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Brexit Betting Odds & Predictions

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Brexit Betting Odds & Predictions

So what the hell is going on with Brexit? Is the UK leaving the European Union or isn’t it?

There is so much speculation and uncertainty that it is making one of the key political changes in the UK’s history all the more complicated to understanding.

One positive note is that means these are great betting conditions for punters!

The political betting markets have proven to be rich ground for bettors in recent years, with the Brexit leave vote and Donald Trump becoming US President both bets that won at handsome prices, such was their unforeseen success.

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The current situation regarding the divorce bill is uncertain – even the politicians involved don’t seem to know what’s going on, and it was as recently as December 12 that the UK Prime Minister, Theresa May, battled a Vote of No Confidence to even stay in power.

It’s all very confusing, but happily your friends here at JohnnyBet are here to help out! We’ve got all of the information you need, alongside Brexit betting odds & predictions to help you profit from the confusion.

1. Brexit: The Basic Facts

In March 2019, the idea is that the UK will leave the European Union behind, and forge their own path with new trade deals, laws and so on.

That was voted on by the British people, with the Leave vote beating the Remain by a narrow margin.

The job of May and her advisors was to source a ‘divorce deal’ that would suit the UK, but so far the EU’s representatives have played hardball.

The Prime Minister presented a draft agreement to the Houses of Parliament in November, but that was laughed out of town due to a number of policies that would have damaged the UK’s independence, sovereignty and wealth.

These politicians were so infuriated that they introduced new rules so that they will get a ‘meaningful’ vote on the proposed Brexit deal, where they can accept the terms or leave the EU with no deal.

Theresa May now faces a mad dash to get the Brexit deal agreed, with the withdrawal agreement to be approved by UK Parliament before it comes into power. That means she has just a couple of months to make it happen.

2. Brexit: What Can I Bet On?

The political markets are always popular with the leading bookmakers, who have a number of options for punters to explore.

You can bet on the completion date of Brexit: will the March date stand, or will it be delayed thereafter?

Will There Be A 2nd Referendum? - Best odds
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Will Theresa May be Prime Minister at the point the UK leaves the EU? Given her recent problems, that’s an interesting betting market.

You can also bet on how the meaningful vote will go, and sceptics can wager on a second referendum being held and even whether Article 50 – a legal statute that would reverse Brexit – will be revoked.

3. Brexit Betting Tips

At the moment, there is so much uncertainty that making Brexit betting tips is tricky.

But here’s an interesting fact: it is priced at 2.10 that the UK will leave the EU before the ned of March as planned. But at 4.00, the bookies say that the deal won’t be completed before 2022!

By that token, we can surely assume that Brexit will be delayed. There will be little activity over the Christmas holidays, and with the meaningful vote unlikely to happen until January at the earliest, backing Brexit to take place between April and July 2019 at 5.00 looks smart.

And you’d expect Theresa May to finish what she started by being Prime Minister when Brexit goes through, so back that at 1.50. How long she lasts after that point remains to be seen!

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