The UK is now odds-on to still be a full member of the EU on January 1 2020, according to the latest odds.
As a result Blair is also now at the centre of a long-odds gamble to return to Number 10, as his price of becoming the next PM tumbles to 50/1 from 200/1.
Alex Donohue of Ladbrokes said: “Few people have the capacity to move a market like this but the Blair effect means it is now odds-on Britain is still a fully paid up member of the EU in 2020.
“The odds of another referendum taking place are also very similar to the odds of leave winning for much of this year, so we shouldn’t rule that out either.”
Finally, it looks like Ed Balls will fail in his bid to land yet another political earthquake for 2016 as his odds of being eliminated from Strictly Come Dancing this weekend have been slashed to 11/8 from 5/1.
Donohue added: “It looks like it will be the end of the road for Balls on Strictly. Punters finally believe some normality will return to 2016 and the betting suggests a novelty act who entered the race as an outsider will finally bite the dust this weekend.”
Ladbrokes latest betting
An EU referendum to take place before end of 2020 – 3/1
UK still full member of the EU on 1/1/20 – 10/11
Tony Blair to be next Prime Minister – 50/1
Strictly – Ed Balls eliminated this weekend – 11/8
All Odds and Markets are correct as of the date of publishing