Mayor Of London Betting Odds

London Mayor Betting

• The London Mayoral election will be held on the 2nd May 2024
• Sadiq Khan the current Mayor of London has intimated that he will stand again. 
• Jeremy Corbyn is quoted as the second favourite in the Mayor of London betting market. 

Mayor of London Betting Odds

History of the London Mayor

There have been three London Mayors since the devolution referendum of 1998.  Incumbents normally govern for four-year terms.  Each mayor manages a huge budget and aims to make London a better place for everyone who works, lives, and visits the city. 

Previous London Mayors

Betting On The Next London Mayor

There is nothing complicated about betting on political races such as the London Mayor, it is just a betting market like a list of horses for the Grand National.

If you do not have an active online betting account, then head over to our betting sites section where you will see a list of bookmakers available in the UK. 

We have in-depth reviews so you can see what other users think of them before deciding, or head over to the free bets page where you can see the list of welcome offers currently available from all UK betting sites.

Alternatively, if you prefer to bet via an app check out our best betting apps review.

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Once at your chosen betting site click the politics tab, here you will see the option to look at the list of London Mayor candidates being offered as options to bet on.

• All you need do is click on your selection.
• This will open up the bet slip, at which point you will see confirmation of the betting odds being offered
• Now you choose your stake - most betting sites will show you how much you can expect to have returned if your prediction is correct.
• If you are happy, simply hit, PLACE BET, to confirm your selection, stake, and bet.
• You will be given a receipt for your bet and it will appear in your open bets in your account details.
• Then it's just a matter of waiting to see who is finally chosen as the next London Mayor. 

London Mayor Candidates

Sadiq Khan

Sadiq Khan has been the London Mayor since 2016 when he beat Conservative Zac Goldsmith with 57 % of the vote. He followed this with a 2021 victory over Conservative rival Shaun Bailey. He seems popular with a wide cross-section of Londoners although his 2023 extension of his ULEZ (Ultra Low Emission Zone) policy has angered drivers, although it has significantly reduced the number of vehicles entering the zone. 

Jeremy Corbyn

With the former Labour leader not being allowed to stand for Labour in Islington North at the next General Election his supporters have encouraged him to enter the London Mayoral race. If he does then this may well split the Khan vote. 

David Lammy

The Tottenham MP put himself forward as the Labour mayoral candidate in 2014 but finished fourth behind Sadiq Khan, Tessa Jowell and Diane Abbot. He is quoted in the London Mayor Betting for 2024 but if Khan stands then he may have to wait until 2027. 

Dawn Butler

The London MP for Brent North Dawn Butler is in a similar position to David Lammy and may have to wait for the reign of Khan to come to an end to win the Labour nomination. 

Rory Stewart

Rory Stewart announced in  2019 that he was standing as an Independent candidate for London Mayor, and would be taking on Khan and Bailey. With the 2020 campaign postponed due to COVID, he could not maintain his campaign in 2021 and he withdrew. 

His time may have passed but he is the only non-Labour candidate currently quoted in the race for 2024. 

Next Mayor of London Betting News Diary Timeline

The betting odds for The Next Mayor of London will change throughout the year as the bookmakers react to candidates formally declaring their intention to stand.  

Here is a round-up of Next London Mayor News from our OLBG News feed.  

13th October 2021

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Sadiq Khan is a 50% chance in Next Mayor of London Betting, despite cancelling NYE Fireworks

Mayor of London Sadiq Khan is under fire, as is par for the course in the job, for amongst other things, cancelling the New Year's Eve Fireworks display in London for the second consecutive year.

It has not harmed his chance of retaining his position in the Mayor of London Betting, however, as he retains a 50% chance of keeping the job when the elections come around in 2024.

London Mayor Voting

In 2021 there were originally a host of candidates with very little chance (19). If no candidate gets 50% of the votes the top two continue to a run-off and all other candidates are eliminated. 

The two top candidates who were Khan and Bailey then competed in a second round of votes which resulted in Sadiq Khan being elected.