Betting agency’s costly election stuff up

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An anonymous NSW punter bet $1 million that ALP would win. That's really going to suck for him/her. AusVotes Auspol

In a release from Sportsbet on Thursday, they detailed the reasoning behind the enormous payout.

“Sportsbet punters have declared Saturday’s Federal Election run and won, backing Labor into Winx-like odds of $1.16 with 70% of all money wagered on the election going on Bill Shorten’s team,” the release said. “With punters so confident, Sportsbet has today paid out early on all bets placed on Labor to win Saturday’s vote“Labor have attracted several large wagers including one savvy punter who walks away with over $128,000 before a vote has been counted.”

“Our punters have spoken through their bets! 7 out of every 10 bets on the election are on Labor. They’re supremely confident we will be paying out on Saturday so we have decided to pay them early.“Sportsbet’s markets currently suggest Labor will win 82 seats and the Coalition 63.”

 

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I wouldn't call that a bet. Just an insurance policy against the zombification of Australia.

MRobertsQLD Just like way back when some real smart dude thought 'easy $10k' by punting $100k of his hard earned on the Australia ODI team $1.10 to win a first round World Cup match against Bangladesh...ouch!!

Should have bet with Sportsbet, they paid out on a Labor win. Idiot put it on with Ladbrooks.

Zero sympathy - only bet what you can afford to lose

I had $20 on scomo!

No he got paid out Friday

DanWeLL8

Hahaha hahahaha

More dollars that sense.

Alex will be fine. Daddy will help him out with a fiver.

fair dinkum the bloody drongos

Thoughts and prayers to Alex Turnbull.

He wouldn’t be ‘anonymous’ if things went the other way.

Gamble Responsibly

Gus Gould...

😂😂

Probably using union members’ funds.

MRobertsQLD Let me guess, Alex Turnbull ? 😂

MRobertsQLD Alex Turnbull? 😂

LOL

oh dear what a shame never mind

Holy cow! THIS IS GOLD! Auspol

I hope the bookie didnt take this bet on the tick. Old mate might be a bit hard to find on Monday when it comes to settling up. OUCH

It was prob Scomo who used National funds to put the bet on. That's how much little faith he had in himself

Hopefully cashed out early

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