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Brexit update: Time to cover on Leave
Following weeks of big stakes on betting markets without that much volatility, exciting things are definitely afoot. Polls clearly identify a shift in favour of LEAVE and, despite daily waves of resistance, it is moving closer by the minute to REMAIN, the longstanding favourite. This is a very positive development for my various betting positions,…
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Hedge between markets for a great value Brexit trade
Trying to find a cheap, value punt in the Brexit markets has not been straightforward. So far as the main result market is concerned, the scope for short-term trading has been limited and taking a confident view involves a sizeable risk, in a referendum which is far from clear cut. Remain, for example, has traded…
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Brexit update: Swift u-turn required as LEAVE poll numbers sink
While the Brexit markets are enormous, they have been frustratingly static for months. That, I suspect is about to change, and that means we need to act fast in reversing our latest position. Therefore, as advised on Twitter, I’m cancelling my recent bet on LEAVE to get over 47.5%, taking a two unit loss. #Brexit…
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Win or lose, LEAVE is under-rated on Brexit markets
Five weeks out from our most important vote in over 40 years, the detached nature of political conversation says much about the condition of UK politics. On one hand, a substantial minority are deeply engaged in the Brexit referendum. It is the central political discussion among the type of people that care about, follow or…
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Opening Brexit trade: Back a narrow win for Remain
In ten week’s time, the UK will vote on arguably it’s most important political decision in over 40 years, regarding membership of the European Union. After considering and debating the question for 20, the time has come to bet on it. I’m still loathe to make a definitive prediction about the result. The current odds –…