Weekly betting market update

Bryan · Monday 20 March 2006 · 11:48 pm

Labor continued its slide with the bookmakers over the last week. The average of the four bookmakers suggests a 56.8 per cent probability of a Coalition government following the 2007 Federal election (up on 55.6 last week and 54.8 per cent the week before).

  • For a Coalition win Centrebet would pay $1.60 and for a Labor win it would pay $2.20 (unchanged on last week). The implied probability of a Coalition win at the next election is 57.9 per cent
  • For a Coalition win IASBet would pay $1.70 and for a Labor win it would pay $2.10 (was $1.75 and $2.05 last week). The implied probability of a Coalition win at the next election is 55.3 per cent
  • SportingBet is paying $1.65 for a Coalition win and $2.12 for a Labor win (was $1.70 and $2.05 last week). The implied probability of a Coalition win at the next election is 56.2 per cent
  • SportsBet is paying $1.60 for a Coalition win and $2.20 for a Labor win (was $1.67 and $2.10 last week). The implied probability of a Coalition win at the next election is 57.9 per cent

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