PA ANALYSIS: Are Brexit betting odds actually reliable?

Betting odds have emerged as a coveted predictor of the outcome of the UK’s EU referendum. But are they actually as reliable as some fund managers suggest?

PA ANALYSIS: Are Brexit betting odds actually reliable?

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So with both bookmakers odds and opinion polls, which failed to predict the outcome of last year’s UK general elections, seeming unreliable, it will be hard to predict the outcome of next week’s referendum.

So perhaps the most dependable guide here is the British national character. As Fred Jeanmaire, a European equity manager at Columbia Threadneedle, put it: “Brexit is a major risk, but in the end the British population is quite conservative, and inclined to stick with the status quo.” 

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