I break betting odds news as it happens, so you’re never left behind when the market moves or a top offer lands.
- One UK bookmaker now makes Rachel Reeves the 4/1 favourite to be next Labour Leader
- Andy Burnham favourite elsewhere but recent speeding charge may hinder chances
- Odds also available on the next Labour candidate in Islington North to replace Jeremy Corbyn
One UK bookmaker now makes Rachel Reeves the 4/1 favourite to be next Labour Leader
Betting markets are consistently open for the Next Labour Leader with bookmakers continuing to offer odds on who will eventually replace Sir Keir Starmer at the head of the party.
Starmer will likely stay in the role until at least the next General Election but a poor showing in that would signal the end of his reign as the leader of the Labour Party.
Current Shadow Chancellor of the Exchequer Rachel Reeves is now the 4/1 favourite to be the next Labour Leader with BetVictor putting her clear ahead of Andy Burnham in the odds.
Reeves would become the first female leader of the party with the Conservatives, Lib Dems, Green Party, SNP and Plaid Cymru all having female leaders in the past unlike the Labour Party.
| Next Labour Leader | Odds | Probability |
|---|---|---|
| Rachel Reeves | 4/1 | 20.0% |
| Andy Burnham | 5/1 | 16.7% |
| Angela Rayner | 7/1 | 12.5% |
| Wes Streeting | 7/1 | 12.5% |
| Yvette Cooper | 10/1 | 9.1% |
Andy Burnham favourite elsewhere but recent speeding charge may hinder chances
Andy Burnham has long been the favourite to be the next Labour Leader and the majority of UK betting sites keep him as the favourite to replace Starmer next.
Burnham has been in the news in the past week after being ordered to pay nearly £2,000 in fines, charges and costs and given six penalty points for speeding.
The report in the Manchester Evening News states that Burnham was going 78mph in a 40mph zone and such law breaking may well cost him in the race for Labour Leader.
Next Labour Leader Betting Odds
Odds also available on the next Labour candidate in Islington North to replace Jeremy Corbyn
The Labour national executive committee are set to agree today to a ban on Jeremy Corbyn from standing as a candidate for the party at the next election.
A recent report in The Times suggests that if this was to happen then Corbyn will run himself against Labour as an independent in the Islington North area where he has been the MP since 1983.
Mary Creagh is the current favourite in the betting market to be the next Labour candidate for Islington North with Smarkets making her evens in the betting.
Creagh lost her Wakefield seat in the 2019 election with the Tories going after Labour's Red Wall and she may well be the woman who replaces Corbyn for the party.
