Boris Johnson as new U.K. prime minister?

After the disappointing showing for the Conservative Party in the U.K. exit poll, bookies are already raising the chances that the flamboyant foreign secretary will emerge as the next British leader after the general election.

Read:Pound tumbles as U.K. exit poll points to hung parliament: Live blog

Irish bookmaker Paddy Power puts his odds for taking over parliament at 7/1, implying a 13% chance he’ll replace Theresa May. Before the shocking exit poll Thursday night, his odds were at a longshot 50/1. In the bet on who will become the next Conservative leader after May, Johnson stands at 2/1, or a 33% probability.

“As the nation scrambles to come to terms with the exit polls tonight, Paddy Power have priced up who will succeed Theresa May as Conservative Leader. With May under pressure as a result of the potentially disastrous figures hinted at by the exit poll, Boris Johnson is in prime position to follow her,” a spokesperson from Paddy Power said in a note.

At Sky Bet, the chances for BoJo — as he is playfully referred to in the U.K. — also went up significantly Thursday evening.

The new odds come after the poll published immediately after the voting stations closed showed the Tories are at risk of losing their parliamentary majority, winning a predicted 314 seats. That’s short of the 326 needed to secure a majority and could lead to a hung parliament, which is considered the worst-case scenario.

Read:U.K. election: So what is a hung parliament?

May essentially called the election to increase her party’s advantage in parliament, but with the gamble looking likely to have failed there are already calls for the prime minister to resign.

Former Conservative chancellor George Osborne said on ITV the prime minister could have to resign if the poll is accurate.

“Clearly if she’s got a worse result than two years ago and is almost unable to form a government then she I doubt will survive in the long term as Conservative Party leader,” he said.