Odds On A Hard Border In Ireland Shorten Again
The chances of a hard border in Ireland are increasing if the latest betting patterns are to be believed.
Theresa May made a visit to the border area on Tuesday and restated her commitment to securing a Brexit deal that would avoid the need for infrastructure on the border between Northern Ireland and the Republic of Ireland.
The latest odds however suggest that punters’ confidence in May avoiding checks after Brexit is dwindling.
BoyleSports have this week slashed the odds on a ‘hard’ border into 16/5 from 7/1 as the betting on Brexit heats up before next month’s scheduled leave date. The drifting 1/5 odds about no checks appearing had once been at a low of 1/20.
The UK is now just a short 11/4 shot to leave the EU with no deal from odds of 4/1 last week. However a Brexit delay is a lot more likely according to the latest betting, as it’s just 1/4 that the UK seeks an extension to Article 50 before 29th March.