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Federal Election A Chance This Year According To Election Betting

Thu, Jan 26, 2:52pm by Kevin Pitstock

The next federal election could happen sooner rather than later according to sportsbet.com.au, with the online bookmaker moving its market on the election to take place before June 30th 2012 from $3.25 to $3.00.

The election to take place between 1 July and 31 December 2012 has remained steady at $3.25, while the election to happen in the first half of 2013 remains a long shot moving from $5.00 out to $6.00.

The election date to fall during the second half of next year has drifted from $2.25 to $2.50, but remains the favourite.

Tony Abbott remains the short priced favourite at $1.50 to be the Liberal leader.

Kevin Rudd has firmed slightly from $3.75 to $3.50 to take Julia Gillard’s place and lead Labor into the next election, however Gillard is still favourite at $2.10.

Regardless of who takes charge, Labor’s chances of winning the election look long, moving from $2.90 out to $3.15 to remain in power. The Liberals on the other hand would need to make a massive stuff up to not be sworn into power, moving from $1.40 into $1.35 to win the election.

“The possibility of the election happening this year looks a real chance, but it wouldn’t spell good news for Labor who continue to drift in head to head betting against the Liberals,” said sportsbet.com.au’s Shaun Anderson.

“Kevin Rudd appears to be given some chance to regain power of Labor, but the money suggests it will still be Gillard who leads Labor into the next election.”

Australia’s Federal Election Date Betting Odds @ Sportsbet

(Prices in brackets from Friday 20th January)
$2.50 1st July 2013 to 31st December 2013 (out from $2.25)
$3.00 1st January to 30th June 2012 (in from $3.25)
$3.25 1st July 2012 to 31st December 2012 (steady)
$6.00 1st January to 30th June 2013 (out from $5.00)

Australia’s next Federal Election Betting Odds @ Sportsbet

(Prices in brackets from Friday 20th January)
$1.35 Coalition (in from $1.40)
$3.15 Labor (out from $2.90)

Labor Leader at next Federal Election Betting Odds @ Sportsbet

(Prices in brackets from Friday 20th January)
$2.10 Julia Gillard (steady)
$3.50 Kevin Rudd (in from $3.75)
$4.50 Simon Crean (out from $4.00)
$6.00 Stephen Smith (out from $5.00)
$8.00 Bill Shorten (out from $7.00)
$17 Greg Combet (steady)
$67 Wayne Swan (steady)
$81 Chris Bowen (steady)
$151 Anthony Albanese (steady)
$201 Kate Ellis (steady)
$201 Nicola Roxon (steady)
$151 Kate Ellis (steady)
$251 Peter Garrett (steady)

Coalition Leader at next Federal Election Betting Odds @ Sportsbet

(Prices in brackets from Friday 20th January)
$1.50 Tony Abbott (steady)
$3.50 Malcolm Turnbull (steady)
$6.00 Joe Hockey (steady)
$34 Chris Pyne (steady)
$34 Scott Morrison (steady)
$51 Stuart Robert (steady)
$67 Julie Bishop (steady)
$101 David Johnston (steady)
$201 Wyatt Roy (steady)


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