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Brexit: Britain odds-on to still be in the EU beyond 2019 deadline despite passing of Withdrawal Bill

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The House of Commons may have voted in favour of the Withdrawal Bill in the early hours of Tuesday morning but Betfair customers are unconvinced

"It's actually seen as more likely by punters that Theresa May will leave her post as Prime Minister before the UK leaves the EU with odds of that happening currently at [1.53]."

While the House of Commons voted in favour of the EU Withdrawal Bill early this morning, punters are still sceptical that Britain will have Brexit-ed by the initial deadline of March 29, 2019.

Betfair Exchange currently makes it [1.58] that Britain will still be in the EU by that date - a 63% chance that we will still be a part of the EU after the date passes.

Back in April shortly after Article 50 was triggered, it was odds-on that Britain would make the target date, but as negotiations have hit sticking points the odds have steadily drifted.

We've even seen odds on Brexit not to happen before 2022 shorten dramatically and that eventuality has been backed at odds-on recently and is now [2.48].

It's actually seen as more likely by punters that Theresa May will leave her post as Prime Minister before the UK leaves the EU with odds of that happening currently at [1.53].

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