Next Conservative Leader Odds

With the Conservatives currently in government, their next leader will not only be in charge of the party but also the country as the Prime Minister. When the existing PM Boris Johnson resigned in early July, eleven candidates stood forward to replace him. Three failed to get enough support to be nominated, needing at least 20 MPS to be behind them, leaving eight candidates. Gradually these candidates were whittled down, with those with the least support in each round being eliminated, until on July 20th, there were two left.

Rishi Sunak and Liz Truss are now fighting to be Prime Minister, with the result of the Conservative member's vote to come on 5th September. In this article, you will find the Next Conservative Leader Odds, the profile of the candidates and the latest betting tips. When gambling on such a market, it’s crucial to have the right bookie. Here are our favourites.

What are the Odds On Next Conservative Leader?

It’s Truss that’s favourite to be the next Conservative leader. Sunak started the process as a favourite, but though he received the most support from MPs, he’s now the outsider. Truss is 4/7 to win (1.57), with Sunak out at 5/4 (2.25). When the eight candidates for the Conservative leadership election were announced, Sunak was the 2/1 (3.00) favourite, with Truss the third favourite at 7/2 (4.5). There was uncertainty over whether Truss could get enough votes for the final two. Her eventual success and Sunak’s struggles in the TV debates have seen the odds flip-flop.

Candidate Fractional Odds Decimal Odds Implied Probability
Liz Truss 4/7 1.57 63.60%
Rishi Sunak 5/4 2.25 44.40%

Who Will Be The Next Leader Of The Conservative Party?

How do race terms influence Pegasus World Cup betting The contest to be the next Tory leader and Prime Minister of the UK is down to just two candidates. Both Rishi Sunak and Liz Truss have served together as senior ministers under Boris Johnson’s leadership and now compete to replace him. Below, we have assessed the two remaining candidates, presenting essential information about them, which includes their Next Conservative Leader odds.

Candidate #1 - Liz Truss

Born in Oxford in 1975, Truss has served as the Foreign Secretary. Of the two candidates, she has the most ministerial experience, having served under David Cameron, Theresa May and most recently Boris Johnson. Truss has been endorsed by her cabinet colleagues Nadine Dorries, Kwasi Kwarteng and Jacob Rees-Moog. In the MP's 5th ballot, she took 31.6% of the vote to finish second behind Sunak and edge out Penny Mordaunt. Available to back at 4/7 (1.57), Truss is pledging to scrap EU rules and make tax cuts if elected.

Candidate #2 - Rishi Sunak

Born in Southampton in 1980, Sunak was Chancellor of the Exchequer for over two years until his resignation on 5th July, in a move that signalled the end of Johnson’s reign. Sunak has been endorsed by Deputy Prime Minister Dominic Raab, along with his former cabinet colleagues Matt Hancock and Grant Shapps. In the MP's 5th ballot, he finished top with 38.3% of the vote. The former favourite to succeed Johnson, he’s now out to 5.4 (2.25). Sunak has been the only candidate to state that he won’t cut taxes, aside from lifting the VAT on energy bills.

Next Conservative Leader Betting tips

Liz Truss may be the frontrunner to become the next PM, but there are still some weeks of campaigning. There may still be some changes in the Next Tory Leader Odds, so here are some tips for betting on the contest.

⏩ Look into the polls: Whenever there’s a political election, it’s worth looking at the polls from organisations such as YouGov. The polls that you should consider are the ones that survey Tory members. The vote to be the next leader is only open to the 160,000 Conservative Party members.

⏩ Shop around the odds: Use odds comparison sites to find the best odds available, then open an account with the bookie. They are particularly likely to fluctuate during televised debates.

⏩ Listen to the experts: There are two types of experts to pay attention to during this contest. Political experts and betting experts. From the political perspective, such experts will have insider information from Westminster. Betting experts will not just look at who is the likely winner but will also factor in the value of the odds.

⏩ Search for history: Since the Conservatives changed their leadership election system to include a final vote by party members (previously, the winner was chosen by MPs), there have been four contests. In three of them, the winner has received around two-thirds of the vote, as shown in our table below.

Year of Tory Election Winner & Votes Runner-Up & Votes
2019 Boris Johnson, 92,153 (66.4%) Jeremy Hunt, 46,656 (33.6%)
2016 Theresa May, unopposed N/A
2005 David Cameron, 134,446 (67.6%) David Davis, 64,398 (32.4%)
2001 Iain Duncan Smith, 155,933 (60.7%) Kenneth Clarke, 100,864 (39.3%)

Full list of the Next Conservative Leader Elections bookmakers

Payoneer spyWe hope you found our article on the Conservative leadership election helpful. By now, you should have concluded on who will be the next Tory leader and over the coming weeks, the situation should get more apparent. Below is a complete list of the bookies offering betting on the Conservative leadership election.

FAQ
Q: Where can I find the best Odds On Next Conservative Leader?

Online bookies will have odds on who will be the new Tory leader in their Politics section. With the contest constantly in the news, the market will likely be prominently displayed on the home pages of bookmakers. Use odds comparison sites to determine who offers the best odds on your preferred candidate.

Q: Is this election for the next UK prime minister?

The Conservative Party are calling for a new leader. As the Tories are currently in government, the winner of this contest will succeed Boris Johnson and become the new Prime Minister. The next general election is in January 2025 unless the Conservatives decide to call it sooner.

Q: What should I look out for when Betting On Next Conservative Leader?

Check out the polls that take in some of the 160,000 Tory members that will vote in this election. Also, pay attention to political experts and betting tipsters, as they should have valuable insight into who will win. Shop around with different bookies to get the correct odds.

Q: Who is voting for the next leader of the Conservative party?

Eight candidates found enough support from fellow Tory MPs to enter the contest. Over five ballots, the Conservative MPs whittled the candidates down to two. Now the Conservative Party members will vote between Rishi Sunak and Liz Truss. There are said to be around 160,000 party members.

Q: When are the Next Tory Leader Odds announced?

Liz Truss is the favourite at 4/7 (1.57), with Rishi Sunak at 5/4 (2.25). These odds will constantly change right up to the result being announced on 5th September, due to polls, performances in hustings and TV debates, along with other factors.

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