The keyword here is ‘implied probability’.
According to Betfair, betting odds indicate an implied probability that 62% of British citizens will vote to stay within the European Union.
According to Betfair, this implied probability fell to nearly 55% yesterday, however it was quick to return to 62% later in the day.
A no vote has major implications for the economies of Britain, the European Union and financial markets around the world.
Categories: Economy & Finance, Geopolitics, Strategy
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