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Best Betting Sites UK / Betting Next Tory leader
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Betting Next Tory Leader

Where to bet on the next Tory leader

Last Updated on 06/04/2024
Fact checked by: James Leeland

So we can now say bye-bye to Liz Truss, but who is likely to be the next one in the building? Regarding politics betting, the next Tory leader is the hottest topic in town.

We’ll look at the odds on the most popular candidates in this article. We’ll also run you through the Tory Party leadership election process and provide you with our full betting guide. Keep reading to find out more!

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Best places to bet on Next Tory Prime Leader

BetMGM UK
Recommended
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4.7/5
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PayPal
Applepay
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1 – 7 Days
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License
UKGC - UK Gambling Commission
New cust only. 7 days to opt in by placing a £10 qualifying bet at 1/1 (2.0) odds or greater to receive 4x Free Bets: 1 x £10 horse racing, 1 x £10 Bet Builder, 1 x £10 Acca and 1 x £10 football. 7 day expiry. Exclusions apply. Stake not returned. T&Cs apply. 18+ BeGambleAware.org.
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The Pools
Hot Offer
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4.7/5
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PayPal
Mastercard Debit
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Withdrawal
2 – 5 Days
Apps
License
UKGC - UK Gambling Commission
18+, UK only. New mobile customers only. Qualifying stake 4/5 or bigger, 2 x £10 free bets credited next day, 7 day expiry. Full T&Cs apply.
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LiveScore Bet
Hot Offer
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4.6/5
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PayPal
Trustly
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License
UKGC - UK Gambling Commission
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IGA - Mobile Sports Product of the Year (2023)
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LeoVegas
4.
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4.5/5
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PayPal
PayPal
Applepay
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Withdrawal
1 – 5 Days
Apps
License
UKGC - UK Gambling Commission
Award
Global Gaming Awards (2023)
T&Cs apply. New reg only. Claim by placing a min deposit £10 via "My Offers" page within 30 days. Skrill/Neteller deposits excl. 7 days to stake max £10 in-play. Max. extra winnings £100. 18+ BeGambleAware.org.
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bzeebet
5.
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4.5/5
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PayPal
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Withdrawal
1 – 10 Days
License
UKGC - UK Gambling Commission
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Sportingbet
6.
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4.5/5
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PayPal
Revolut
Neteller
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Withdrawal
1 – 7 Days
Apps
License
UKGC - UK Gambling Commission
Award
EGR - Casino of the year (2018)
Please gamble responsibly. Visit www.GambleAware.org. 18+
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Bwin
7.
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4.5/5
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PayPal
Revolut
Neteller
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Withdrawal
0 – 5 Days
Apps
License
UKGC - UK Gambling Commission
Award
EGR - Operator of the year (2009)
Min deposit £10, Max stake £10, Min Odds 1/1 (2.0); Max free bet £10; New players only
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kwiff
8.
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4.5/5
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PayPal
Payz
Astropay
+
Withdrawal
1 – 5 Days
Apps
License
UKGC - UK Gambling Commission
New customers & 18+ only. Min. deposit of £10. Qualifying real money bet of £10. Min odds greater than or equal to 1.5 required. E/W bets excluded. Offer awarded immediately but could be issued the next working day in exceptional circumstances such as technical fault. Additional T&Cs apply. Please gamble responsibly.
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DAZN BET
9.
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4.5/5
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Neteller
Skrill
Paysafecard
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Withdrawal
1 – 5 Days
Apps
License
UKGC - UK Gambling Commission
New customers only. Min £10 deposit and bet on odds 1/2 or greater required. Free bet and free spins issued within 24 hours of qualifying bet being settled. Free bet valid for 6 months, stake not returned. Free spins valid for 7 days, selected games only. UK only excl Northern Ireland. 18+ T&Cs apply.
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Betfred
10.
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4.5/5
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PayPal
Revolut
Neteller
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Withdrawal
0 – 5 Days
Apps
License
UKGC - UK Gambling Commission
Award
SBC - RETAIL BOOKMAKER OF THE YEAR (2018)
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10bet
11.
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4.4/5
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Payment Methods
PayPal
Neteller
Skrill
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Withdrawal
1 – 3 Days
Apps
License
UKGC - UK Gambling Commission
Award
SBC - Sportsbook Operator of the Year (2018)
New bettors get 50% of deposit up to £50; Once per household; Min deposit £15 (no Skrill/Neteller); Wager a total of 8 times deposit + bonus, with max qualifying bet stake equal to your initial bonus amount; Bonus expires after 60 days; Min odds of 4/5 on singles, or 2/5 per leg for acca; Some bet types excluded; See full terms; Terms apply; 18+
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Bet UK
12.
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4.4/5
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PayPal
Applepay
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Withdrawal
1 – 7 Days
Apps
License
UKGC - UK Gambling Commission
BetUK significant terms - New customers only. Deposit & Place a Bet within 7 days, and settle a £10 minimum bet at odds of 4/5 (1.8) or greater, to be credited with 3x £10 Free Bets: 2 x £10 Horse Racing and 1 x £10 Free Bet Builder. 7 day expiry. Stake not returned. T&Cs Apply.'
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Ladbrokes
13.
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4.4/5
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Neteller
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Withdrawal
1 – 5 Days
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License
UKGC - UK Gambling Commission
Award
SBC - Football Sportbook Of The Year (2021)
New UK+IRE customers only. Promo code: 20FREE. Paypal and certain deposit types and bet types excluded. Min £/€5 bet within 14 days of account reg at min odds 1/2 = 4 x £/€5 free bets. Free bets valid for 4 days on sports, stake not returned, restrictions apply. T&Cs apply
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Hey Spin
14.
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4.4/5
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PayPal
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Withdrawal
1 – 5 Days
License
UKGC - UK Gambling Commission
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Unibet
15.
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4.4/5
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PayPal
Revolut
Neteller
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Withdrawal
0 – 5 Days
Apps
License
UKGC - UK Gambling Commission
Award
IGA - Online Poker Operator of the Year (2020)
New customers only. Age 18+. Located in the United Kingdom. First losing bet returned as a bonus bet at the same value. Begambleaware. T&Cs apply
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SportingIndex
16.
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4.4/5
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License
UKGC - UK Gambling Commission
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mr.play
17.
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4.4/5
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Revolut
Neteller
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Withdrawal
1 – 7 Days
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License
UKGC - UK Gambling Commission
18+, Welcome Bonus: New Players only, 1st Deposit, Min Deposit,: £10, max £10 free bet valid for 14 days, bets must be placed at odds of 1/1 or greater and be settled within 14 days of placement. System bets no eligible.
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CopyBet
18.
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4.4/5
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Neteller
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Apps
License
UKGC - UK Gambling Commission
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Star Sports
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4.4/5
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License
UKGC - UK Gambling Commission
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Spreadex
20.
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4.3/5
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Revolut
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Cheque
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2 – 5 Days
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License
UKGC - UK Gambling Commission
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Lottoland
21.
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4.3/5
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PayPal
Neteller
Skrill
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Withdrawal
1 – 5 Days
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UKGC - UK Gambling Commission
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EGR - Lottery operator (2019)
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Bet365
22.
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4.3/5
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Find out more on Bet365.
Withdrawal
1 – 10 Days
Apps
License
UKGC - UK Gambling Commission
Award
EGR - Operator of the year (2017)
Open Account Offer Bet £10 & Get £30 in Free Bets for new customers at bet365. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. Registration required.
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Betdaq
23.
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4.3/5
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PayPal
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Skrill
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License
UKGC - UK Gambling Commission
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NetBet
24.
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4.3/5
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Neteller
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Withdrawal
1 – 10 Days
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License
UKGC - UK Gambling Commission
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Betvictor
25.
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4.3/5
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Applepay
Withdrawal
1 – 5 Days
Apps
License
UKGC - UK Gambling Commission
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Betiton
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4.3/5
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PayPal
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Skrill
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Withdrawal
1 – 5 Days
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UKGC - UK Gambling Commission
Award
SiGMA - Marketing Campaign of the Year (2022)
18+, Welcome Bonus: New Players only, 1st Deposit, Min Deposit,: £10, max £10 free bet valid for 14 days, bets must be placed at odds of 1/1 or greater and be settled within 14 days of placement. System bets not eligible. Neteller,Skrill and Paypal not eligible. T&Cs apply
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Mobile Wins
27.
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4.3/5
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PayPal
Neteller
Skrill
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Apps
License
UKGC - UK Gambling Commission
New Players Only. Opt-in required. Minimum £20 qualifying bets, stake not returned. Free bet is a one-time stake of £40, minimum odds of 2.0, stake is not returned. 1X wagering the winnings. Wagering occurs from real balance first. Wagering requirement is calculated on bonus bets only, wagering starts from real funds. Maximum Conversion £200. Valid for 7 Days from issue. Excluded Skrill deposits. Full Terms apply.
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21LuckyBet
28.
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4.3/5
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PayPal
Neteller
Skrill
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Withdrawal
1 – 7 Days
License
UKGC - UK Gambling Commission
18+ | UK New Players Only | Opt-in Required | Min £20 qualifying bets, stake not returned | Free bet – one-time stake of £50, min odds 1.7, stake not returned | Bonus Code: FBSBETG | 1X wager the winnings | Wager from real balance first | Wager calculated on bonus bets only | Max conversion: £200 | Valid for 7 Days from issue | Excluded Skrill & Neteller deposits | Withdrawal requests voids all active/pending bonuses | Full Terms apply
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Coral
29.
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4.3/5
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PayPal
Revolut
Paysafecard
Apps
License
UKGC - UK Gambling Commission
New UK+IRE customers only. Paypal & some deposit & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 = 4x £5 free bets. Free bets valid for 4 days, stake not returned. No cashout, restrictions. 18+ begambleaware.com T&Cs apply
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William Hill
30.
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4.3/5
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Payment Methods
PayPal
Revolut
Neteller
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Withdrawal
1 – 10 Days
Apps
License
UKGC - UK Gambling Commission
Award
EGR - Horse race betting operator (2023)
18+. Play Safe. From 00:01 on 13.04.2022. £30 bonus. New customers only. Minimum £10 stake on odds of 1/2 (1.5) or greater on sportsbook. Further terms apply.
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BoyleSports
31.
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4.2/5
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PayPal
Neteller
Skrill
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Apps
License
UKGC - UK Gambling Commission
18+. UK Customers (Excluding NI) only. Cash stakes only. Min £10 stake required for initial £5 free bet. Min odds ½. Max £25 in free bets. Subsequent free bets equal 50% average of each 3 £5 max qualifying bets. 13 settled bets required to receive full £25 free bet. Qualifying bets must be placed on sportsbook within 30 days of opening account. Cashed out bets will not qualify towards your average stake. One free bet offer per customer, household or IP address only. Free bet expires after 7 days. Payment method restrictions apply. T&Cs apply
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Casumo
32.
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4.2/5
  • Good range of markets on offer
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Payment Methods
Skrill
Paysafecard
Applepay
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Withdrawal
0 – 5 Days
Apps
License
UKGC - UK Gambling Commission
Award
IGA - Online Casino Operator of the Year (2019)
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Smarkets
33.
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4.2/5
  • Excellent website design that means the site looks good, loads quickly and is easy to navigate around
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PayPal
Neteller
Skrill
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Withdrawal
1 – 5 Days
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License
UKGC - UK Gambling Commission
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QuinnBet
34.
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4.2/5
  • Live streaming on UK & Irish horse races
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Neteller
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Trustly
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License
UKGC - UK Gambling Commission
Get a Free Bet up to £35 based on 50% of your first days losses plus 10 Free Spins! UK 18+ T&C's apply.
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Parimatch
35.
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4.1/5
  • 3 x £10 bonus bets offer
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Neteller
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Webmoney
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Withdrawal
0 – 3 Days
Apps
License
UKGC - UK Gambling Commission
Award
SBC - Employer Of The Year (2019)
18+ New Customers Only. Opt in and bet £10 on football (odds 2.00+) within 7 days. No cash-out. Get 6x£5 Free Bets for set markets, There are no wagering requirements. Make a deposit via debit card or Apple Pay. T&Cs apply, see below. begambleaware.org | Please gamble responsibly
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Hollywoodbets
36.
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4.1/5
  • £5 bonus bet offer
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Payment Methods
Peach Payments
SiD
PayU
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Withdrawal
1 – 7 Days
Apps
License
UKGC - UK Gambling Commission
Award
GIA - The Best Corporate Social Investment (2018)
T&Cs apply. New players who place a £10 bet at odds of 4/5 (1.8) or bigger will receive £20 in Free Bets. Qualifying deposit (Visa/Mastercard only) of £10 required. £20 in Free Bets will be credited as 4 x £5 Free Bets. The qualifying bet must settle within seven days.
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SBK
37.
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4.0/5
  • Top risk-free bet bonus for new customers
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Apps
License
UKGC - UK Gambling Commission
New UK, IE & Malta customers only. Min £10/€10 first deposit using Debit Card. Place a bet of £10 at min odds of 1.5. Free bets expire in 90 days. Full T&Cs apply. 18+. BeGambleAware.org.
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BritainBet
38.
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4.0/5
  • Amazing range of betting markets for football, basketball, and more
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PayPal
Neteller
Skrill
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Withdrawal
1 – 7 Days
Apps
License
UKGC - UK Gambling Commission
New Players Only. Free bet - one-time stake of £10, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from issue. Withdrawal requests voids all active/pending bonuses. Excluded Skrill deposits. Full Terms apply.
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talkSPORT Bet
39.
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4.0/5
  • Live streaming and betting
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Bank Transfer
Withdrawal
1 – 3 Days
Apps
License
UKGC - UK Gambling Commission
18+ New Customers Only. Opt in & bet £10+ on any sports at 2.00+ odds, within 7 days. No Cash out. Get £5 Free Bet and £5 Casino Bonus, with 40x wagering. Free bets expire in 7 days. Card payments & Apple Pay only. T&Cs Apply. BeGambleAware.org | Please gamble responsibly.
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BetGoodwin
40.
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4.0/5
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License
UKGC - UK Gambling Commission
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Vbet
41.
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4.0/5
  • Excellent welcome offer
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PayPal
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Skrill
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Withdrawal
1 – 3 Days
Apps
License
UKGC - UK Gambling Commission
Only available to new, verified customers residing in the UK. Place a first-ever Sportsbook bet – multi-bets of at least 3 legs; min. £2 stake; min. odds 3/10 (1.3) per leg (bets placed on horse racing and greyhounds excluded). Win and get back 50% of your stake – on top of your winnings – as a free sports bet up to £10. Get back 100% of your stake as a free sports bet up to £20 if you lose. Customers must place their first qualifying bet within 30 days of registration, after which the welcome offer will expire. Full T&Cs apply.
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Grosvenor
42.
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4.0/5
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Paysafecard
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License
UKGC - UK Gambling Commission
NEW CUSTOMERS. MAX £10(EXC PAYPAL). 100% ODDS BOOST TOKEN. T&CS APPLY.
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Skybet.com
43.
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4.0/5
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Neteller
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Astropay
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Withdrawal
1 – 3 Days
Apps
License
UKGC - UK Gambling Commission
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32Red
44.
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4.0/5
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Betting Tory leader - The story so far

Following the exit of Boris Johnson, it was hoped that Liz Truss would stabilise the Tory party. That hasn't happened. Instead, she has managed to deliver one of the worst mini-budgets of all-time, wiped billions off the pound and made the UK the laughing stock of global politics.

As such, Truss was kicked out of her job in record-time. All of which means that bets are now open for who will be the next Tory leader!

So what happens next? Odds for next Tory leader betting

Bookies are now having a lot of fun coming up with the odds for the next Tory leader. Here's how it's looking:

Rishi Sunak: No surprises for guessing that the former Chancellor is the bookie's favourite at odds of 2/1.

Penny Mordaunt: She's back! OK, well Mordaunt didn't do too well in the last leadership election, but she's trying again and has odds of 6/1.

Boris Johnson: Yeah, it sounds crazy, but bookies have the former PM and booze-fiend Johnson at odds of 12/1 to be the next Tory leader.

Jacob Rees-Mogg: OK, we're just having a laugh here as the most-bonkers man in UK politics has odds of 100/1 to be the next PM.

Betting next Tory leader - How the election process works

When a Conservative party leadership election is triggered the first stage requires MPs who wish to run to declare their candidacy. What they then need to do is garner support from their fellow MPs. In the past candidates have needed the support of at least eight MPs in order to enter the first round of voting, however, 1922 can decide on different rules for the early rounds of voting. For example, they could reduce or increase the number of required supports depending on the number of other people running.

The first round of voting

Once the candidates have all been declared and received the required number of supporters, a series of votes begins amongst Tory MPs. The candidate who receives the least amount of votes is then eliminated at each stage. This continues until there are just two candidates left. At this stage, betting on the next Tory leader odds is naturally a bit more difficult, but you will find longer odds. Therefore, if you have some foresight and manage to pick the winning candidate, you can find some good value, as more candidates mean longer odds, even for the favourites.

The head-to-head

Once there are just two candidates left, the final vote then takes place between them. While the early voting rounds are conducted among MPs only, the final round is voted for by the entire Tory party membership. Naturally, the favourite will generally be quite clear at this point, making it easy to pick the winner, but the odds will be extremely short.

Who is allowed to vote in a Tory party leadership election?

In the early rounds of the process, only Tory MPs are allowed to vote as the candidates are whittled down one by one. For the final round, when there are only two candidates left, the entire membership of the conservative party can cast their vote. There are around 200,000 members of the Conservatives. Members of the general public can join the party online via the website by paying an annual membership fee.

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Betting for next Tory leader - Past elections

Tory party leadership elections of the past haven’t traditionally served up many upsets, with the early favourite usually winning. By the time the member’s vote has been reached, the result is generally a foregone conclusion. In 2016, Theresa May won the first two ballots convincingly and was then unopposed in the membership vote after Andrea Leadsom withdrew. In the 2019 leadership election, Boris Johnson won with a convincing 66.4% of the membership vote.

In order to have a decent chance of winning a bet on the next Tory leadership election, making the right call earlier in the process is key. This, of course, sounds simple in theory but is much trickier in practice. Politics isn’t as stable as it once was, so nothing can be ruled out.

Betting next Tory leader - How to pick the winner

As we said above, the best way to get decent odds when betting on the next Tory leader is to pick them early. While it is harder to pick the right candidates earlier in the process, there are a couple of things to look at that can help you to whittle it down to two or three candidates at the very least. We have provided you with some of our top tips for the winner below.

Look at how each candidate launches their leadership bid

Even if there are multiple candidates at the start of the leadership contest, you can usually tell the most serious candidates by how they launch their bids. For example, if a candidate pitches their early bid with a slick video and presentation, it’s a sign that they might have been planning it for some time. While there’s no guarantee, such candidates will usually get support and run deep into the election process. 

Consider each candidate’s motivation

Not all candidates will launch a leadership bid with the intention of winning, some will do it either to boost their profile or to secure a top job within the cabinet by pulling out at a later stage. This is especially true if the party electing a new leader is already in government. 

Look at the politics of each candidate vs the party as a whole

When it comes to making a successful bet on UK politics, sometimes looking at the political stance of each candidate can be useful - who knew?! While there are various complexities of the political views covered within the Tory party, you can generally s[lit them into two camps - the moderate and not-so-moderate conservative. As a rule of thumb, you will generally have a centrist candidate vs a more right-wing candidate by the time you reach the membership vote. 

Check the betting next Tory leader odds at Betfair

When it comes to betting, it’s hardly surprising to hear that the bookies’ odds are important. In the case of Betfair though, they can almost give us better predictions than the polls themselves. For example, the Betfair Exchange was almost the only outlet to correctly predict the hung parliament in the 2017 general election. 

Think about electability

Although party leadership contests and general elections are two very different things, the winner of the Tory party leadership will invariably have to lead the party into a general election at some point in the near future. While we technically don’t vote for the Prime Minister in the UK, the party leaders are still the figureheads and how they might be viewed by the electorate is important. 

Betting on Next Tory leader - Where to find the best odds

As we’ve already said previously, Betfair has a particular penchant for having accurate odds and predictions when it comes to UK politics and they are also one of the best high-limit betting sites to boot.. However, it isn’t the only bookmaker offering odds on UK politics. In fact, when something big like a Tory party leadership election comes around, most UK bookies will offer odds. Behind a general election, Labour and Tory party leadership contests are the most popular betting events in UK politics such as betting on the next prime minister.

Using a comparison tool to compare the live odds being offered amongst all UK bookmakers is very much advisable. However, things like betting offers and the quality of the platform itself should also be considered. As well as Betfair, some of the top UK bookmakers for politics betting include William Hill, 888sport, Betfred and Unibet.

Betting next Tory leader - The conclusion

To summarise, success when betting on the next Conservative Party leader is all about picking the right candidate as early as possible if you want to find the best odds. It’s important to remember that, even in recent politically uncertain times, Tory Party leadership elections have still been a foregone conclusion by the time the final membership round of voting has been reached. As well as consulting news and sources from the world of politics, also look at what Betfair and other UK bookmakers are predicting.

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Betting next Tory leader FAQ 

🤔 What are the betting odds for the next Tory leader?

The betting odds for the next Conservative party leader are changing by the second, and you want to get good value for your bet while you can. That’s why you can compare the best odds right now here at Betting.co.uk.

👤 Who will be the next Conservative leader

Check out the UK bookies’ favourites for the next Tory Party leader here at Betting.co.uk. Our aim is to bring you betting odds, guides, and more for the biggest events in UK politics.

🇬🇧 How will the next Tory leader be decided??

Full details of how the next Tory leader will be elected can be found in our guide. Additionally, you can also follow the odds and betting info here at Betting.co.uk. Follow the link for more.

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