Next Prime Minister odds: The 4 top candidates to replace Boris if he loses tonight's vote

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Smarkets are predicting similar odds in the event of a leadership contest, with Jeremy Hunt is the current favourite to succeed Johnson as Conservative leader, although his probability is only 17 percent.

Liz Truss (12 percent), Penny Mordaunt (11 percent) and Tom Tugendhat (11 percent) are the only other contenders with a double-figure chance.

Matthew Shaddick, Smarkets Head of Political Markets, said: “The early betting at Smarkets has moved strongly in favour of Boris Johnson winning tonight’s no-confidence vote.

“The chances were rated at almost exactly 50/50 when Sir Graham Brady made his announcement and quickly moved in favour of the Prime Minister.



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