Betting odds put Coalition almost even with Labor

18/04/2022 5:00:00 AM

A Resolve poll showing Scott Morrison has become more popular than Anthony Albanese shortened the odds of Coalition victory to $2.

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.

A Resolve poll showing Scott Morrison has become more popular than Anthony Albanese shortened the odds of Coalition victory to $2.

Mr Morrison’s job-approval rating was minus three. Mr Albanese’s was minus nine.AdvertisementWith 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.

Poor historyPolitical betting markets were largely discredited as a predictive tool after the 2019 federal election, which they wrongly foreshadowed would be won by the Labor Party.Ten days before the 2019 election, theTAB market odds impliedthe Labor Party would win Dunkley, Chisholm, La Trobe and Corangamite in Victoria from the Liberal Party. It won Dunkley and Corangamite.

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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?