Queen Elizabeth II and Prince Charles
Queen Elizabeth II might give up throne next year and pass it on to her son, Prince Charles. Pictured: Queen Elizabeth II and Prince Charles pose together before a State Banquet in honour of the visiting King Willem-Alexander and Queen Maxima of the Netherlands at Buckingham Palace in London on Oct. 23, 2018. Getty Images/Peter Nicholls

Queen Elizabeth II is still active in her monarch duties, but many believe that she will abdicate the throne next year.

Bookies have slashed the odds that the Queen will step down from the throne and pass it over to her eldest son Prince Charles. According to Bookmaker Coral, the odds of Her Majesty abdicating in 2019 have slashed from 3-1 to 2-1.

"The Royal family is continuing to grow and with another great-grandchild on the way now many are suggesting that the Queen might abdicate during 2019," Harry Aitkenhead said (as quoted by Express).

However, previous reports claim that it's unlikely for Queen Elizabeth II to abdicate. In fact, even before she was held as the monarch, she has already dedicated her life in service to the country.

"I declare before you that my whole life whether it be long or short shall be devoted to your service," Queen Elizabeth II said in her 21st birthday speech in 1947. She repeated the same sentiment after six years. "Throughout all my life and with all my heart, I shall strive to be worthy of your trust," she said in 1953.

Also, there are multiple reasons why Queen Elizabeth II won't step down. The Queen promised to reign for life. Also, she has reportedly never considered abdication.

"The Queen simply feels she must do her duty and she's never even contemplated abdication," Sarah Bradford said in her book "Queen Elizabeth II: Her Life in Our Times."

In addition, the public loves her and she feels that it's her duty to reign. Also, it's not necessary because she can always delegate the works to the younger members of the royal family.

In related news, some suggest that Queen Elizabeth II won't step down because she and Prince Philip are not impressed with Prince Charles' leadership skills. According to Tom Bower, in his book "The Power, Passion And Defiance of Prince Charles," the Queen and Duke of Edinburgh wanted to live longer to keep the Prince of Wales from the throne. In this way, Prince Charles would "have little opportunity to damage the monarchy."

On Netflix's documentary titled "The Royal House of Windsor," it showed that the royal family feared that Prince Charles' "playboy prince image" would lead him to make the same mistake that King Edward VIII did when he abdicated the throne to pursue his romance with Wallis Simpson.