Will there be a recession in the UK in 2022? 8/15 that it happens according to bookmakers!

Bookmakers now make it 8/15 that the UK goes into recession this year

The chances of a recession in the UK before the end of this year looks more and more likely according to odds by bookmakers this week.

It's now odds on at 8/15 that the UK goes into recession in 2022, shortening from 4/5 at the beginning of August.

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	10/11	52.4%
Yes	8/15	65.2%

Odds were 5/2 for a recession in 2022 last October but 12 months on the odds have changed

Our news piece this time last year looked at a variety of different outcomes for 2022, including wether 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 massively 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.