Betting market update
The poor polls for the Coalition are showing up in the betting market. Last Sunday, the average from the five bookmakers I am tracking had the Coalition on a probability of 34.0 per cent of winning the next election. Today, that probability is down to 26.7 per cent.
| Bookmaker | Coalition Odds | Labor Odds | Probability of a Coalition Win |
|---|---|---|---|
| Centrebet | $3.55 | $1.30 | 26.8% |
| IASBet | $3.55 | $1.28 | 26.5% |
| SportingBet | $3.60 | $1.30 | 26.5% |
| SportsBet | $3.55 | $1.30 | 26.8% |
| SportsAcumen | $3.50 | $1.30 | 27.1% |

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