Updated on July 24, 2019 – We always make an effort to keep our content up-to-date, though some of the information might be outdated in the article.
Brexit is a term coined for the UK’s planned withdrawal from the European Union. Great Britain, one of the longest-serving members of the EU, voted to leave the union on 23 June 2016, when 51.9% of its population voted to leave the EU. Nearly three years later, the burning question if they made the right choice still remains. Eurosceptics are sure that Great Britain will be better off without the EU, but there’s a growing list of advocates who think that the deal should be void.
In 2016, former UK MP David Cameron fulfilled his promise to hold a new referendum on Britain’s continued membership in the EU. He was under a lot of pressure from a Eurosceptic wing in his party. Cameron wanted to remain, but the people ultimately chose the other option, resulting in his resignation.
Brexit Specials Betting Odds
The process of leaving the European Union is already underway. New Prime Minister Theresa May intends to see it through to the end, with the UK due to leave the EU at 29 March 2019 11 PM. In order to make the process go smoothly, a new government department was formed in 2016 (Department for Exiting the European Union) which handles all administrative matters.
Update (24/07/2019): Following the unsuccessful Brexit negotiations, the current British Prime Minister, Theresa May resigns. Boris Johnson won the right to form government as the new British Prime Minister from July 24th, 2019 – being an eager Brexit supporter, Boris Johnson’s campaign slogan was ‘Deliver Brexit, Unite the country, Defeat Corbyn, Energise Britain’. Based on this, political bettors may expect a stronger initiative than before from Johnson’s cabinet to finalize the Brexit process.
Update (29/10/2019): MPs voted overwhelmingly on 29 October to end the Brexit paralysis at Westminster and ask the people for a general election on December 12.
Brexit - No Deal Brexit? Betting Odds
Brexit Date Betting Odds
After starting on the wrong foot around ten years ago, Betway has improved every aspect of its services. In the past few years, it has become one of the biggest betting brands in the UK. Betway has thousands of loyal punters who are enticed by the extensive offer of sports and markets and the great promotions as well. It’s not all sports in Betway’s offer – the bookie actually has numerous special events you can bet on, UK political betting included. The Brexit date seems to be hot among punters right now, which led Betway to include it in its offer. Jan 2019 – Mar 2019 seems to be the most popular option. Betway is giving the regular Brexit timeframe odds of 5/4, while April 2019 – June 2019 is available at 5/1. The other options are a bit far-fetched. July 2019 – December 2019 is available at 12/1. If you think that the UK and EU will settle on an extension of the Brexit timeframe between January and June 2020, you can bet on this option at odds of 16/1. Interestingly enough, the Not Before 2022 option sits right behind the main favourite with odds of 2/1.
As one of the leading bookmaker brands in the UK, Fun88 is getting a lot of attention from punters. Offering a variety of sports and specials, Fun88 is the favourite place for many UK punters. Thanks to their great promotions and the excellent odds, you shouldn’t skip on Fun88 if you’re in the market for a new bookie. Brexit betting odds are available at Fun88 and they look solid to us. The main favourite among the proposed Brexit dates is the Jan 2019 – Mar 2019 period – you can bet on this option at 6/5. Many people think that the UK will leave the EU much later than expected – the Not Before 2022 option is given odds of 9/4. The third most likely option according to Fun88 is the Apr 2019 – Jun 2019 timeframe with odds of 5/1. The other dates are less than likely. The Apr 2020 – Jun 2020 timeframe has odds of 33/1, while the unlikeliest period for Brexit seems to be Oct 2020 – Dec 2020 with odds of 80/1. From these odds, it’s clear that people are divided on the Brexit date – it will either proceed as planned or the UK will receive a lengthy extension.
SportNation is the favourite place for American sports for UK punters. Offering NBA, NHL, NFL, and MLS matches, this bookie has its targets set on a specific group of punters. That doesn’t mean it doesn’t have other popular sports in its offer. You can bet on horse racing and Premier League football, but you also get the opportunity to predict the correct Brexit date. This bookmaker’s Brexit odds are not that different from the competition. The most likely timeframe of the UK leaving the EU (Jan 2019 – Mar 2019) still leads the list with 6/5. It seems that many punters are sure that the UK will get an extension of the date, with the Not Before 2022 option available at 9/4. The odds for the UK leaving the European Union between Apr 2019 – Jun 2019 are 5/1, while Jul 2019 – Sep 2019 is being given attractive odds of 12/1. The most unlikely Brexit date is Oct 2020 – Dec 2020 with odds of 80/1. It seems that people think that Brexit will happen as expected or after 2022.
Although not originally an English bookie, SportPesa won the hearts of many punters after entering the UK market. Since then, sponsorship deals with Premier League team have reinforced the bookie’s position in the UK betting scene, with thousands of loyal customers and new ones arriving by the day. Aside from the large sports offer, SportPesa allows punters to bet on numerous other events such as the Brexit date. The odds, however, aren’t that different. Jan 2019 – Mar 2019 is at the top available at 6/5, while the Not Before 2022 option is given odds of 9/4. If you think that the UK will leave the EU a few months later than expected, the Apr 2019 – Jun 2019 option is available at 5/1. The odds for Britain to leave the European Union in 2021 are 20/1, while the timeframe between July and September 2020 is being given odds of 66/1. The last option on the list, Oct 2020 – Dec 2020 is available at 80/1 – at those odds, it’s also the unlikeliest outcome.
Letou is a popular Asian bookie that won over the UK betting market not long after its arrival. Offering a load of popular sports and some UK-specific sports events, Letou is the home for many UK punters. With great promotions and odds than rank among the best, it will surely continue dominating the market for years to come. Special events are included in Letou’s offer, with potential Brexit dates on the top. The first and likeliest option is for the UK to leave the EU in March. Jan 2019 – Mar 2019 has been given odds of 6/5. The Not Before 2020 timeframe is given odds of 9/4 – thousands of Brits are obviously rooting for it. It’s a good punter’s choice if you’re into Brexit betting. The other options on Letou’s list come at higher odds. The Oct 2019 – Dec 2019 timeframe, for example, is available at 20/1, just like the 2021 option. Jan 2020 – Mar 2020 is given odds of 28/1, while Oct 2020 – Dec 2020 is the least likely Brexit date with odds of 80/1.