are not convinced that the Leave campaign are going to muster anywhere near enough support.
The world’s leading bookmaker offer 11/4 about a Brexit happening, with Remain available at 2/7 and it looks likely that David Cameron and the other Remain campaigners will be celebrating on 24 June.
It has been reported that Leave has been picking up support from working-class voters in the north who feel they are not benefitting from the UK’s affiliation with the EU.
Indeed, the Leave campaign has been a well-oiled propaganda machine to date, even if it seems intent on exaggerating immigration numbers as a scare tactic to try and force a severance.
A German finance minister has spoken this week with the hope that the United Kingdom remain a fully paid-up member of the European Union, with Wolfgang Schäuble claiming that Britain wouldn’t retain access to the single market if they left.
“That won’t work,” Schäuble told Der Spiegel. “It would require the country to abide by the rules of a club from which it currently wants to withdraw.
“If the majority in Britain opts for Brexit, that would be a decision against the single market. In is in. Out is out. One has to respect the sovereignty of the British people.”
Peter Mandelson, the former EU trade commissioner and ex-business secretary, said Schäuble’s comments “finally knocks on the head the leave campaign’s claim that we can leave the EU and still enjoy the benefits of the single market”.
“We cannot leave the club and continue to use its facilities,” the Labour peer said. “Being outside the single market wold be a hammer blow to the UK economy. Our future trade will be hit and our manufacturing sector, which relies on the single market’s free movement of goods and people, will be at risk. This is the cold reality of Brexit that the British people must face. If we leave we lose the economic gains of being the world’s largest free-trade zone, putting jobs and livelihoods at risk.”
Bet365 seem to have a similar opinion and are happy to take on any customer wanting to bet on Leave at 11/4.