Odds slashed on Boris Johnson leaving 10 Downing Street in 2020

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Pressure Mounting

As the pressure continues to mount on Prime Minister Boris Johnson, the bookmakers have slashed the odds on him vacating 10 Downing Street before the end of the year. Indeed punters have been backing Johnson to exit prior to the close of 2020 in their droves and the bookmakers have reacted by shortening his odds from 12/1 to as short as 2/1 over the past couple of weeks.

 

Implied Probability

This implies a probability of 33.3% that Boris Johnson’s exit date is before the end of the current year, however you can still get odds as high as 4/1 that this proves to be the case, Betfred Bookmakers offering this best price.

 

Unlikely to leave just yet

Odds continue to shorten on Johnson’s exit date being 2021 with one leading bookmaker going as low as 7/2 on this eventuality coming to fruition.  A general price of 6/1 is up for grabs that the serving PM leaves 10 Downing Street in 2022, however the general consensus is that he will remain in office until 2022 or later with most firms going odds-on at 3/10.

An exit date of 2023 or later is also odds-on at 3/5, suggesting that Boris Johnson will remain as the serving UK Prime Minister for many years to come.

 

General Election

Favourite to take the reins from Johnson is Labour leader Keir Starmer although clearly for that to happen there would need to be a General Election, something which isn’t likely in the shorter term.

 

 

Boris Johnson Exit Date Odds from Betfred Bookmakers

 

3/10 –  2022 or later

3/5  –  2023 or later

Evens – 2024 or later

4/1  –  2020

6/1  –  2021

6/1  –  2022

6/1  –  2023