Betting odds put Coalition almost even with Labor

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The Coalition’s odds of winning the election have narrowed from $2.90 to $2.25 as Labor’s blew out to $1.65 after Anthony Albanese’s blunder.

, estimated Labor’s primary vote had fallen from 38 per cent to 34 per cent while primary support for the Coalition stayed statistically steady, moving from 34 per cent to 35 per cent.With five weeks before election day, the tightening in odds reflects a perception that Mr Albanese’s widely criticised performance in the campaign’s first week gives the Coalition a chance of repeating 2019’s unexpected victory.

Polling companies have changed their methodologies for this election, which may help the betting markets become more accurate. They correctly predicted Liberal Premier Steven Marshall would lose last month’s South Australian election.The day before the March 19 state election, Tabcorp’s market had the Labor opposition on $1.22 and the government on $4. The Labor Party received a swing of 6.5 per cent, which gave it a four-seat majority.

The odds of a hung parliament, where neither side obtains a majority, narrowed from $3.10 on April 8 to $2.50 on Sunday on the TAB market after the press conference.While the betting markets put Labor ahead, opinion polls in April have produced a wide range of results, from 50 per cent for the opposition by Essential to 57 per cent estimated by Roy Morgan.estimated Labor Party support at 51 per cent, the Coalition at 42 per cent and 7 per cent undecided.

 

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BS

NeverTrustNewsCorp

No reason why ALP shouldn't romp home despite all the undermining.

I remember a time when the Fin Review was actually something worthwhile. Gone the way of every other news publication now. Click bait and desktop journalism. Sad.

Horse race journalism at its best. To fkn lazy for critical perspectives on policy and how they will affect Australia’s future.

We are going with problematic male gamblers as a compass.

You’re pretty good at maths 😐

Should we look at polls? nah, lets quote some bookies.

Or... Labor holds despite the media's best efforts to derail Albanese

Blew out to $1.65? What did they start at?

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