Betting market update

Bryan · Sunday 12 August 2007 · 6:23 am

This week, Labor firmed with all of the bookmakers I am tracking. Today the average probability for a Coalition win at the 2007 election is 37.3 per cent. The Coalition’s average probability fell 3.7 percentage points in the past week. Last Sunday it was 41.0 per cent. The Sunday before that it was 42.8.

Bookmaker Coalition Odds Labor Odds Probability of a Coalition Win
Centrebet $2.55 $1.52 37.3%
IASBet $2.60 $1.48 36.3%
SportingBet $2.45 $1.55 38.8%
SportsBet $2.55 $1.51 37.2%
SportsAcumen $2.55 $1.50 37.0%

Betting market probabilities

According to Centrebet, the favourite for the election date is 10 November 2007. Sportingbet has it as 24 November 2007.

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

If you don’t want to risk any of your well earned, you can place a tip on the 2007 election here