Motion M has been cut from 6/1 to 5/2 in the last two hours.
The indicative vote will happen tonight, allowing MP’s to give their thoughts on the future of the country. Bookmakers were quick to install the option of a Common Market as favourite to win the vote following Theresa May’s announcement.
A second referendum looked a pretty unlikely winner of the vote, with bookies pricing the option at 6/1. However, they have now slashed this to 5/2, which implies Motion M has a 29% chance of winning.
Motion D (Common Market) looks the likely winner of the vote with bookmakers offering 6/4 on the option.
Motion D – Common Market 6/4
Motion M – Referendum 5/2
Motion J – Customs Union 3/1
Motion K – Labours Plan 5/1
Motion L – Revoke to avoid No Deal 20/1
Motion H – Eea – 20/1
Motion O – Preferential Arrangements 25/1
Motion B – No Deal 100/1
Motion D - Common Market winning the vote has been the most popular option with the punters, and has seen 65% of bets on the market.
