Less than two months are left till Brexit. However, Boris Johnson has lost his majority in the British parliament, thus things look slightly different now.
The betting market has been offering a wide variety of odds regarding the “no-deal” issue, possible elections in the current year, and other probable consequences of Brexit.
Concerning pre-term parliamentary elections on October 15, 2019, which the current PM is yearning for, Paddy Power provides the following betting offers:
- 50/1 that Boris Johnson might be removed from the House of Commons;
- 9/1 that he will stop being the leader of the Conservative Party and 14/1 that Johnson will leave the party completely;
- 2/1 odds that the current Prime Minister will have the shortest serving period.
The main ground for this to happen is a no-confidence vote. But this might occur only in case a No Deal Brexit is not taken into consideration. Betting odds here are unlikely that it could happen at 1/100, However, there is a possibility of Labour Party’s pushing for one at the end of 2019 – the odds are 12/1.
The majority of British people are worried about the likelihood of No Deal Brexit happening this year. Concerning this issue Paddy Power offers 4/11 odds. For those who trust Johnson’s promises the odds will be 15/8.
As mentioned earlier, British betting companies faced restrictions concerning electronic sports advertising.