Latest Politics Odds: Who's Leading the UK's Top Political Markets?

Updated: January 5, 2026 at 2:38 pm GMT+0
Fact Checked by Dominic Celica Dominic Celica

As 2026 begins to unravel, growing unrest continues within the Labour Party amid speculation over a reshuffle, and betting sites have opened fresh markets on Keir Starmer’s leadership, as well as who could succeed Rachel Reeves as the next Chancellor.

Here’s your complete guide to the names making waves in Westminster.

Next Prime Minister Odds

Here's a breakdown of the current potential Labour replacements to succeed Keir Starmer at No.10 Downing Street:

NameOddsImplied Probability
Wes Streeting 7/222.2%
Angela Rayner 9/218.2%
Andy Burnham 8/111.1%
Shabana Mahmood9/110%
Ed Miliband 10/19.1%
Yvette Cooper16/15.9%
Lucy Powell 20/1 4.8%
David Lammy 25/13.8%
Darren Jones 25/13.8%
Peter Kyle 33/12.9%
John Heatley 33/12.9%
Bridget Phillipson33/1 2.9%
Torsten Bell40/12.4%
Sadiq Kahn 50/12%
Rachel Reeves 50/12%

Odds correct as of Monday, 5th January, 12pm.

Keir Starmer Exit Date Odds

Here's a breakdown of the current potential exit dates for Sir Keir Starmer:

Exit DateOddsImplied Probability
2027 or later 5/444.4%
April - June 20269/430.8%
July - September 2026 4/120%
January - March 2026 7/112.5%
October - December 2026 12/17.7%

Odds correct as of Monday, 5th January, 12pm.

Keir Starmer Exit Year Odds

Here's a breakdown of the current potential exit year for Sir Keir Starmer:

Exit DateOddsImplied Probability
20268/1361.9%
20274/120%
2029 or later 9/218.2%
202813/213.3%

Odds correct as of Monday, 5th January, 12pm.

Next General Election - Most Seats

Here's a breakdown of the current General Election forecast for Most Seats:

Party OddsImplied Probability
Reform 10/1152.4%
Labour5/228.6%
Conservatives 4/120%
Greens 16/15.9%
Lib Dems 50/12%
Advance UK 100/11%
Your Party150/10.7%
Workers Party of Britain 500/1 0.2%

Odds correct as of Monday, 5th January, 12pm.

General Election - Result

Here's a breakdown of the forecast for the next General Election:

PartyOddsImplied Probability
No Overall Majority/Hung Parliament 4/660%
Reform Majority11/426.7%
Labour Majority11/215.4%
Conservatives Majority8/111.1%
Green Majority 50/12%
Lib Dems Majority150/10.7%
Your Party250/10.4%
Advance UK Majority 300/10.3%
Workers Party of Britain Majority 500/1 0.2%

Odds correct as of Monday, 5th January, 12pm.

Latest Chancellor Odds - Market Eyes New Faces

Here's a breakdown of the current potential permanent Labour replacements to succeed Rachel Reeves as Chancellor of the Exchequer:


Name
OddsImplied Probability
Pat McFadden11/1047.6%
Torsten Bell7/222.2%
Darren Jones6/114.3%
Wes Streeting12/17.7%
Shabana Mahmood14/1 6.7%
Aneliesse Dodds 16/15.9%
John Healey16/15.9%
Yvette Cooper16/15.9%
Jonathan Reynolds 16/15.9%
Ellie Reeves 16/15.9%
David Lammy 16/15.9%
Douglas Alexander 20/14.8%
Others20/1+≤4.8%

Odds correct as of Monday, 5th January, 12pm.

Rachel Reeves Exit Date

Here's a breakdown of the current potential exit dates for Rachel Reeves:

Exit DateOddsImplied Probability
20264/969.2%
20274/120%
20287/112.5%
2029 or later8/111.1%

Odds correct as of Monday, 5th January, 12pm.

Politics on Free Bets

Be sure to check back regularly, as we've got full coverage of all things surrounding the current political landscape.

From Prime Ministerial tenure to Cabinet shakeups, the latest odds offer a fascinating lens into UK politics. Stay tuned for the latest betting insights, political odds comparisons, and expert analysis as election momentum builds.

Joshua Kerr
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