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Online bookmaker Star Sports has slashed the odds on the Brexit Party winning the most seats in the UK’s European Elections after taking a massive £140k bet backing the newly-formed party by Nigel Farage.
Odds on Brexit Party winning the most seats on Thursday, May 23, went down from 1.05 to 1.02 after a VIP customer of Star Sports placed three bets for the total amount of £140k.
“We took £60k at 1.05, £40k at 1.03 and another £40k at 1.025 within the space of 30 minutes from the same VIP customer, and we fully expect to be handing back £145k and change come Thursday,” said company spokesman Gary Burton.
If successful, the customer would win £5,200, which looks very likely according to the latest polling data. The Brexit Party has a significant lead with 34% potential votes. Liberal Democrats are expected to finish second with 17 per cent, Labour has 15 per cent, and just 9 per cent is ready to vote for the Conservatives.
The Brexit Party is a Eurosceptic political party in the United Kingdom that was launched in April this year. Its leader Nigel Farage has publicly stated back then that he placed a £1,000 bet on the Brexit Party winning the European Parliament election. However, he did it when his party odds to win were 4.0, and polls were predicting about 15% of votes going for them.
