ZERO HEDGE: Investors Moving Brexit Markets With Big Bets

by BREITBART LONDON22 Jun 2016

Two days ago we pointed out something surprising: according to Ladbrokes’ head of political betting, Matthew Shaddick, the key catalyst that moved bookie odds on Monday morning, the first day after the suspended campaign in the aftermath of Jo Cox murder was resumed, “we took a £25,000 bet on Remain this morning which helped move the odds in their direction.” This in turn unleashed a global asset surge, as markets rebounded on expectations the Leave campaign was losing momentum, even as actual polls – still neck and neck – did not validate such an observation.

Talking to CNBC, Shaddik quantified the latest odds, which not surprisingly, put Remain’s chances of success some three times greater than those of Leave: “at the moment, the odds are suggesting there is a 76 percent chance the U.K. will vote to stay in the European Union”, once again caveating that this is “despite the polls still showing this is more or less a dead heat.”

But is that really the case?

http://www.breitbart.com/london/2016/06/22/zero-hedge-big-bets-moving-brexit-markets/

Now we can't trust the odds makers on polls either!