Politics Betting: Punters Ditch Michael Gove for Jeremy in Hunt for Tory Leadership Race

Tory Leadership Betting Odds

The Tory Leadership Betting Odds Are Out

Foreign Secretary Jeremy Hunt saw his bid to become the next leader of the Conservative Party boosted on Monday with the support of two high-profile cabinet members. Scroll down for the best Tory Leadership betting odds on all 10 candidates.

The 53 year-old MP for South West Surrey received the backing from both sides of the Brexit debate on Monday, with Leave advocate Penny Mordaunt and Remainer Amber Rudd both signalling their support for his campaign.  

It prompted a wholesale gamble on his odds to win the leadership contest. Hunt, who was available to back at 20/1 on the Betfair betting exchange at the start of June, is now 9/2 best priced with Coral despite being available at 8/1 at the start of the day and 12/1 a week ago.

Michael Gove is Not in the Groove

But there are ten contenders for occupancy at 10 Downing Street, amongst them is Michael Gove who officially launched his leadership campaign on Monday after a widespread criticism for previous drug use. The backlash has seen him drift to 16/1 from 3/1 with online sportsbook, Betway.

Boris Johnson still available at 4/6 fav

Clearly Jeremy Hunt has been the beneficiary of Gove’s loss of support and punters believe he is now Boris Johnson’s main rival in the race to succeed Theresa May at Number 10. Boris Johnson himself was a low as 1/3 at the weekend but is back out to 4/6 with BetVictor as his competitors start to pick up support.

There are two women in the race of which Andrea Leadsom, top-priced 8/1 at bet365, is the shortest in the Tory Leadership betting odds.  The MP for South Northamptonshire and former Leader of the House of Commons will officially launch her bid at 9.45am Tuesday (June 11) morning. As has been the trend, she is likely to be a shorter price by 10.30am.

Full runner and riders in the Tory race…

The full ten-runner field in the Tory leadership field are shown below. All betting odds are subject to fluctuation.

Tory Leadership Betting Odds:

Boris Johnson – 4/6 fav (BetVictor)

Jeremy Hunt – 9/2 (Coral)

Andrea Leadsom – 8/1 (Paddy Power)

Michael Gove – 20/1 (Sporting Bet)

Sajid Javid – 28/1 (Betfair exchange)

Dominic Raab – 28/1 (Betfair exchange)

Rory Stewart – 33/1 (Betfred)

Matt Hancock – 100/1 (BetVictor)

Esther McVey – 237/1 (Betfair exchange)

Mark Harper – 332/1 (Betfair exchange)

(Best odds as of Mon 10th June @ 21:26)

Go to Boyles for the outsiders…

It’s BoyleSports that are offering some of the best Tory Leadership betting odds on the outsiders and their spokesman, Lawrence Lyons, says: “The public backing for Jeremy Hunt from Cabinet colleagues seems like a significant moment in this race and it has triggered a real twist in the Tory betting odds market.

At 7/2 from 7/1, he’s picked up a lot of new supporters and It’s starting to look like it could come down to a choice between him and Boris Johnson if the latest Tory Leadership betting odds movements is to be believed.”

What they are saying on Twitter…

* Odds correct at the time of writing

Image Credit – https://www.flickr.com/photos/eu2017ee/36928363842

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