Betting market update
The fall continues: the Coalition is just below 45 per cent probability of winning the 2007 election. However, it is still a close contest. The book makers are saying that if the same 2007 Federal election were repeated 20 times, John Howard would expect to win 9 elections and Kevin Rudd would expect to win 11.
| Bookmaker | Coalition Odds | Labor Odds | Probability of a Coalition Win |
|---|---|---|---|
| Centrebet | $2.10 | $1.69 | 44.6% |
| IASBet | $2.10 | $1.72 | 45.0% |
| SportingBet | $2.05 | $1.75 | 46.1% |
| SportsBet | $2.15 | $1.70 | 44.2% |
| SportsAcumen | $2.12 | $1.68 | 44.2% |
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Update: An interesting take on the betting market from Core Economics