I break betting odds news as it happens, so you’re never left behind when the market moves or a top offer lands.
- Boris Johnson is the 7/2 favourite to return as leader of the Conservative Party
- Penny Mordaunt just behind in the market at 4/1
- Suella Braverman is third favourite but 71% chance she leaves her role as Home Secretary this year
Boris Johnson is the 7/2 favourite to return as leader of the Conservative Party
Boris Johnson is the bookmakers favourite to return as leader of the Conservative Party after Rishi Sunak's reign ends.
Johnson was linked with coming back to the Tory Party to run for Prime Minister after Liz Truss resigned but he ended up pulling out of the race.
Paddy Power though make Boris Johnson the outright favourite to lead the Conservative Party next once Sunak goes.
| Next Conservative Party Leader | Odds | Probability |
|---|---|---|
| Boris Johnson | 7/2 | 22.2% |
| Penny Mordaunt | 4/1 | 20.0% |
| Suella Braverman | 15/2 | 11.8% |
| Jeremy Hunt | 17/2 | 10.5% |
| Ben Wallace | 9/1 | 10.0% |
Johnson claimed that he had “cleared the very high hurdle of 102 nominations” to take part in the race for Prime Minister 10 days ago.
He stated though that it was simply not the right time to take over again as leader of the Conservative Party.
Penny Mordaunt just behind in the market at 4/1
Penny Mordaunt is the second favourite in the betting market to be the next Conservative Party leader.
Mordaunt pulled out of the race for Prime Minister against Rishi Sunak at the last minute but remains in the market to become leader next.
It may well be that she didn't get anywhere near the votes needed to go against Sunak in the race though.
Next Conservative Leader Betting Odds
Suella Braverman is third favourite but 71% chance she leaves her role as Home Secretary this year
Suella Braverman is third favourite to be the next Conservative leader despite talk around her being at risk of leaving her current role.
Braverman has been under pressure to explain actions around her resignation as Home Secretary under Liz Truss after being reinstated by Rishi Sunak just six days later.
Smarkets now make Braverman 2/5 to leave her role as Home Secretary before the end of the year with pressure mounting on her this week.
| Braverman to be Home Secretary on January 1st 2023 | Odds | Probability |
|---|---|---|
| Yes | 9/5 | 35.7% |
| No | 2/5 | 71.4% |
