As a result, the vast majority of gamblers bet on Remain as opposed to Britain's exit from the EU. The loss reflected a hit on the reputation of Britain's bookies who have historically been more accurate about the results than even some exit polls. Winners included Eurosceptic UK Independence Party (UKIP) leader Nigel Farage, who had bet put 1,000 pounds on Brexit. "Truth is, bookies do not offer markets on political events to help people forecast the results. By Agencies | Posted 4 hoursLondon: Bookies had predicted a victory for the Remain camp with almost 80-90 per cent certainty and made Remain the odds-on favourites.

Source: Mid-Day June 26, 2016 07:18 UTC