Jake is a Football and Entertainment betting expert, with a Man City season ticket and a deep knowledge of reality TV betting angles
- Bookmakers make it 4/5 that the UK goes into recession this year
- Odds were 5/2 for a recession at the start of the year
- Financial Betting - What is it and How to Do It?
Bookmakers make it 4/5 that the UK goes into recession this year
The chances of a recession in the UK is looking increasingly likely according to odds by bookmakers this week.
It's now 4/5 that the UK goes into recession in 2022, shortening from 13/8 at the end of July.
Smarkets give odds on the recession and make it 21/20 that it doesn't happen this month.
Recession Betting Odds 2022
| Will there be a recession in 2022? | Odds | Probability |
|---|---|---|
| No | 21/20 | 48.8% |
| Yes | 4/5 | 55.6% |
Odds were 5/2 for a recession in 2022 last October
Our news piece towards the end of last year looked at the chances of a recession during 2022.
At the time, bookmakers gave an 83% chance that no recession would happen during this year.
That has changed drastically though almost 12 months later with it now odds on that it happens.
Financial Betting - What is it and How to Do It?
Financial Betting is popular when it comes to betting in the UK, especially on the betting exchanges.
Sites with exchange betting like Betfair and Smarkets allow you to bet on various angles when it comes to financial betting.
Our Financial Betting blog looks further into the specific markets that are available on these sites.
