Odds slashed for early general election as Boris Johnson wants Parliament suspended

Odds have been slashed by bookies over the general election this year, as Boris Johnson asked the Queen to suspend Parliament in September.

The Prime Minister will temporarily be closing down the House of Commons from the second week of September until October 14, when there will be a Queen’s Speech to open a new session of Parliament.

Some have said the move is a bid to stop rebel MPs from blocking a. no-deal Brexit.

Ladbrokes cut its odds for a November election from 2/1 to 11/8. William Hill also offers odds of 11/8 for Britain going to the polls before the end of the year.

Betfair said the chances of a November general election went from 11/4 yesterday down to 9/4, with the same odds for n election in October.

William Hill spokesman Joe Crilly said: “The odds of a November general election have come in and it looks like it will be a matter of weeks between the Queen’s Speech, Brexit and the next General Election.”

Ladbrokes has said there is a 100/1 chance of a general election in September, with a 7/2 chance of an October general election. There is a 16/1 chance of an election in December and 13/8 for 2020 or later.

Oddschecker spokesman Callum Wilson said: “British politics is rife with uncertainty and instability, so it would be fitting for an election to be called in 2019 to throw another cat amongst the pigeons.

“At Oddschecker, we’ve seen a flurry of bets placed on October being the month of the next General Election… over the last 24 hours.”

Betfair spokesperson Katie Baylis added: “In what has been another unprecedented 24 hours for British politics, as you would expect, the Betfair Exchange political odds markets have been moving and shaking all day. One of the big talking points is whether we are likely to see a General Election this year, particularly in the next couple of months.”

Paddy Power has said that there is a 2/5 chance of 2019 being the year of the next general election, followed by 9/4 for 2020 and 25/1 for 2021.

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