Politics
Next Labour Deputy Leader Odds: Lucy Powell Clear Favourite
Lucy Powell is the heavy odds-on favourite with William Hill to become the next Labour Party Deputy Leader, with the ballots opening today.
With only two candidates remaining in the race, Powell looks to hold a commanding advantage in the market at 1/12 (an implied probability of 92%) over Bridget Phillipson at 13/2.
Next Permanent Labour Deputy Leader Odds:
Punters can bet on the next permanent Labour deputy leader after Angela Rayner at William Hill and here is the current state of the market:
- Lucy Powell – 1/12
- Bridget Phillipson – 13/2
The betting is suggesting a clear victory for Powell and politics fans will be keeping a close eye on any market moves as the ballot opens on Wednesday.
Spokesperson for William Hill, Lee Phelps, said: “Ballots open today for Labour Party members and affiliated supporters to vote on a new Deputy Leader following Angela Rayner, and at the moment it’s one-way traffic in the betting.
“Manchester Central MP Lucy Powell is very short in the market at 1/12 to be named next Deputy Leader, with her sole opponent, Secretary of State for Education Bridget Phillipson, a much bigger price at 13/2.
“There’s still plenty of water to pass under the bridge before voting concludes on October 23rd, but at the moment Powell looks to hold all the aces.”
With Reform gathering momentum ahead of the next General Election, the Labour party know that the right appointment is crucial. It’ll be interesting to see whether the betting is right or if we’re in for a shock appointment in the not-so-distant future.
Follow the latest developments in the world of politics at William Hill. With the voting open for the next two weeks, there may be several twists and turns in the fight to become Sir Keir Starmer’s second in command.
*Odds subject to change – prices accurate at the time of writing*
