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- Significant Support for Ben Wallace see odds smashed into 7/1 from 40/1
- Jeremy Hunt odds also crash from 10/1 to 6/1 following support with Bookmakers
- Wallace may be considered a safer bet than Liz Truss or Tom Tugendhat
- Rishi Sunak odds slide to 14/1 with Betting Sites
There has been some significant movement in the odds of Ben Wallace becoming the next Leader of the Conservative party, reflected in odds with betting sites being cut from 16/1 right into 7/1 in the last two weeks following consistent support from political bettors.
The chance of him becoming the next leader was as big as 40/1 as recently as February, but a sustained stream of bets on the cabinet minister has seen those odds more than quartered.
The current Secretary of State for Defence of the United Kingdom has recently slammed the drinking culture at Westminister, which follows in the footsteps of the fines handed out for the 'garden party' for which pre-eminent MP's have recently been fined.
Next Conservative Leader Betting Odds.
| Candidate | Odds | Probability |
|---|---|---|
| Liz Truss | 6/1 | 14.29% |
| Jeremy Hunt | 7/1 | 12.50% |
| Ben Wallace | 7/1 | 12.50% |
| Tom Tugendhat | 15/2 | 11.63% |
| Penny Mordaunt | 9/1 | 10.0% |
| Rishi Sunak | 15/1 | 6.25% |
Jeremy Hunt also Backed - Sunak Drifting
There has been some considerable support for Jeremy Hunt in the betting for the next Conservative Party leader in the last week with betting sites as well
The current Chair of the Health and Social Care Select Committee has held the position since 2020 and has seen his odds come in from 10/1 to as low as 6/1 before settling at the same 7/1 as Wallace in the last few days.
Chancellor Rishi Sunak was previously favourite in the betting but has fallen away in the betting race whilst Liz Truss who was clear favourite at only 3/1 at the turn of the year has seen popularity fade since, but remains the 6/1 favourite with Smarkets.
