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Below are betting odds for the top contenders to be the next permanent Conservative leader after Kemi Badenoch.
With the betting odds, we can easily calculate the probability for each candidate to be the next leader of the Conservative party, according to the bookmakers.
| Team | Odds | Probability |
|---|---|---|
| | 5/1 | 16.67% |
| | 7/1 | 12.50% |
| | 14/1 | 6.67% |
| | 14/1 | 6.67% |
| | 20/1 | 4.76% |
| | 20/1 | 4.76% |
| | 20/1 | 4.76% |
| | 22/1 | 4.35% |
| | 25/1 | 3.85% |
| | 25/1 | 3.85% |
| | 25/1 | 3.85% |
| | 33/1 | 2.94% |
| | 33/1 | 2.94% |
| | 33/1 | 2.94% |
| | 33/1 | 2.94% |
| | 40/1 | 2.44% |
| | 40/1 | 2.44% |
| | 40/1 | 2.44% |
| | 50/1 | 1.96% |
| | 50/1 | 1.96% |
| | 50/1 | 1.96% |
| | 66/1 | 1.49% |
| | 66/1 | 1.49% |
| | 80/1 | 1.23% |
| | 80/1 | 1.23% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 100/1 | 0.99% |
| | 125/1 | 0.79% |
| | 150/1 | 0.66% |
| | 150/1 | 0.66% |
| | 150/1 | 0.66% |
| | 150/1 | 0.66% |
| | 150/1 | 0.66% |
| | 150/1 | 0.66% |
| | 150/1 | 0.66% |
| | 175/1 | 0.57% |
| | 175/1 | 0.57% |
| | 200/1 | 0.50% |
| | 200/1 | 0.50% |
| | 200/1 | 0.50% |
| | 200/1 | 0.50% |
| | 200/1 | 0.50% |
| | 200/1 | 0.50% |
| | 250/1 | 0.40% |
| | 300/1 | 0.33% |
| | 400/1 | 0.25% |
| | 500/1 | 0.20% |
| | 500/1 | 0.20% |
| Chip Chapman | 500/1 | 0.20% |
| | 500/1 | 0.20% |
As of 6 October 2026, according to the odds, the favourite to be the next Tory leader is James Cleverly, best priced at 5/1 with Spreadex.
The odds mean that the probability for James Cleverly to be the next Conservative leader is 16.67%.