Queen Elizabeth II
Queen Elizabeth may abdicate this year, but she won't. Pictured: The Queen smiles as she arrives before the Opening of the Flanders' Fields Memorial Garden at Wellington Barracks on November 6, 2014 in London, England. Getty Images/Stefan Warmuth-WPA Pool

Queen Elizabeth II may abdicate this year in favor of Prince Charles and not Prince William.

Bookmakers Coral is offering a 3/1 odds on Prince William taking over the role due to the fact that he has been attending secret meetings in preparation for the important job. However, the betting company also suspended the betting following a surge last weekend.

The prediction came amid continuous speculation that Her Majesty will be scaling back her duties to spend more time with her family. However, Coral’s spokesperson John Hill told Daily Star that Prince Charles is also being backed to take over his mom’s position this year.

“The Queen has already reduced her responsibilities over the last 12 months and punters feel as though 2019 will be the year where she steps down fully with Prince Charles and Prince William both being backed to take over,” he said.

Her Majesty abdicating will mean that she would willingly step down from her position as the current head of state, and the throne would be passed down the line of succession, starting with Prince Charles and followed by Prince William. But while the Queen can abdicate anytime she wishes, it is highly unlikely that she would.

During her 21st birthday speech, the monarch declared that she will serve the Commonwealth her entire life. In 1953, she repeated the same sentiments while giving another speech.

“Throughout all my life and with all my heart, I shall strive to be worthy of your trust,” she said.

In related news, Prince Charles made headlines earlier this month after it was revealed that he will become king, but he may be asked to abdicate from the throne as soon as possible to make way for Prince William.

A survey by BMG Research revealed that 46 percent of the 1,500 British respondents want Prince Charles to give up the throne immediately. Approximately 27 percent also showed strong support for a move to directly pass the crown to Prince William. And only 13 percent strongly oppose the idea of Prince Charles abdicating.