Weekly betting market update
Centrebet eased a fraction in Labor’s direction over the past week. Otherwise, there was no movement to report. The average of the four bookmakers suggests a 58.2 per cent probability of a Coalition government following the 2007 Federal election. It was 58.4 per cent last Monday.
- For a Coalition win Centrebet would pay $1.57 and for a Labor win it would pay $2.25. The implied probability of a Coalition win at the next election is 58.9 per cent. It was 59.7 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.
- 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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