Jake is a Football and Entertainment betting expert, with a Man City season ticket and a deep knowledge of reality TV betting angles
- Bookmakers now make it 1/2 that the UK goes into recession this year
- Odds were 5/2 for a recession in 2022 last October but over a year on the odds have changed
- Financial Betting - What is it and How to Do It?
Bookmakers now make it 1/2 that the UK goes into recession this year
The chances of a recession in the UK before the end of this year is looking increasingly likely according to odds by bookmakers this week.
It's now 1/2 that the UK goes into recession in 2022, shortening slightly from the 8/15 it was at the beginning of October.
Smarkets give odds on the recession and make it 10/11 that it doesn't happen this year.
Recession Betting Odds 2022
| Will there be a recession in 2022? | Odds | Probability |
|---|---|---|
| No | 6/4 | 40.0% |
| Yes | 8/15 | 66.7% |
Odds were 5/2 for a recession in 2022 last October but over a year on the odds have changed
Our news piece this time last year looked at a variety of different outcomes for 2022, including whether or not there will be a recession.
At the time, bookmakers gave an 83% chance that no recession would happen during this year.
That has changed drastically in the space of a year though with the odds now heavily backing a recession to happen in the remaining months of the year.
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.
