Home Business News Political punters on Betfair Exchange are backing Boris to be gone before this year’s Conservative Party Conference

Political punters on Betfair Exchange are backing Boris to be gone before this year’s Conservative Party Conference

by LLB political Reporter
12th Jan 22 2:17 pm

The Prime Minister is 16/1 with Betfair to announce his resignation today as he broke his silence at Prime Minister’s Questions today.

It’s 7/1 with Betfair that Johnson quits this week, while it’s just 4/1 he steps down during January.

Whilst political punters on Betfair Exchange are also backing for him to be gone before this year’s Conservative Party Conference (10/11 – 52% chance) or at least by the end of the year (8/11 – 58% chance), meaning it’s now odds-on that the PM goes at some stage in 2022 and Rishi Sunak remains the clear 15/8 favourite to replace the PM

Betfair Spokesperson, Sam Rosbottom said, “The latest betting suggests the clock is ticking for Boris Johnson as he prepares to face the music over the alleged party at PMQs today, with odds of 16/1 saying he quits before the day is out.

“Even shorter odds of just 4/1 indicate there’s a real chance the PM has resigned by the end of January, whilst punters on Betfair Exchange are backing him to be gone before this year’s Conservative Party Conference (10/11 – 52% chance) or at least by the end of the year (8/11 – 58% chance), believing it’s only a matter of time before we have a new Prime Minister in place.

“In terms of a replacement, long term favourite Rishi Sunak still heads the betting at 15/8, with Liz Truss at 11/4 and Michael Gove at 6/1 the next two most likely alternatives should the PM vacate number ten.”

Betfair – when will Boris Johnson announce his resignation?

By midnight tonight (12th Jan) 16/1

By the end of this week (16th Jan) 7/1

This month 4/1

Betfair Exchange – Boris Johnson PM for 2022 Conservative Conference?

Yes evens (50% chance)

No 10/11 (52% chance)

Betfair Exchange – Boris Johnson exit date

2022 8/11 (54% chance)

2023 6/1 (14% chance)

2024 or later 2/1 (33% chance)

Betfair Exchange – Next Conservative Leader after Boris Johnson

Rishi Sunak 15/8

Liz Truss 11/4

Michael Gove 6/1

Jeremy Hunt 8/1

Priti Patel, Sajid Javid, Oliver Dowden 14/1

Tom Tugendhat, Penny Mordaunt 16/1

Betfair Exchange – Government after next election (first new cabinet)

Conservatives majority 15/8

Labour minority 3/1

Conservative minority 3/1

Labour majority 11/2

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