Betting market update
The average probability from the five bookies for a Coalition government following the 2007 election is 48.1 per cent. It was 52.0 per cent on Sunday.
I know a lot of people see significance depending on which side of the half way mark the probability of winning lies. Personally, I am inclined to see anything in the 45-55 ranges as pretty-well a bet each way. We have been in this territory now for around 6 weeks.
| Bookmaker | Coalition Odds | Labor Odds | Probability of a Coalition Win |
|---|---|---|---|
| Centrebet | $1.90 | $1.80 | 48.6% |
| IASBet | $2.00 | $1.80 | 47.4% |
| SportingBet | $1.85 | $1.95 | 51.3% |
| SportsBet | $2.05 | $1.75 | 46.1% |
| SportsAcumen | $2.00 | $1.75 | 46.7% |
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