10/11 odds that General Election happens in 2019

No change in Election favouritism

Ahead of the Queen’s speech in Parliament on Monday, the speculation about a General Election this year was running rampant once again. It has been such a hot year for political betting and this was another big moment in the calendar as the nation waits to see what happens over Brexit.

2019 Remains the favourite

Over the weekend, the chance of a 2019 election was at 10/11 which held steady after the Queen’s address in Parliament* (betting odds taken form Ladbrokes on October 14th, 2019 at 18:28). There was a long shopping list of new bill proposals set out by Boris Johnson’s government. The purpose of which was to give a “new age of opportunity for the whole country”.

Opponents shouted it all down saying that it was all merely a propaganda-based electioneering exercise. That’s because Johnson doesn’t hold a majority in the Parliament. So he would have some issues getting a large chunk of his proposed legislation through.

The next most likely date for an election remains 2020 which is at 11/10 with Ladbrokes* (betting odds taken form Ladbrokes on October 14th, 2019 at 18:28). It would be a huge stretch, with everything that is going on, to presume that one wouldn’t happen by the end of next year.

Johnson’s position still in doubt?

The deadline for the October 31st Brexit is right there. Still nobody knows what is going to happen on that date. The Government is still insisting that they can get a deal done. Boris Johnson is still odds-on to be the shortest-serving Prime Minister in history, which would happen if he is out of office by November 20th.

Next Primer Minister

There has been no shift in the Next Premier Minister betting market. Nor is there likely to be until a General Election is called. Opposition leader Jeremy Corbyn remains the clear 2/1 favourite to be the next person to occupy No. 10 after Johnson* (betting odds taken form Ladbrokes on October 14th, 2019 at 18:28). Out in double figures as the main contenders to Corbyn are Ken Clarke, Margaret Beckett and Jo Swinson.


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