WA Election 2005: betting market flat line
The Centrebet odds for the WA election remain unchanged over the past 5 days. Labor is on $2.10 and the Coalition is on $1.65 for the win. The implied win probabilities from these odds are 56% for the Coalition and 44% for Labor.
Update: At 7:20am there was no change over the past five days. It is now 7.20pm and the odds have turned around. Labor is ahead on $1.70 to win while the Coalition is on $2.00. This gives Labor a 54% chance of winning the election compared with the Coalition’s 46% chance.
Mumble has laid it on the line with the prediction that Labor will win the WA election with an 11 seat majority (in a story dated 5 February).