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Brexit Risks Rise
This Great Graphic shows the price people are willing to pay to bet that the UK votes to leave the EU at the June 23 referendum on the PredictIt events markets. We included the lower chart to give some sense of volume of activity on this wager in this event market. Presently, one would have to wager 42 cents to win a dollar if the UK votes to leave. On May 23, one could wager 19 cents. On Saturday, June 4, would have "bet" on Brexit for 30 cents. The price of the wager can be seen as the odds it the event will occur. The odds today are the highest since March 23 when the then-London Mayor Johnson came out for Brexit ... (full story)