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Next Conservative Leader Odds - Rishi Sunak clear favourite in Next Tory Leader Betting

  • Rishi Sunak clear favourite in latest Next Tory Conservative Leader Odds
  • Chancellor of the Exchequer as short as 9/4 with some bookmakers to be next Tory Leader
  • Ladbrokes recently reported that punters had "flocked" to bet on Sunak to succeed Boris Johnson as leader
Rishi Sunak
(Photo by MATT DUNHAM/POOL/AFP via Getty Images)

Next Tory Leader Odds


Boris Johnson remains in post and will in all likelihood be in charge for some time to come yet. But as the prime minister continues to deal with the coronavirus pandemic, Brexit, and a number of other issues, there are rumblings about how long he will remain at 10 Downing Street, and whether a Conservative leadership contest could happen before the next General Election, which is scheduled for 2024.

There is little to suggest Mr Johnson is planning on stepping down as PM or as Tory leader in the short-term, but with speculation starting to grow about how long he will remain in charge, betting on the Next Conservative Leader is well underway, with Rishi Sunak the clear favourite to be the next party leader.

Bookmaker Ladbrokes recently told us that punters had "flocked" to back Sunak, the current Chancellor of the Exchequer, as the next Tory leader.

Mr Sunak was only appointed as Chancellor in February following the resignation of Sajid Javid during a cabinet reshuffle, and prior to that appointment he had been 250/1 with one bookmaker to be the next Conservative leader.

At time of writing, Sunak is just 11/4 and clear favourite ahead of the likes of Michael Gove, Dominic Raab, and Jeremy Hunt.

Next Conservative Leader Betting Odds


CandidateOdds
Rishi Sunak2/1
Michael Gove6/1
Dominic Raab12/1
Jeremy Hunt12/1
Priti Patel20/1
Grant Shapps33/1
Source: Ladbrokes. Odds correct as of October 10th, 2020.

Next Conservative Leader Betting Tips


Sunak, who has won many admirers for his handling of the economy throughout the pandemic, recently announced a new wage subsidy scheme to replace furlough, which will see the government top up the pay of people unable to work full time.

The scheme, which aims to stop mass job losses as part of the government's plans to combat a rise in coronavirus cases, is scheduled to begin in November and last for six months.

The Chancellor has described the Job Support Scheme, which will see the government top up employees wages to at least three-quarters of their full-time pay if employers bring back workers on a part-time basis, as a "radical new policy" designed "to help protect as many jobs as possible”.

It remains to be seen how successful the scheme will be, as does how popular Sunak will be with punters heading into 2021.

However, nobody can deny quite how remarkable his rise has been - especially as barely anybody had heard of him just six or seven months ago.

The value in backing Sunak for next Tory leader may have gone for the time being, but he still looks like the most likely candidate should something happen to Boris in the short or longer term.

Next Tory Party Leader FAQs

Who will replace Boris Johnson?

The Chancellor of the Exchequer, Rishi Sunak, is the current favourite to replace Boris Johnson as the next Conservative leader.

Who will be the next Conservative Party leader?

Boris Johnson won the 2019 General Election with a large majority, but betting on the next leader of the Conservative Party is underway and Rishi Sunak, the current Chancellor of the Exchequer, is the current favourite to be the next Tory leader.

Who is Rishi Sunak?

Rishi Sunak is a senior politician who has served as Chancellor of the Exchequer since February 2020. He is a member of the Conservative Party and previously served as Chief Secretary to the Treasury under Sajid Javid from July 2019 to February 2020.

Which constituency does Rishi Sunak represent?

Rishi Sunak has represented Richmond, a constituency in North Yorkshire in the House of Commons of the UK Parliament since May 2015.

What age is Rishi Sunak?

Rishi Sunak was born on May 12th, 1980.

Who is Boris Johnson?

Alexander Boris de Pfeffel Johnson is a British politician and former journalist who has served as Prime Minister of the United Kingdom and Leader of the Conservative Party since 2019. He was Mayor of London from 2008 to 2016.

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