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- Labour lead betting at 6/5 for Croydon Mayoral Election 2026
- Incumbent Jason Perry priced at 4/1 to retain the seat
- Reform UK emerge as strong contenders at 7/4
Labour Narrow Favourites for Croydon Mayoral Election 2026
Bookmakers have now opened the market for the 2026 Croydon Mayoral Election, with Labour installed as early favourites ahead of a competitive race.
The election will take place on 7 May 2026, alongside other London borough elections, with voters choosing both the Mayor of Croydon and all 70 council members.
Labour currently lead the betting at 6/5, though the market suggests a far more competitive contest than in some other London boroughs.
Ladbrokes latest odds seemingly suggest it'll be a two horse race between Labour and Reform, with the latter yet to announce their candidate.
Croydon Mayoral Election 2026 Odds
| Croydon Mayoral Election 2026 | Odds | Implied Probability |
|---|---|---|
| Labour | 6/5 | 45.5% |
| Reform UK | 7/4 | 36.4% |
| Conservatives | 4/1 | 20.0% |
| Green Party | 7/1 | 12.5% |
| Liberal Democrats | 50/1 | 2.0% |
Labour’s 6/5 price gives them a 45.5% implied chance of winning the mayoralty, putting them just ahead of Reform UK at 7/4.
Candidates Confirmed for 2026 Race
The list of confirmed candidates includes representatives from the major parties:
- Rowenna Davis (Labour Party)
- Jason Perry (Conservative Party)
- Richard Howard (Liberal Democrats)
- Peter Underwood (Green Party)
Labour’s Rowenna Davis enters the race as the bookmaker favourite, while Perry will attempt to defend the position he won in 2022.
Perry Faces Challenge to Retain Seat
Jason Perry made history in 2022 as Croydon’s first directly elected mayor winning a tightly contested race against Labour.
In that election, Perry secured victory in the second round with 50.4% of the vote, narrowly defeating Labour’s Val Shawcross.
The close margin highlights just how competitive Croydon’s political landscape can be which is something reflected again in the current betting market.
Despite being the incumbent, Perry is priced at 4/1, indicating bookmakers believe he faces a significant challenge to retain the role.
Top 10 Political Betting Websites in the UK
Competitive Market Compared to Other Boroughs
Unlike some London borough elections where one party dominates, Croydon appears to be shaping up as a more competitive contest.
Labour’s relatively short price reflects confidence, but not certainty, while the presence of Reform UK and the incumbent Conservative mayor keeps the race open.
Political betting markets often reflect both historical results and current sentiment and Croydon’s recent history suggests a closely contested election is likely.
What the expert says...
Where To Bet on Election Markets
Political betting markets are available across major UK betting sites, with Ladbrokes currently offering odds on the Croydon Mayoral Election.
These markets continue to grow in popularity, particularly around local and national elections.
Punters can also explore markets across the top political betting sites, many of which feature political betting alongside sports markets, often including promotions and free bets.
