Jeremy Corbyn is 1/6 with William Hill to win the Labour leadership race after it was confirmed that he was going to be on the ballot. Owen Smith is 7/2 (correct as of 7.33 am 29/7) 
“At one point, this looked as though it was going to be a close run thing, now however, Corbyn is very much the frontrunner in this two horse race,” said William Hill spokesman Joe Crilly.
2016 Labour Leadership election outcome: 1/6 Jeremy Corbyn; 7/2 Owen Smith