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PM destined for Brexit defeat

December 4th, 2018 Home, Media & Journalism, News & Events, Politics, Press Release

Bookmakers don’t see how Prime Minister Theresa May can win her crucial Brexit vote in the House of Commons on December 11.

It is massively odds on at 1/7 that May does not get her Brexit plan – approved by her cabinet and the European Union – passed MPs.

Mrs May needs 320 votes to get her plans through, but it is widely anticipated that she will be lucky to get half of what she requires with one in four of her own Conservative MPs set to go against her wishes.

The question is what happens then? Will Mrs May stand-down? Will she face a vote of no confidence? Will we see a second referendum?

Bookmakers are now 1/2 that no Brexit deal gets through the UK parliament ahead of the proposed exit from the European Union in March next year, and it is Evens that Mrs May departs as Prime Minister in 2019.

OddsMonkey spokesman Peter Watton commented: “Brexit is a fascinating market, we only have to look at Betfair and their exchange which has well in excess of £1million matched – impose that across the industry and we are talking millions being gambled on this.

“But as it stands, like her own MPs, the punters are going against Theresa May – at 1/8 she has little chance of getting her plans through parliament.”

Withdrawal Agreement To Be Approved By UK Parliament on 11th December
Yes 9/2
No 1/8

Second EU Referendum Before 2020?
Yes 5/4
No 4/7

Year Theresa May Leaves Office As Prime Minister?
2018 9/4
2019 Evens
2020 8/1
2021 16/1
2022 or later 9/2

OddsMonkey are leading Odds Experts, and specialise in analysing odds and betting markets.
Spokesman Pete Watton is available for further comment or one-on-one interviews on this subject or anything connected with a betting market – for more information please contact press@oddsmonkey.com or call 01916404262