Veteran MP in from 10/1 to 6/1 to replace Theresa May as party leader.
Sunday saw Michael Gove confirm that he is in the running to be the Conservative’s next leader and he’s been the most-backed selection since the announcement.
The MP for Surrey Heath has had 19% of bets since the news broke, seeing his odds drop to 5/1 in places, with a best price of 6/1 available.
That puts him as third-favourite, behind only Boris Johnson (7/4) and Dominic Raab (4/1) in what bookies predict will be a three-horse race.
As you’d expect, it’s a very similar picture in the next Prime Minister market, with Gove again third-favourite. However, 8/1 is available for the 51-year-old to move into No.10.
Johnson remains the favourite to be the next PM (7/4), but there could be many more twists and turns to come in the coming weeks.
Oddschecker spokesperson George Elek: “Michael Gove was expected to be one of the frontrunners and that has proved correct so far. With eight confirmed candidates at the time of writing, Gove has the possible advantage of strong support from his own party, having stayed in May’s cabinet till the very end.”