Betting market update
The past week has seen the betting market take another small step in Labor’s favour. Last Sunday, the average probability of a Coalition win from the five bookmakers I am tracking was 33.9 per cent. Today it is 31.6 per cent.
| Bookmaker | Coalition Odds | Labor Odds | Probability of a Coalition Win |
|---|---|---|---|
| Centrebet | $3.00 | $1.39 | 31.7% |
| IASBet | $3.00 | $1.38 | 31.5% |
| SportingBet | $2.90 | $1.40 | 32.6% |
| SportsBet | $3.00 | $1.40 | 31.8% |
| SportsAcumen | $3.12 | $1.36 | 30.4% |
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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