Paddy Power suspend betting on a UK general election being called

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Paddy Power have been forced to suspend betting on a general election to be called, following the news that Prime Minister Boris Johnson has called a cabinet meeting for later today.

The odds of the election to be announced fell from 2/5 this morning, into 1/5 and finally 1/10 in the last hour – before we stopped taking any further bets on it.

The Tories are currently the odds-on 3/10 favourites to win the election, with Labour rated 7/2 and the Liberal Democrats 16/1.

Be first past the post with PaddyPower.com’s Politics odds

A no-deal Brexit is now more likely too – as the odds fall from 11/8 this morning to 11/10 now.

Spokesman Paddy Power said: “Boris Johnson’s cabinet meeting announcement has sent the betting on a general election to take place this year into overdrive. And, as a result, we’ve been forced to stop taking any further bets on it.

“The news also makes the chances of Britain leaving without a deal more likely than ever.”

GENERAL ELECTION ODDS:

3/10     Conservatives
7/2       Labour
16/1     Liberal Democrats
16/1     Brexit Party
500/1   UKIP

NO DEAL BREXIT:

4/6        To leave with a deal
11/10    To leave without a deal

Find a full list of politics odds on paddypower.com

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