Boris Johnson is set to apologise to the House of Commons on Tuesday and odds on Betfair Exchange have been slashed from 11/5 to 2/1 for the Prime Minister to leave his role this year following a flurry of bets.
Johnson is 16/5 to depart by next year and 6/5 to be gone by 2024 or later, meanwhile, Liz Truss is the 6/1 favourite to succeed Johnson as Tory leader and she is followed closely by Ben Wallace (7/1).
Betfair Exchange: Boris Johnson exit date
2022: 2/1 (was 11/5)
2024 or later: 6/5
Betfair Exchange: Next Conservative leader after Boris Johnson
Liz Truss: 6/1
Ben Wallace: 7/1
Tom Tugendhat: 17/2
Jeremy Hunt: 17/2
Penny Mordaunt: 11/1
Rishi Sunak: 12/1
Sajid Javid: 16/1
Betfair spokesperson Sam Rosbottom said, “The pressure on Boris Johnson’s position remains, with the Prime Minister set to apologise to the House of Commons for breaking lockdown rules.
“Following a flurry of bets over the Easter weekend, odds on Betfair Exchange have been slashed on Johnson to leave his role this year, which is now 2/1, having been 11/5 last week, while he is 16/5 to go by 2023.
“Looking at who could take over as the next Conservative leader if Johnson does step down, Liz Truss is the 6/1 favourite, while Ben Wallace is 7/1 with Tom Tugendhat and Jeremy Hunt both 17/2.”
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