Bookmakers Say 40% Chance that Pubs Will Close Due to Corona by the End of January

Bookmakers Say 40% Chance that Pubs Will Close Due to Corona by the End of January
Steve Madgwick
Steve Madgwick Editor-In-Chief

I've spent over 20 years inside the betting industry. I'll guide you to avoid the hype, ignore the noise, and steer clear of the common pitfalls that catch out everyday punters.

  • Bookmakers taking bets on pub closures due to Covid
  • Good News: 66% Chance of staying open according to bookies
  • 6/4 Betting odds for door bolts to go back on

In the run-up the Christmas week betting sites have come up with odds on the doors of the UK's pubs being forced to close and bolt their doors once.

Anyone finding the prospect of not being able to go down the pub to celebrate the end of word for Christmas, seeing in xmas on the 24th, a lunchtime drink on Boxing day or New years Eve celebrations unthinkable might take a look at the odds and market created by the Smarkets Exchange

Pubs To be Forced to Be Closed Before the End of January 2022

Pubs to Close Again Odds Probability
Yes 6/4 40.0%
No 1/2 66.67%


Whist bookmakers have a 40% probability of Pubs having to close again, the good news is there is a 66% chance they will stay open. 'Another one in there landlord!!'
Nigel Skinner - Current Affairs Betting Specialist - OLBG.com

Massive Lost Businesses

According to a report published back in March, over 12,000 bars, pubs, and restaurants had shut down in the United Kingdom since December 2019—a rate of around 30 per day.

Many of those down to the forced closure throughout 2020.

At the same time it might be said that 4,000 of those were reopened under new ownership, management, but still it showed an 8000 net loss of the Great British Pub.

With the net loss of another 8000 British pubs during the last lockdown, landlords will be praying doos remain open in the latest spread.
Nigel Skinner - Current Affairs Betting Specialist - OLBG.com

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