Brexit Betting: Who Will Become the Next Prime Minister?

TV/Specials
Updated Thursday 30th June 2016, 03:41 PM


Defeat for the Remain campaign in the EU referendum has forced David Cameron to announce that he will step down as Prime Minister in October, sparking a frenzy of political betting on who will succeed him and take charge of the country. A decision on who will be the next leader of the Conservatives is expected when the Tory party conference takes place this autumn. Despite the uncertainty, there are still good punts to be had in the next Prime Minister betting market offered by Paddy Power.

How the Bookies See it

  • Next Prime Minister: Boris Johnson 4/6, Theresa May 9/4, Michael Gove 11/2 - Paddy Power
  • Year of Next Election: 2020 1/3, 2017 7/2, 2016 5/2 - Paddy Power

 

Sports.net’s view

Following a narrow defeat for the Remain side in the EU referendum, David Cameron has decided to step down from his position as Prime Minister, leaving the door open for a fresh face to move into Number 10. Cameron announced his decision to surrender his role just hours after the final results were declared, stating that the country required “fresh leadership”. Brexit created a vast divide in the Conservatives, a gap that must be bridged by the next leader to avoid unrest within the party in power.

The bookmaker's favourite is the former Mayor of London, Boris Johnson. The wild-haired Etonian was the figurehead of the Leave campaign and will no doubt be hoping that he can continue his push for a stronger, more independent Britain from the front. Boris is a popular and charismatic figure who may be able to connect with those outside of his party, but his bumbling approach will perhaps not appeal to all. Paddy Power are offering odds of 4/6 that the 52-year-old will be the country’s next leader.

Odds on Theresa May becoming Britain’s second female Prime Minister have tumbled in recent weeks, despite her objections to the country leaving the European Union. May, who is the longest-serving Home Secretary for 50 years, may appeal to female voters, but the ‘quiet woman of British politics’ may lack the charisma necessary for the role. Paddy Power have the 59-year-old priced at 9/4 to take the country’s reins from Cameron.

Much like May, Michael Gove has recently found himself creeping up on Cameron’s position and is now a favourable 11/2 with PaddyPower to take the top job. Gove was seen as one of the key figures in the Brexit battle and renowned for his professional and articulate nature. However, a number of unpopular decisions as Education Secretary has made him extremely unpopular amongst teachers.

Should the Conservatives feel it necessary to call a general election before the next leader can be found in October (5/2 with Paddy Power for a 2016 election), it could be that the job falls to a member of one of the other main political parties to provide a Prime Minister. Labour frontman Jeremy Corbyn is now 16/1 with PaddyPower to clinch the leadership, while fellow Labour members Chuka Umunna and Andy Burnham (66/1 and 80/1 with Paddy Power) are seen as outside bets. Nigel Farage, a key player in Brexit, is also in the running - 40/1 with Paddy Power.

  • Sports.net’s top tip: Next Prime Minister after David Cameron: Michael Gove 11/2 - PaddyPower


 

*Please note that odds may fluctuate in the coming months.

Published:
Last Updated: Thursday, 30 June 2016 03:41:31+00:00
Published By Sports.net


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