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Brexit odds: Leave becomes favourite for first time after early results boost | |
(35 minutes later) | |
Britain is now odds-on to leave the European Union for the first time, bookies have said. | Britain is now odds-on to leave the European Union for the first time, bookies have said. |
As of 2.20am, Paddypower had Leave at 4/7 and Remain at 11/8 while Ladbrokes had 8/15 to 11/8. | As of 2.20am, Paddypower had Leave at 4/7 and Remain at 11/8 while Ladbrokes had 8/15 to 11/8. |
Other bookmakers also had similar odds for the first time since the campaign started. | Other bookmakers also had similar odds for the first time since the campaign started. |
Follow the latest updates on the EU referendum | |
As recently as 6pm this evening the Betfair trading index had odds of leaving at just 16 per cent, with Remain dominant. | As recently as 6pm this evening the Betfair trading index had odds of leaving at just 16 per cent, with Remain dominant. |
The prices were buoyed by two on-the-day polls showing narrow wins for Remain. | The prices were buoyed by two on-the-day polls showing narrow wins for Remain. |
Some final polls released on Wednesday night however showed Leave narrowly ahead. | Some final polls released on Wednesday night however showed Leave narrowly ahead. |
As counting night has progressed it appears that Leave has the advantage – or that the result will be significantly closer than expected. | As counting night has progressed it appears that Leave has the advantage – or that the result will be significantly closer than expected. |
High turnout in suburban Eurosceptic areas compared to more subdued turnout in metropolitan areas appears to have driven the results. | |