Britain's next Prime Minister will be elected today - what are Rishi Sunak and Keir Starmer's odds to win?
The British public will decide on their next leader today when they take to polling stations to vote on the next Government to lead the country.
As things stand Keir Starmer is on a record-breaking path as his Labour party is predicted to win by the largest majority any party has ever achieved.
Despite Rishi Sunak and the Conservative's best efforts it seems that their loss is already a foregone conclusion and their betting odds represent that.
The graph below illustrates the significant decline in Sunak's government's prospects. As the Conservative leader, Sunak struggled to dispel the negative perceptions associated with his administration, largely due to controversies such as the Partygate scandal.
Who is favourite to become the next Prime Minister?
| Candidate | Best Odds | Implied Probability |
|---|---|---|
| Keir Starmer | 1/80 | 99% |
| Nigel Farage | 45/1 | 2% |
| Rishi Sunak | 50/1 | 1.9% |
| Lee Anderson | 100/1 | 0.99% |
Keir Starmer is the resounding favourite to win the election at a best price of 1/80, making it almost a certainty the Labour leader becomes the next Prime Minister.
Rishi Sunak has been given almost no chance of victory at just 1.9% and odds of 50/1 at Ladbrokes.
He is set to guide his party to one of the worst election results in their 200-year history.
Nigel Farage Prime Minister Odds
Nigel Farage's decision to run for Prime Minister, representing the Reform UK party. only served to rub salt in Rishi Sunak's wounds.
Despite being extremely unlikely to win the election, Farage announced that he would be running for PM for the eighth time, offering voters what he describes as a serious right wing option in the election.
The presence of the high profile former UKIP leader will peel away further Tory voters and take a share of their already diminishing support.
Farage and Reform UK are currently best priced 7/2 at various bookmakers to receive over a 20% share of total votes in the election.
However, they can be found as short as 6/4.
Back Reform to receive over a 20% share of total votes directly through oddschecker at a guaranteed best price here.
Despite the evident support for the party, they are only favourites to win in one Constituency, Clacton, where Nigel Farage will be running.
He is 1/7 best price to win there, giving him an implied chance of 88%.
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