AV referendum- it’s all over (bar collecting the winnings)

According to the latest press-release from Paddy Power anyway:

(02 May 2011) Paddy Power have today paid out £15,000 to punters who backed next Thursday’s referendum on electoral reform to be rejected. The odds on a negative outcome tumbled from 10/11 at the end of February to 1/16 at the time of the bookies payout today.

Ken Robertson from Paddy Power said “From a betting point of view the writing has been on the wall for the A.V. issue for the past couple of weeks with 90% of all bets placed supporting the referendum to be rejected.”

Paddy is still  however offering odds on  voter turnout- 35.01% to 40% is the current favourite at 6/4.