SBC News Voice of the Sports Betting Industry
Following on from the Government’s defeat in the Supreme Court yesterday afternoon, Paddy Power has tipped Boris Johnson to become the shortest-serving Prime Minister in UK history.
The bookmaker has slashed the odds on Johnson resigning his position as PM after the Supreme Court ruled his decision to suspend Parliament was unlawful, with odds now listed as 2/1 that he will resign before the end of the year.
Spokesperson from Paddy Power commented: “We think Britain is destined to go back to the polls – so the country can spend the next couple of years arguing about the result.
“Though we still make the Conservatives the clear favourites for the General Election, the odds on Boris going are shortening after the Supreme Court’s ruling – get ready for yet more chaos.”
Odds are currently 6/4 that he will be removed as party leader before the next General Election, with odds of the UK going to the polls now at 1 /3 with a December election considered to be the most likely at 13/10.
Paddy Power has slashed the odds of the Liberal Democrats gaining 20-25 per cent of the vote in a general election, with odds now at 5/2, compared to the 3/1 odds of Labour gaining the same percentage.
Despite what might be considered to be a period of political chaos and uncertainty, the Conservatives are still expected to win a potential general election at 1 /3, compared to Labour and Liberal Democrats being priced as 10/3 and 12/1 respectively.
