Weekly betting market update

Bryan · Monday 15 May 2006 · 5:32 am

According to the punters, the Government won Budget week. The average of the four bookmakers suggests a 58.4 per cent probability of a Coalition government following the 2007 Federal election. It was 57.4 per cent last Monday.

  • For a Coalition win Centrebet would pay $1.55 and for a Labor win it would pay $2.30. The implied probability of a Coalition win at the next election is 59.7 per cent. It was 57.9 per cent last Monday.
  • For a Coalition win IASBet would pay $1.60 and for a Labor win it would pay $2.25. The implied probability of a Coalition win at the next election is 58.4 per cent. It was 56.3 per cent last Monday.
  • SportingBet is paying $1.62 for a Coalition win and $2.20 for a Labor win. The implied probability of a Coalition win at the next election is 57.6 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 ·