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Referendum betting reaches £2m mark

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In an open letter published today, Bookmakers said they would sign up to a set of rules and establish a watchdog

In an open letter published today, Bookmakers said they would sign up to a set of rules and establish a watchdog

In an open letter published today, Bookmakers said they would sign up to a set of rules and establish a watchdog

Punters in Britain have placed more bets on the outcome of the independence referendum than on any other political event, according to bookmakers.

William Hill said the volume of betting hit a record £2 million with the placing of a £100 bet for a Yes vote in a Fife bookies.

The bookmaker now expects the betting turnover to exceed that of both the 2010 UK general election and the 2012 US presidential election combined.

Spokesman Graham Sharpe said: "The volume of betting has taken us completely by surprise and a turnover in excess of £2 million was not anticipated when we began betting on the outcome.

"The closer we move to polling day the greater the betting interest seems to be.

"At the moment we are seeing over 80% of the bets we are taking being placed on a Yes vote.

"On Wednesday alone we have taken bets of £8,000, £2,000, £1,200 and £1,000 for a Yes vote."

PA Media