Betting market weekly update
There was no movement in the betting market over the last week. The average of the four bookmakers suggests a 55.0 per cent probability of a Coalition government following the 2007 Federal election.
- For a Coalition win Centrebet would pay $1.65 and for a Labor win it would pay $2.10. The implied probability of a Coalition win at the next election is 56 per cent.
- For a Coalition win IASBet would pay $1.75 and for a Labor win it would pay $2.05. The implied probability of a Coalition win at the next election is 53.9 per cent.
- SportingBet is paying $1.72 for a Coalition win and $2.05 for a Labor win. The implied probability of a Coalition win at the next election is 54.4 per cent.
- SportsBet is paying $1.67 for a Coalition win and $2.10 for a Labor win. The implied probability of a Coalition win at the next election is 55.7 per cent.