Betting market update

Bryan · Tuesday 24 October 2006 · 6:42 am

In the past fortnight, there has been another slight movement in the Coalition’s favour. The average of the four bookmakers suggested a 57.6 per cent probability of a Coalition government following the 2007 Federal election. (It was 57.4 per cent on 10 October 2006.)

  • 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 (unchanged)
  • For a Coalition win IASBet would pay $1.63 and for a Labor win it would pay $2.25. The implied probability of a Coalition win at the next election is 58.0 per cent (was 57.1 per cent)
  • SportingBet is paying $1.67 for a Coalition win and $2.15 for a Labor win. The implied probability of a Coalition win at the next election is 56.3 per cent (unchanged)
  • SportsBet is paying $1.65 for a Coalition win and $2.20 for a Labor win. The implied probability of a Coalition win at the next election is 57.1 per cent (unchanged)

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Betting market ·