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Best Betting Sites For The Next UK Prime Minister

Where To Bet On The Next UK Prime Minister - Bookmakers List

Last Updated on 13/11/2024
Fact checked by: James Leeland

Sir Keir Starmer is the UK Prime Minister after Labour won the 2024 General Election. Just because a new Prime Minister has been installed, that does not mean Prime Minister betting markets are closed.

Yes, there will be no immediate odds on who will be the next Prime Minister, we will probably have to wait a couple of more months before that market is introduced and the knives are out for Starmer.

UK betting sites will still continue to have markets available for punters to bet on. In the upcoming weeks, more markets will be introduced and they could include the next Conservative leader, first Labour MP to leave and even odds on the next General Election.

In the guide below, we have covered the most important information on how betting in politics works, including the odds and the markets. Additionally, you can take a look at the best sites and find some top tips for betting on UK politics.

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Next UK Prime Minister Betting Sites In Detail

There was plenty of betting interest in the build up to the 2024 General Election, but just because a new Prime Minister has been named, that does not mean the betting interest will disappear.

Although the majority of the top UK bookmakers concentrate on sports, some of them will open markets on politics as a lot of people want to place bets on the Labour, Conservative and Reform Parties.

Below are a few of the best bookmakers for the latest politics betting.

Bet365 - Extensive General Election Markets

Bet365 sport
Pros and Cons of Bet365
  • Favourable Party Odds
  • Wide selection of Prime Minister markets
  • Prime Minister Bet Boosts
  • No General Election related welcome offers

Bet365 is one of the best online bookmakers when it comes to betting on sports, they also have their finger on the pulse when it comes to UK politics as well.

They have a specified section that focuses on a General Election - in the build up to one that might be planned. Being honest you can bet on anything when it comes to UK politics.

Popular markets obviously include ‘Prime Minister After Election’ and ‘Government After Next Election’ but there are a lot of other markets that you might see some value in.

Betting on which party will claim the most seats will be a very popular market in the weeks leading up to any General Election.

Although this guide is primarily about betting on the next Prime Minister, you could place bets that are more relevant to you and where you live.

Every Constituency has their own betting market ahead of the General Election. So whether you live in Aberdeen North, Barking, Cotswolds North, Wakefield and Rothwell, Watford or Wigan, you will be able to place bets on which party will claim those seats.

Other markets include Turnout Percentage, Party Total Seats, Party Vote Share and the Overall Majority. Bet365 also has a Bet Boosts section on the General Election with a number of separate bets with boosted odds.

All these markets were featured in the July 4 General Election and as the months and years go on, more markets will be added and they will centre around Sir Keir Starmer rather than Rishi Sunak.

If you want to get the most value out of betting on the General Election and the next Prime Minister, then Bet365 is a good place to start.

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BetMGM - Impressive Prime Minister Betting Section

BetMGM casino mobile
Pros and Cons of BetMGM
  • Large General Election market betting
  • Generous odds on politics
  • Welcome Offer not available on politics

BetMGM is quickly becoming a major player when it comes to sports betting and they are also getting involved in the world of politics.

BetMGM had their own dedicated 2024 UK General Election market with a wide range of bets available, which saw Labour forma  new Government with Sie Keir Starmer named new Prime Minister.

You can click on ‘All’ to open up a page with every single bet on offer. You can also open pages labelled ‘Most Popular’, ‘Elections’, ‘Performance’ and ‘Other Bets’.

This narrows down each market and makes it easier for you to find the markets you want to bet on. The mOst Popular section will include which party will claim the most seats and who will be the Prime Minister after the election.

The Election section focuses on whether the UK will have a Coalition Government like they did in 2010 when the Conservatives and Lib Dems formed a government. That was the first Coalition since 1945 and there has not been once since David Cameron and Nick Clegg joined forces.

The Performance markets focus on how many seats each party will win. If you think the Conservatives will have a torrid time, then look at the odds on them claiming less than 49 seats - stranger things have happened as a lot of people ate screaming out for a change.

The Other Bets can see punters bet on which party will claim the most seats in Scotland.

BetMGM have an impressive welcome offer of Bet £10 And Get £40 In Free Bets. Unfortunately, this offer cannot be used on politics.

Some bookmakers will word their offers with ‘bet on any sports’ and that would include politics as all the markets are included in the sports section.

This offer clearly states that the free bets you will receive will be for horse racing, Bet Buildr, Football and an Acca - none of these are included in the politics or General Election section. That is the only downside really.

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Betting On The Next Prime Minister - A Short Overview

Politics is perhaps the most popular novelty betting form, alongside TV shows like I'm A Celebrity Get Me Out Of Here. When it comes to betting on the next Prime Minister, however, you should not confuse things with General Election betting.

While this is the most common way that a PM will be chosen, it’s vital to remember that this isn’t the only way it might happen. For example, after Boris Johnston, both Liz Truss and Rishi Sunak were put in their positions through a Tory Leadership contest.

So as a quick summary, here are the two most common types of contest that you might bet on in this respect:

  1. UK General Election
  2. Party Leadership Contest

Next UK Prime Minister betting - General Election

A general election is the most common way that a new PM will be chosen. However, when betting on a GE, the Labour and Conservative candidates will have already been chosen well in advance.

As a result, much the same is with betting on the next US Presidential Election, there are two odds-on front runners. A General Election will almost certainly be won by the Labour or Conservative candidate, so you only really have two short odds options here.

The only realistic exception is a hung parliament, which has happened in recent history - when the Lib Dem-Tory coalition was formed in 2010. However, in this case, the favourite to become the next UK Prime Minister betting odds, David Cameron, still entered No. 10 to take the top job.

Party Leadership Contest

If the next PM is to be chosen via a party leadership contest, then things can get a bit more complicated but also more interesting. If you bet at the early stages of Prime Minister betting here, then you have a large number of options available.

At first, candidates have to put themselves forward and receive backing from their MPs. Rounds of voting then take place among MPs and the party membership, eventually whittling it down to two clear candidates.

As a result, the favourite may not become clear until there are only two candidates left. For instance, in 2022, Liz Truss was as low as eighth in the betting during the early rounds.

Betting Odds For The Next Prime Minister - How They Work

There are three main things to consider when it comes to the odds for betting on the next UK PM:

  • Implied probability - The real chance as a percentage of the candidate becomes the PM.
  • Bookies’ odds - The bookie will always alter the odds to add in a margin.
  • Your own implied probability calculation - Asses each candidate’s chances yourself to see how your predictions match up with those of the bookmakers.

If you are betting on the next PM in a General Election, it’s important to remember that we don’t actually vote for a Prime Minister here in the UK. Instead, people vote for their local MP based on the party that they are representing.

It is then the leader of the party that wins the election that will enter No. 10. While this means that the odds for the favourite party to win and the favourite next PM will largely be the same, there are some outside factors to consider that could affect the betting, such as scandals.

Often, the leadership contest might be taking place because of a scandal. Think Boris Johnston being forced from office in 2022 following Party Gate, or Liz Truss becoming the shortest ever serving PM - you may remember that she was outlasted by a lettuce.

The Best Prime Minister Betting Sites

Here at Betting.co.uk, we have assessed all of the UK bookies that are currently offering odds and markets on the next UK PM. On this page, you can find an up-to-date list of the best sites where you can currently bet on the next UK PM.

Additionally, if you are looking for other UK novelty betting markets, we have also covered plenty of other niches. For instance, you can take a look at the best options for betting on the UK Royal Family right here.

How We Rate The Best Sites For Next Prime Minister Betting

At Betting.co.uk, we don’t merely want to introduce you to the best Prime Minister betting sites. On top of that, we also want to show you how we draw our own conclusions.

That’s why in the list below you can look at the main things we considered when rating sites:

Factor
Betting markets
Competitive odds
Promos and Bonuses
General attributes
Licencing
Payment
Customer Service

Our Best Betting Sites

BetMGM UK
1.
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Star Sports
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UKGC - UK Gambling Commission
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Bwin
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UKGC - UK Gambling Commission
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kwiff
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Bet £10 Get £30 Surprise Bet
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Astropay
UKGC - UK Gambling Commission
Bet now
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Betting On A New Prime Minister - A Step-By-Step Guide

Now you can check out this comprehensive step-by-step guide to betting on the next UK PM. This will walk you through the whole process from start to finish.

  1. Choose a bookmaker here at Betting.co.uk
  2. Register an account
  3. Make your first deposit
  4. Claim your welcome bonus
  5. Research each candidate thoroughly
  6. Choose your betting market
  7. Place your bet
  8. Wait for the General Election/leadership contest’s conclusion

Choosing The Right Candidate To Become The Next Prime Minister

We would all like to believe that we are backing someone to become Prime Minister because we believe in their policies and feel they will do what is right for the country and the people living here.

Although that is the case in some areas, you would be foolish if you did not think this was just one big popularity contest.

Prime Minister's Questions is the time for MPs to put questions to the PM. This just ends up being a competition to see who gets the most cheers or jeers. From the outside looking in, nothing ever gets solved and you will be lucky if the PM gives a straight answer.

We mentioned popularity and the world of sports has even entered this race to be the next Prime Minister. Rishi Sunak is a Southampton FC supporter and as soon as his team reached the Championship Play-Off Final, it seemed a lot of people wanted Leeds United to win just to annoy the Prime Minister.

OK, not everyone wanted Leeds to win, but the anti-Sunak fans were out in full voice with some vile chanting at Wembley Stadium. When sport gets mixed with politics, you know there is some resentment in the air.

We are not saying football will play a major part in who will become the next Prime Minister, but voters are constantly looking for reasons to dislike one candidate and supporting a team over another will definitely split opinion. We cannot see many Portsmouth fans publicly backing Sunak to run the country, it seems petty but that is how people feel.

Punters like to place bets on the hottest topics in sport - ie, England’s Euro 2024 chances, the next Manchester United manager and new Chelsea boss. It is no different when it comes to politics and who will become the next Prime Minister.

The betting interest at the General Election will be sky high. We mentioned that people want a change and we all want to be a part of it.

There will be plenty of different markets on offer like the most seats, overall majority and which party will lead the Government, but actually backing who will lead the country is the big one.

We mentioned popularity earlier on and that is honestly the key here. People want Sunak out and they want him out more than they care about Starmer’s policies. They will worry about them when Sunak is out of 10 Downing Street.

Betting Prime Minister - Top tips

To finish up this guide, here are a few top tips for betting on the next UK PM:

Consider how the next PM is being chosen

Depending on if it’s an election or leadership contest, your approach will be different.

🗳️ Remember how we elect in the UK

We vote for a party and not a person, so this should be accounted for in your thinking.

Get in early

Especially if it’s a leadership contest, the best value can be found if you can pick the winning candidate during the early rounds.

🤔 Consider outside factors

Could potential scandals or bumps in the road be predicted that could scupper a favourite’s chances?

📈 Account for unpredictability

General Elections used to be a foregone conclusion, but recent ones have shown us this is no longer always the case.

The History Of Recent Prime Ministers

It feels like we have had a revolving door outside 10 Downing Street in recent years. Here is a brief list of the last 10 leaders of the UK Government.

Prime MinisterPolitical Party
Sir Keir StarmerLabour
Rishi SunakConservative
Liz TrussConservative
Boris JohnsonConservative
Theresa MayConservative
David CameronConservative
Gordon BrownLabour
Sir Tony BlairLabour
Sir John MajorConservative
Baroness Margaret ThatcherConservative
James CallaghanLabour

Next Labour Party Leader

The UK might have a new Prime Minister in Sir Keir Starmer, but that does not mean he will last the full term.

The knives already seem to be out for Starmer and his Labour Government, so it would not be a shock if a scandal is revealed and he is forced to step down.

If that ends up being the case, there will be a race to replace him and you can already get odds on who that would be.

With Starmer not winning my popularity competitions, a lot of punters are placing bets on who will take over as the leader of Labour with Wes Streeting the bookies favourite with Bet365.

Here are the frontrunners to become the next leader of the Labour Party.

  • Wes Streeting - 5/1
  • Rachel Reeves - 5/1
  • Angela Raynor - 10/1
  • Yvette Cooper - 10/1
  • Andy Burnham - 10/1
  • Bridget Phillipson - 11/1
  • Lisa Nandy - 14/1
  • Christian Wakeford - 33/1

Others on request

Next Conservative Party Leader

This guide is mainly about Prime Minister betting and what markets you can bet on, but with a new Prime Minister being announced what does that mean for the outgoing PM?

Rishi Sunak said he was going to stand down when a replacement had been found. That replacement has been revealed as Kemi Badenoch.

Badenoch has recently been installed as the new Conservative Party leader, but we know things can change very quickly in the world of politics. James Cleverly is the current favourite to be the next Tory leader.

Here are the latest odds with Bet365:

  • James Cleverly - 7/2
  • Robert Jenrick - 11/2
  • Nigel Farage - 15/2
  • Tom Tugendhat - 10/1
  • Clare Coutinho - 12/1
  • Boris Johnson - 14/1
  • Priti Patel - 14/1
  • Jeremy Hunt - 20/1

Others on request

Prime Minister Betting - Conclusion

There you have it folks, you now have all of the information and tips that you need to get started. Now all that’s left to do is choose your ideal bookie and keep on top of your UK politics. You can always bookmark this page and check back in with us for updates and more top tips.

Next Prime Minister Betting Pros and Cons
  • A selection of markets to pick from
  • The final vote could have a public element
  • Odds are available year-round, not just during an election or leadership contest
  • It's hard to account for all the political variables

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Prime Minister Betting Sites FAQ

📅 When Is The Next General Election In The UK?

There is no set date for the next General Election after Sir Keir Starmer and Labour won the 2024 General Election on July 4. 

❓ Can I bet on the next UK Prime Minister?

See what options are available to you for politics and novelty betting right here. At Betting.co.uk, we can always help you out - no matter what the niche.

📍 Where can I find odds on the next UK PM?

You can compare the odds for the next UK PM here at Betting.co.uk. We compare the live odds from all the best online bookies in the UK to help you find the best.

In this comprehensive guide to UK politics betting, we have covered the dos and don’ts. With us, you can always stay on the right side of the law.

🗳️ How Many Seats Are Needed For The Majority Bet To Be Successful?

There are 650 seats in the House of Commons, so a party needs to claim 326 seats in order to be handed a majority verdict. It cannot be classed as a majority if the 326 seats threshold has not been reached. Labour won the 2024 General Election with 412 seats to claim a majority victory.

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