EU referendum odds: Bookmakers cut odds on Brexit again as Leave rally continues

James Nickerson
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Pound Sinks To All Time Low Against The Euro
Polls suggested growing support for Brexit (Source: Getty)

Bookmakers have again shortened their odds on the chances of Brexit.

Following a series of polls that indicated Leave gaining ground, William Hill and Betway have become the latest bookmakers to cut their odds on a Brexit vote, following Ladbrokes yesterday.

William Hill is now offering 10/3 on a Leave vote, down from 4/1 within two days. Meanwhile, Betway has cut its odds from 4/1 to 3/1, while Remain has drifted to 2/9, from 1/8.

Betway’s Alan Alger, said: "Recent polls have persuaded punters to hedge their bets back in the Leave camp and we’ve trimmed the odds of Brexit."

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And Sporting Index witnessed a frenzy yesterday of punters selling Remain’s vote share.

Ed Fulton, political trading spokesman for Sporting Index, said: "The release of ICM’s latest polling triggered a frenzy of activity on our Brexit markets, with the vast majority of punters selling the Remain camp’s vote share.

"Our markets now indicate that the David Cameron-backed campaign will narrowly win the referendum with 53.5 per cent of the vote – a low water mark for Remain. However, three weeks is a very long time in politics."

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Yesterday Ladbrokes cut the odds of a Brexit vote after a new poll from the Telegraph found increasing support for the Leave campaign.

A new Ipsos Mori poll has also found that two-thirds of Britons surveyed feel they would not be worse off in the event of a Leave vote.

The pound plummeted after the surprise polls showed the British public moving closer towards a vote to leave the EU.