Strong Support for No Change To Eighth Referendum
There has been significant movement in the market for the result of the Eighth Amendment referendum after an influx of heavy bets overnight.
Taoiseach Leo Varadkar warned last week that the proposal to allow abortions in Ireland without restriction up to 12 weeks may go “a step too far” for the public.
However he said it would be a “major step back” if the referendum wasn’t passed and the Cabinet has now agreed to draft a bill that would allow a referendum to take place.
It had looked a foregone conclusion that the referendum would trigger a change to the Eighth Amendment at 1/16.
Although, a rush of bets, including one of four figures from the Dublin area, forced traders to slash the odds for no change into 7/2 from 15/2 just yesterday,
…while the 1/16 about changing or removing the Eighth Amendment has drifted to 1/6.
*Prices correct at time of publication