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Odds slashed on General Election

August 12th, 2019 Home, Media & Journalism, News & Events, Politics, Press Release

Bookmakers have slashed the odds on new Prime Minister Boris Johnson calling an early General Election.

The next election is not due until 2022, but rumours are now rife that the new PM could call one again this year.

It is believed that Johnson will first look to push through Brexit – which he wants doing by the next official deadline of the end of October

And the odds suggest he is in good shape to get Brexit through this year with the success being rated at 8/13 and the chance of an election is similar odds with that now at 8/15 from Evens.

Off the back of this, the Conservatives have been made odds-on favourites at 8/11 to win – but who would they face, as off the back of the election talk there is also speculation that Labour could look to replace Jeremy Corbyn.

And there is a big mover in the market for a Corbyn replacement with Sir Keir Stammer backed in massively to 11/2 from 8/1.

OddsMonkey spokesman Peter Watton commented: “Is it a real surprise that we now have so many politics markets in place with Boris Johnson as Prime Minister

“There is Brexit, which he is odds-on to achieve, a general election – again which he is odds-on to win and also could he force a change in the opposition at Labour?

“The main area of interest has been in a new general election – we have seen a raft of policy announcements, especially around prisons and security, and many onlookers believe this is a pre-cursor to a run at an election and Bookmakers and punters are in agreement with it now being 8/15 that we see on in 2019 – despite the fact we are already in August.”

Selected odds:

Brexit to happen in 2019

Yes – 8/13
No – 6/5

Year of next UK General Election

2019 – 8/15
2020 – 11/5
2021 – 20/1
2022 – 9/1

Most Seats at next General Election

Conservatives – 8/11
Labour – 2/1
Liberal Democrats – 9/1
Brexit Party – 12/1
Change UK – 200/1

Next Labour Party Leader

Sir Keir Starmer – 11/2
Rebecca Long-Bailey – 6/1
Emily Thornberry – 8/1
Angela Rayner – 9/1
John McDonnell – 12/1
Tom Watson – 14/1
Yvette Cooper – 16/1

*Odds correct at time of writing

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