The odds on Boris Johnson replacing David Cameron as Prime Minister this year have shortened following an eventful political weekend in the UK and across Europe.
Boris is now a 10/1 shot (from 20/1) to stride into Downing Street at any point in 2016, as the ‘Bojo factor’ also triggers a rush of Brexit bets forcing the odds of a Leave outcome into 15/8, from 12/5.
According to our Brexit betting barometer, the Mayor of London has eroded all of the gains made by Remain following the PM’s return from Brussels, with the current dial illustrating that there’s a 33% chance of Brexit.
Alex Donohue of Ladbrokes said: “Political punters can’t get enough of Boris and fresh from backing him into favouritism for party leadership, his fans are now betting he’ll have his bosses’ job before the end of the year too.”
He added: “We’ve never known one politician with his power when it comes to moving markets. Every time he opens his mouth we reach for our chalk.”
Click here for the latest EU Referendum moves courtesy of our betting barometer.
Ladbrokes latest betting:
Boris Johnson to become PM this year 10/1
All Odds and Markets are correct as of the date of publishing.