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Bookmakers dramatically change odds, predict Brexit (VIDEO)
Supporters of the Stronger In Campaign react after heading the result from Orkney in the EU referendum at the Royal Festival Hall, in London, Britain June 24, 2016. u00e2u20acu201d Reuters pic

LONDON, June 24 — Bookmakers dramatically reversed the odds on Britain leaving the European Union today as early results from a historic referendum pointed to strong support for a Brexit.

Just hours after giving odds that indicated an estimated 90-per cent chance of Britain staying in the EU, the main betting companies shifted to make a "Leave” vote the strong favourite.

Betting exchange Betfair moved to odds of 8/13, an implied probability of a Brexit of more than 60 per cent. 

Ladbrokes had odds of 4/7, an implied probability of 63 per cent. — AFP


Supporters of the Stronger In Campaign react after heading the result from Orkney in the EU referendum at the Royal Festival Hall, in London, Britain June 24, 2016. — Reuters pic

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