Its 5/4 at Ladbrokes that there’ll be no deal on Brexit
Ladbrokes has some new markets up on the outcome of the Brexit negotiations which look interesting but I’m not sure if any of them offer any value.
The options are above with 5/4 being offered on no deal being agreed before the Article 50 deadline 18 months on from now. Note the way the bookie is defining what a deal actually is.
The 4/1 on Britain still being a member of the EU at the end of 2019 and whether there will be a third Brexit referendum (the first was in 1975) before the end of 2019 both could come good but the odds are not long enough for me to be tempted.
There is a huge amount likely to happen in the coming months both in Brussels and at Westminster. The Government is going to struggle with its “Great” reform bill in both the Commons and the Lords and things could move in any direction.
At the moment we cannot say with any certainty who the next prime minister is going to be and whether indeed the Tories will still be in power at the due date.