Diane James is now the hot favourite to be next UKIP leader

The race to be the next UKIP leader continues and according to the latest betting update it’s Diane James who is leading the way. 

Following the exclusion of Stephen Woolfe from the list of runners and riders it leaves James as the clear favourite to replace Nigel Farage at just 1/3, followed by Lisa Duffy (5/1) and Jonathan Arnott (7/1) who are fancied at single figure odds to usurp the jolly.

Meanwhile, it’s 50/1 apiece that outsiders Bill Etheridge, Liz Jones or Phillip Broughton pull off a shock victory.

And the bookies now make it just an even money shot Nigel Farage quits UKIP before the end of the year and joins a new political party.

Jessica Bridge of Ladbrokes said: “James is fast becoming a popular bet with punters and it’s put her in pole position to become the next leader of UKIP following the omission of Woolfe. It’s not out of the realms of possibility Farage quits UKIP altogether in order to form a new party before the year’s out.”

Ladbrokes Latest Betting:

Next UKIP leader

Diane James – 1/3

Lisa Duffy – 5/1

Jonathan Arnott – 7/1

Bill Etheridge – 50/1

Liz Jones-  50/1

Phillip Broughton – 50/1

Nigel Farage to join a new political party before the end of 2016 –  Evens

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.