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- UK now just 30/1 to hold referendum on abolishing the Monarchy by 2030
- Previous odds looked at Australia and Canada holding referendums
- Betting specials also given for the King's Christmas Day Speech
UK now just 30/1 to hold referendum on abolishing the Monarchy by 2030
Betting markets continue to be offered on the Royal Family with odds now given on whether there will be a referendum on abolishing the Monarchy before 2030.
Following the death of Queen Elizabeth II the support for the Monarchy seems like it has been on the decline with various data pieces looking at how the British public react to the Royal Family.
Recent surveys from NatCen say that 54% of Brits believe it is ‘very’ or ‘quite important’ that Britain has a Monarchy which is the lowest amount since 1983.
Betting sites now make it 30/1 that we see a referendum called on abolishing the Monarchy with just a 3.2% chance implied that it'll happen before 2030.
| UK to hold referendum on abolishing the Monarchy by 2030? | Odds | Probability |
|---|---|---|
| Yes | 30/1 | 3.2% |
What the expert says...
Previous odds looked at Australia and Canada holding referendums
OLBG have previously reported on both Australia and Canada potentially holding referendums on the Monarchy being abolished with the two countries given a 4/1 shot.
Those odds from April this year suggested a 20% that the two countries will hosting referendums in regards to the Royal Family in the next 5 years.
There are currently 15 Commonwealth realms with nine in North America, five in Oceania and the United Kingdom itself with more than 150m under the Monarchy.
Referendum on Monarchy Betting Odds: Bookies now go 4/1 that Australia and Canada both hold referendum's on Monarchy before 2030!
Betting specials also given for the King's Christmas Day Speech
Further specials look at what the King may say during his 2024 Christmas Day speech with bookmakers playing 'King's Speech Bingo' in a brand-new market.
The King will once again address the nation on December 25 to speak about the past year with many massive events taking place throughout 2024 including his cancer diagnosis.
Mentions of Prince William and Kate Middleton appear towards the top of the betting odds with Harry and Meghan both also featuring at 6/1.
