Betting market update

Bryan · Tuesday 10 October 2006 · 3:46 am

In the past week, there has been an almost imperceptible movement in the Coalition’s favour. The average of the four bookmakers suggested a 57.4 per cent probability of a Coalition government following the 2007 Federal election (was 57.3 per cent on 2 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 $1.65 and for a Labor win it would pay $2.20. The implied probability of a Coalition win at the next election is 57.1 per cent (was 56.8 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)

The usual graphs are here. You may need to hit the refresh or reload button on your browser to see the latest graphs.

ACNielsen: 54 to 46 in Labor’s favour

Bryan · Monday 9 October 2006 · 7:27 am

Fairfax has today’s ACNielsen poll (here, here. here, and here, with details here).

The headline prediction was a massacre for the Coalition. Were an election held between Thursday and Saturday just passed, Labor would have got 54 per cent of the national two-party preferred vote. The Coalition, would have got 46 per cent of that vote. On the primary votes, the Coalition scored just 39 per cent (down three points), while Labor got 42 per cent (up three points).

ACNielsen: Two-party preferred vote for Coalition

Wow! As one commentator noted this morning, the trend is definitely with Labor. While I do not doubt the overall trend, I have my doubts about the scale of the predicted blood bath.

I particularly found the Iraq commentary implausible. Okay, so ACNielsen asked people their views on Iraq. That does not mean those views drove this month’s movement in the polls. I agree, Iraq is a military quagmire and most Australians want us out of there. But Iraq is not something about which the mug punters are particularly passionate. It is not driving much in the way voting behaviour.

In the electoral sense, Iraq is not another Vietnam. There is no conscription and, apart from the odd random accident, there are no Australian body bags. Looking back over the past two years, the Coalition’s soft under-belly is industrial relations, not Iraq.

I cannot point to any significant political event over the past month to support a three-point jump in the primary votes. I am less concerned with ACNielsen’s prediction for Labor’s primary vote (last month was the aberration and this month is the correction). However, I suspect the Coalition primary vote prediction is one or two points under-sold. And I am inclined to put one or two points of Labor’s 54 per cent down to the random perturbations of statistics as well.

Of note, ACNielsen did not report votes for One Nation. Perhaps this is the last death rattle for Pauline’s once-powerful party: even the pollsters are ignoring it now. In its place, ACNielsen reported primary votes for Family First for the first time.

The usual opinion poll graphs are here. You may need to hit the refresh or reload button on your browser to see the latest graphs.

Evolution of dance

Bryan · Sunday 8 October 2006 · 11:49 am

Over 33 million people have seen this You Tube offering. It is worth a look if you haven’t seen it already.

New improved blog feeds

Bryan · 10:37 am

I have upgraded the feed aggregation software to capture the original links and images on the page of Australian politics blog feeds. Hopefully, this will yield a richer summary of what’s happening in the land of Ozpolblogistan.

Lachlan Connor: independent candidate for the Senate

Bryan · Friday 6 October 2006 · 7:31 am

Came across there in my travels. Enjoy.

Sourced from here.