Article 50 betting in choas following High Court ruling
Published:
The betting for Article 50 has been thrown into chaos after the momentous High Court intervention, according to the latest odds.
Following the High Court’s ruling that the government can’t invoke the EU-exiting Article 50 without a Parliamentary say, the bookies’ initial response was to keep a 2017 trigger as the odds-on favourite.
But it’s now just 9/4 that it doesn’t happen before 2021, or at all.
The odds of a 2017 general election have also been cut, and it’s now only 2/1 that the government attempts to force an early vote next year.
Matthew Shaddick of Ladbrokes said: “This might be bad news for the government, but punters who took our original odds of 5/1 about nothing happening before 2021 are now sitting pretty.”
Ladbrokes’ latest betting
When will the UK invoke Article 50?
2016 – 50/1
2017 – 4/7
2018 – 6/1
2019 – 16/1
2020 – 20/1
2021 or later – 9/4
Next General Election
2017 – 2/1
2018 – 12/1
2019 – 12/1
2020 – 4/6
All Odds and Markets are correct as of the date of publishing
