With speculation continuing to grow around the future of Prime Minister Theresa May as a number of high profile Conservative MP’s refusing to publicly back their current leader, it appears inevitable there will be a change at the top before the next general election is called.
Brexit supremo David Davis remains the bookies’ favourite, however his odds have drifted significantly in recent weeks from as short as 3/1 out to 13/2. Both Boris Johnson and Jacob Rees-Mogg remain popular with the bookmakers but it’s Scottish MP Ruth Davidson who is courting the attention of Oddschecker users. Since the start of the Conservative conference this week, the 38-year-old has attracted 22% of all bets in the next Conservative leader market, more than any of her rivals.
Foreign Secretary Boris is next with just under 18% whilst Home Secretary Amber Rudd has proven popular with a shade under 10%.
The support for Davidson following her speech at the Tory conference on Monday has seen her odds trimmed from as big as 25/1 last week to just 10/1 with one firm.
Meanwhile bookmakers are finding it almost impossible to call the next general election with both Labour and the Conservatives available to back at even money. Perhaps worryingly for the Tories, Labour have received over 68% of all bets on the market during the Conservative conference (compared to just 14% for the current government). That share does drop to 58% when you look at the time period since the general election but the Tories are still some way behind with 28% of bets.
Oddschecker spokesperson George Elek: “There is uncertainty across UK politics at the moment, and this has led to some intriguing betting activity. The Conservative Party will want a leader who can regain the majority vote and it seems like Ruth Davidson is the punters' choice.”