Boris Johnson Replacement was an Underdog, According to BetOnline

Ben Wallace has gone from a 10-1 underdog to a 3-1 favorite in the odds to replace Boris Johnson as the next Conservative Party leader.

BetOnline released updated odds following the resignation of Johnson Thursday afternoon.

Wallace is now the odds-on favorite, followed by Rishi Sunk and Penny Mordaunt. Below you will find current odds and accompanying comments from our oddsmaker.

The previous favorite to become the next UK Prime Minister was Tom Tugendhat at 6-1 odds,

As far as the next UK General Election, the numbers suggest it to be a tossup at this point.

"As it stands, former Chancellor of the Exchequer Sunak fares best with the general betting public, in part due to the goodwill generated from delivering furlough payments during the pandemic. He'll run a slick campaign and carry support from various power brokers," BetOnline.ag political analyst Paul Krishnamurty said. "Whilst 'Dishy Rishi' has a strong chance of reaching the final-two - therefore going forward to a head-to-head run-off with the party members - I'm skeptical he'll clear the final hurdle.

"Penny Mordaunt has the perfect profile to beat anyone in that scenario. A young, strong woman, who served in the Navy, who kept her distance from the now discredited Johnson. She's very fluent in the media and, as a strong Brexit supporter, holds positions that chime with both Conservative colleagues and grassroots. Mordaunt has been networking and building a campaign quietly for months, away from the limelight. Compared to her rivals, beleaguered after months of scandal, she looks to be the right fresh face to lead a new start."

UK General Election

Conservatives             -110

Labour                         -110

Liberal Democrats      +5000

Next Conservative Party Leader

Ben Wallace                3-1

Rishi Sunak                  4-1

Penny Mordaunt         5-1

Elizabeth Truss            15-2

Sajid Javid                   15-2

Tom Tugendhat          10-1

Jeremy Hunt               12-1

Nadhim Zahawi           14-1

Steve Baker                 25-1

Grant Shapps              40-1

Priti Patel                    40-1

Suella Braverman        50-1

Mark Harper               55-1

James Cleverly            70-1

Tobais Ellwood            75-1

Jacob Rees-Mogg        125-1

Johnny Mercer            150-1

Oliver Dowden            150-1

Andrea Leadsom         200-1

Esther McVey              200-1

Kwasi Kwarteng          200-1

Robert Jenrick             200-1

Graham Brady             300-1

Matthew Hancock      300-1

- Alistair Prescott, Gambling911.com