Brexit Odds Suggest UK Rejoining The EU Are Very Unlikely Despite Northern Ireland Breakthrough

With the UK and EU agreeing a new Brexit deal on the Northern Ireland issues, this has got some ‘remainers’ excited at the prospect the of the UK getting back in the European Union. So, just what are the Brexit odds on the UK rejoining the EU?

EU and UK Agree on New Brexit Northern Ireland Protocol Deal

The European Commission president Ursula von der Leyen and UK Prime Minister Rishi Sunak have reportedly reached a deal to sign-off on a new post-Brexit Northern Ireland deal.

Ms von der Leyen said she looked forward “to turning a page and opening a new chapter with our partner and friend”.

MP’s will still get a vote on the framework of the deal – with the Democratic Unionist Party, who Rishi Sunak is looking to win support from, are expected to take ‘time and space’ to consider the deal. But this is a big step forward in rebuilding the relationship between the UK and EU.

BREAKING: Prime Minister Rishi Sunak announces the "Windsor Framework," a new Brexit deal between the UK and EU on Northern Ireland that he says is a "decisive breakthrough" https://t.co/dZRq7Oe59j pic.twitter.com/DomsNN8iEk

— Bloomberg UK (@BloombergUK) February 27, 2023

Could The Northern Ireland Brexit Deal Give Hope to Remainers Rejoining The EU?

Back in 2016, the UK voted to leave the European Union, by a close 53% to 48% margin, but the Brexit topic has continued to rumble over the last seven years.

With the latest breakthrough to resolve the Northern Ireland issues that have been lingering for so long, it seems the relationship between the UK and the EU is on a better path.

Therefore, this is now having some politics fans looking at the odds on the UK rejoining the EU as a full member.

Some of the leading UK betting sites, including bookmaker, Paddy Power, have created a market, but the odds suggest the UK is still someway off a Brexit U-turn.

Brexit Odds: UK To Rejoin The EU as a Full Member Before 2026

• Yes 7/1
• No 1/20

Paddy Power are offering odds on the UK rejoining the EU by 2026 at 7/1, with the very short odds of 1/20 on the United Kingdom having no change. If you are not familiar with betting, these short odds mean for a £20 stake you will win only £1 (plus your £20 back).

Yes, several polls this year have indicated that there is an increase in people feeling Brexit was the wrong call for the UK, but this doesn’t seem to have been reflected in the Brexit betting odds.

For the time being, it’s very-much a ‘watch this space’ market but with event in politics changing every day then the Paddy Power politics odds compliers will need to keep their ear to the ground with this Brexit odds market.