Penny Mordaunt is now 15/8, having been 21/10 on Tuesday evening, to be the next Conservative leader, making her the new joint-favourite with Rishi Sunak.
Liz Truss follows behind at 9/2, while Kemi Badenoch (14/1) and Tom Tugendhat (21/1) remain big outsiders for the No.10 gig.
Sunak (2/13) and Mordaunt (4/7) are odds-on to be the final two Tory MPs battling it out in the leadership contest, whilst the former chancellor is also the 1/33 frontrunner to receive the most votes from Tory MPs in the first ballot on Wednesday.
Betfair Exchange: Next Conservative leader
Rishi Sunak: 15/8
Penny Mordaunt: 15/8
Liz Truss: 9/2
Kemi Badenoch: 14/1
Tom Tugendhat: 21/1
Jeremy Hunt: 74/1
Suella Braverman: 119/1
Nadim Zahawi: 189/1
Betfair Exchange: To make final two
Rishi Sunak: 2/13
Penny Mordaunt: 4/7
Liz Truss: 5/2
Kemi Badenoch: 6/1
Tom Tugendhat: 15/2
Jeremy Hunt: 17/1
Nadim Zahawi: 29/1
Suella Braverman: 31/1
Betfair Exchange: To receive the most votes in the first ballot
Rishi Sunak: 1/33
Penny Mordaunt: 3/1
Liz Truss: 3/1
Kemi Badenoch: 4/1
Tom Tugendhat: 4/1
Jeremy Hunt: 5/1
Nadim Zahawi: 8/1
Suella Braverman: 9/1
Betfair spokesperson Sam Rosbottom said, “Penny Mordaunt is now the 15/8 joint-favourite with Rishi Sunak to be the next Tory leader, having been 21/10 on Tuesday evening. Liz Truss follows behind at 9/2, while the other five riders remain big outsiders.
“Sunak is also the clear 1/33 favourite to receive the most votes from his fellow Conservative MPs in the first ballot on Wednesday, with Mordaunt and Truss both 3/1.”
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