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- Wes Streeting sees betting support at bookmakers making him 6/1 to become the next Labour Leader from 10/1
- Odds of a Female Labour Leader as short as 11/10 with betting sites
- Kier Starmer now 5/1 from 6/4 to be the Next Prime Minister
Since the beginning of the month of May there has been significant support for the Shadow Secretary of State for Health and Social Care Wes Streeting to become the next Labour leader as his odds have more than halved from 10/1 to just 4/1, before settling back at 6/1 in the last few days
Andy Burnham remains the favourite at 5/1 but was as short as 7/2 for an extended period back in February. His price with bookmakers of gaining the position having lengthened off the back of the bets being placed on Streeting
Next Labour Leader Betting Odds
| Candidate | Odds | Probability |
|---|---|---|
| Andy Burnham | 5/1 | 16.67% |
| Wes Streeting | 6/1 | 14.29% |
| Lisa Nandy | 7/1 | 12.50% |
| Rachel Reeves | 8/1 | 11.11% |
| Angela Rayner | 10/1 | 9.09% |
| Yvette Cooper | 12/1 | 7.69% |
| Bridget Phillipson | 20/1 | 4.76% |
Interesting to note that with Andy Burnham and Wes Streeting at the head of the betting market, beyond that, there are five female candidates in the running, leading bookies to offer odds of just 11/10 and a 47% chance that the next Labour leader will be female.
Next PM
Whilst all that is going on, following the local by-elections at the start of the month, there has also been movement in the Next PM betting, with Liz Truss, the former favourite having dropped in the betting and Current Leader of the Labour Party Kier Starmer currently the 5/1 favourite. Although support for Starmer has dropped somewhat since he was 6/4 back in January.
