Brexit Betting

This entry was posted on Thursday, July 26th, 2018

No Deal Noel

Highly-paid psychiatrists will tell you that there is never a good time to divorce, but quite frankly, it is hard to think of a worse time for Britain to be attempting to leave the European Union. The natural ally in case of a rupture, the United States of America, is run by an orange lunatic. The Government here, is run by a weak leader with no majority. The opposition is run by a racist and an anti-Semite.

Nevertheless, the trigger has been fired, Brexit means Brexit, and we are all set to be free and out of it all by April 2019. Many pundits would have added the extra item to the list of chaos above, pointing out how the chaotic state of much of European politics right now, would be another problem. Yet this could be the salvation for the UK, and is exactly why we are tipping up the 4/7 available with Betfair on no deal being reached by the March 31st deadline.

Pressure on governments across Europe is coming from the far right, anti immigrant yes, but also, highly Eurosceptic. If Britain were to drop out of the EU on anything like favourable terms, those parties would be offering the same paradigm to their electorates, putting the incumbents under all manner of pressure. It is for this reason that we expect the big cheeses in Brussels to reject Theresa May’s remainer-friendly white paper, leaving Britain with no choice but to fall out.

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