Where to Find Betting Markets on Brexit
You can find UK Brexit betting odds at online sportsbooks, and you can find them at sportsbooks that cater to the UK market. For example, you can be sure you will see betting odds Brexit Paddy Power and Brexit betting odds William Hill since those are two sportsbooks that are two of the big boys in the UK betting market.
No matter where you find Brexit betting odds at an online bookie, you need to ensure that the bookie is a legitimate one carrying a license from a reputable body such as the UK Gaming Commission.
Not only are you sure to find betting sites Brexit if they are sportsbooks catering to the UK, but you will also find the latest Brexit betting odds and more of them than you would find at other sportsbooks. That is not to say books that do not cater to the UK market will not have UK betting odds Brexit, as they may, but may not have as many wagers available.
Brexit betting odds are a type of political wager, and the sportsbook that has odds on that will have a special section for those types of wagers. Often, at an online bookie, you will see links for all the sports that the site has odds posted on.
The same goes the same for political bets, as the book may have a politics or specials link where you can check out the latest betting on Brexit information in terms of what wagers are offered.
Finding Sportsbooks with The Most Wagers
It is a good idea to check sportsbooks that have the most betting odds. It was stated before that there are Brexit bets available, and you want to find a sportsbook that has the most of those wagers, so you have a choice.
Also stated before that it is more likely that you will find betting markets at online bookies that cater to the UK market such as William Hill, Paddy Power, and Betfair, just to name a few.
A few of the Brexit betting odds that you will find at sportsbooks include:
- UK to rejoin EU by 2026
- UK and EU to extend the Brexit transition period after Jan. 1, 2021
- UK and EU to sign a trade deal in 2020
Some of the Brexit betting odds will have even odds, and others will have inflated odds. It is always a good idea to check out different books that offer the latest Brexit betting odds, so when you find a wager you want, you can make a bet at the bookie that offers the best odds, which can give you the best possible payout.
Also, why not check out sportsbooks that offer bonuses and promotions, as you may be able to find a book that offers them for Brexit betting. If this is the case, you can take advantage of the bonus to pad your bankroll.
Handicap Brexit Betting Odds
Any time you make a sports bet at a reputable online sportsbook, you can increase your chances of winning the bet by handicapping a game or event. The same goes for Brexit betting odds.
The sportsbooks will have various Brexit bets available, and you should look closely at the bets to make an intelligent wager. For example, in a football match bet, you would handicap it looking at various factors such as recent form, injuries, and head-to-head records. In terms of Brexit referendum betting, you can do the same thing.
A Brexit bet is unlike a football bet, as it is an issue that is typically voted on. However, you can become an expert on the Brexit bet by reading up on the news about the issue and getting the gauge on public opinion. The more you know about the Brexit bet offered, the more you can make a smart wager, which is one that has the best chance to be a winning one.
The odds will change for Brexit bets, and they can do so for a couple of reasons. They may change as the date for the vote draws near, and things happen beforehand that can affect the outcome of the wager.
They can also change if the public is betting one side of the bet more than the other. If that happens, the books can alter the odds, as their main goal is to get even money placed on both sides of the bet. You can check out a Brexit betting odds checker to see current odds on the Brexit bets that are available.
History of Brexit Betting
While the Brexit issue was discussed for some time, in terms of the history of Brexit betting, it began with the Brexit referendum betting of 2016. That is when the first vote was cast whether to remain in the EU or to leave. The vote was a close one, with 52% voting to leave the EU with 48% voting to stay.
So, what were the betting odds on Brexit for the 2016 referendum? As the polls closed, the Brexit no-deal betting odds were at around 4/1 at many bookmakers.
Ladbrokes, which is the oldest bookie in the UK, admitted that the betting markets were wrong and had to “face up to some tough questions.” While around 75% of the money bet on the 2016 Brexit referendum was wagered on to stay in the EU, there were more overall total bets on to leave.
Still, with a majority of the money bet on staying in the EU, bookmakers came out well ahead in terms of making a profit on that initial wager. In speaking of that initial betting offering, £40m was wagered on it in 2016, which made it the biggest political betting event in the history of the UK.