Paddy Power gets involved in Brexit odds market
Ever the one to get involved in touchy, political issues – one of the UK’s most popular online sportsbooks has been in the news again this week. Paddy Power are known for diving headfirst into the boiling pot when it comes to outrageous predictions and touchy bets, and this week they’ve excelled even themselves by wading into the Brexit debate.
Brexit background: UK sportsbook lost plenty of cash when the European Union Referendum returned a Leave vote in the final days of Cameron’s leadership, and since that day the United Kingdom has been tearing itself apart between “leavers” and “remainders”. In recent weeks, there has been cause for optimism, with Prime Minister Theresa May delivering a speech in Florence urging the EU and the UK to find common ground and authorize a deal between the countries. There is already a lot at stake, with the rights of expats (both abroad and at home), future trade deals, the Irish Border, and the fabled exit bill all at stake. Speaking of stakes, Paddy Power has an interesting take on what they believe will happen, too. Take it with a pinch of salt, though; after all, the bookies were wrong last time.
Brexit – according to Paddy Power
Paddy Power is currently offering evens on a no Brexit deal before the March 2019 deadline, whilst Theresa May is now just 2/1 to still be in power come that time. You can even get 4/11 that at least 2 (perhaps more) prime ministers will have held the post during the negotiation phase. Other nifty Brexit odds currently on the fly from the leading UK sportsbook include 9/4 on a new General Election being called in 2018, 4/1 that the UK will apply to re-join the EU within 10 years, and 7/1 that another EU referendum will be called before the end of next year.
Participate with Paddy Power
Brexit is such a divisive issue, but if you have a say, then why not put your money where your mouth is with Paddy Power? Join the popular UK sportsbook today and you can claim a free £10 risk-free bet when you deposit and stake a tenner on Brexit, sports or plenty of other betting markets, today.
Busy week for betfair with new-advisors and brexit-odds
Betfair have quite a unique niche in the UK online gambling market. They are widely regarded as the UK’s leading betting exchange, and almost everybody in the sports betting industry has heard of them. This week, they are set to enter sports punter’s minds one more, following the announcement that Betfair have just appointed a new governance advisor, and that there have been some interesting wagers staked on Brexit.
The leading UK sportsbook recently announced that Jan Bolz would be taking over as a new Independent Director over at Paddy Power Betfair (PPB). From 2011 until 2016, Mr Bolz served as Chief Executive over at Tipico Sportwetten. In his past, he has always worked with video games developer Electronic Arts, and as Managing Director of the Bertelsmann Music Group in Munich, Germany.
The new Governance Advisor will surely be able to find a way to spice up gameplay over at Betfair, to enable them to continue to compete with other leading UK sportsbooks on the net. However, that isn’t the only piece of news to come out of this week.
Rather surprising set of bets on Brexit at Betfair
Earlier in the week, Betfair announced that they have received a rather surprising set of bets on Brexit. Punters at the UK sportsbook have taken no notice of the passage of the EU Withdrawal Bill and Brexit (which may have major ramifications for UK sports punters) and started wagering money on the UK not leaving the European Union by the March 2019 deadline. In fact, Betfair’s politics section has odds of 4/7, leading many to place bets that there will be a 63% chance that the UK remains part of the EU when the deadline passes.
Despite the sudden turn of events, Betfair spokesperson Katie Baylis commented that “it’s actually seen as more likely by punters that Theresa May will leave her post as Prime Minister before the UK leaves the EU, with odds of that happening currently at 1/2.”
You can get a slice of the action if you decide to sign up and play with Betfair, today, where the UK sportsbook is offering all new players a free £100 bet when they place 5 bets of £10 or more in sporting events (or political bets for that matter).
New costumer offer. Place 5x£10 or more bets to receive £20 in free bets.Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. Full T&C Apply.