Theresa May the new favourite to be the next Conservative leader

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Theresa May is now favourite to become the next Tory leader following David Cameron’s resignation. 

As the runners and riders head into the final hours of the nomination process it’s the Home Secretary who has surged ahead of Boris Johnson in the betting with odds of 11/8 offered about her chances.

Elsewhere, Andrea Leadsom and Stephen Crabb are rated as the candidates most likely to cause an upset at 12/1 apiece, while Jeremy Hunt and Liam Fox are both 20/1 outsiders.

It’s now also just a 6/4 shot that we soon see both a female Prime Minister and US President while on the other side of the coin the Donald Trump-Johnson double currently pays out at 9/1.

Jessica Bridge of Ladbrokes said: “Theresa’s all the rage with punters right now and Boris is quickly losing monetary support. Of the outsiders it’s only Leadsom that’s attracting any attention.”

Ladbrokes latest betting:

Next Permanent Tory Leader

Theresa May 11/8

Boris Johnson 6/4

Andrea Leadsom 12/1

Stephen Crabb 12/1

Liam Fox 20/1

Jeremy Hunt 20/1

Nicky Morgan 33/1

50/1 bar

Hilary Clinton to be US President and Theresa May to be UK PM 6/4

Donald Trump to be US President and Boris Johnson to be UK PM 9/1

Click here for the latest Politics odds and keep checking back for the latest news and insight from our political betting team!

All Odds and Markets are correct as of the date of publishing.

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William Geldart

Having graduated with a degree in English Literature from the University of Wales, Bangor, William contributed to a number of online football blogs before finally finding his pot of gold at the end of the rainbow alongside the rest of the Ladbrokes News team. Now indulging passions for football, horse racing, greyhounds, boxing and political betting. Supports Wycombe Wanderers and can be spotted at various lower league and non-league grounds across the country.