The Fine Gael leader currently retains his role as caretaker Taoiseach, having resigned from his position last month after the Irish general election.
“We have witnessed a significant surge support for Leo Varadkar in recent days, but the groundswell of support for the Fianna Gael leader intensified greatly overnight,” spokesman Paddy Power confirmed.
The change in odds on Varadkar means he now has a 40 per cent chance of being re-elected as the next Taoiseach of Ireland.
However, Fianna Fail’s Micheal Martin is holding on to his position as favourite, despite drifting from an initial price of 1/3, (a 75 per cent likelihood of being elected) out to odds of 1/2.
At the current price, Martin’s chances of being the next Taoiseach remain strong at 67 per cent, according to Paddy Power.
Meanwhile, the likelihood of Ireland having its first female Taoiseach is looking progressively slim, with Sinn Fein’s Mary Lou McDonald now considered an outsider for the role (20/1).
Green Party leader Eamon Ryan and Fianna Fail’s Finance spokesman Micheal McGrath are both 66/1, followed by John McGuiness (80/1) also of Fianna Fail, who brings up the rear in sixth position.
Irish politics: Varadkar surges in Taoiseach betting after TV address
But Michael Martin remains favourite to head up next Irish Government.
By Rachael Kane / Politics / 10 months ago
The social sharing buttons have been hidden due to cookie preferences. Please allow functional cookies for this to work.
Paddy Power has cut Leo Varadkar from 2/1 into 6/4 to be next Taoiseach of Ireland after last night’s televised address to the nation.
The Fine Gael leader currently retains his role as caretaker Taoiseach, having resigned from his position last month after the Irish general election.
“We have witnessed a significant surge support for Leo Varadkar in recent days, but the groundswell of support for the Fianna Gael leader intensified greatly overnight,” spokesman Paddy Power confirmed.

All the latest Irish election odds are over on PP.com nowThe change in odds on Varadkar means he now has a 40 per cent chance of being re-elected as the next Taoiseach of Ireland.
However, Fianna Fail’s Micheal Martin is holding on to his position as favourite, despite drifting from an initial price of 1/3, (a 75 per cent likelihood of being elected) out to odds of 1/2.
At the current price, Martin’s chances of being the next Taoiseach remain strong at 67 per cent, according to Paddy Power.

All the latest Irish election odds are over on PP.com nowMeanwhile, the likelihood of Ireland having its first female Taoiseach is looking progressively slim, with Sinn Fein’s Mary Lou McDonald now considered an outsider for the role (20/1).
Green Party leader Eamon Ryan and Fianna Fail’s Finance spokesman Micheal McGrath are both 66/1, followed by John McGuiness (80/1) also of Fianna Fail, who brings up the rear in sixth position.
All the latest Irish election odds are over on PP.com nowWhat do you think?
The social sharing buttons have been hidden due to cookie preferences. Please allow functional cookies for this to work.
Cheer
Jeer
Latest Posts
US Election odds: Will Donald Trump concede soon? Don’t bank on it!
Shaun Cronin / Politics / 2 months ago
Trump going off Facebook for a while, says text if you need him
Stephen Large / Politics / 2 months ago
US Election odds: How the betting has swung in Donald Trump and Joe Biden race for the White House
PP Staff / Politics / 2 months ago
Follow us on