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Gamblers predicted Brexit result before traders, study finds

Gamblers were far quicker than international finance markets in predicting the result of the 2016 EU referendum, according to new research.
Economists at the University of Cambridge have completed a study which shows gamblers sensed the Leave vote would win up to an hour before currency experts in the City.They claim this created a window of "arbitrage" during which the price difference between betting markets and foreign exchange markets would have yielded a 7% return on the pound.
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