The first round of voting takes place tomorrow in the Conservative leadership contest.
The Conservative leadership contest will be narrowed down from six candidates on Wednesday 4th September as MP's will vote to keep four candidates in the race.
There are currently two standout candidates in the betting: Kemi Badenoch, who has been the favourite since the General Election concluded, and Robert Jenrick, the MP for Newark.
Badenoch currently leads the betting maket to be the next Conservative leader at a best price of 7/4 with Ladbrokes.
How will the Conservatives choose their next leader?
Initial Stage - MPs Vote (4 September)
Six Members of Parliament (MPs) are initially in the running for the leadership position. On September 4th, Conservative MPs vote to narrow down the candidates.
If more than four candidates remain after this initial vote, a second ballot will be held on September 9th to further reduce the number of candidates.
Party Conference (29 September - 2 October)
The next stage takes place at the Conservative Party conference, held from September 29th to October 2nd.
By this point, four candidates remain, and they will present their pitches to the party members at the conference. This is an opportunity for the candidates to outline their vision and plans if elected as the leader.
MPs Select Final Two (9 - 10 October)
Following the conference, the MPs will vote again between October 9th and 10th, after a series of hustings (candidate debates) on October 8th.
This vote will narrow down the candidates to the final two.
Party Members Vote (15 - 31 October)
Once the final two candidates have been determined, the decision goes to the broader Conservative Party membership.
The party members will vote online from October 15th to October 31st.
New Leader Announced (2 November)
The new leader of the Conservative Party will be named on November 2nd, following the completion of the online voting process.
Who is running to be the next Conservative leader?
Kemi Badenoch
Badenoch has emphasised that the Conservative Party needs to align its governance with its right-wing rhetoric. She has been vocal about her stance on cultural issues and economic policies.
James Cleverly
Cleverly, a former Foreign Secretary, has pledged to revive the controversial Rwanda deportation scheme. He aims to restore the party’s reputation for economic growth and opportunity.
Robert Jenrick
Jenrick, known for his tenure as Housing Secretary, focuses on housing reforms and economic stability. He advocates for pragmatic solutions to the UK’s housing crisis.
Priti Patel
Patel, a former Home Secretary, is running on a platform of strong immigration control and law enforcement. She has a reputation for her tough stance on crime and immigration.
Mel Stride
Stride, who has served as Chair of the Treasury Select Committee, emphasises fiscal responsibility and economic competence. He aims to balance the budget and reduce national debt.
Tom Tugendhat
Tugendhat, a former Army officer and Chair of the Foreign Affairs Committee, is known for his focus on foreign policy and national security. He advocates for a strong international presence and defence policy.
Odds on Next Tory Leader
| Candidate | Best Odds | Implied Probability |
|---|---|---|
| Kemi Badenoch | 7/4 | 36% |
| Robert Jenrick | 2/1 | 33% |
| Tom Tugendhat | 6/1 | 14% |
| James Cleverly | 6/1 | 14% |
| Priti Patel | 25/1 | 4% |
| Mel Stride | 40/1 | 2.4% |
Who is the favourite to be the next Conservative Leader?
Kemi Badenoch is the current favourite to be the next Conservative leader at a best price of 7/4 with Ladbrokes.
She has been the long term favourite in the betting since the conclusion of the general election, sharing the top spot with Robert Jenrick.
Kemi Badenoch is making her second attempt to become the leader of the Conservative Party. She previously ran in the 2022 leadership race to succeed Boris Johnson.
Although she did not win, her performance raised her profile significantly within the party.
Betfred
- Huge range of regular promotions
- 24/7 live chat service
- PickYourPunt builder for custom bets
How to claim £50 in Free Bets from Betfred
- Click here and select “Register” to begin the signing up process
- Enter all the required details to create your Betfred account
- In the promo code box, enter the code ‘SUMMER50’ if not already in there
- Make an initial deposit (minimum £10) by debit card
- Stake a minimum of £10 on any sport (minimum odds of 1/1 (2.0))
- Your £50 in Free Bets will be credited within 10 hours of your qualifying bet being settled
- They will be credited as 3 x £10 to use on any Sportsbook Markets and 2 x £10 to use on Accumulators (4+ selections)
