2015 has not been kind to UK bookmaker’s ambitions to be the best political indicator, as for the second time this year betting markets have failed to call a political outcome correctly. Last week UK bookmakers favoured a YES verdict on Sunday’s Greek referendum. A confident Paddy Power who had offered 2/7 for a Greek Yes, announced that it paid …
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Paddy Power pays out on Grexit market
Ahead of this Sunday’s Greek Euro Austerity Referendum, Paddy Power has announced that it has “paid out five figures” on Greece staying in the Eurozone. The Irish bookmaker revealed that it had recorded 85% of wagers on its ‘Grexit’ market favouring Greece staying put in the Euro region. Paddy Power is set pay out winnings to punters three days ahead …
Read More »William Hill re-opens Grexit market
As Greece and the EU enter final debt crisis deadlock talks, William Hill has re-opened its market on whether the country will leave the Euro Zone by the end of 2015. Entering a critical 24 hour period, Greece Prime Minister Alexis Tsipras has set out new proposals to try and prevent Greece’s default on a €1.6 billion IMF loan. Greece …
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