Bookmaker cuts odds of UK 'In' vote in EU poll to shortest so far

Bookmaker William Hill has cut its odds of Britons voting to remain in the European Union in a June 23 referendum to 1/6, the shortest odds to date and indicating a probability of 85 percent.
"During the week just gone, the odds for 'remain' have halved from 1/3 to 1/6 as many political punters seem to have decided they know what the result will be," William Hill spokesman Graham Sharpe said on Saturday.
William Hill lengthened its odds for Brexit to 7/2 from 10/3, indicating a 22 percent chance of Britons voting in favor of a withdrawal from the EU.
As polls have given sharply different pictures of public opinion, many investors are watching betting odds closely. Odds have consistently indicated a high probability of an "In" vote in the referendum.
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