As Prime Minister Theresa May is handed the right to ‘trigger Article 50’ by Parliament, beginning the negotiations for the UK to leave the European Union, Scotland’s SNP has begun to push for its ‘second referendum’ appeal.
Declaring SNP’s political intent, Scotland’s First Minister Nicola Sturgeon stated that her party would seek for a government referendum approval between the autumn 2018-2019 ahead of any potential UK National Election.
Reacting to the news, UK bookmakers’ Paddy Power and William Hill have priced a ‘Second Scottish Referendum’ at odds-on to take place before the end of 2020.
Should the SNP succeed on gaining its second referendum, William Hill has priced at 4/6 that the Scottish electorate will vote in favour of independence breaking up the United Kingdom
‘A second Indie Ref before the end of 2024, and quite possibly before the end of 2020, now looks inevitable, and we believe it is an odds chance that it will produce a vote in favour of independence’ said William Hill spokesman Graham Sharpe.
However, at present bookmaker market opinion differs, despite scepticism from commentators Paddy Power politics put the referendum at 2/5 to pass, and 13/8 to fail.
“Whenever it does come, it seems pretty likely that it’ll pass – though the early money from our punters is on it failing. Hardly the vote of confidence Sturgeon will have wanted.” Paddy Power Politics commented in statement