Betting market update
Last week, SportingBet was providing even odds for a Labor and Coalition win at the 2007 Federal election. This week, SportsBet has Labor ahead of the Coalition.The average probability from the five bookies for a Coalition government following the 2007 election is 50.6 per cent. It was 51.9 per cent on 6 February 2007.
- For a Coalition win Centrebet would pay $1.80 and for a Labor win it would pay $1.90. The implied probability of a Coalition win at the next election is 51.4 per cent (unchanged)
- For a Coalition win IASBet would pay $1.87 and for a Labor win it would pay $1.97. The implied probability of a Coalition win at the next election is 50.8 per cent (was 52.6 per cent)
- SportingBet is paying $1.85 for a Coalition win and $1.95 for a Labor win. The implied probability of a Coalition win at the next election is 51.3 per cent (was 50.0 per cent)
- SportsBet is paying $1.95 for a Coalition win and $1.80 for a Labor win. The implied probability of a Coalition win at the next election is 48.0 per cent (was 53.1 per cent)
- For a Coalition win SportsAcumen would pay $1.80 and for a Labor win it would pay $1.92. The implied probability of a Coalition win at the next election is 51.6 per cent (was 52.4 per cent)
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