Hear Ye! Since 1998.
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9
Apr 07
Mon

Politics at the bookies

Some bookies/betting exchanges are quoting odds on which party will provide the Prime Minister at this year’s federal elections.

Bookie / Labor win / Coalition win
Centrebet / 1.75 / 2.00
Betfair / 1.87 / 2.12
Sportingbet / 1.75 / 2.00

So people are tipping a Labor win at the moment. I suspect that these odds are going to slide over towards the Coalition end nearer to the election (seemed to be the case in the last election), so it’ll be interesting. Coalition seems to be priced well at the moment nonetheless… hard to see them sliding substantially backwards, but I guess anything can happen in politics.