Following their rather dominating performance in the 2024 General Election, the Labour Party now has a maximum of four years to change the political landscape of the country before another vote will take place. However, there is another voting process that could take place before then, which revolves around the leader of the Labour Party itself.
On this page, we take a look at the next Labour leading betting odds, discussing the favourites and looking at Keir Starmer's impact on politics thus far. We also share a guide detailing exactly how you can bet on politics for yourself right here at BetVictor!
Keir Starmer made history in July 2024 by leading the Labour Party to a major win in the UK General Election. His victory ended 14 years of Conservative rule and brought fresh hope to many voters.
The early days of his leadership showed strong public support and confidence in his plans for the country. However, Starmer's popularity has taken a sharp drop since the 2025 local elections, with Labour's poor showing in recent times leading many voters to question whether the party has the ability to deliver on its campaign promises.
The decline comes at a tough time for the UK, as the party tries to fix problems left by years of Conservative governance. Some Labour MPs worry that Starmer's leadership style lacks the spark needed to keep public support strong through hard times, while others remain confident in his approach.
There are plenty of political figures in the running to replace Keir Starmer as the leader of the Labour Party, with the current politics betting favourites being:
Wes Streeting stands as the top contender to replace Keir Starmer according to the latest betting odds. He currently serves as the Shadow Secretary of State for Health and Social Care in the Labour Party.
His political career has gained momentum as party members look for fresh leadership, with Streeting's frontrunner status coming from his clear communication style and strong policy positions on healthcare reform.
The Labour Party needs a leader who can connect with voters and deliver real change for working people across Britain, which is something that many within the party feel Wes can provide.
Yvette Cooper serves as the current Home Secretary and is the second favourite to become the next Labour leader. Her political career spans many years, giving her an edge over some rivals. Cooper has built a reputation as a steady hand in British politics through her extensive experience.
Many political analysts point to Cooper's time as a Member of Parliament as proof of her leadership potential and that she brings practical knowledge of government operations to the table.
Her popular positioning in the next Labour leader odds comes from both her current cabinet position and her previous runs for party leadership. The odds reflect her standing as a serious contender who could take the reins if Starmer steps down.
Rachel Reeves now serves as the Chancellor of the Exchequer after Labour's recent election win. Her political career has gained significant momentum, making her a potential successor to Keir Starmer.
Reeves has quickly risen to political prominence within the party leadership structure and her role as Shadow Chancellor before the election gave her valuable experience that many view as preparation for possibly becoming the next Labour Party leader.
Andy Burnham leads from outside Parliament as the Mayor of Greater Manchester. Burnham brings valuable experience from his past government positions to the table. However, he must first return to Parliament as an MP before he can run for the top job.
Many political watchers see him as a strong leadership candidate who could unite different wings of the party, provided that he gets the support to represent Leigh as their respective MP.
In order of the current political betting odds, here's an overview of the favourites to succeed Keir Starmer as the leader of the Labour Party:
If you want to bet on the next leader of the Labour Party online with us at BetVictor, here's a quick guide that you can follow to get started:
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