Next Conservative Leader Betting Odds: Kemi Badenoch remains CLEAR FAVOURITE to lead the Conservative Party next after Rishi Sunak!

Kemi Badenoch remains the outright favourite to be the next Conservative leader

UPDATE 22nd May: Rishi Sunak could well announce the next General Election later today with reports that a cabinet meeting will take place at 4pm and bookies seeing a surge of bets placed on a July election.

Betting odds are still available on who will be the next Conservative Party leader with Kemi Badenoch remaining the clear favourite in the betting market to take over from Rishi Sunak next.

The latest odds from bookmakers have Badenoch as the 3/1 favourite to be the next leader of the party with Sunak expected to leave if they lose the next General Election later this year.

Back in January, ConservativeHome's first leadership poll put Badenoch as the favourite to take over as the leader of the party next and bookies say there's a decent chance it happens too.

Paddy Power have Badenoch at 3/1 in the market with those odds giving an implied probability of 25% that she becomes the next Conservative Leader.

Latest odds at 1/6 that the next General Election will take place in July-September 2024

It's now expected that the next General Election will take place soon with July-September now the clear favourite at 1/6 in the market.

Rishi Sunak has previously stated that his "working assumption" was that the General Election would take place in the second half of the year and the latest odds suggest that will be the case.

ALSO READ

Top 10 Political Betting Websites in the UK

Labour are heavy favourites to win the General Election

Labour's odds of winning the next General Election are now so short that it looks like there's no chance that Keir Starmer loses against the opposition when it takes place later this year.

The Labour Party are now 1/33 to get the most seats at the General Election, with a Labour Majority currently 1/12 to happen with a dominant display expected at the polls.

Conservative's are now out to 10/1 to win the most seats at the upcoming General Election with those odds suggesting just a 9% chance of winning.

ALSO READ

UK General Election Betting Odds

The Current Safe Seats with the biggest majorities in the 2019 General Election are shown below

Safe Seats

The Closest-Fought constituencies in the 2019 General Election feature some big areas

Close Seats

Political Betting Author Information

Political Betting Expert

If you want to know anything about Political betting markets then Nigel is your go-to guy. Nigel has years of experience writing and following betting odds around a whole host of political markets including General Elections, By-Elections and even the infamous Brexit betting markets!

- Nigel Skinner, Blog content manager

Jake Ashton

Senior news editor

Jake is our News Content Manager. He reviews all content, fact-checks the data, edits the copy and enhances all of the OLBG News content from our expert team ahead of publication.