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Labor Party’s odds continue to drift in Federal Election betting

Labor have once again drifted out to their largest price to win the election according to online bookmaker sportsbet.com.au.

• Sportsbet have pushed Labor from $7.00 out to $8.00 to win the election.
• Coalition has firmed from $1.10 into $1.08.
• Total money held is now split 87% to 13% in favour of the Coalition.

Bill Shorten’s party are now an unlikely $8.00, out from $7.00, to be victorious on Saturday.

Malcolm Turnbull’s Coalition have been cut once more from $1.10 into $1.08 – with 87% of total wagers compared to just 13% on Labor.

“They say it’s not over until the fat lady sings but looking at the betting she’s already on the stage clearing her throat,’’ said sportsbet.com.au’s Will Byrne.

Market courtesy of sportsbet.com.au
Sworn In Government
$1.08 Coalition (in from $1.10)

$8.00 Labor (out from $7.00)

View the Federal Election markets

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