Many people bet based on headlines or hunches. I dig into research and market moves behind political odds & manager markets, so you can back decisions, not guesses.
- Betting Sites give 83% chance no recession will occur in 2022
- Punters who think there will be can get 300% return, by betting Yes!
- Keeping out of recession will help Rishi Sunaks chances of eventually becoming Prime Minister
New betting odds based on the chances of a recession in the UK in 2022, give a huge vote of confidence that Rishi Sunak, the government and the Finance world can help avoid recession and offer odds of just 1.20 that it will be avoided, which translates into almost 83% probability no recession will happen.
Betting fans who feel there will be, can bet at odds of 5/2 on it happening, perhaps offsetting the effects for them personally should the UK sink into it.
Recession Betting Odds 2022
|
|
Odds | Probability |
|---|---|---|
| No | 1/5 | 83.3% |
| Yes | 5/2 | 28.57% |
What is the definition of Recession
A recession is considered a drop in GDP for two consecutive three-month periods, (Quarters) in a row.
The last time this happened in the UK was early in 2020, the first time it had happened since 2009.
Recession is generally bad news for everyone as there are fewer jobs, less profits, interest rates drop and inflation can rise.
Do not consider betting on a recession happening as a way of offsetting the situation however, Gambling is never a good practice or protection against a recession, and especially bad if betting more than you can afford to lose.
Rishi or Kier for PM?
It is still a neck-and-neck race for favouritism in the Next prime Minister betting race, with current chancellor Rishi Sunak sharing favouritism with Keir Starmer at the head of the betting. Stacing off recession will to the Tory MP no harm in possibly replacing Boris Johnson eventually as head of the Tory party, and probable Prime Minister duties.
Next Prime Minister Betting Odds
|
|
Odds | Probability |
|---|---|---|
| Kier Starmer | 4.5 | 22.22% |
| Rishi Sunak | 4.7 | 21.28% |
| Liz Truss | 10 | 10% |
| Michael Gove | 17.5 | 5.71% |
| Jeremy Hunt | 21 | 4.76% |
