AV referendum in no-win situation?

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The odds of ‘No’ securing a majority in the AV referendum are tumbling according to Ladbrokes.

Punters have quickly latched onto opinion poll figures backing the ‘No’ outcome all the way down to 2/7 (from 4/6) overnight.

‘Yes’ is now 5/2 (from 11/10). The odds also now favour a ‘Yes’ percentage of 45-50 at 7/4 with 9/4 the price it secures only 40-45 % of the vote.

Alex Donohue of Ladbrokes said: “‘All the momentum is now with ‘No’ and we wouldn’t be surprised if the odds shorten again soon. We’re clutching at straws in the hope ‘Yes’ can spring a surprise and save us.”

The bookies’ hopes of avoiding a payout are also diminishing rapidly as a successful ‘No’ result will reward punters with a six-figure sum.

Ladbrokes latest betting

AV Referendum
YES – 5/2 (from 11/10)
NO – 2/7 (from 4/6)

YES percentage vote
Under 40 – 5/1
40-45 – 9/4
45-50 – 7/4
50-55 – 7/2
55-60 – 10/1
60+ – 20/1

oud.com/feed/odds-feed/getLadOdds.php?eventID=214808386&marketID=219266614&categoryID=577&lang=en

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Robbie Morris

Robbie studied sports journalism at the University of Gloucestershire, an establishment chosen for its proximity to Cheltenham racecourse, where he was a season ticket holder. Upon graduation, Robbie was a contributor to GolfPunk, a national magazine aimed at ridding golf of its traditionalist image, before joining the news.ladbrokes team.