The rapper's novelty shows no signs of wearing off after escaping the bottom three again on Sunday night.
The latest results instead saw Samantha Lavery in the elimination zone for the first time while Four Of Diamonds left after the sing off against Saara Aalto, the third time both had been in the bottom two.
Seven acts now remain in the competition and Honey G's odds continue to be cut.
Matt Terry is still the one to beat right now but he has seen his price eased slightly to 8/11 from 8/13 following a flurry of bets for Honey G.
The 35 year old, whose real name is Anna Gilford, is now 15/2 from 12/1 to cause a shock and win X Factor following huge support throughout the weekend.
Matt’s main rival in the betting is Emily Middlemas at 5/2 whilst boy band 5 After Midnight have seen their price ease out to 14/1 from 6/1 to win the show.
Saara Aalto who survived elimination after being saved by the judges on Sunday is priced at 25/1 with Samantha Lavery and Ryan Lawrie both priced as the 50/1 outsiders.
Liam Glynn, BoyleSports spokesperson, said: “Having been as big as 100/1 back in August, Honey G is now 15/2 to win X Factor and anything is possible at this stage with the public continuing to support the so called rapper throughout the weekend.”
He added: “Matt Terry remains favourite to win but he has seen his price eased following the support for Honey G and current second favourite Emily Middlemas.”
Our sixth popularity poll of the series is HERE, vote for your top singer of the Final 7 below...
As always, we'll have a new poll online each Sunday night after the latest elimination.
The X Factor 2016 continues LIVE next Saturday and Sunday night from 8PM on ITV.