There is a new favourite to become the next Tory Party leader with the majority of the bookmakers on the oddschecker grid.
Conservative MP for Newark, Robert Jenrick, has been made the new favourite with most of the bookmakers to become the Next Conservative Leader.
Jenrick’s next tory leader odds have been cut from 5/2 to a shortest 6/4 over the past 24 hours, giving him an implied 40% chance. He remains a best price 7/2 on LiveScoreBet.
Over the past 24 hours on oddschecker, Jenrick has been the most popular bet, picking up 34% of all bets placed, up from 14% of the bet share in the seven days prior.
Badenoch, who has been the betting favourite since the General Election concluded, has seen her odds slip from 6/4 to a biggest 2/1 on Betfred (shortest 6/4 elsewhere).
She has been the most popular bet since the General Election concluded with 27% of the total share; however, that figure has dropped to 23% over the past 24 hours.
The only others ranked lower than 20/1 to be the next Conservative leader are Tom Tugendhat (5/1 Ladbrokes), James Cleverly (17/2 Paddy Power), and Priti Patel (11/1 William Hill).
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Next Conservative Leader Odds
| Name | Latest Odds | Implied Probability |
|---|---|---|
| Robert Jenrick | 6/4 | 40% |
| Kemi Badenoch | 2/1 | 33.3% |
| Tom Tugendhat | 5/1 | 16.7% |
| James Cleverly | 17/2 | 10.5% |
| Priti Patel | 11/1 | 8.3% |
Leon Blackman from oddschecker said: “For the first time since the general election, we have a new betting favourite to be the next Conservative leader.
“Over the past 24 hours, Robert Jenrick has stormed ahead of Kemi Badenoch to become the bookies’ number one choice to be the party leader.
His odds have been cut from 5/2 to 6/4, translating to an increase in implied probability he’ll be the party leader from 28.6% to 40%.
“He’s also been the most popular bet on oddschecker over the past 24 hours, taking 34% of all bets placed, up from 14% in the seven days previous.”
