Betting market update

Bryan · Monday 10 April 2006 · 3:37 am

It has been a few weeks since I provided a betting market update. My forgetfulness aside, there is not much movement to report. The average of the four bookmakers suggests a 56.9 per cent probability of a Coalition government following the 2007 Federal election. It was 56.8 per cent last time I checked.

  • For a Coalition win Centrebet would pay $1.60 and for a Labor win it would pay $2.20. 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. 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 $2.15 for a Labor win. It was $1.65 and $2.12 last time I checked. The implied probability of a Coalition win at the next election is 56.6 per cent
  • SportsBet is paying $1.60 for a Coalition win and $2.20 for a Labor win. The implied probability of a Coalition win at the next election is 57.9 per cent

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Betting market ·