Betting market update

Bryan · Monday 12 June 2006 · 8:11 pm

I have not done this for three weeks, and yet there is noting to report. The average of the four bookmakers suggests a 58.2 per cent probability of a Coalition government following the 2007 Federal election.

  • 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.
  • 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

The usual graphs are here. You may need to hit the refresh or reload button on your browser to see the latest graphs. (I am playing with the beta version of Excel 2007, which I have not quite tamed, so apologies if the graphs look a little funny).