Next Conservative Leader Betting – Boris Johnson Odds Slashed
Check out the next Conservative leader betting odds with some familiar names in contention after Liz Truss announced her resignation.
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The pressure finally told on the Prime Minister on Thursday following a turbulent day which saw the departure of Home Secretary Suella Braverman and allegations of MPs being physically manhandled into lobbies to back the government in a vote on fracking.
Truss, who goes into the history books as the shortest serving British PM in history, revealed during her Downing Street statement that an election to choose a successor will be completed within the next week. Former leadership rival Rishi Sunak is the marginal favourite to be handed the keys to Number 10 after shortening into 10/11 from 7/4 with BoyleSports.
Penny Mordaunt also had a brief spell as favourite shortly after news of Truss’ exit hit the airwaves and is now close second favourite at 2/1 from 4/1 having attracted a large portion of the early support.
But Truss’ predecessor Boris Johnson has made the biggest move of the other candidates having been slashed into 4/1 third favourite from 20/1 amid rumours he will run for a shock Downing Street return.
Lawrence Lyons, spokesperson for BoyleSports said: “Rishi Sunak and Penny Mordaunt were dominating the betting in the hour after Liz Truss announced her resignation, but a sudden surge in favour of Boris Johnson has put him hot on the heels of the favourites. We’ve had to bring him in to 4/1 after some significant stakes at 20/1, so a dramatic comeback would not be the best result for our books.”
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