I break betting odds news as it happens, so you’re never left behind when the market moves or a top offer lands.
- Boris Johnson is 7/4 to be the next Prime Minster after Liz Truss stepped down on Thursday
- Rishi Sunak is the outright favourite at 7/10 to be the permanent successor to Truss
- 2024 or later still the favourite for when the next General Election will be
Boris Johnson is 7/4 to be the next Prime Minster after Liz Truss stepped down on Thursday
UK politics reached another low on Thursday with Conservative leader and Prime Minister Liz Truss resigning after just 45 days in office.
Those 45 days made her the shortest-serving PM in UK history and bookies are giving odds on who will replace Truss as the Next Prime Minister.
Betway give Boris Johnson a 36% chance of taking over with reports that he will run for the seat just a couple of months after he resigned himself.
| Next Prime Minister | Odds | Probability |
|---|---|---|
| Rishi Sunak | 7/10 | 58.8% |
| Boris Johnson | 7/4 | 36.4% |
| Penny Mordaunt | 11/2 | 15.4% |
| Ben Wallace | 25/1 | 3.8% |
Johnson's odds have slowly tumbled with him moving from 9/4 to 7/4 in overnight and it may well be he gets voted in again.
It's hard to see how he will do though considering a decent chunk of his party gave him a no confidence vote just two months ago.
Rishi Sunak is the outright favourite at 7/10 to be the permanent successor to Truss
Rishi Sunak was originally head-to-head against Liz Truss in the Conservative Leader vote but Truss came out trumps at the start of September.
Truss had 57.4% of the vote by Conservative members compared to Sunak's 42.6% but it may well be that Rishi leads the way now.
Bookies make Sunak the 7/10 favourite to be the permanent successor to Truss in becoming the next Prime Minister.
Next Prime Minister Odds | Betting History and Trends
2024 or later still the favourite for when the next General Election will be
With the drama currently taking place in and around Number 10 it's no surprise that there are calls for a General Election.
According to betting odds by Smarkets, there's a 69.2% chance that we see the next General Election take place in 2024 of later.
It's 15/1 that there's a General Election in 2022 with just a 6.2% chance that we see one at some point this year.
