Sportsbet.com.au punters continue to back the Coalition to win the July 2 election, with its odds firming today from $1.20 into $1.17.
The online bookmaker has now taken almost eight times the money on the Coalition compared to Labor, which has seen its odds drift from $4.50 out to $5.00.
Punters are also steering away from a hung parliament, with the odds of it happening drifting from $3.75 out to $4.25.
“The longer the campaign goes the more convinced punters are becoming that Malcolm Turnbull will win the election. The Coalition is the shortest it has been since the campaign started, with Labor’s odds almost doubling,” said sportsbet.com.au’s Ben Bulmer.
Markets courtesy of sportsbet.com.au
Sworn In Government
$1.17 Coalition (in from $1.20)
$5.00 Labor (out from $5.00)
Hung Parliament
$1.20 No (in from $1.25)
$4.25 Yes (out from $3.75)
View the Federal Election markets