What's Happening With Brexit And The Next Prime Minister?

The latest sportsbook odds relating to Brexit and the United Kingdom's next Prime Minister
Oddschecker
Mon, May 20, 1:11 PM

Our friends across the pond are in the midst of one of the biggest political moments of recent years as tensions are rising as Brexit looms closer.

Prime Minister Theresa May is also on shakey ground having given her word that she'd stand down before the next stage of the process, in a desperate bid to push Brexit through. Now the country is unsure of how, when or if, Brexit will happen, whilst the Tory party are getting set to look for a new leader.

Here are the odds relating to the UK's next steps with Brexit, and the odds for the third Tory leader since the original referendum was announced.

Will the UK have a second referendum?

The bookies are casting down on this, with No being priced at -350 and Yes +275.

Will the UK leave without a deal?

It looks unlikely with a No Deal Brexit priced at +500. One book is so sure that Article 50 (the legislation behind Brexit) gets extended beyond 03/30/2019 or revoked, they've priced it as -2500.

So when will Britain leave the EU?

The shortest, and most likely price, is not before the end of 2019, available at -188. July until December is next at +150. If you think it'll April to December you'll get +138, whilst the the long shot is for Brexit still to have happened by January 1st 2022 at +225.

Who will be the next Prime Minister?

As if that wasn't enough, the Conservative Party will need to elect a new leader. This has sent shockwaves through the Next Prime Minister market.

Boris Johnson is favorite to replace Theresa May and become the next Tory leader and PM, he's available at a best price of +250 and as short as +275. Dominic Raab looks next in line at +700, whilst Jeremy Hunt and Michael Gove have lengthened to +1200.

Labour Party leader Jeremy Corbyn has plummetted to +2000, down from as short at +600 since the start of the year as the confusion around Brexit, and issues within his own party, have damaged his stock.

All odds are taken from Oddschecker UK.

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