A major bookie cuts odds that Prime Minister Boris Johnson will resign this week. Betfair offered odds of 7/1 that Boris Johnson resigns after the backlash for attending a party during the lockdown.
According to pay per head reports, the short chances imply assuming he stops before the week is over. So a £10 bet would land you with £70 in winnings.
The people who figure the Prime Minister may be compelled to leave much before can get 16/1 chances that he leaves January 12. So the shortest odd in Betfair is for the Prime Minister to stop before the finish of January, with costs sliced to only 4/1.
Bookie Cuts Odds of Boris Johnson Resignation
Betfair’s in-house handicappers decide on the odds. However, the organization likewise offers an exchange service where players can make their market for wagers. So it is good practice if you are thinking of becoming a bookie. On Betfair Exchange, the market is inclining towards the UK having another Prime Minister before the year’s over.
The latest wagering action suggests that Boris Johnson’s time as the prime minister is coming to an end soon. Even the shorter odds of 4/1 show that there’s a chance that PM Johnson will resign by the end of the month. Also, bettors on the Betfair Exchange think that he would be out of office before the Conservative Party Conference. They believe there will be a new Prime Minister before the year ends.
However, it is still uncertain whether Boris Johnson will resign or not. What’s certain is that you can learn how to be a bookie the fast and easy way.
The favorites for the next Prime Minister are Rishi Sunak, Liz Truss, Michael Gove, and Jeremy Hunt.